Iraqi Dinar Guru opinions 9-7-15
Iraqi Dinar Guru opinions 9-7-15
9-7-2015 Newshound Guru firefly “Breaking News CBI Governor assures agreeing with Banks Union on unified exchange rates…Published: 2015/6/20″ WOW! [that was in june?] YES!!! [so we have a rate, we just don’t know what it is?] Appears so. Folks, a monetary reform doesn’t happen with a push of a button…It’s a process. They got the Green light on March 3rd. You folks really think Iraq shredded it? …study your history, study your economics, Follow the CBI. [so is there a way M (Maliki) can stop this all from happening?] NO! How can he? You cannot stop a monetary reform…it is a way of life! Problem being …EVERYBODY WANTS A DATE! [But…On the news they are still talking about ISIS and oil prices dropping.] Yes, Iraq has to move and fast!
9-7-2015 Newshound Guru OOTW OBVIOUSLY, AND FINALLY, IRAQ HAS DECIDED TO GO AFTER CORRUPTION, NOT ONLY BECAUSE IT’S THE MORALLY CORRECT APPROACH, BUT ALSO BECAUSE THEY WANT TO RECOVER MONIES – AND THIS ALSO BY PROXY, ALLOWS THEM TO USE THIS APPROACH, AS A WAY TO GET TO THE JUDICIARY – I’M VERY GLAD TO SEE THE CLERICS SUPPORT. THEY’RE WORKING FROM THE TOP DOWN – AND THIS IS BTW, IS THE BEST WAY TO CLEAN HOUSE, LITERALLY AND FIGURATIVELY. I HAVE BEEN WATCHING THIS FOR YEARS AND I’M SO SO GLAD IT’S COME TO THIS AND NOW THE THREE PRESIDENCIES SUPPORT EACH OTHER (ALSO CLERIC SUPPORT AND PROTESTS BY THE PEOPLE) TO CLEAN UP THE JUDICIARY – IMHO, THIS HAS BEEN ONE OF THE BIGGEST PROBLEMS FACING EVERY ISSUE IN IRAQ; LAWS, REFORMS, THE ECONOMY, ALL OF IT.
9-7-2015 Newshound/Intel Guru BGG Several major laws on deck for next week… Anti-Money Laundering Law… Investment Law…and National Guard Law – (plenty of ink on all three)…The bonds are a huge failure so far. They got a not so great credit rating… again. [Will a currency rate increase make bonds successful IYO.] not really – (it might help) … but the point is – the bonds wouldn’t produce the dough they need. A currency rate would…at least bridge their short term budget issues… [Do you think Abadi is coming here to promote the bonds this week?] I don’t – bonds (on their best day) won’t save them…it’s something else…
9-7-2015 Newshound Guru Breitling Everybody is in an uproar about the dinar being devalued [article]. …I’ve been telling you the dinar will not devalue. They [Bloomberg] are trying to pretend they know the market rate of the dinar. What they don’t understand is that it’s a completely manipulated currency right now and it’s manipulated by the amount of notes they have out there. Just like any other currency out there. The liquidity is shoring up…it went from 9 billion to 4 billion notes so it is very strange that these guys [Bloomberg] would even come up with an article like that. Let’s say, if the value of the dinar should go down as the price of oil has gone down. To keep the value up they’d have to get more dinar out of the market right? And guess what? At the end of the article it says by the CBI…the reserves won’t be depleted and the dinar will not be devalued…so why even print the article?
9-7-2015 Newshound Guru Breitling The competition for the dinar is the US dollar and they are selling the oil in US dollars so they are not worried too much about the market rate for the dinar because it’s artificially manipulated anyway…It [the dinar] used to be at a $3 rate and it was at a billion notes. And they printed a new currency [The notes you and I have now] and they printed a ton of them in two different stages and the governor of the CBI said ‘we are going to get the value of this currency back up but we are going to reduce the note count in the meantime.’ There was always the threat of a LOP. But they would not have gotten rid of ONE note off the market…they just would have said, ‘Hey, let’s pretend those zeros are not on it and we’ll go from there.’ They didn’t do that. They went the complete opposite direction…they started getting rid of the physical notes
9-6-2015 Newshound Guru My Ladies [Fitch and S&P have given Iraq a credit rating. Now Moody’s is the only one left… I…feel we should see the final rating…possibly even as early as this next week.] I AM A MEMBER OF MOODYS AND HAVE BEEN WATCHING BUT SO FAR HAVE SEEN NOTHING ON IRAQ GETTING A RATING AND NO MENTION OF THEM TRAVELING TO LONDON OR ANYWHERE ELSE… NEXT WEEK WORKS FOR ME HOWEVER I WILL RAISE MY EXPECTATIONS.
9-6-2015 Newshound Guru OOTW IF THE PATTERN CONTINUES…WE SHOULD SEE SOME INTERESTING NEWS COMING OUT OF IRAQ SOON… THE PAST FEW SUNDAYS HAVE SEEN A LOT OF ACTIVITY IN THE PRESS.
9-6-2015 Intel/Newshound Guru Backdoc THESE TWO MONTHS [SEPT. & OCT.] WILL BE VERY HISTORICAL I ASSURE YOU!! LIFE AS WE KNOW IT NOW WILL NOT BE MUCH LONGER. I LOOK FOR THE PACE TO QUICKEN AS SEPT. MOVES FORWARD. ABADI WILL DO WHAT HE NEEDS TO DO TO HELP THE GOOD DR S MOVE FORWARD. IRAQ DOESNT WANT TO BE PUT BACK TO THE STONE AGE. THEY WILL WRAP THINGS SOON.
9-6-2015 Intel/Newshound Gurus Nova & My Ladies NEXT WEEK IS GOING TO BE INTERESTING TO SAY THE LEAST! …WE ARE IN THE NEW SYSTEM…AND IF THE REFORMS GET DONE SOON THERE WILL BE NO STOPPING THE TRAIN.
9-6-2015 Newshound Guru Chattels Article quote: “Wednesday, Parliament’s intention to pass the investment Pencchth amended law in the parliament session next Monday to achieve the full support of the Iraqi economy.” Even if it passes there is the implementation issue with all things in Iraq. My belief is that if there was only a first reading then there must be a second and then a four day scheduling wait, so next week may be an ” ambitious” timeline under the best of circumstances.
9-6-2015 Intel Guru Frank26 The LAWS that You and i seek as investors and other entities for the MR have been positioned to be instantly activated…Trigged at the blink of an eye. THE LL…Is the SPINAL CORD of Iraq’s Economic Survival and Future Existence. When they are READY is when DRS will be ready.