Iraqi Dinar Guru opinions 9-8-15
Iraqi Dinar Guru opinions 9-8-15
9-8-2015 Newshound Guru Breitling [Do you have a feeling for the timing for a significant change of the dinar value? It’s been relatively the same for a very long time.] There is a couple different ways you have to look at it. You got out of the US dollar and into the Iraqi dinar. People don’t want to hear this…they want to hear when it’s going to revalue. But this is a game… If I was going to go into an investment and there was NOT going to be a huge revaluation in the currency, I would still look at the dinar. Because knowing the value of the US dollar has to go down…how much will the dinar go up? It’s a 27% return so far. You just beat the S & P 500. It’s pretty remarkable.
9-8-2015 Newshound Guru tlm724 Article: “The central bank agrees to rehabilitate the Warka Bank” Quote: “the Board of the Central Bank Board of Directors approved, today, the rehabilitation of the Warka Bank.” this is good news for sure, Warka has been teetering on the fence of failure for years now! at least the CBI is stepping up…at this point in the economic plan Iraq can’t really afford to lose any banks
9-8-2015 Newshound Guru OOTW LAST MONTH, I SAW AN ARTICLE STATING THAT THE JUDICIARY WAS LOOKING TO HIRE JUDGES WITH (SPECIFICALLY) FINANCIAL BACKGROUNDS, SO THEY BETTER UNDERSTOOD HOW TO HEAR ECONOMIC CORRUPTION CASES. AGAIN, ANOTHER ANNOUNCEMENT INDICATING THAT THE JUDICIARY WANTS TO BE SEEN COMPLYING WITH PROTESTERS AND THE GOI’S DEMANDS. I STILL HAVE A DIFFICULT TIME WITH THE CONCEPT OF MAHMOUD STAYING, AS WELL AS THE IRAQI PEOPLE ACCEPTING THE RETENTION OF HIS POST.
9-8-20-15 Intel Guru Frank26 In the next 21 days…You will see something EPIC in Iraq. NEVER seen there before.
9-8-2015 Newshound Guru Aggiedad77 Today we see the Iraqi’s getting set to “promote” bond sales…international bonds…will they be in USD or Euros…personally at this point I don’t care…I’m more interested in when they will try and sell them…this is a closely guarded secret for some reason.
9-7-2015 Intel/Newshound Guru Poppy3 NEW RATE VERY NEAR AND NOT JUST WANTED BUT REQUIRED. THEY HAVE ANNOUNCED SEVERAL DEADLINES THAT REQUIRE AN ACCEPTABLE RATE BEFORE THE THINGS CAN BE MET. PERIOD. NO DEBATE IT IS FACTUAL. RELAX WE ARE IN GREAT POSITION IN GOOD HANDS.
9-7-2015 RUMOR Guru Mnt Goat “ECONOMIC SPECIALIST: OPEC WILL CUT ITS PRODUCTION RATES TO SAVE THE ECONOMY OF IRAQ” I simply luv this article … It is telling us so much about the OPEC and the GCC. The GCC is the Gulf Cooperation Council. It is a political and economic alliance of six Middle Eastern countries—Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain,Oman and now Iraq. Arguably the most important article of the GCC charter is Article 4, which states that the alliance was formed to strengthen relations among its member countries and to promote cooperation among the countries’ citizens. The GCC also has a defense planning council that coordinates military cooperation between member countries.
9-7-2015 RUMOR Guru Mnt Goat So we are witnessing the economic strength and power of the OPEC and the GCC in the…article. This is such HUGE news as Saudi Arabia and other member are willing to help Iraq through this economic crisis by cutting oil production. They are doing this to raise oil prices, something which we know Iraq needs desperately to stabilize its economy and help in it’s stabilization of the Iraq dinar (thus the RV later). This is yet another tool being used to assure Iraq WILL SURVIVE AND WILL SUCCEED. How can you not succeed in the long term when so many countries are behind you?
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…