Iraqi Dinar Guru opinions 9-18-15
Iraqi Dinar Guru opinions 9-18-15
9-18-2015 Intel/Newshound Guru tman23 Regarding Investment Law…Investment law is composed of three legal sources: international law (especially investment treaties), investment contracts between investors and states, and domestic law. At the international level, the main legal instruments relating to investment are investment treaties. These primarily aim at protecting the foreign investor in the host state. The reason for the Iraq Bonds not yet being released for international sales yet… The Investment Law! BUT…Gurus will say it is because they need a (RV) rate… WHICH IS NOT SO!
9-18-2015 Newshound Guru Adam Montana […a lot of us, a ton of us have the 25k note. If the CBI starts retiring more notes once it RV’s at a dime or above, then kept on a market float up, which notes would they eliminate first from 25k downward? From the 100 IQD upwards? How long of a window would we have to trade them in for other safer denoms?] I believe they will start with the 25k and go down, and we should have a window of AT LEAST 3 months, and probably a max of 2 years.
9-18-2015 Newshound Guru OOTW I…WENT TO THE MINISTRY OF FINANCE SITE AND THE DRAFT BUDGET LAW FOR 2016 HAS BEEN UPLOADED…IT’S ENCRYPTED SO NO JOY THERE. I DO NOT SEE THE BUDGET LAW AS ANY “TELL” REGARDING A CHANGE IN VALUE. LAST YEAR AND SUBSEQUENT YEARS…BY OCTOBER THEY USUALLY HAVE NEXT YEARS BUDGET INTRODUCED, IF NOT AGREED UPON…HOWEVER, THIS YEAR WE DIDN’T HEAR /SEE IN THE PRESS CONSTANT ARGUMENTS AND FAILURES TO AGREE…SO THAT’S VERY GOOD.
9-18-2015 Newshound Guru Chattels “MARKET RATE 1228 – GEESH!!” …NOT THE DIRECTION ON THE MARKET PRICE THAT WE WANT. I HOPE THAT I AM WRONG BECAUSE I AM HEAVILY INVESTED AND WILL CONTINUE TO HOLD WHAT I HAVE, BUT THE NOTION THAT OUR LIQUIDITY EVENT IS IMMINENT IS HIGHLY UNLIKELY, IMO. I DO BELIEVE IN MIRACLES, BUT THAT IS WHAT IT WILL TAKE IN THE NEAR(ER) TERM FOR IRAQ AND US, IMO.
9-18-2015 Newshound Guru Kaperoni Article quote: “So fund managers say that Iraq will not find buyers for its bonds only if you pay very high returns.” I think they mean investors feel that these bonds are to risky unless they make it worth their while..which is a high rate of return. We will find out soon as a group from Iraq is on their way to the US to try and push these bonds… Quote: “Iraq and systems to promote meetings for investors in London on Thursday and Friday is due to this activity moves to New York, Boston and Los Angeles this week.”
9-17-2015 Newshound Guru Breitling The HCL has nothing to do with what we need to look at. It’s not going to push anything forward or anything like that. The HCL has to do with the country federalizing and what they are going to do with oil.
9-17-20-15 Newshound Guru Millionday Article quote: “The House of Representatives has held its day of the vote and the reading of a number of draft laws regarding been postponed hosted by Chairman Minister Haider al-Abadi until after the Eid holiday” SO MANY READY AND IN PLACE FOR VOTE ALL AT ONCE — I LOVE IT. SO AFTER EID WOULD LOOK LIKE MONDAY…WED WOULD BE 30TH.
9-17-2015 Newshound Guru sczin11 WITHOUT AN INCREASE IN PURCHASING POWER, THE GROWTH OF THE IRAQI ECONOMY WILL NOT HAPPEN…AN INCREASE IN PURCHASING POWER CAN ONLY HAPPEN WITH AN INCREASE IN THE VALUE OF THE EXCHANGE RATE OF THE IRAQI DINAR AGAINST ALL CURRENCIES IN THE WORLD THEY IMPORT FROM…THE INTERNATIONAL COMMUNITY IS AND HAS BEEN INVOLVED…THEY ARE AS ANXIOUS AS WE ARE… WITH A “GOOD CLEAN UP”, IF IRAQ CAN SURVIVE THE CURRENT CONDITIONS, AS IT APPEARS THEY ARE DOING, IT IS ONLY A MATTER OF TIME, BEFORE THEY RISE TO LEVELS ONE CAN NOT COMPREHEND…FINANCIALLY THAT IS! THIS IS NOT LIKE BUYING A LOTTERY TICKET, WITH A HOPE AND A DREAM! THIS IS LIKE TRYING TO GET A MORTGAGE IN A RECESSION…THE BAIL OUT PROGRAM IS IN THE WORKS…
9-17-2015 Newshound Guru Adam Montana [The HCL: Any chance of that being resolved before Dec.?] HCL – yes, I do have high hopes for pre-December! [how confident do you feel that an RV may happen before the end of the year?] Provided the HCL goes through, I am optimistic. On a scale of 1-10: Cake.
9-17-2015 Newshound Guru Breitling … it should have been here…we don’t know. What’s going on…what’s the problem? There is no problem, it’s a process. Who knows what it is they’re looking at. We don’t know. That’s a HUGE advantage for Iraq…it’s a huge plus. The way they are managing the rebuild of their country, they are doing it right…they have no control over the political and religious influence one way or the other but they definitely have control over the value of their currency so they can add more value to it and that is exactly what they are doing.
9-16-2015 Newshound/Intel Guru BGG […is MALIKI and his cronies gone…no one knows that if the WB and IMF got what they needed before Oct 1…?] Maliki is not gone (yet) – he is struggling to remain… The WB and IMF (as I understand it) got their deadline met… which further opens the door for MR [Monetary Reform]. on a related note – the auction for the day [Wednesday] goes one step further than yesterday – same $$ amount – spread out over 42 VARIOUS MONETARY OUTLETS!! WOW!! so it would appear the beginning stages of Abadi’s reforms are starting to take hold.
9-17-2015 Newshound Guru Millionday THEY ARE RELEASING DOMESTIC BONDS IN IRAQ OCT 1ST WITH A REGULATION IN PLACE IN IRAQ THAT ONLY DINAR IS USED AS THEIR CURRENCY — BACKED BY THE USD AND SOLD ON THEIR MARKET …WHOOPOW.