Iraqi Dinar Guru opinions 9-21-15
Iraqi Dinar Guru opinions 9-21-15
9-21-2015 Newshound Guru sczin11 THE “WORLD” IS MORE INTERESTED IN THE IQD BECOMING INTERNATIONALLY RECOGNIZED, TRADEABLE, AND EXCHANGEABLE, WITH LIMITED FEES, AND CORRUPTION…THAT WILL, AND SHOULD BE THE GOAL WE ARE SEEKING… THEN THE MARKET, SUPPLY AND DEMAND, GDP, ECONOMIC CONDITIONS AND GROWTH, WILL PLAY IMPORTANT ROLES IN THE ULTIMATE LEVEL OF VALUES…JMHO.
9-21-2015 Newshound Guru Kaperoni Article: “A member of the parliamentary Economics expects improved financial policy for Iraq in 2016″ Quote: “indicating that” policies that have drawn will lead to improvement in the financial situation of Iraq in the sixth month of the year 2016 “. This is an interesting article because [it implies] what we have been saying for a while that once they let out the 50k note (end of this year), about mid 2016 they will be in a position to begin to float…
9-21-2015 Intel/Newshound Guru tman23 Opinion piece from 2012…”the monetary authority would still face the tough mission of determining the Iraqi dinar’s exchange rate. Will it peg the dinar to the dollar, or to a basket of currencies? Or will the authority employ [floating exchange rates] – the current system – leaving the dinar’s value to be determined by market forces…” Iraq has operated a parallel exchange rate…one that is floating in the market…and a fixed rate of 1166 that the CBI operates on for imports. So Kap [Guru Kaperoni] saying floating exchange rates is nothing new simply because it has been floating on the streets for years now…BUT as the author noted…the best solution is to peg it to the dollar or a basket of currencies. The history of developing countries is to peg…many studies have proven that “investors” do not the risk of a floating currency in a developing country…and that would be Iraq in it’s infancy of opening a new economy, a new government finding it’s foothold, and a military striving for competence.
9-21-2015 Newshound Guru Millionday Article quote: “President of the Republic Fuad Masum, the detection of the completion of the project of reconciliation in the country poses after Eid al-Adha.” FINALLY A TIMELINE FROM MASUM… ACCORDING TO WHAT I HAVE READ THE RECONCILIATION IS PLANNED AND BEING PROMOTED TO TAKE PLACE AFTER THE EID FEAST ON THE 27TH –HE IS STATING THAT THEY WILL NOT RESOLVE TERRORISM WITHOUT NATIONAL RECONCILIATION. THIS IS HUGE, HUGE TO BE PROMOTING THE NATIONAL RECONCILIATION CONFERENCE.
9-21-2015 Intel/Newshound Guru Backdoc SOME IN DINARLAND HAVE EXPRESSED CONCERN THAT IRAQ WILL…DEVALUE ITS CURRENCY. IMO, IT IS IRRELEVANT WHETHER IRAQ DECREASES ITS VALUE IN THE SHORT TERM AS OTHER COUNTRIES HAVE DONE. THAT TEMPORARY ISSUE HAS NOTHING TO DO WITH THE MONETARY REFORM! PERSONALLY, I HAVE NEVER BEEN MORE ENCOURAGED ABOUT THE DINAR, AS WELL AS SEVERAL OTHER CURRENCIES I HOLD! THIS COMING WEEK SHOULD REALLY RAMP THINGS UP IN A NUMBER OF WAYS. IRAQ APPEARS TO BE CONCLUDING THE LONG AWAITED LAWS IN PREPARATION OF A RATE CHANGE!
9-20-2015 Intel/Newshound Guru Poppy3 The other part of this plan was introduced to the world as Basel Accord, by George W. Bush in 2006 when he first introduced the idea of changes to world wide banking policy. This was a very good idea in my opinion. THIS WAS JUST AFTER GWB WAS CONVINCED BY ALLEN GREENSPAN AND DICK CHENEY CONVINCED HIM THE REVAL OF THE DINAR AND PRE-NEGOTIATED RATE FOR THE US TO BUY OIL FROM THEM WILL ALLOW THE AMERICAN TAX PAYER NEVER HAVE TO PAY FOR THE WAR IN IRAQ AND CONVINCED HIM TO SIGN INTO LAW 13303 SO THE PUBLIC AND CORPORATION IN AMERICA COULD BUY DINAR. ( HE TOLD THE PUBLIC THIS SEVERAL TIMES).
9-20-2015 Intel/Newshound Guru Poppy3 Basel III (or the Third Basel Accord) is a global, voluntary regulatory framework on bank capital adequacy, stress testing and market liquidity risk…many guru’s try to imply that basel has to be met for the new rate. NOT TRUE AT ALL. ANOTHER BIG MISCONCEPTION IS THE GCR OR GLOBAL CURRENCY RESET… ABSOLUTELY A MADE UP EVENT. NEVER HAPPEN…EVEN CHRISTINE LAGARD STATED THERE IS NO SUCH TERM EVER USED AT WHAT THE IMF DOES. SHE STATED SEVERAL CURRENCIES (PRIMARILY M E COUNTRIES THAT TRADE WITH IRAQ WILL POSSIBLY NEED TO ADJUST THEIR CURRENCIES UP OR DOWN TO MAINTAIN FAIR TRADE VALUES.
9-20-2015 Newshound/Intel Guru BGG Article quotes: “…announced Rafidain Bank on the use of cards ironing Card and MasterCard in employees and retirees pay the salaries. “adding that “retirees who are abroad now can receive and withdraw their salaries from any ATM in any country It is in it.” …it appears retirees can use their cards anywhere in the world – likely because of the MasterCard deal. I doubt it automatically guarantees an “internationl rate”…it appears the deal with MC allows them access.
9-20-2015 Intel/Newshound Guru Eagle1 News out of Iraq…we have a report that Iraq passed the Anti-Terriorist Law and the Finance Responsibility Law…passed that, and that wiped out a whole fistful of laws Maliki had on the the books that allowed him and his cronies to steal big time from the government. The International Investment Law was tabled until next Monday, the 21st. Whether they take the vote or bump it out a few days, no one knows, but what makes this law significant is the law has no teeth if we don’t have an RV, or a raise in value so that it is at least on par with the U.S. dollar where it’s got some worth to it. If they don’t make the dinar at least on par to the U.S. dollar than this Investment Law really makes no sense. If they pass that law you can expect to see an RV.