Iraqi Dinar Guru opinions 10-13-15
Iraqi Dinar Guru opinions 10-13-15
10-13-2015 Newshound Guru firefly Article quote: “Iraq has halted its plan to issue international bonds because the yield it would have to pay on the debt was too high…” Who the heck would buy International Bonds at 1085…Not going to happen! The World Bank said in July it would provide Iraq with loans totaling $1.7 billion, while the International Monetary Fund agreed this year on an $833 million loan program. I would rather see the WB, IMF and UN GUIDING the Government than giving them money! IMO the loans are history.
10-13-2015 Newshound Guru mike Article: “Saleh supports the non-issuance of international bonds” Saleh was all for the bonds until he found out what the rate was going to be, since then, not so much. Who can blame them? Here’s hoping they’re in a corner and realize they need to get their economy opened up and the dinar with some value.
10-13-2015 Newshound Guru wmawhite …at any one time there are hundreds of bonds being marketed by countries. If Iraq wanted to up the interest there would have been buyer. Good for them choosing to pull the bonds. Remember, a bonds is the same as a loan…the issuer of the bond is borrowing money and if someone doesn’t want to loan you money is not an indication they do not want to invest in you. Instead, it is a business decision on their part.
10-13-2015 Newshound Guru Millionday [smart cards being used?] SMART CARDS ARE BEING DELIVERED AND THEY ARE WAITING FOR LOADING. MANY HAVE THEM IN HAND.
10-13-2015 Intel Guru Hub there is not insufficient investment interest, there is no intrest in worthless bonds…they need to come up with a value to their currency for people to want to invest in the richest oil country in the world. why would iraq need to sell bonds or borrow money to support their budget. the imf told them no way, stand on your…feet…
10-13-2015 Newshound Guru Millionday [Do you think with IMF or WB not giving the loan.. Iraq and US will be forced to pull the trigger…?] THE WORLD BANK AGREED YESTERDAY TO GIVE IRAQ ASSISTANCE FOR DEVELOPMENT ETC. MANY HAVE HAD A HARD TIME WITH A “NO FOR A LOAN” FROM THE WORLD BANK BUT — THEY AGREED TO ASSIST THEM WITH FUNDING GRANTS — THIS IS BETTER. KNOW THE MANY THINGS THAT THE WORLD BANK WILL ASSIST WITH AS WELL — CBI IS OVER BANKS NOW AND THEY ARE ACTIVELY HEAD OF THE BANKING REFORM…SO HELP FROM THE WORLD BANK IS HUGE.
10-12-2015 Newshound Guru Millionday […is there something else they need to get done?] IN GOVERNMENT TERMS THEY ARE GETTING THINGS DONE IN LIGHTENING SPEED. IMO — THEY NEED TO ENACT LAWS AND ACTIVATE ALL REFORMS AS ONE. [ Does that affect RV?] IT IMPACTS THE ENTIRE PREPARATION FOR THE NEW IRAQ IMO — THE FEDERAL COURT BEING SO CLOSE TO DONE IS HUGE IN THE DEMOCRATIC POSITION IRAQ HAS TAKEN AND ALSO THE NATIONAL RECONCILIATION.
10-12-2015 Newshound Guru mike Article: “Central Bank extends the sale of bonds for the benefit of the Ministry of Finance one month” Isn’t this the second or third time they’ve extended this “offer” to the Iraqi people? It don’t look to me like there’s very much interest in the domestic bonds either.
10-12-2015 RUMOR Guru Mnt Goat I will say I believe we may be heading for another good opportunity for a window to RV coming up in the later part of October/early November if all goes well accordingly…IF, and only IF Iraq can accomplish their goals they will be inline to RV. We simply had to wait for the events to unfold that are required to bring the political stability, physical security and the economic stability needed for this RV event to occur. The pressure is on the Abadi government to set a timeframe and not let this go on forever, which seems to be the case sometimes.
10-12-2015 RUMOR Guru Mnt Goat I believe when we see the accountability and justice law we will see these corrupt government officials be prosecuted at all levels and at warp speed. These trials should not take long since in most cases the evidence is overwhelming. I also believe this will lead to less disruption in getting the remainder of the needed reforms completed and thus a window for an RV. It is all going to come to a beautiful conclusion all of a sudden and shortly.