Iraqi Dinar Guru opinions 10-15-15
Iraqi Dinar Guru opinions 10-15-15
10-15-2015 Intel/Newshound Guru tman23 “…23rd session of the first legislative term…to postpone the vote on the draft second amendment bill to the Investment Law…until after the Eid al-Adha holiday…” This Investment Law is not just needed but required for foreign investment to begin deposits in Iraq…It was a condition of the European Union… Iraq desperate for investment…WHY THE DELAY? Parliament does not understand the Federal Government delaying 50 bills that have been read 2 times…The Investment Law was read 2 times… Why not pass it and post it as law but do not implement it same as they have on tariffs… IMO The delay is 3 zeros!
10-15-2015 Newshound Guru wmawhite Reference Guru Millionday post: “10-14-2015 Newshound Guru Millionday Press report quote: “The Council of Ministers endorsed the reforms presented by Prime Minister Dr. pack. Haider al-Abadi, backed by vote of the House of Representatives unanimously” THE VOTE OF ECONOMIC REFORM LEGISLATION IN ITS ENTIRETY…” I do not believe that these folks are going through all of this NOT to activate these reforms. the other part of this is that the GOI/Parliament are being taken by the hand and walked through this process. All of these people have never lived in Iraq when they have needed monetary reform…the folks in the goi/parliament were just kids as far back as Sadaam and he determined all policy…nor the need to have foreign investors invest in Iraq. They have never had the need until now…well, figure it out…they have never had the knowledge has to how to draft such laws. This is why we are seeing these amendments being introduced into these laws at the last minute…they are being guided by folks outside of Iraq.
10-15-2015 Newshound Guru wmawhite Also, this new investment laws actually started four years ago when Iraq hosted a huge seminar in London…100s of investors attended and gave recommendation to the GOI as to what would be needed in order for them to invest in Iraq…those countries, business, etc. that are helping Iraq with the drafting of these laws are doing it because of their interest in Iraq and its future. The gulf region is naturally interested in doing business with Iraq…however, Western Europe as well as Russia understand how critical it is for Iraq to be successful in these reforms because they are now seeing first hand the effects of the area being unstable.
10-15-2015 Newshound Guru Adam Montana [Do you have any sources that give us any optimism that, at the least, HCL related laws will make it to a parliamentary vote this year?] I don’t believe we are going to get that kind of warning. I think when the HCL goes through, it’s going to happen fast for a few important reasons. 1. It will eliminate any attempts by either side to sabotage it. They will probably put a fair agreement on the table (that neither side will be completely happy with), and pass it. 2. It will prevent a huge speculation run on the Dinar. …there are extremely smart and wealthy investors out there who will pounce on this deal the minute they get wind that an HCL/RV is coming… so it’s going to be in Iraq’s best interest to push through both the HCL and an increase in the value very fast… so fast that the BIG money investors won’t be able to get their hands on tens or hundreds of millions of dinar at the pre-RV rate. I am so strong on that opinion that it’s my opinion we won’t have any warning at all…
10-15-2015 Newshound Guru Aggiedad77 Well after taking a quick peek at the news this morning that has surfaced so far…it sounds good to me…the Investment Law headed to a vote on Monday it sounds like…more talk on the budget for 2016…
10-14-2015 Intel Guru Frank26 …the initials ADRS…actually stand for three people, three movers and shakers within Iraq…PM Abadi…Dr. Shabibi and…Ayatollah Sistani…the leading cleric of all of Iraq. These three gentlemen have a commonality in their voices…they stand in congruent agreement concerning what is needed in Iraq and with their commitment towards the future of Iraq the words they speak are so very time sensitive. Fear is what causes things in Iraq to move and get accomplished. Previously, with the old government it was fear of Maliki…However today, the fear is really a countrywide respect for their Holy Man, the Ayatollah Sistani. The Holy Man, Sistani, is expecting 1, 2, 3 and yes 4 …this is what he is asking of both PM Abadi and Dr. Shabibi…#1. Are the laws passed and ready to be published; #2. Are the LD’s ready; 3. Dr. Shabibi are you sure you are ready to step up again…and #4. Dr. Shabibi I have proved the FATWA, are you ready and have the head nod from the IMF for whatever rate you believe is right…these are his EXPECTANCIES. These three are in cahoots with each other, one voice, one accord…all three are talking to the people. They…are EXPECTING something and they EXPECT it this year…yes THIS YEAR.
10-14-2015 Newshound Guru Millionday Article quote: “The budget of 2015 free of the fiscal deficit, but achieve financial abundance is estimated at 500 billion dinars” SO THE 2015 BUDGET IS SHOWING FINANCIAL ABUNDANCE OF EST 500 BILLION DINARS. THINGS THAT MAKE YOU GO HMMMMMM
10-14-2015 Intel Guru SteveI …there have been many unexpected events pop up over the past year and one never knows if anything else could slow it down. From our sources, there is not a whole lot more to get in the way of the end result. Progress is being made despite what you read and hear. There has been so much misdirection regarding information that one does question this investment, but for those that have great contacts actually here in the US and in Iraq, I like where we are and where they are going…not at the speed we all wanted, but this is not about us, but rather the rebuilding of an entire country. Apparently not as easy as it looks as we are looking for [from?] the outside in.
10-14-2015 Newshound Guru Millionday YESTERDAY THE UN ANNOUNCED THEY ARE BACKING THE REFORM PACKAGES OF IRAQ AND THE WORLD BANK AND IMF HAVE ALSO ENDORCED THE REFORM PACKAGES — THE COUNTRY IS NOT ABLE TO JUST SIT AND WAIT FOR PEACE — THEY HAVE TO SAVE THEIR ECONOMY IMO.
10-14-2015 Intel/Newshound Guru Backdoc THINGS ARE STARTING TO HEAT UP! I LOVE THE CULMINATING EVENTS. EARNING SEASON SHOULD PROVIDE MANY MORE SURPRISES! SOMEWHERE IN THIS NEWS FRENZY AND CRASH WE SHOULD SEE THE RATE SHOW UP!
10-14-2015 RUMOR Guru Mnt Goat We are hearing that finally Iraq and the coalition forces are making great progress fighting ISIS. They do not tell us everything but one thing we know for sure is the goal is NOT to let ISIS DAASH reoccupy any ground already taken. As you know in the past once an area was cleared, ISIS simply worked around and out flanking the Iraqi and Qud forces reoccupying the area. This time this will not work. They are boxing them in and either they surrender or experience their final fate of death. This is all good news and what we need to hear. Another notch on our to-do list thus closer to the needed security stability as needed for the currency reforms.
10-14-2015 Newshound Guru Aggiedad77 Well this is a week of numbers… remember what they are? One, Two, Three, and Four…1). Make public the LAWS; 2). Watch for the LD’s (50’s and 100’s) some are in Iraq, others are coming; 3). Date Dr. Shabibi to announce his return to the CBI; and 4). Dr. S receives the FATWA from the Iraqi cleric and yet another green light from the IMF to move things to a level of his choice.
10-14-2015 Newshound Guru Backdoc WITH LAWS COMING TO CONCLUSION IN IRAQ AND IMPLEMENTATION IS ABOUT BEGIN, WE SHOULD BE VERY HOPEFUL! VERY INTERESTING TO SEE IRAQ’S BUDGET FINALLY COMING UP FOR AIR! SOON THAT NEW FRESH AIR SHOULD BE BLOWN AROUND THE WORLD.