Iraqi Dinar Guru opinions 10-20-15
Iraqi Dinar Guru opinions 10-20-15
10-20-2015 Intel Guru Frank26 You know that Dr. Shabibi has the green light. Do you think that Iraq is slowing down the monetary reform? No! Iraq is stepping on the gas. The bad guys that once controlled the GOICBI are gone. …the investment law was delayed, postponed…if you want to believe that…that is your business. But, deep in my heart they are waiting in a top-drawer waiting to be released when Dr. Shabibi is at the helm of the CBI. You don’t need an Investment Law unless you are EXPECTING something to happen. Investment Law is for who? Investors who want to come into Iraq. YOU are in investor in Iraq – without going into Iraq. That is why this is so important. I believe that the Investment Law may bring forth the HCL. We must see the LAWS…the LOWER DENOMS…then Dr. SHABIBI. IMO – the laws are passed they are just waiting for them to raise the value of their currency…All of the “old-timers” will remember…in the still of the night…
10-20-2015 Intel Guru Delta I want to talk to you about the article that I posted back on the 16th of October. The economist is talking about the economic crisis in Iraq – and offers his opinion of how to get over the crisis. He claims that in the beginning of 2016, Iraq needs to make some changes to avoid some problems. So many events led to the crisis — (ISIS, corruption, oil prices). He said that Iraq needs to boost the private sector and agriculture. He said the solution (…coming very soon) …the very most important solution would be for the government to reevaluate the Iraqi Dinar.
10-20-2015 Intel Guru Delta The CBI – they are spending 5 Billion Dollars a month to give to the Iraqi banks – (to defend the Iraqi Dinar). Reserves…he said that only…about 55 Billion left-over…which means by the middle of next year, they will run out of reserves. So what happens then? Iraq would collapse. The revaluation of the Iraqi Dinar will fix a lot of problems. For us, this appears to be good news because everyone is telling Iraq that they need to revalue at a very good rate to help out with the current situation. The nation of Iraq will collapse if they don’t do something before the end of the year…maybe even November 21st you might see something. Abadi knows that the economy will collapse without it. This is 100% fact! …they have no choice and they really are out of time…the authors of the plan will lose. This is very, very important. They know what they need to do. I believe before the end of the year they MUST do something!
10-20-2015 RUMOR Guru Mnt Goat I can tell you with all my heart and soul there will be NO RV until at least early January 2016. Again I will say this is only if Iraq can meet and fulfill its promises as part of the future process and plans for Iraq. Can they maybe accomplish their commitments prior? I do not have much faith in them as long as the Maliki syndrome is still present. It is part of the legislative bottleneck. We are definitely now on track for an early 2016 opportunity.
10-20-2015 Newshound Guru Millionday [Are their more amendments to this investment law? Will they do them all or drag it out one by one?] THEY HAVE STATED IT WILL GO THROUGH AS ONE LAW — WHICH LEADS ME TO BELIEVE BY WHAT I HAVE READ — THEY HAD THESE TWO AMENDMENTS TO GO OVER/CHANGE — THEY ARE ALREADY PROMOTING THEIR INVESTMENT LAW AS A HUGE BONUS FOR INVESTORS.
10-20-2015 Newshound Guru Kaperoni I hope your wrong [Guru] Mike, as I see the news media has reported such on a few sites. But the parliament website itself has not. The official press statement from the parliament website is clear…next session. And the next session is tomorrow (20th). And I would hope that the parliament site would have the most accurate information.
10-19-2015 Newshound Guru Millionday I HAVE BEEN WORKING ON THE INVESTMENT LAW VERIFICATION. THERE HAVE BEEN MANY REPORTS STATING DIFFERENT RESULTS CONCERNING THE INVESTMENT LAW — STARTING YESTERDAY THROUGH TODAY. IMO IT IS NOT PASSED AND THEY WILL MEET TOMORROW ON THE AGREED UPON AMENDMENTS…BUT NO GUARANTEES —THIS IS IRAQ.
10-19-2015 Intel/Newshound Guru Poppy3 Haider Al-Abadi on Twitter: “Important breakthrough today as the Council of Ministers approves the proposed federal budget for 2016″ MOVEMENT IN IRAQ ALL IN OUR FAVOR AND MOVING IN A DESPERATE RATE…LIKE VOTES TODAY THAT WHERE PREVIOUSLY SCHEDULED FOR TOMORROW. EVER SEE THEM DO THINGS FASTER THAN SCHEDULED? NEVER BEFORE TODAY! ABADI OPENED GREEN ZONE LAST WEEK AND THE PUBLIC IS FREE TO BE ANYWHERE. THEN YESTERDAY HE LIFTED ALL EXTRA SECURITY POLICE AND WENT BACK TO STANDARD COVERAGE. BANKS THERE ARE ALL OPEN AND DOING BUSINESS WITH THE PUBLIC. BANKS THERE ARE ALSO ANXIOUS ALONG WITH RETAILERS TO SEE MORE BUYING POWER THEY HAVE BEEN PROMISED FOR YEARS NOW. WE ALL WANT THE SAME THING AND ABADI IS DOING ALL HE CAN TO POSITION THEIR COUNTRY FOR GREATNESS. WE ARE GETTING CLOSER EVERYDAY.
10-19-2015 Newshound Guru mike Respectfully, I believe Parliament is raised until next week: Quote: “It raised the presidency of the Iraqi Council of Representatives, on Monday, the 31 of the first legislative term of the second legislative year to the meeting on Tuesday of next week, (October 27, 2015)…” Today’s vote, from what I can tell, was a vote to amend the law and send it back to committee. I don’t think we’ll see the investment law until next week, if they get to it then. I believe they’re going to continue to meet and discuss security as well as the amendments to the Investment Laws, but I don’t believe Parliament will be in session. I guess we’ll know for sure tomorrow.
10-19-2015 Newshound Guru wmawhite the Investment Law is about “investments”…the change in the value of the IQD is totally related to the exchange rate of the IQD relative to other currencies. Such as: IQD to GBP, or IQD to EUR, etc. All of these laws are need for the future because that is when these investors will arrive. RI/RV is for the present …Laws are the future.
10-19-2015 Newshound Guru Kaperoni Article quote: “The Council proceeded to vote on the draft second amendment bill to the Investment Law…” There is nothing negative to take away from today’s session. They started to read the Investment Law again as stated and their were some further “constraint” concerns which are being amended. The best part is this…For his part, Mr. al-Jubouri said the completion of the vote on the bill in the next session. Quote: “Then it decided to adjourn the meeting to next Tuesday 10/20/2015″. So we see ya tomorrow!
10-19-2015 Newshound Guru firefly Investment Law is for the protection of foreign investors. Not directly related to any change of currency. The Investment Law is meant to draw in Investors and confidence that their money will be safe…it is huge but NOT needed for any change of value to their currency. Required? No. Needed? Yes.
10-19-2015 Intel/Newshound Guru Poppy3 all the laws are positive but are not for immediate investments in iraq. THEY OPEN THE DOOR FOR FUTURE INVESTMENTS AND GROWTH OF THEIR ECONOMY. GETTING THESE OUT OF THE WAY DOES SHOW THE IMF / WORLD BANK AND UNITED NATIONS THEY ARE SERIOUSLY GETTING IN POSITION FOR BETTER CREDIT RATING AND BECOMING A FULL MEMBER OF THE WTO. THIS IS VERY ENCOURAGING…THE RATE HAS TO BE IN OUR NEAR FUTURE.