Iraqi Dinar Guru opinions 10-25-15
Iraqi Dinar Guru opinions 10-25-15
10-25-2015 Newshound Guru Millionday Article quote: “President of the Republic Fuad Masum, confirmed in a letter each to the Secretary-General of the United Nations Ban Ki-moon design on the completion of a comprehensive national reconciliation in Iraq exclude terrorists.” THE LETTER CONFIRMED COMPLETION OF NATIONAL RECONCILIATION IN IRAQ. [ When will they have this meeting and is it necessary before the RV to happen?] I HAVE NOT SEEN IN INK A VERIFIED SCHEDULE FOR THE NATIONAL RECONCILIATION — I HAVE NOT SEEN ANY INK ON THE SUBJECT OF IRAQ GOING TO A MARKET ECONOMY BEFORE OR AFTER THE CONFERENCE — MY PERSONAL OPINION IS THAT IRAQ WILL GO TO THE GLOBAL MARKET BEFORE THE NATIONAL RECONCILIATION CONFERENCE BUT NEED TO HAVE IT IN INK FOR IT TO BE MORE THAN MY OWN OPINION. [ So it’s not mandatory for a RV to happen?] I DO NOT KNOW IF THEY HAVE DECIDED IT IS MANDATORY…NO INK ON IT.
10-25-2015 Intel/Newshound Guru Poppy3 was just reassured today FROM…A INTERNATIONAL TRADE BROKER AND HE INSISTS THAT THE CBI WILL HAVE TO PROVIDE A INTERNATIONAL RATE BEFORE ANY LOAN FROM THE IMF OR WORLD BANK WILL DISBURSE FUNDS…THAT IRAQ’S CURRENCY WILL HAVE TO HAVE A INTERNATIONAL ACCEPTED RATE AND IT WILL HAVE TO HAPPEN PRIOR TO THE JAN 1 IF THE LOANS ARE TO START THEN IN 2016. WE SHALL SEE IF THEY ARE JUST FLAPPING THEIR LIPS OR IF THEY ARE REALLY FAR ENOUGH ALONG AS WE THINK.
10-25-2015 Newshound Guru OOTW THERE IS SOME VERY GOOD FORWARD MOVEMENT GOING ON AT THE MINISTRY OF TRANSPORT’S SITE. WE’VE SEEN SEVERAL ARTICLES STATING THAT IRAQ HAS SIGNED AGREEMENTS WITH THE ARAB TRADE COMMISSION. FROM THE PRESS RELEASES, IT SEEMS THAT THE BEGINNING OF WHAT WILL BRANCH OUT TO BE WORLD-WIDE, RE IRAQI TRADE, WILL BE STARTING WITH INTER-ARAB COUNTRY TRADE MOVEMENTS/AGREEMENTS. IT’S A VERY GOOD INTRODUCTION BACK INTO WORLD TRADE FOR IRAQ. THIS IS JUST ONE OF MANY THINGS WE WANT TO SEE HAPPEN.
10-25-2015 Newshound Guru Millionday THE FISCAL YEAR STARTS OCT 1ST — THE CALENDER YEAR IS THE SAME AS OUR CALENDAR YEAR. THE FISCAL YEAR IS WHAT INCLUDES ALL ECONOMIC ACTIVITY SO THIS IS AN EXCITING TIME WITH THE 2016 BUDGET DONE AND IN PARL –AND OF COURSE SO MANY OTHER THINGS TOO.
10-24-2015 Intel/Newshound Guru tman23 The reason the 50 note was pulled is the CBI is going to lift the 3 zeros…A 5000 note will become 50. Make no mistake they are going to lift the 3 zeros from the nominal value of the currency. So the value with lifting the 3 zeros would be as such…a 25,000 note is .00086 or $21.50 usd…lifting the zeros the note is 25 at .86 and equal to $21.50 usd. Now to go to 56 cents is a 30 cent devaluation and a 25 BECOMES $14.00 usd (a loss of $7.50). The argument is…They are not going to take away the 3 zeros from the currency…BUT the fact is they are! They will! AND they have said as much in ink. BUT…
10-24-2015 Intel/Newshound Guru tman23 The new currency must come first as a prelude to the removal of the 3 zeros. So the 25k notes and three zero notes will see a value because the lower denoms will be out…but the new currency with the new value will be only a short time before they lift the 3 zero accounting off 3 zero notes. The governments supporting this will never allow this value of money to be floating around for long. It requires a short exchange window time period. WE know they are eliminating corruption and accounting in the trillions with adding 3 zeros makes it easier. They are going to lift the 3 zeros and need to do so before/start of 2016. And by the salary ladder they have announced…it works to values around $2.66 per dinar. That being said: In what world does 10 cents or 56 cents work on new currency without 3 zeros.
10-24-2015 Intel/Newshound Guru tman23 The hype about what the IMF says is being read through IQD speculator goggles…the IMF will never give a hint to more value coming to currency…AND it appears that even political groups in Iraq don’t have a clue as they demonstrate over the new salary ladder. Watch the retirement pay scale adjustment. The Iraq citizen in the USA getting 1 million IQD per month on QI card…the adjustment coming to around 325 thousand IQD..which when exchanged equals the same $860 usd (if valued at $2.66)…this is why the salary ladder and retirement law and rescaling of payments is so positive that change is coming in the value.
10-24-2015 Intel Guru Frank26 MR [Monetary Reform] into 2016 with RI/RV before the end of the year. Their MR pace will be the fastest in IMF history…IMO.
10-24-2015 RUMOR Guru Mnt Goat …Iraq is resolving their corruption and terrorist issues, but this is the stage Iraq is in right now. It has taken some time but it is sure progress. Maliki and his goons and the Iranian influence must be out of politics completely and safely neutralized or no RV…the USA and UN’s process not mine. This stance has not changed a bit. Iraq must have their National Unification (or Reconciliation) Conference before any RV. It is not even scheduled until late December early Jan. Banking and Investment strategies must be deployed or NO RV. Includes the Investment law and the new banking practices. All eyes are watching for the Investment law to be passed in parliament this coming week. Can we expect to see an RV soon? No! I can tell you with all my heart and soul there will be NO RV until at least December or early January 2016…this is only a possible timeframe that seems to me and others could be feasible.