Iraqi Dinar Guru opinions 10-30-15
Iraqi Dinar Guru opinions 10-30-15
10-30-2015 Newshound Guru wmawhite …what is the CBI telling the world when it is in the process of using its gold reserves to purchase its currency from the citizens of Iraq? …the CBI owns the IQD…why would they want to buy it back? …unless they have plans to do what? A person buys an under valued stock NOT if he/she believes it will go down in value…instead, you buy it believing it will go up in value. The difference here is that the CBI is the issuer of the stock…the IQD…they CONTROL its value and here they are wanting it back. IMO, we are watching the end of the process to reduce the note count…using gold is the one tactic that will get the rest of it in.
10-30-2015 Newshound Guru rcookie Article quote: “Zamili called on former Prime Minister Nuri al-Maliki to “give himself up to the judiciary to show Are innocent or guilty,” returned Mosul report “as significant and should not leave it.” ROCK THE CASBAH! MALIKI IS TOAST! JUST TIMING. ZAMILI CALLING FOR MALIKI TO GIVE HIMSELF UP TO THE JUDICIARY! 175 PAGE FALL OF MOSUL REPORT OF DOCUMENTS, TESTIMONY & PHOTOGRAPHS AND EVIDENCE THAT CANNOT BE “GLOSSED” OR IGNORED…ALREADY IN HANDS OF INTEGRITY…JUDICIAL COUNCIL..AND MULTIPLE COURTS. BYE BYE NOURI!
10-30-2015 Newshound Guru Millionday I THINK THEY ARE FURTHER ALONG THAN THEY HAVE REPORTED AS WE THOUGHT — SUNDAY THEY MET AND APPROVED REFORMS AND TUESDAY MET AND APPROVED IMPORTANT LAWS — MALIKI LOST POWER A YEAR AGO — AND THEY ARE HOOKED TO WTO DATA SYSTEM AFTER RECENT WORK SHOP ON TARIFF — TO MAKE ENTRY FOR FOREIGN INVESTORS EASY — WHOOOPOW.
10-30-2015 Newshound Guru Chattels Saturday will finish the month of October and no word on the budget or the Kurdish delegation in Baghdad. We will likely spend the month of November talking about the budget. My understanding under the Parliamentary rules is that the budget is ” required ” to be completed in the next 30 days with the continuation of Parliament. If so then the budget passage will be two months ahead of last year.
10-30-2015 Newshound Guru Adam Montana [Concerning Iraqi bond offering. If I understand correctly, Iraq has removed this offering because of lack of interest from the international community. If there is a lack of interest for bonds, how can IQD new value will be sustained?] Did Iraq drop the bond offering due to lack of interest? Or did they never plan on fulfilling it, but wanted to see if there was interest? MY sources feel that there was plenty of interest, but in fact they never intended to sell. They were just testing the waters. Whether that is the case or not remains to be seen… and I think we will know the answer after the HCL and RV is announced, because that’s when Iraq will show their cards.
10-29-2015 Newshound Guru Shredd Article quote: “Abadi continued that “the current currency includes forged categories but simple numbers will not pose a threat.” This is the golden nugget folks. “Simple numbers” refers to lower denominations which cannot be released without a rate at or above 1 to 1. If the CBI agrees to this timing, we can expect a par rate by the first of next year. Time will tell!
10-29-2015 Newshound Guru Kaperoni Article quote: “Confirmed member of the House of Representatives Abdul-Salam al-Maliki that the plans laid down by the state in connection with the processors need more than being a cash transaction process…” It is clear, that despite what many think, the dinar does not rise or appreciate overnight (prosthesis solutions). Their is no overnight flip of a switch or event. IMO, he is clearly stating that the goal is the raise the value, and issue a new currency, but it takes time as they must put the processes and measures in place to create the environment to do so. That means passing laws, stabilizing the dinar, creating the environment for investors, etc. In other words, the dinar will appreciate based on sound financial and economic principles. The end result will be good and worth waiting for.
10-29-2015 Newshound Guru Kaperoni It has been clearly stated by the IMF the plan. …that is what currencies do…they float. Most currencies in the world float, with their value determined by supply and demand. Salaries, wages and cost of goods are usually not adjusted daily, but adjusted monthly making for very realistic and seamless growth that is reflected by the strengthening of the dinar and reduced cost of goods. What is unrealistic is to think about a RV or some other overnight event. With well over 30 trillion dinar it is physically impossible for Iraq to revalue the dinar.
10-29-2015 Intel/Newshound Guru tman23 Spectacular NEWS…Maliki’s Bloc Withdraws Support for Iraqi Prime Minister Abadi! Maliki withdraws mandate for Abadi’s reforms! I say this because Abadi scheduled the implementation of the new salary ladder. The opposition is to this reform is BIG TIME and then they begin picking on all others. The change in the value of the IQD would make Abadi a rock star and Maliki and his spokesmen would be neutered. BEST NEWS OF THE WEEK>>> BIGGER THEN THE INVESTMENT LAW…which was a foregone conclusion. I waited on this outburst…and it is via Iran… not Maliki’s neck on the line as much as MONETARY REFORM IS UPON US!
10-29-2015 Newshound Guru Adam Montana [What is your confidence level that we will see an RV after the HCL is passed? A week? A month?] My opinion is that it will be less than a week, possibly less than a day.
10-29-2015 Intel/Newshound Guru tman23 The walls are closing in on Abadi… the advantage and momentum will shift to his opponents, especially with the salary ladder and cuts. So with all the protesting about the “cuts in salary” and Maliki on the offensive…The introduction of a new value is an ACE in the hole for Abadi. The people only need to understand that part of reform makes the IQD more valuable then the dollar… And from that point on, Maliki is in the nose bleed section…and nobody on the playing field will hear him or his followers anymore. [he needs to do that quickly then.] YEP…and not another 30 days either!