Iraqi Dinar Guru opinions 11-1-15
Iraqi Dinar Guru opinions 11-1-15
11-1-2015 Newshound Guru Millionday Qutoe: “The primary objectives of the Central Bank of Iraq (CBI) is to ensure domestic price stability and foster a stable competitive market based financial system. The CBI shall also promote sustainable growth, employment and prosperity in Iraq” THAT IS FROM CBI. DIDNT IT SAY THEY HAD TO APPLY EXCHANGE RATES ETC BEFORE? THEY CHANGED WHAT IT SAID… I REALLY DONT KNOW THE EXACT DATE IT CHANGED BUT FOR MANY MANY YEARS IT DID NOT SAY THAT. IT APPEARS TO ME THEY HAVE THEIR ACTUAL INDEPENDENT RULES NOW. [so now it is assumed the rate will be applied…and now it says keep it stable etc?] SMILE — IT READS WHAT THE CONSTITUTION STATES FOR THE CITIZENS IN SO MANY WORDS. [could they progress all the way into the year of 2016 with all the laws being passed?] WE DONT KNOW THE DATE — IMO I DONT THINK SO.
11-1-2015 Newshound Guru Aggiedad77 we have great EXPECTATIONS for November, we expect to see great movement from within Iraq during this month…We’ve already seen a commitment from Parliament to hang around for 30 days and delay their vacation…why…to pass the budget…the budget they have been asked by PM Abadi and COM to not change…read it once…twice…then vote upon it. Abadi spoke at the opening ceremony for the 42nd Baghdad International Fair…a fair attended by many both from within Iraq and many from outside..
11-1-2015 Newshound Guru Aggiedad77 he spoke of a Baghdad free of terrorism…the cradle of civilization… what a great choice of words…the Baghdad that is to return to world renown…they reconstruct and at the same time the eliminate red tape that formerly stood in the way…how…by making amendments to existing laws that wipe away the red tape and bring great shame to corruption… Even with low oil prices they continue to seek ways to finance their country through greater emphasis on activities within the public and private sector both that take away so much focus on oil. Watch what they do in November…keep track of the accomplishments.
11-1-2015 Intel Guru SteveI [Do you and your sources see this likely happening before the end of the year or early next year?] From our contacts and my own beliefs, (I really do not like to predict any specific time period due to the constant changes in Iraq) but this year looks excellent. ISIS is almost a thing of the past. I talked to [Guru] Ray the other day and he also believes we are right at the verge of this happening. Again, once ISIS is fully under control (one major city left) and then it looks really good for this to happen. They finally did agree to $45 per barrel for the 2016 budget regardless what you are reading in the news, and they are making a lot of adjustments to make that happen.
11-1-2015 Newshound Guru Kaperoni [With AML and investment laws done would it be reasonable to think that we may be close.] I am sticking with the schedule the CBI stated..50k by end of year, and 50,100, 200 by beginning 2017. If I am correct, we will see them spend the next 2-6 months reducing the notes count and getting in compliance with the IMF (the IMF even said they are sending a team to help with compliance beginning of 2016) and then around mid 2016 they will unpeg and the dinar will begin to rise creating enough pressure to raise the value to about .05 cents beginning 2017 (which would make the 50,100, 200 appropriate). Can the timeframe change? Sure it can.
10-31-2015 Newshound Guru Aggiedad77 …here are some things to think over as we work our way towards a new tomorrow…things in Iraq are being generated at a never before seen speed…they are amending laws…much if not all of this process is complete…The Parliament received the 2016 budget from the COM this month and although the…Finance Committee tried to bellyache that it was “late again” this is one of the earliest times Parliament has gotten it in their hands in recent years…Now let’s see how the Finance Committee …will try and delay work on this. …we saw Parliament vote today to stay in session in November rather than take a break… …the Oil Minister Zebari spoke today too about the HCL. November is going to be like no other month we’ve seen to date in Iraq.
10-31-2015 Newshound Guru rcookie [with all the news that they are ready to get this done, do you see anyway they will wait till next year to do this?] I REALLY DONT THINK SO…THEY ARE REVEALING THEIR PLANS FOR THE PRIVATE SECTOR…SINGLE WINDOW LAUNCH EVERY DAY…AND HAVE LINES OF COUNTRIES WAITING TO DO BUSINESS WITH THEM. [what does single window mean?] The main value proposition for having a single window for a country or economy is to increase the efficiency through time and cost savings for traders in their dealings with government authorities for obtaining the relevant clearance and permit(s) for moving cargoes across national or economic borders.
10-31-2015 Intel/Newshound Guru Backdoc ITS TIME FOR THIS LONG TRAIN RUNNIN TO COME INTO THE STATION SOON! WITH LAWS DONE OR SITTING IN THE WAITING ROOM READY TO BE ACTIVATED COMPLETELY WE SEE CONTINUED MOVEMENT ON CURRENCY PREPARATION! NOVEMBER SHOULD PROVE QUITE INTERESTING! WE WON’T BE WAITING IN OUR MONETARY REFORM WAITING ROOM MUCH LONGER! THE BIRTH SIGNS OF THE NEW REALITY ARE ALL OVER US!