Iraqi Dinar Guru opinions 11-3-15
Iraqi Dinar Guru opinions 11-3-15
11-3-2015 Intel Guru Frank26 Wall Street Journal article: “Emerging Markets Reward Bold” …what? Can you imagine that L-O-N-G—L-I-N-E? Investors will be rewarded “boldly” very soon. Where is the oil report for the 2nd and 3rd quarter for Iraq? Humm. That info is on a public website. That is HUGE! Everyone knows what’s going on … and NO ONE wants to get paid at 1166. You don’t see them cashing in on their contracts yet do you? LOL As soon as they change the value of their currency…they will get paid BOLDLY!
11-3-2015 Newshound Guru Millionday Article quote: “…al-Jubouri, the House of Representatives voted during its meeting today, approved the decision to support the reforms his body without the authorization of any executive powers to anyone.” MANY WERE WORRIED THAT ALL STEPS OF REFORMS HAD TO GO THROUGH VOTE AND TIMELINE IS HUGE. PARLIAMENT >>>VOTED<<< APPROVED SUPPORT OF THE REFORMS WITHOUT AUTHORIZATION. ALWAYS REMEMBER THEY HAVE A CONSTITUTION THAT INTERNATIONAL AND FEDERAL LAW PROTECTS. THEY ARE JUST ASKING THAT IT COMPLIES WITH CONSTITUTION — UNDERSTANDABLE…VOTE DONE.
11-3-2015 Newshound Guru sczin11 VERY CURIOUS…FROM THE BUDGET BEING EARLY, TO BEING ON TIME, TO ABIDE BY CONSTITUTIONAL DEADLINES, TO EXTENDING PARLIAMENT A MONTH…AS OF…NOV 2, as FAR AS WE HAVE BEEN TOLD…NOT AT THE PARLIAMENT YET…NEXT SESSION NOT UNTIL NOVEMBER 10…TWO READINGS AND A VOTE NEEDED…CONSTITUTION? DO THEY USE SELECTIVE CHOICE WHEN TO ABIDE BY ITS CONTENTS? BUDGET LAW REGARDING AUCTIONS, DISMISSED AS UNCONSTITUTIONAL FROM 2015 APPROVAL…ABADI REFORMS “MAY” BE DEEMED UNCONSTITUTIONAL REGARDING THE REMOVAL OF THE THREE VP’s…
11-3-2015 Newshound Guru sczin11 …WHO IS RUNNING THE SHOW? IF THE JUDICIAL SYSTEM IS CORRUPT, AND THE LEADERS OF MINISTRIES ARE CORRUPT, AND THEY ARE FULL OF PROXIES WHO ARE CORRUPT? HOW CAN THEY MOVE ON AND SURVIVE…NEVER MIND THRIVE? YET THE COALITION CONTINUES TO SUPPORT THEIR NEEDS IN THE CRISIS OF ISIS…COMPANIES CONTINUE TO SIGN CONTRACTS TO BE IN ON GROUND FLOOR…COUNTRIES CONTINUE TO SUPPORT THEIR NEEDS ESPECIALLY WHEN IT COMES TO FINANCIAL CRISIS…INTERNATIONAL AGENCIES CONTINUE TO BACK THEM… WHAT PART OF THIS PICTURE ARE WE MISSING?
11-3-2015 Intel/Newshound Guru tman23 IMO… FROM TODAY UP TO THE END OF DECEMBER WE ARE IN THE ZONE. NO WINDOWS! ZONE FOR MONETARY CHANGE! AND THOSE SAYING MID 2016 OR 2017…NOPE! IRAQ IS NOT BRINGING IN FOREIGN INVESTMENT WITH 3 ZERO ACCOUNTING ATTACHED AND THEN REDOING BOOKS IN THE MIDDLE OF THE YEAR… AIN’T HAPPENING!
11-3-2015 Newshound Guru wmawhite If you had a company and you were selling stock in your company and you believed your company’s stock was worth (let’s say) $1.25 per share. Why would you start out selling it at…$0.00085 per share? That would be…Crazy…and it applies directly to Iraq.
11-3-2015 Newshound Guru Kaperoni Article quote: “The National Conference leader and head of the parliamentary finance committee MP Ahmad Chalabi, died this morning at his home in Kadhimiya, north of Baghdad, after suffering a heart attack.” The timing of this is what is interesting. He was very outspoken about corruption, and recently stated in public the list would be released identifying the corrupt. He was also the head MP in charge of the Finance Committee. This is very unfortunate.
11-3-2015 Intel/Newshound Guru tman23 Zebari, the Finance Minister said in an official statement that by the end of the year Iraq will have only spent 60% of the 2015 budget… So how is that? And another Minister said that November is going to be a huge economic crisis month… From the outside looking in… it appears that they are setting up for something different then just salary cuts… the cuts are an adjustment to the lifting of the 3 zeros…and the cuts give indications that lifting the 3 zeros is not a neutral event, but rather going to add value to the Iraqi dinar…
11-2-2015 Newshound Guru Kaperoni Article: “eliminates the parliament’s decision not to ratify the paper Abadi reforms” …parliament voted in favor of Abadi’s reforms as long as they are constitutional. Which is a setback of sorts since Abadi was trying to get his reforms done expeditiously. This is not good news in the sense that it will probably slow progress down to a crawl because we know how slow parliament is to approve anything…and as some believe a win for Maliki and his attempts to prevent progress.
11-2-2015 RUMOR Guru Mnt Goat I need to emphasize again that most of the needed reforms prior to the RV are already done but a couple areas still need to be addressed – that of getting rid of the stench of Maliki, the judicial reforms, amnesty and others. It is by far not all completed. In line with getting rid of Maliki and the judicial reforms Iraq needs to have their “Reconciliation Conference”. They will only do this once they feel all matters of agreed to reforms implementations are completed. The Reconciliation Conference is a timeline for conclusion when all the work towards a unified Iraq (as agreed to over 9 years ago) is going forward for the benefit of all the citizens. The December date is just a tentative timeline. Right now this is all the really matters in the long run to get us our RV.
11-2-2015 RUMOR Guru Mnt Goat I believe our next HUGE announcement will be the passing of the Accountability and Justice law. This law includes many of the reforms to the judicial system. It is very much needed before any RV. I believe it will be passed in the next couple weeks. Most importantly for the RV, it will establish the legal groundwork for investors to come into Iraq. From this aspect it will include how disputes will be settled, suits filed, etc, etc. Once the accountability and justice law is passed, we can almost certainly expect the prosecution of the ex PM Nori al-Maliki. This too is needed prior to any RV. No prospects for an RV either in the coming month of November. Sorry Folks! Later December and possibly early January has prospects…We need to see how Iraq progresses in all the areas in the coming month… There is a target and a plan I can assure you of this. They are moving at lighting speed to get there.
11-2-2015 RUMOR Guru Mnt Goat So what is left to accomplish (if you need a laundry list)?
-Amnesty law needs to be passed and fully implemented (coming before parliament this week)
-Mandates of the three presidencies (second reading is today)
-Accountability and Justice law (cleaning up the judicial system, will lead to the final straw in prosecution of Maliki and his goons)
-Final announcement of the Federation Council law
-Final report card and unity meeting for the mandate for Reconciliation called the “Reconciliation Conference”.
Now when we see these events come to pass we must be alert.
11-2-2015 Newshound Guru wmawhite …is there anyone in their right mind that believes the true value of the IQD today is 1166 to 1 USD? If it is NOT…then why would the CBI start a float at 1166…why would you sell your home for nothing if it is worth more? Starting at 1166 is just nuts!
11-2-2015 Newshound/Intel Guru BGG Article: “Judiciary denies the return of the Vice-Presidents and confirms: Federal did not hold a hearing on it” I’ve been keeping an eye on this – I don’t see where this piece articulates a Fed Court Ruling in Maliki’s favor (and the other VP’s)… in fact, it appears a court spokesperson is plainly denying such a ruling. The only evidence of such a ruling comes from a potential Maliki sycophant giving a media interview…
11-2-2015 Intel Guru SteveI [Are you still of the belief that the rate will be in the 3.5, give or take a few, range?] Yes I do. A strong currency will be equal to a strong economy. This one to one I am just not buying into at this time. How do you become one of the largest economic countries you ask? Yes, a strong currency will be hand in hand. I believe if you go look at some strong countries with assets, you will see what I mean. The KWD to the USD is 3.30 at this moment and Kuwait is next door with many things they are sharing in common like ports, oil, etc. I understand not all countries are at the Kuwaiti rate nor ever will be, but that does not mean that the IQD falls within that group. [Guru] Joe P…was very much into this with huge contacts believed the rate to be close to the post Sadam days. Things have changed but Iraq is a very rich asset country.
11-2-2015 Newshound Guru Kaperoni “The meeting’s agenda number (34) Monday (2) November 2015. The third parliamentary session” [No.9 is the only one I’m finding interesting at the moment, hopefully it will be settled and they can then make a move on ” M] “Ninth: The second reading of a bill defining the mandates of the three presidencies. (Legal Committee). (Article 8).” I’ll be honest, I don’t see anyone making any such move on Maliki. Why? because he is the head of the State of Law bloc, has already been named responsible for the Spiker tragedy and nothing has happened. Apparently a court ruling today was in his favor that the PM cannot dissolve the Vice-President positions.