Iraqi Dinar Guru opinions 11-5-15
Iraqi Dinar Guru opinions 11-5-15
11-5-2015 Newshound Guru Millionday THIS WAS PART OF A SPEECH BY CBI GOVERNOR: “…the central bank a day in the initial exchange market (referring to the lack of a future market for the currency or market options) and expresses its readiness to secure the display of foreign currency (dollars) to cover the need for demand to ensure the strengthening of the national currency and gradually to maintain stability at the target in each stage or period of revaluation ranges.” HE IS ANNOUNCING THE READINESS TO ENSURE THE STRENGTHENING THE NATIONAL DINAR AND MAINTAIN STABILITY IN THE STAGE OF >>>REVALUATION. WHOOOPOW.
11-5-2015 Intel/Newshound Guru Poppy3 HOW LONG HAS POPPY3 BEEN TELLING ALL OF YOU THAT A FLOAT WOULD NOT HAPPEN? THREE YEARS NOW BECAUSE IT WILL NOT WORK AND THE CBI HAS ALWAYS INDICATED THEY NEED A FLAT RATE. MY OPINION IS A MEDIAN START RATE SHOULD BE IN THE $3.00 RANGE. FROM DR SHABIBI TILL TODAY THE CBI HAVE ALWAYS SAID THEY WANTED A FLAT RATE THEY CAN MAINTAIN AND GROW THEIR ECONOMY OVER A 24 TO 36 MONTH BEFORE THEY ALLOW THE FLOAT.
11-5-2015 Newshounds Guru Adam Montana [WITH ALL THE ME COUNTRY’S FALLING SHORT WITH THERE MONEY. AND THE IMF DROPPING SOME OF THERE RATING’S. HOW DOES THIS HELP IRAQ AND THE RV – RI?] I’m not concerned with the other countries in the ME, and most likely we’re just watching a natural adjustment in the balance of the world. Iraq is Iraq, and they are capable of succeeding regardless of what other countries do…keep an eye on that HCL, I think good things are coming.
11-4-2015 Intel Guru Frank26 I would like to invite you to a new “qualified” Iraq – where laws have been amended…security in place…to Iraq’s international fair. This fair is done every year…and is a call to arm Iraq “internationally”. Iraq is poised to show their growth to the world. The world awaits the monetary reform. The price of oil is not a concern…Iraq’s oil will be used to hurt Iraq’s enemy. This year…VERY LOUDLY…the IMF…the father of the world’s rate…gave their appointed Central Bank Governor permission… This month of November is going to be very eye opening. the CBI is in the process of lifting the 3 zeros. I am EXPECTING to see the lower denoms this month…if not…then things may move into the 1st quarter of 2016. I told my staff of a particular date. November is going to be pretty fun. In November…time is up.
11-4-2015 Intel Guru Frank26 It costs millions per month for Iraq to keep their currency at 1166. There is a NEGATIVE factor each month in running the country at that rate. Loans saved them each month. Their budget…was saved with artificial loans and money… ADRS (Abadi, Dr. Shabibi and Sastani) – got the green-light back in March. Iraq is not going into bankruptcy. Time has run out! How do we know that TIME has run out? Countries are visiting DC and their currencies are going up in value. Remember I showed you the China currency last week? China is printing a new 100 note. Many other countries prepare their currencies too. IMO – Dr. Shabibi will take the green-light given to him by the IMF and move forward.
11-4-2015 Newshound Guru firefly Unless the laws have changed IMO a float is not a possibility unless it’s a managed float.
11-4-2015 Newshound Guru Adam Montana […what dictates that the RV has to take place…?] I’ve always said 3 things need to happen: 1. Stable GOI (Done!) 2. Chapter 7 (Done!) 3. HCL (ALMOST!)
11-4-2015 Intel/Newshound Guru tman23 The salary ladder was a necessity and the rates being paid were a sour subject with the World Bank/IMF… This is not Abadi pulling a rabbit out of the hat but rather the strings attached from the World Bank/IMF… The new salary scale does not meet the market prices…therefore it is reasonable to assume a rate must be applied along with the lifting of the 3 zeros… The salary scale will go through… I am 1000% sure of that…and 1000% sure the zeros are due to be lifted…IF correct in meeting the needs in the market place…the rate would work out to around $2.66…but that is just IMO through cutting in rough numbers.
11-4-2015 Intel/Newshound Guru tman23 There is no doubt that this monetary change has the best chance we have ever seen of happening before the first of the year…AND Abadi is in a pressure cooker that is about to explode… He doesn’t have until mid next year, and IMO he doesn’t even have 90 days.