Iraqi Dinar Guru opinions 11-8-15
Iraqi Dinar Guru opinions 11-8-15
11-8-2015 Intel Guru Frank26 THE EAGLE HAS LANDED! The LOWER DENOMS are no longer in the United States (IMO)…they have moved! When the Arabs hear their holy man…they listen. When Sastani started to talk to the citizens and to the GOI things started to move…laws were moved along…voting done…in record time. Now the HCL comes to the surface…especially the 4th part that will help the citizens. The Iraq Cleric came out about 2 -3 days ago and said on the TV…broadcast into the mosque…verified by our Teams and [Guru] Delta…the Iraqi Clerics are DEMANDING the reforms!
11-8-2015 Intel Guru Frank26 We talked with iTeam and they thought it was interesting that the former Secretary of State said that they were guarding some currency and then 1-2 days later they moved them! They moved the Lower Denoms! (IMO)Chronologically things are moving according to plan. YESTERDAY it happened again. Sastani was on Iraqi TV…he was calling out parliament…talking directly to the camera…telling them to stop the procrastination and implement the reforms now! There was a meeting on the 5th between us (USA) the IMF and Iraq…and the 5 Trillion…which is not a loan…it’s the LD’s! We think that by December that the banks will have the money to “loan” to the citizens.
11-8-2015 Intel Guru Frank26 The EAGLE HAS LANDED! IOSO (in our strong opinion) the LD’s have left the US and the Kurds should be happy with their language on them. And wait until you see the coins. With the LD’s they are Article 8 qualified which will mean they will only be using their own currency…no more USD’s. we believe that Dr. Shabibi will tell the world. We believe that he will continue to supervise everything… When Iraq amends their laws…the open market economy can begin. This won’t happen at 1166. There is no point of a market economy at 1166. Abadi is on the move with the monetary reform as of NOW! The month of November will become one to remember. IMO we are extremely close!
11-8-2015 Newshound Guru firefly Reuters quote: “The need to protect the constitution and the law must not be used by the legislative or any other authority to circumvent or delay the reform steps,” Grand Ayatollah Ali al-Sistani said through an aide.” Iraq’s Sistani warns parliament not to circumvent reforms. Combine the US congress, the Senate and our commander and chief and they still don’t come close to the power of Sistani. Have to remember the mindset of the ME region…1st comes Religion Then the government. So far, EVERYTHING Sistani has demanded has been DONE. They have run out of time IMO. Anything is possible now! I like what I’m seeing! We have never seen this kind of movement in Iraq…ever. (This is Reuters folks! Reuters is a very respected news source world wide with a reputation to uphold. They don’t put out misinformation. Forex also gets their feed from Thomas Reuter. Reuters was also the 1st paper to tell the world about Kuwait.)
11-8-2015 Newshound Guru Breitling Forget about the HCL…it has nothing to do with the value of the currency or them reducing the note count or on policy with the currency itself. People are in panic mode cause they can’t find the receipt for their dinar…they can’t find the certificate that says they’re legitimate. You don’t need any of that stuff. Back in the day people thought that buying dinar was like buying a stock, that if you had it longer than a year you’d be taxed at a different rate. That’s not true. It’s ordinary income. So it doesn’t matter if you’ve had it for a day or ten years you get taxed exactly the same…as ordinary income…that’s final. that’s what it is. So you don’t need a receipt and you don’t need a certificate saying that your currency is currency. don’t worry about it. [As always, speak with a competent financial professional/expert at the appropriate time.]
11-8-2015 Newshound Guru Stryker Here’s some great news to wake up to on this Sunday morning: Prime Minister Abadi is forming a new political front made up of a 200 seats in parliament that involves Shiite, Sunnis and Kurds alike. In other words he looks to be building a new non-sectarian national unity in Iraq, free of corruption and a government for the people! This has been part of Prime Minister Abadi’s new government plan for some time now, as confirmed by my research… Also in the news today, Prime Minister Abadi rejects Iran’s Quds Force Commander, Qassem Soleimani request to retain Nuri al-Maliki as Vice President of the Republic.
11-7-2015 Newshound Guru firefly Sistani, who is revered by millions and has unmatched prestige in Iraq, has played a key role in supporting reforms by calling for the government to carry them out, giving Abadi the political cover to move forward with changes. You simply don’t mess with Sistani! He is for the reforms. He also has Abadi’s back! I’m expecting things to move even faster now!
11-7-2015 Newshound Guru Mike At the minimum, Iraq could raise the rate 30-40% and move to Article VIII. This would allow the government to implement the taxes and remove the subsidies for the ration card and fuel products and satisfy the WB and IMF’s requests. The citizens could afford the increase because of the off set raising of the value and then Iraq could begin to move forward on monetary and economic reform as well as reap the rewards of an additional revenue stream not attached to oil. I hope that’s not the way they go, but at this point, any forward movement for me is welcomed, continuing to flounder around and watch the reserves dwindle isn’t the answer, that much I know. It’s pretty clear that if they unpegged from the dollar and floated the dinar today, the value would drop, maybe as low as the projected 1500-1, which would be disastrous for the citizens.
11-7-2015 Newshound Guru Mike Stopping the auctions and implementing the tariff’s would clear up a ton of financial corruption. Purchasing imports with the dinar would eliminate the need for dollars and the good ole boy network wouldn’t exist any more, everyone would have access to purchasing Turkish tomatoes without going through the auction process. I honestly believe that’s why we haven’t seen changes yet to the currency, there’s too many wealthy Iraqi politicians making money off the existing system, the last thing they want is a fair, balanced and transparent system to compete in, the auction game is rigged for their benefit.
11-7-2015 Newshound Guru Breitling Have not seen articles like this is a very very long time…”the central bank is the only body that pumps dollars for the domestic market which creates confusion…” this is a very very bold statement. The reason it creates confusion is cause the people in Iraq have not figured it out…they don’t know why the value of their currency is rising and it’s because of the US dollar. Why are they throwing US dollars into their economy when they have their own currency? Well you and I know. this makes me very very happy. It’s coming to an end.
11-7-2015 Newshound Guru Breitling …simply because of some of the maneuvers they are using, they can’t hide anymore. What are they maneuvering? They are lowering the note count and there is a ripple effect. Some positive some of it’s negative. Some people don’t know what’s going on so they’re saying “Hey, we should put some more dollars in because there is not enough liquidity in the markets for the people to spend and buy and for their economy to move.” They don’t realize that the CBI has an agenda. They are going to add value to their currency and to do that they have to take the US dollar out. The CBI can bring the US dollar in and they can bring the US dollar out. It’s called [indirect tools] it’s not the natural market. This is very exciting!