Iraqi Dinar Guru opinions 11-19-15
Iraqi Dinar Guru opinions 11-19-15
11-19-2015 Intel Guru Frank26 …we told you that Dr. Shabibi is ready to launch the monetary reform of their currency from the reinstatement stage into the revaluation stage. This stems from the meeting on the 10th. So this meeting was where they came out to declare we are ready to add value to their currency by removing the 000’s from the citizens and also from you…they introduced the 50k and will introduce the 100k next year. …this whole process is speeding up so much now…we told you the LD’s came over from the US…we told you that Dr. Shabibi was moving these LD’s out into the banks…
11-19-2015 Newshound Guru mike Article: “Iraq will pay $ 12 billion from the central reserve to oil companies” I don’t think this is anything to worry about, yet…the CBI isn’t authorized to pull reserves to pay for past due oil payments. The CBI is under a lot of pressure right now and I believe those who want to maintain the status quo are getting the jitters. They see that the MOU has been signed with the IMF and they know the end of the auction shenanigans and subsidies are near. I wouldn’t doubt if we see a full court press for the removal of Keywords in the near future, these guys are going to do everything possible to keep the system the same, billions of dollars are hanging in the outcome. IMO
11-19-2015 Newshound Guru wmawhite [ I am holding several of the 5K notes…will they still be good with the release of the larger denoms?] Nothing changes with the notes that we hold. If the status of any of the Iraq dinar were to change, the CBI, who owns them, would be the enitity to inform the world. I too have 5K notes. I am not concerned about their status changing. And why? Because the CBI continues to tell us what they are doing.
11-19-2015 Newshound Guru Kaperoni Article: “A member of the parliamentary Finance: Half 2016 budget is dedicated to salaries” If they sell 3.5 mbpd @ $40 a barrel X 365 days = about $51 billion dollars. That of course could go up or down depending on prices and exports. Its a total mess to think about $35 – $40 billion of that is salaries.
11-19-2015 Newshound Guru Adam Montana [Anything yer lookin’ fer in particular or watchin’ for to come outta the G20 SUMMIT in Turkey this week…?] Not particularly. I think Iraq (mainly the CBI) is going to do whatever it wants either way, and G20 summits usually disappoint regardless of what’s going on in the world.
11-19-2015 Newshound Guru firefly anybody that thinks the Paris Club, IMF, WB will settle for 5 cents better go back into hibernation. This is a plan and the plan doesn’t include 5 cents. They want their money and they want it now! 5 cents isn’t going to cut it, sorry. Things are moving at double the speed than even 2 weeks ago!
11-19-2015 Newshound Guru mike Article: “A member of the parliamentary Finance: Half 2016 budget is dedicated to salaries” …80% of Iraq’s budget is going to payroll, that leaves very little left over to facilitate the auctions and the fight against ISIL, let alone service projects for the people like electricity, water and sewage. By lowering the value of the dinar, the GOI could save $10-12 billion a year in payroll, great for the government, bad for the citizens. The good news is that Keywords is against it, here’s hoping he sticks to his guns on this. The other thing is this, the IMF/WB want Iraq to lower salaries, remove subsidies on fuel, electricity etc. and implement the tariff’s, well, I don’t see how they can do that with a currency that’s been further devalued by lowering the rate to 1500-1. Here’s hoping the recent IMF involvement can get Iraq closer to Article VIII where they have a chance to raise the value and stop the auction’s.
11-18-2015 Intel/Newshound Guru Poppy3 REPORT SAYS RV WILL HAPPEN BEFORE JULY 16TH 2016 ACCORDING TO IMF — NOTHING CONFIRMED AS TO THE VALIDITY OR ORIGINATION. I PERSONALLY DONT SEE ANYWAY THEY CAN WAIT THAT LONG AND MOST ALL CBI AND OFFICIALS PREDICTING BEFORE 2016. THINGS ARE AWESOME AND WE WILL BE HEAVENLY BLESSED IN NO TIME AT ALL.
11-18-2015 Intel/Newshound Guru tman23 Salary Ladder…salary reductions…pension reductions…social security reductions…AML, Investment Law, both passed and waiting … 2016 Budget had second reading… Taxes are ONCE AGAIN set to be enforced on imports…and the chatter of devaluing to 1500 IQD to 1 USD… They are preparing for something…and the citizens just as much as members of the GOI are confused…which is a Good sign IMO…because a neutral event would not call for secrecy and confusion.
11-18-2015 Newshound Guru mike As long as Iraq moves to Article VIII before they try to float the dinar, there’s a very good chance the dinar will rise in value. If they don’t, then it’s going to be a mess. Hopefully…if they make a move to international status around the middle of 2016, my guess is they’ll have roughly $50 billion left in the reserves, which would be enough to support a dinar with higher value.
11-18-2015 Intel Guru Frank26 The CBI and GOI are working so closely together, it seems that not much could slow things down now. Dr. Shabibi has made a decision to jump out of a plane and by doing so he is committed to pulling the ripcord…that airplane held Maliki and other bad men…but Dr. Shabibi is now unafraid of his own actions…he is intent on that ripcord, to be pulled at the appropriate time…indeed, he jumped into a beautiful horizon. We are also seeing more and more news articles talking about the lifting of 000’s. …the Iraqi Finance Committee wants to “study how the USD works with the IQD”…don’t they realize by now how things work…how their economy is about to explode…the USD closed today at 99.75… incredible…it comes to meet the IQD.
11-18-2015 Intel Guru Frank26 IOO…we will not see the steps…the movement of the RI into the RV. Today they even talked about coins… …there was an article that we saw today that talked of the IMF moving the program rate from 1166 to 1500…Stay focused on the idea that Iraq has a program rate, it matters not what it is…what matters is that they are moving as we speak towards an international rate. Dr. Shabibi is launching the Monetary Reform Rocket in December…but don’t run to it too early. Due to the full picnic basket Iraq will do very well very soon…give it time though. The Vietnamese dong will not be in the first basket but it too is poised…IMO…for 2016.
11-18-2015 Newshound Guru wmawhite [why have 50 k notes?] I am the CBI…I hand you one 50K note and you give me two 25k note or five 10k notes. The note count goes down the removal of the zeros speeds up.
11-18-2015 Newshound Guru Adam Montana When the RV is announced, it will be a simultaneous cash-in for everyone. There will be no secret exchanges, different rates, etc.
11-18-2015 Newshound/Intel Guru BGG looking like – the “bad actors” in the auction program seem to be “back at it” now that the IMF is calling the shots…has anyone noticed the auction numbers moving up? I have a feeling the WB/IMF may have to put some real heat on the corruption…IMF pledges support and these jackwaggons get right back to the business of plundering the CBI. …so I take great issue with the 2% spread being the only thing left to be in IMF compliance to move forward. …the 2% spread – being “out of range” will be an easy mark to satisfy… once the underlying threat is dealt with…all IMHO only.