Iraqi Dinar Guru opinions 12-16-15
Iraqi Dinar Guru opinions 12-16-15
12-16-2015 Intel Guru Frank26 What they are doing right now with their banks, auctions, and LD’s is all that matters…they will stop the auctions on the 31st…the 31st is a Thursday…Friday off…Saturday off…the beginning of the year…this is not a coincidence…they will need to start selling their own currency through the auctions to make money…they do auctions because they are not international…so they sell USD to make money. But now they will be international with an international currency and rate…out of Article 8 which will do something phenomenal with their reserves. If these LD’s are purchased by the banks do we then have to have the rate…no…it means they are now in position to introduce the rate.
12-16-2015 Intel Guru Delta …it is about time for Iraq to move forward…whatever the plan was before they do want to move this faster…in my heart I believe this is the month we should see things happen…this year is totally different…so many things are going on…what all started this was the contract that Iraq had to sign with the IMF…that was the trigger…there is no nation on earth that gets the support that Iraq gets from the IMF, the World Bank and others…why…they do not want them to fail…the authors of the plan do not want them to fail… Abadi came out and said this is the time to activate the monetary reform. IMO the rate has to change…if I’m the CBI…if I’m going to put those LD’s in the banks…I have to have a rate for the LD’s to be sold to the banks…they have to have a good value for later to make money…bottom line…the CBI has to offer a rate that is good for the CBI and the banks as well as the citizens and for us. We are very close, expect the unexpected…on the verge of something big happening… IMO we will see the rate before the end of the year.
12-16-2015 Newshound Guru Kaperoni The agenda of the meeting No. (45) Wednesday 16 December 2015: “Second: The vote on the draft general budget of the Federal Republic of Iraq for fiscal year 2016. (Finance Committee,Legal Committee,The economic and investment commission), (Article 38).” Be interesting to see if they can pull this off or if they will have to wait to another day for lack of quorum.
12-16-2015 Newshound Guru Kaperoni Article: “the House of Representatives decided to postpone the vote on the ninth paragraph own balancing the province at the end of today’s session.” I do not think the budget is done until they agree and vote on the Kurdistan share. I don’t see this as good news. There is little to no chance during 2016 this will come back into parliament to get resolved. And as we know the Kurds would not accept less than 17%. What this did was in essence give permission to the KRG to pump and sell their own oil since they know there is no chance of getting any funds from the central government. It will only alienate the relationship.
12-16-2015 Newshound Guru rcookie Article: “President of the Parliament congratulates Iraqis approve 2016 budget Wednesday 16 December 2015 16:42″ 2016 budget approved by parliament majority. 2016 BUDGET COMPLETED IN RECORD TIME! 11TH HOUR ATTEMPTS TO PARE KURDS SHARE FAILED… Parliament voted to give Kurdistan 17% of the budget in 2016.
12-15-2015 Newshound Guru Breitling …people say, “according to the IMF rules the dinar can only change 2%” Iraq is completely outside of it’s true value…it went from $3.25 then in the middle of the Gulf War to about $1.25 per dinar…then what did we do? We flooded the country with it’s own currency…that’s manipulated. We did that on purpose. So how does the IMF rule apply to that? How about they get back to the market value with the equivalent amount of dinar they had out there. They reduced it [The number of notes in the market] right? They reduced it but they still have the same value as when we all got started in this. So that raises a question and gives you an idea about how manipulated the currency is. So you don’t need to go through the IMF rules…they don’t have to do anything. China doesn’t. the United States doesn’t. Iraq doesn’t. No body does. no one wants to follow the rules anymore…it’s full on competition. The big war right now is the currency war.
12-15-2015 Newshound Guru Millionday Quote: “To / all licensed banks and money transfer companies and exchange companies (stop processing the dollar)” THIS IS A FORMAL ORDER FROM CBI AND MEANS NOW. THIS IS STATING THAT THE BANKS AND MONEY COMPANIES ETC MAY NOT DEAL WITH DOLLARS ANY LONGER — THEY WILL BE SENT TO CBI I WOULD ASSUME FOR OIL PAYMENTS AS THE NATIONAL CURRENCY IS THE DINAR… THEY MUST ONLY USE DINARS AS WE USE DOLLARS…
12-15-2015 Intel Guru Frank26 there is no sense talking further about the IQD unless they release the LD’s…I believe they are about to…the LD’s are under lock and key at the US Embassy. there was too much thievery going on at the CBI. Now it is important for you to understand…IMO…the LD’s are coming out next week…my TEAMS study that the LD’s will go through the auctions…they can no longer simply be distributed to the banks…there must be a documented paper trail… It’s rather quiet on the monetary reform front until today…three of the most powerful articles about their Monetary Reform..
12-15-2015 Intel Guru Frank26 …it is possible…IMO…that we may see a rate change right after Christmas…especially if they use the LD’s…if the banks decide to buy them this week look out…then they put them in their vaults…they won’t stay in the vaults very long…if they stay in the vaults more than 24-48 hours they will lose a lot of money…the auctions will have a major pendulum swing either to the right or the left…this is our gift to you…the banks have to buy the LD’s…its going to be so loud and obvious…if they swing to the left they are low numbers…just trying to confuse…if they swing to the right…they don’t care they are about to change their rates.
12-15-2015 Newshound Guru Kaperoni Article quote: “..high-level parliamentary source, Tuesday, vote for a coalition of state law during an emergency meeting held this evening, not to pass the 2016 budget unless you reduce the region’s budget to 13%.” Well if true there is no chance of voting tomorrow on the budget. The Kurds won’t go for less either.