Iraqi Dinar Guru opinions 12-23-15
Iraqi Dinar Guru opinions 12-23-15
12-23-2015 Intel Guru Frank26 IMO…from the 21st to the 26th…Iraq will give the LD’s to the banks…then the pendulum will swing. Iraq is waiting for the international standards to give them the new rate…Iraq awaits the international standards…the new rate…even the CBI is waiting on this international rate to come up with the right pricing right…they have the codes for the taxes and tariffs that are activated…the IMF, BIS, US…let’s just call them the BIG BOYS…The BIG BOYS work on these calculations…and once those calculations are done the international world will welcome Iraq into their club. I believe it is being calculated now to be released…the 1182 was done for compliance…and to make the USD more expensive to buy in Iraq…and it worked…it was an inflationary measure…they have no inflation…they qualify for Article 8..
12-23-2015 Intel Guru Frank26 …who has the numbers…the BIG BOYS…1182 is a prelude to the LD’s…we have come to my conclusion that…there will not be a float…it’s not going to be 10 cents or 40 cents….it will not a float…it will not be a gradual float… it will be 1 to 1…IMO…the 1 to 1 works to help ensure that ISIS is choked…1 to 1 is the RI…this is probably a 7-14 day period and we may be half way through that period…then in about another 7-10-14 days it will hit the global international exchanges…the RI,,.once it does then we will see the RV…allowing the 1 to 1 to grow internationally…I don’t think we will see 1 to 1…I’m not saying they are hiding the 1 to 1…we just won’t see it…because it belongs to Iraq.
12-23-2015 Intel/Newshound Guru Poppy3 SAW A POST…STATING W/B [WORLD BANK] TOLD THEM TO FINISH REFORM TO RELEASE THE 1.2 BILLION LOAN…NOW THATS A REAL KIND OF PRESSURE.
2-23-2015 Newshound Guru Kaperoni Article quotes: “«the committee received the Presidential ratification of the Second Amendment to the Investment Law No. 13 of 2006».” “« under this endorsement law became effective and the duty to work it ».” This is great…so the amendment to the existing Investment Law that passed a few weeks back (to make it more encouraging for investors) is now officially law.
12-23-2015 Intel/Newshound Guru Poppy3 STATEMENT… the zimbzwe dollar rved today…THEN THE DONG AND DINAR ARE SUPPOSED TO BE IN THE SAME BASKET. THIS JUST SENT TO ME 3 TIMES. NOT VERIFIED TO MY SATISFACTION.
12-22-2015 Newshound Guru Millionday Article quote: “Dr. Ahmed al-Husseini to adopt the conference aims to introduce investment opportunities in Iraq Stock Exchange, describing the move as a good omen for the opening of the stock market to the world.” WE HAVE WAITED A LONG TIME TO HEAR THIS. A GOOD OPEN WAS WHAT THE MEETING WAS ABOUT — OPENING THE STOCK MARKET TO THE WORLD…DECEMBER 20TH THROUGH 21ST. THIS MEETING IS HOW TO INVEST IN THE INTERNATIONAL ISX. ALL OF THE ISX INCLUDING FOREIGN WILL BE ADDED TO THE GDP WHICH IS USED TO CREATE THE ACTUAL VALUE FOR THE COUNTRY AND THE DINAR AND PURCHASING POWER ETC. ALL OF THE ISX IS READY AND ALSO SET UP ELECTRONICALLY — WHOOOPOW.
12-22-2015 Intel Guru Frank26 We did not see the LD’s this week as we thought…we did not see them in the auctions…nor did we see the Taxes and Tariff’s as we thought but the T&T’s have been activated…they need a new rate then…remember…they were working on a calculation for a new rate…so we also saw that the budget was approved…all it needs is activation and this calculation they work on right now. I guess we can say all systems are GO for a lot of activations for between December 31st and January 1st…IN MY OPINION. We strongly believe…our TEAMS strongly believe we will see …the LD’s this week. It is important that you understand the…pendulum swing in the auctions is a combination that we are told…the USD to IQD is the RI…IQD to IQD is the RV. What they are doing is preparing themselves to be introduced into the international world…all our evidence for the past 3-6 months has pointed in this direction…there are no delays…it is all becoming so transparent..
12-22-2015 Newshound Guru wmawhite first half of 2016 to do what? …RV… no…RI…no, but what? enter the economy markets! and what would a country need to have in order to participate in a global market? Maybe a currency that is recognized/accepted worldwide. [as to a time frame?] Well, their budget is depended upon the taxes and tariffs and it refers to them a lot. Abadi has stated this past weekend it is time to kick all of this stuff off. I expect to see all of this go soon.
12-22-2015 Newshound Guru Stryker One of the most important questions out there is, has there been a devaluation of the dinar or isn’t there? The office of Prime Minister Abadi and Governor Ismail of the CBI both came out today describing it as a small rate adjustment and not a devaluation that was reported by the news media…
12-22-2015 Newshound/Intel Guru BGG Article quote: “The Central Bank of Iraq, on Monday, reduced the value of the dinar against the US dollar. According to a statement of the bank, that “lifting of US dollar selling to banks and exchange companies rate by 16 dinars any by 1.37 percent to 1182 dinars.” [I am trying to understand how devaluing is a good thing? 1182 is going the wrong way?] It gets them closer (or within) the required 2% IMF regulations… no one saw this coming – the way for them to comply was “give away” a few dinars per transaction… HUGE NEWS… That is Market rate / CBI rate spread… no one had any idea how they would ever be able to get this valuation to work right – turns out – EASY. Give away 16 dinars per transaction. AND – stop and think… they HATE their exchange rate going the wrong direction. There has got to be a MASSIVE pot of gold at the end of the rainbow.