Iraqi Dinar Guru opinions 12-31-15
Iraqi Dinar Guru opinions 12-31-15
12-31-2015 Newshound Guru rcookie SOME MORE POSITIVE INDICATORS TO THE CURRENT ENVIRONMENT…IRAQI REPORTS THIS MORNING OF 425 SHIPS/TANKERS IN 2 MONTHS FROM A PLETHORA OF COUNTRIES… KUWAIT… UAE…DENMARK…LIBERIA…INDIA… MANILA…SINGAPORE… VIET NAM…WITH ADDITIONAL REPORTS OF PORT ACTIVITY VOLUME TO INCREASE DRAMATICALLY AT START OF NEW YEAR…WITH ALL THE NEWS AND REPORTS OF CUSTOM TARIFFS IMPLEMENTATION TO ALL PROVINCES AND MEETINGS ONGOING BETWEEN ERBIL AND BAGHDAD…AGREEMENTS WITH BORDER NATIONS FOR TARIFF IMPLEMENTATION…THE “IN INK” INCLUSION OF TARIFFS AS 2016 BUDGET REVENUE STREAM…THE ADOPTION OF MARITIME AND ENVIRONMENTAL LAWS… ME THINKS ALL THE I’S BEING DOTTED…T’S CROSSED…IF YOU LISTEN REALLY CAREFULLY…YOU CAN HEAR THE NEW IRAQI ECONOMIC ENGINE STARTING. WE ALL HAVE FRONT ROW SEATS FOR THE HISTORY THAT IS UNFOLDING!!
12-31-2015 Newshound Guru Kaperoni Article quote: “Decides to re-evaluate these investment shares at the beginning of 2016 in the light of the prices traded by Iraq Stock Exchange,” I talked to a broker a few minutes ago, he stated it sounds like efforts are being made to reprice shares to provide some source of security or stability to the investment community. He said the question is are they pricing in dollar or dinar? If it is dinar, which is what we expect, we may see some change to the dinar then.
12-31-2015 Intel Guru TD Important comments from my Kurdish friend ( you can treat all as rumor and please due your own sound diligence ). 2016 is a make it or break it year for Abadi’s survival. In particular the 1st half and progress in the war against ISIS is job número uno. Monetary reserves have evaporated and the IMF is now at the helm of monetary policies to be executed in exchange of the bailout Iraq is receiving from them. Parliament and CBI have agreed to implement whatever reforms the IMF requests. Inside word is that the IMF too has at its highest priority the transformation measures of Iraq into a diversified market driven economy and so the next few months will be very telling of investment policies and mechanisms that will be established.
12-31-2015 Intel Guru TD If these moves prove results then the IMF will help Iraq orchestrate the long awaited “deletion of the zeros” ( or) LOP. The IMF has made it clear during these talks that the LOP and dramatically reducing the money supply is the ONLY way forward for them to have a real and stable monetary program. Again as my amigo stated before it is still on the table that Only notes inside Iraq will then be allowed to exchange for the newer notes. This process is still scheduled for the second half of 2016 to start BUT progress on ISIS and IMF imposed conditions are prerequisites.
12-31-2015 Intel/Newshound Guru Poppy3 [From what I found out is …the (CBI) closing of 3 days … happens every year … per say … is caused by ANNUAL INVENTORY … PER DOLLARS AND IARQI DINAR …] STRANGE NEVER CLOSED BEFORE FOR 3 DAYS ON NEW YEARS…REMEMBER I BEEN HERE 12 YEARS. NEVER HAVE THEY ANNOUNCED A CLOSING BEFORE.
12-31-2015 Intel/Newshound Guru tman23 The Finance Minister uses the USD petro dollar to buy IQD from the CBI to pay for salaries etc. There is a BIG domino effect that goes along with revalue or either devalue. Over the years we have debated, argued, and highly contested the opinions of others on how the monetary change will be introduced. The only thing we know for a fact is the “project to lift the 3 zeros” was given the green light this past spring AND the time for the optimum time for the 3 zeros to be lifted is at the start of the New Year. Interesting week INDEED! Will you be seeing 67 cents… or $1… OR $3 plus…OR a ZONK!
12-31-2015 Newshound Guru Kaperoni From CBI: “Decides to re-evaluate these investment shares at the beginning of 2016 in the light of the prices traded by Iraq Stock Exchange,” Iraq is running out of time. With oil at $35 and expected to maybe drop to even lower, those reserves will be gone in no time. They need currency reform now and they need to get this market economy going without delay. That being said, I am hopeful this notice is the beginning of that reform. I am optimistic.
12-31-2015 Newshound/Intel Guru Arthur In a nutshell it appears that every single element we could possibly hope to see has and is happening in real time. The Hydrocarbon Law governing funds distribution along with the requisite taxes and tariffs are imminent within the next 48 hours. We are witnessing the perfect storm that we have always dreamed of for a reality rate for our investment literally any day now. The security picture couldn’t be better as what you are getting is at least 8 days behind reality so consider it done. In the words of the late Michael Jackson: THIS IS IT!
12-30-2015 Newshound Guru sczin11 Article: “Trading on the shares of the company’s financial Sama Baghdad convertible launch as of Sunday session 01.03.2016″ THIS MAY BE THE BIGGEST NEWS WE HAVE SEEN TO DATE…IF TRUE, AND MORE IMPORTANT, IF I UNDERSTAND WHAT THIS IS SAYING…ONE CAN ONLY ASK, WHY? ALMOST 1 YEAR AGO, WE SAW THE APPROVAL OF ABOUT 8 MONEY TRANSFER COMPANIES, TO BE LISTED ON THE IRAQI STOCK EXCHANGE…WELL, THIS APPEARS TO BE ANNOUNCING THE START OF TRADING FOR ONE OF THESE COMPANIES, ON SUNDAY…JANUARY 3, 2016.
12-30-2015 Newshound Guru Millionday Article quote: “FinanceMinister Hoshyar Zebari, on Monday, that Iraq has revived a plan to sell bonds two billion dollars in the budget of 2016″ BONDS ARE GOING ON THE MARKET THIS COMING YEAR — THEY ARE HUGE IN THE PROGRESS OF IRAQ AND SUPPORTIVE OF A HIGHER VALUE FOR THE COUNTRY ACCORDING TO THE REPORTS.
12-30-2015 Newshound Guru wmawhite […they are trying to stop the use of usd in iraq?] This has been the effort/the plan from the beginning and all of these laws and all of the IMF/WB efforts has been toward a “Market Economy” wherein the sole currency that Iraq conducts business with. [do u think the tarriffs and taxes will happen this time?] Well…some people in Parliament think so and the 2016 budget will not work without those revenues. [when you see the tariffs and taxes you will see a rate change too.] Possible…it does make sense…makes sense that change must come soon…
12-30-2015 Newshound Guru Kaperoni Article: “Parliamentary Finance reveal activation of customs tariffs starting from next Friday” Keep in mind next Friday means this Friday which is Jan 1st. The same time the CBI said they were going to “re-evaluate investment shares at the beginning of 2016″
12-30-2015 Newshound Guru rcookie [we see tariffs and taxes we will see the RV.] THE EVIDENCE IS CLEAR OF THE GOODS READY FOR INTRODUCTION TO ECONOMY WITH TARIFFS IMPLEMENTED…PRODUCT QUALITY INSPECTION MECHANISMS IN PLACE…SO RETAIL PRICING ADJUSTMENTS INCORPORATED AND PASSED ON TO CONSUMERS…SO INCREASE IN PURCHASING POWER MUST PRECEDE…AND THE FACT THAT THE BUDGET RELIES HEAVILY ON TARIFF REVENUES…WITH THE IMF DRIVING THE BUS… I THINK IT IS TIME.