Iraqi Dinar Guru opinions 1-3-16
Iraqi Dinar Guru opinions 1-3-16
1-3-2016 Intel Guru Hub the imf’s purpose is to insure the stability of the international monetary system. one document from 2010 states the imf wanted iraq to have a stable economy and set the value at 1166. they wanted to stop inflation and set up the govt to help pull iraq out of the pits…now its a different ball game and they are ready to go forward…so we shall see…its not reconized as an international currency, so to pay for the hotels, oil work, water systems, elecetric company, sanitation for the country, and so on and so on, they have to have a currency everyone will take…so what must happen for this to occur? Shabbs [Dr. Shabibi] said the dinar will be the most valued and thus most respected currency in the world.
1-3-2016 Newshound Guru rcookie […they have tried to sell bonds before… no takers… at 1166…] IT IS NOT THE SAME ENVIRONMENT…NOW THAT THEY HAVE MET FULL COMPLIANCE WITH ALL IMF…WB…UN MANDATES….DEFICIT REDUCTION…SUBSIDY ELIMINATION…SALARY LADDER….NON OIL REVENUE STREAMS…TARIFFS…AND COMPREHENSIVE IMF MONITORING OF ALL ECONOMIC AND MONETARY ACTIONS AND POLICY…INCLUDING FULL IMPLEMENTATION OF 2016 BUDGET DISBURSEMENTS TO ALL PROVINCES…NEW DRIVER FOR THEIR ECONOMIC AND MONETARY BUS…AND THE INTERNATIONAL INVESTMENT COMMUNITY KNOWS IT..
1-3-2015 Newshound Guru Chattels It appears that [Guru] Kaperoni is saying that matters are so bad that something must and will be done in the area of currency reform. I wonder and doubt, but I will be pleased by any pleasant surprise. Hardly the preferred posture presented by Shabbibi, but no doubt there are a number of scenarios which may lend itself to or militate in favor of our liquidity event and we have never known the recipe(s) with any certainty. None of us much care how IT happens, only that IT does
1-3-2015 Newshound Guru Enorrste Article quote: “fear the economic and financial circles Iraqi that leads the Iraqi Central Bank’s decision to reduce the value of the dinar against the dollar as of yesterday” the article confirms…This move is a short term strategic move, not a devaluation. I particularly liked the fact that the article states quite clearly that any talk of a devaluation is “baseless.”
1-3-2016 Newshound Guru rcookie [… your opinion on the dinar starting out at its present rate and floating up on demand as people invest…is that possible?] I DO NOT BELIEVE THE CURRENT SUPEFICIALLY IMPOSED RATE WILL BE THE STARTING POINT OF A FLOAT.
1-2-2016 Newshound Guru Kaperoni No matter how you look at it, Iraq cannot make it another year without currency reform. The numbers make it impossible. So as we said in Oct, the remaining 3 months would be important, the next few months of 2016 are just as important, if not more so. Iraq has worked (or lack there of) themselves in a corner and they either launch the market economy, currency reform and create businesses and jobs or fail and go broke. …the government is shut down, and nothing will be posted until Sunday when it opens back up. I do expect something since the CBI came out and said so in there statement which clearly said…”Decides to re-evaluate these investment shares at the beginning of 2016..” What that means or how it effects us, we will have to wait and see. But something will happen. As for the how many times have we heard this before? That is not necessary true, yes we have said so, but never like this. …I cannot recall ever stating the CBI is going broke, or the reserves are diminishing. These are not opinions, but fact. And many of the worlds experts have also concurred. So until Iraq gets this market economy moving, and initiates currency reform (which IMO includes Article VIII) they will continues to be in this predicament. The only solution to the problem is to bring the world’s money to Iraq.
1-2-2016 Newshound Guru wmawhite [ I have high hopes this time around. Hope Iraq can follow through.] I am trying not to be too over the top hopeful…but, I am hopeful too…something in the next few weeks/months.
1-2-2016 Intel/Newshound Guru Poppy3 WE ALL KNOW THE STATUS AND WHAT CBI , WB, UN, IMF HAVE ALL TOLD US IS HAPPENING SO REALLY ALL WE NEED TO DO NOW IS WAIT PATIENTLY AND LET THEM DO WHAT THEY SAID TO THE WORLD THEY WHERE GOING TO DO THIS MONTH.
1-2-2016 Newshound Guru rcookie …THE IMPORTANCE OF UNITED NATIONS OVERSEEING THE TRANSFER OF POWERS TO THE PROVINCES AWAY FROM CENTRAL….AND THE IMF MONITORING AND OVERSEEING EVERY SINGLE 2016 BUDGET ALLOCATION AND DISBURSEMENT TO THOSE PROVINCES IN 2016 BUDGET…TO ASSURE THAT THE MONEY ACTUALLY IS UTILIZED FOR WHAT IS IS APPROPRIATED FOR AND BENEFIT THE CITIZENS…INSTEAD OF STOLEN BY CROOKED POLITICIANS AND MINISTRIES….IT IS A WHOLE NEW LANDSCAPE! NEVER HAPPENED BEFORE…NEVER. THE PLAYERS…RULES…AND MOST IMPORTANTLY THE REFEREES HAVE CHANGED..