Iraqi Dinar Guru opinions 1-14-16
Iraqi Dinar Guru opinions 1-14-16
1-14-2016 Newshound Guru Millionday “AsiaHawala is the first-ever mobile money service provider to launch in Iraq… pursuing a targeted strategy of enhancing the range of mobile financial and mobile commerce solutions for consumers and for business customers across its markets in the Middle East, North Africa and Southeast Asia…” A FULL RANGE OF — INNOVATED SOLUTIONS – THESE ARE FINANCIAL THAT ARE TIED INTERNATIONALLY…WIRES MONEY INTERNATIONALLY. IMO — ECONOMICALLY IT HAS TO BE AT A RATE OF FAIR TRADE — THE INTERNATIONAL EQUATION HAS TO BE APPLIED FOR THE THE GLOBAL PRICING INDEX… THIS IS ACTION NOT TALK…IT IS LAUNCHED…
1-14-2016 Newshound Guru wmawhite Quote: “Such a move towards acceptance of the obligations under Article VIII of the IMF’s Articles of Agreement will send a positive signal to the investment community that Iraq is committed to maintain an exchange system that is free of restrictions and MCPs for current international transactions and thus facilitate creation of a favorable business climate.” MCP…..Multiple Currency Practice…The auctions are required because of the MCP…More than one currency on the street. there is an agreement… again, announced by the IMF that Iraq will move forwards removing the MCP…dual currencies…leaving the IQD as the only currency. they have no reason not to tell the world…Iraq wants the world to recognize their efforts…everyday we see proof that it is getting done.
1-14-2016 RUMOR Guru EXOGEN [What exactly is holding this RV up?] THERE IS NOTHING HOLDING ANYTHING UP. THERE HAS JUST NEVER BEEN A SET OR CONFIRMED DATE FOR IT TO TAKE PLACE AND THERE IS NO SUCH ANIMAL AS A BACK WALL DATE. EVERY YEAR IQD LAND IS LED TO BELIEVE THAT THE BUDGET AND BUDGET RATIFICATION AND TAXES AND TARIFFS MEAN RV/RI AND THAT IS NOT THE CASE.
1-14-2016 Newshound Guru Adam Montana […do you expect anything worthwhile to come out of the parliament meetings on the 16TH and the 19TH.] YES – if not an actual RV, then at least some clues as to the path we’re on. I’m very excited to see what we hear in the next 7-10 days.
1-13-2016 Newshound Guru Adam Montana I mentioned last week that we were looking forward to the 16th and the 19th. That hasn’t changed. What we are seeing in the news feed, though… THIS is very encouraging in my opinion! It’s real simple – Iraq is throwing news at us faster than the Google can even translate it. The news is this: 1. We have no plans to change the exchange rate. 2. We plan to change the exchange rate. And after you get done reading 17-29 poorly translated articles, suddenly you realize one more thing…there’s nothing else in the news. Whaaa?! YEP, that’s right! You’re all smart enough to figure this out! I’ll end my update with one small caveat – there’s a chance that we’re not going to see anything happen. Ever. But there’s also a good chance that we’re watching history right now. I’m loving this ride.
1-13-2016 RUMOR Guru Mnt Goat There is much news and it is all progressing nicely… It is my opinion that Iraq is still moving to late January/early February target dates for some reason. We are also being told now they want to conclude ISIS fighting in region of Mosul by end of month too. WOW! They have told us targets for HCL, General Amnesty law, Federal Council law also in this timeframe. Remember that even though we see signs that these laws may be already in the implementation stage they are not “official” until parliament passes them, Masuam ratifies them and they are posted in the gazette. Just recently we learned about a “Comprehensive Reconciliation” law now being drafted by the council of ministers. This law also is expected to peep its head into parliament at the end of the month. This one we will have to watch carefully too.
1-13-2016 Newshound Guru Kaperoni Article quote: “A member of the Economic Committee in the House of Representatives Ali Sobhi al-Maliki said his committee held a meeting with Governor of the Central Bank of Iraq, where the latter stressed that it is not possible to raise the value of the Iraqi dinar against the dollar.” IMO this is a great article because even though they can’t at this time, they are confirming (of sorts) that the plan is to raise the value of the dinar.
1-13-2016 Newshound Guru OOTW WE HAVE A NOTICE FROM PM ABADI THAT THE PRIVATE SECTOR PLAN WILL BE IMPLEMENTED… ARTICLES HAVE STATED, OVER AND OVER, THAT THE GOI HAS TO GET ECONOMIC AND MONETARY PRACTICES IN ORDER, AS PART CONDITION OF THE IMF LOAN. THIS IS ALSO WHY THE MINISTRY OF TRANSPORT IS PREPARING THE IRAQI PORTS AND ALL DIVISIONS OF TRANSPORTATION TO EXPORT GOODS (IMPORT AS WELL). THE MINISTRY OF TRANSPORTS PRESS RELEASE IS STATING THAT BY GETTING THE EXPORTS AND IMPORTS GOING, BY IMPROVING THE PORTS CONDITIONS – WILL GENERATE REVENUE THROUGH THE TARIFFS. AND THE MINISTRY OF TRANSPORT IS SAYING WE’RE GETTING READY TO GO INTERNATIONAL.
1-13-2016 Newshound Guru OOTW …MOST COUNTRIES ECONOMISTS STATE THAT TO SPARK GROWTH IN EXPORTING, THE VALUE OF A CURRENCY NEEDS TO COME DOWN, IN ORDER TO GET OTHER COUNTRIES ABLE TO AFFORD THE GOODS COMING FROM (IN THIS CASE, IRAQ) OTHER COUNTRIES – TO MAKE IT AFFORDABLE FOR THE PEOPLE TO AFFORD THEM. SO…THE STUDY OF THE DINAR EXCHANGE RATE IS STILL CONTINUING AND WE AWAIT A RESULT – WHICH I DO BELIEVE, WE WILL (RELATIVELY) SOON SEE. THIS IS ALL COMING TOGETHER…