Iraqi Dinar Guru opinions 1-27-16
Iraqi Dinar Guru opinions 1-27-16
1-27-2016 Intel Guru SteveI Article: “Association of Iraqi banks sign a partnership agreement and exchange of experiences with the Union of Arab Banks” Quote: “…this will be the biggest opportunity in order to open the door for investment in Iraq’s banking sector.” Things are really starting to line up and this is yet another great article. I love where all of this is headed. I do believe we all know what that is. [This my friends is going to be GREAT year!] I am sure it will be an AWESOME year!!
1-27-2016 Newshound Guru Aggiedad77 …just what its the value of Iraq’s resources… I seriously think they may not know…as for the oil, I have said for a number of years, their seismic information is or has been very old and outdated…unless they have paid for new surveys I doubt there have been any updates…and it’s my opinion that they have hardly scratched the surface to know what their true reserves might be…their precious metals and minerals are largely untapped and unknown as well…true value…who knows.
1-27-2016 Newshound Guru rcookie IRAN BACK IN BUSINESS WITH SWIFT AS OF JAN 31ST! SWIFT IS INTERNATIONAL BANKING & FINANCIAL COMMUNICATIONS PLATFORM….SHUT OFF BY EU DIRECTIVE IN 2012…THEY STARTED THIS JCPOA PROCESS ON THE 16TH…AND WILL BE FULLY ENGAGED BY THE 31ST…THE IRAN CENTRAL BANK GOVERNOR HAS MADE STATEMENTS TOWARD POST SANCTION CURRENCY VALUATION CHANGE AFTER REACHING CERTAIN INFLATION GOALS …ETC. THEY JUST SIGNED… OVER THE WEEKEND $60 BILLION TRADE AGREEMENT WITH CHINA…SO IF IRANS RE-ENTRY AND CONNECTION TO GLOBAL MARKET…IS RELEVANT IN IRAQS ACTIONS AND URGENCY…YOU HAVE DATES. NOBODY SAYING IT IS THE IMPETUS OR TRIGGER FACTOR…JUST A RELEVANT REGIONAL INDICATOR…GIVEN THEIR HISTORY AND TRADE RELATIONSHIPS…
1-27-2016 Intel/Newshound Guru Backdoc AS WE ALL KNOW WHEN THE IMF SPEAKS THEY ALWAYS TELL THE TRUTH. WHEN THEY MENTIONED EARLIER THAT IRAQ WILL RE-ENTER THE WORLD IN THE FIRST HALF OF THE YEAR I BET YOUR MIND WENT DIRECTLY TO THE RATE OR THE MONEY ISSUE… ONCE I THOUGHT ABOUT IT…ENTERING THE WORLD MEANS MORE THAN JUST A CURRENCY! TRADE AND SHIPPING IS A MAJOR GOAL OF IRAQ TO PROPERLY AND FULLY ENTER THE WORLD!
1-27-2016 Intel/Newshound Guru Backdoc ANOTHER POINT TO NOTE IS A FEW DAYS AGO WE SAW IRAN’S STOCK MARKET RISE A THOUSAND POINTS IN ONE DAY…BACK IN MARCH…2015 WE SAW IRAQ’S STOCK MARKET SHOOT UP A THOUSAND POINTS AS WELL! THE INTERESTING POINT WAS, THE MARKET WAS CLOSED WHEN IT HAPPENED IN IRAQ! I BELIEVED IT WAS THE STOCK MARKET READJUSTING THE STOCK VALUES REFLECTING THE ZEROS BEING DROPPED! AND NOW IN HIND SIGHT IT WAS JUST THAT! THEY ARE MAKING ALL THE PREPARATIONS NEEDED FOR A FEBRUARY LAUNCH…WE KNOW THEY WILL LAUNCH TOGETHER AS IRAN SAYS! THEY WILL JOIN THE WTO TOGETHER…THE TIMING OF THEIR RE-ENTRY TO THE WORLD WILL BE TOGETHER! THEY WILL QUALIFYING FOR THE 90 DAY REQUIREMENT, TOGETHER!
1-26-2016 Newshound Guru OOTW WE KNOW THAT ARAB TRADE AGREEMENT HAS BEEN ACTIVATED AND APPROVAL GIVEN TO ACTIVATE ALL CROSS BORDER TRADE WITHIN ARAB COUNTRIES. HOW MANY COUNTRIES SURROUND IRAQ WITH A CURRENCY OF LOWER VALUE THAN THE DINAR? WELL, OBVIOUSLY, IRAN FOR ONE. IN MY RESEARCH I KEEP RETURNING TO THE CONNECTION BETWEEN IRAQ AND IRAN. THEY DO USE EACH OTHERS CURRENCIES AND IRAN IS THEIR PRIMARY TRADE PARTNER. SO…THIS BEGS THE QUESTION FOR ME (OVER AND OVER) DO WE HAVE TO SEE A CHANGE IN IRAN’S ECONOMY (ALSO MONETARY POLICY) IN ORDER TO SEE CHANGE IN THE DINAR?
1-26-2016 Newshound Guru OOTW I SEE SO MANY PARALLEL ACTIVITIES NOW BETWEEN THE TWO COUNTRIES. ACTIONS THEY ARE TAKING WHICH MIRROR EACH OTHER…ACTIVATING ELECTRONIC BANKING. FOR IRAQ – APPROVAL TO ASCEND FROM BEING AND OBSERVER IN THE WTO, TO FULL MEMBERS. IRAN – REJOINING / RE ACTIVATING THEIR FULL MEMBERSHIP. PARALLEL ACTIVATION OF ANTI MONEY LAUNDERING LAWS…INVESTMENT INTO THEIR ECONOMIES FROM OTHER COUNTRIES…GETTING BANKING STANDARDS (IN ALL AREAS) UP TO PAR FOR THE INTERNATIONAL COMMUNITY. WHEN I RESEARCH IRAQ GOVT PRESS RELEASES, I SEE MENTION THAT IRANIAN COUNTERPARTS IN ATTENDANCE AT THESE ECONOMIC/GOVT MINISTRIES MEETINGS.
1-26-2016 Newshound Guru OOTW THEN I THINK ABOUT WHAT…MALIKI DID ALL THOSE YEARS, GIVING MONEY TO IRAN AND HOW MONETARY REFORM WAS OVERTLY STOPPED BY HIM. WHY WOULD HE NEED TO DO THAT IF HE WASN’T COWTOWING TO IRAN’S SANCTIONED ECONOMY AND CURRENCY? …I DO THINK THAT THEY’RE GOING TO DO THEIR BEST TO OVERSEE AND ENFORCE MONETARY REFORM IN IRAQ. IT’S JUST TOO COINCIDENTAL TO ME THAT THIS IS ALL HAPPENING NOW SINCE IRAN GOT THE APPROVAL LAST SUMMER TO COME OUT OF SANCTIONS. SO I WATCH THESE COUNTRIES DEVELOPMENTS WITH GREAT INTEREST AND NO MATTER HOW MUCH ABADI DENIES THE CONNECTION, THERE IS ONE…AND I DO THINK ABADI HAS GOOD INTENTIONS.
1-26-2015 Newshound Guru Breitling Does the IMF control the situation in Iraq with their currency because of the loan they gave out? So I started doing my research to look at any article that came out…Come to find out there is none. There is nothing out there that says anything…That’s why we go by the numbers. What the IMF can do and the way they’re structured… The IMF gives out loans to emerging economies or economies that are in emergency. Let’s say Iraq’s plan is to get to a buck (that’s true by the way, their plan is to get to $1.17) well the IMF because of the management rights they have because of the loans…if they needed to add value to that currency to get their loan back it’s only a small percentage like 26-27% and even more any country they get involved with it’s almost the same formula they use with every country
1-26-2016 Intel Guru Frank26 The IMF is working with Dr. Shabibi…the IMF is working with the CBI. …from the IMF…”The Government Will Gradually Remove Remaining Exchange Restrictions and Multiple Currency Practices with a View to Eliminate Rate Distortion”…come on man…how much clearer can that be…the government will gradually remove remaining exchange restrictions…those things are preventing us from moving from a program rate to an international rate…
1-26-2016 Intel Guru SteveI [there sure has been some very telling articles about what Iraq is doing and how they are doing it to join the globe…along with how they will back their currency…its as if they are driving the field for a touchdown and they are now on the 10 yard line…lets do this Iraq.] Great analogy, as long as there is no fumble or interception on the final few plays. The finish line is near!
1-26-2016 Newshound Guru wmawhite “how close are we?” …the IMF told you how close you are. [THIS CAN GO AT ANY TIME?] Yes, at any time. …every day we read where Iraq is not waiting…they are doing/accomplishing those items that must be done prior to entering the markets. Again, IMO. there is not waiting, there is no delay, it is coming.
1-26-2016 Intel Guru SteveI [Looks like things are moving in Mosul? Is that still the key?] For the most part, yes. The country has to be secure.
1-26-2016 Newshound Guru rcookie THEY ARE FIGHTING THE BIGGEST WAR ON TERRORISM IN HISTORY OF MANKIND… IMPLEMENTED COMPREHENSIVE SOCIAL…POLITICAL AND ECONOMIC REFORMS AT ALL LEVELS…IMPLEMENTED…SALARY LADDER…HIRING FREEZES…SUBSIDY CUTS …TARIFF IMPLEMENTATION…AND ALL AMIDST A MAJOR PRICING CRISIS TO OIL…AND MAINTAINED 2.3 % INFLATION WITH AN NON EXISTENT CURRENCY VALUE…WHAT THEY HAVE DONE…ALL UNDER SEVERELY ADVERSE CONDITIONS IS NOTHING SHORT OF REMARKABLE.