Iraqi Dinar Guru opinions 1-29-16
Iraqi Dinar Guru opinions 1-29-16
1-29-2016 Newshound Guru Bondlady I did see something today that could be a game changer for us all…you see the IMF keep saying…that they are not negotiating with Iraq per loans at this time right? Article: “Officials expect revenues exceeding $100 billion from the sale of 600 thousand state-owned property” its been in the news…Iraq gov gonna sell off some properties and land to fill the deficit. whats the deficit like $ 20 billion? if they do this sale they will receive in excess of 100 billion dollars USD approximately according to their news… the CBI reserves are like 58 billion or so right as of now? add a 100 billion USD to that after this sale… what if the sale of this real estate was so big a 100 BILLION big…that it made their reserves almost 160 billion hmmmm USD riddle me that batman lol. think of the repercussions of that huge reserve amounts and to their exchange rates as well as economy and businesses to jump start all the factories and industries…I could see they could set a nice rate or possibly reinstate it but as usual you have to wait it out.
1-29-2016 Newshound Guru Adam Montana [What else is needed for Iraq to RV other than HCL being passed/approved and in the Gazette? In your opinion (any news from your contacts) do you think Iraq will RV their currency in 2016?] When it comes to the DATE, such as a 2016 chance… I’m currently watching the OIL, which should give us a nice starting gun to begin the HCL race, and the finish line is RV!
1-29-2016 Newshound Guru wmawhite As told to us by the IMF…Iraq will/expected to join the economy market during the 1st half of 2016…at that time the IQD will be international…everything we are seeing is in response to those expectations. Otherwise, why do them…they could just do nothing and stay with the USD and stay poor for ever. Every detail that is in the works for this to happen was outlined in the Technical Letter of Agreement/MoU…IMO there are no other required laws for Iraq to join the markets…we can only believe that the value will change because as it enters the market it will have a “rate”. And they will never survive at 1182. [Not even at 1:1.] I can agree with…that.
1-29-2016 Newshound Guru firefly Items that needed to be completed …were… Not all…most. There is one more timeline I’m looking at…Not necessarily for the currency shift but an obligation…though nobody knows the date it can now literally happen at any time.
1-29-2016 Newshound Guru tlm724 Article quote: “Finance Committee and talked about the possibility for the government amounted to $ 150 billion from the sale of real estate State.” That is saying it could possibly be up to $150 Billion dollars! …it is awesome to see some news to get excited about. It is also great to see Iraq think outside the box about selling off this real estate instead of beggin with their dirty hands out lol. …I am sure it came at the urging of the IMF! I am not ashamed to admit that I was shocked at these numbers, that is a boat load of dough and could very well have a huge impact on our investment.
1-29-2016 Newshound Guru Kaperoni We all have our opinions on when the process can begin. I tend to believe the ones in the trough working on the plan. And that is the IMF and CBI. They have made it very clear that Iraq will open to the market first half of 2016. To me, that means Article VIII and freedom of movement of capital will begin within the next 4-5 months. It is do-able IMO, but Iraq needs to continue to make progress each week, getting the banking system up to date, signing agreements, passing laws, etc. We must be reminded that oil revenues are not sufficient to meet the budget (and most importantly the salaries of government employees). This is the motivation to push forward the market economy as soon as possible.
1-29-2016 Newshound Guru Kaperoni I have talked to several experts in the field of security in Iraq, and discussed the conditions and whether or not it plays a part. First off, the answer at this point was no. That 75% of Iraq is stable and secure and waiting on investors including the Kurdistan region. And second, was that the banks and money in the terrorist areas (mainly Nineveh Province) have been written off as a loss. That is probably one of the reasons they simply decided to bomb the banks in that area. So the point I am making…is that it may have some part in the delay, it does not seem to be a concern to those who understand what it takes to get this plan rolling forward.
1-28-2016 Intel Guru Frank26 [via Aggiedad77] Iraq and Iran are following the same mirror image of their monetary reforms…the only difference is one is on a conveyor belt and one is just walking. World currencies contributed to Iraq, not to Iran…and only the CBI…said we will increase the value of our currency soon…well now Iran is saying it…sure because their sanctions are finally being lifted…but that is exactly what happened with Iraq…their sanctions were lifted…we are going to lift the value of our currency…well do it… …on the 31st of January Iran is going to restart the SWIFT system… You do know that Iraq is already in the SWIFT system right…it’s like every little step that Iraq takes Iran is taking it also. Iran is showing you everything, but Iraq refuses to…yet they walk together towards a simultaneous goal.
1-28-2016 Newshound Guru Aggiedad77 Article quote: “…in the annual Transparency International report applies 100% on the ground, as charged former Prime Minister Nuri al-Maliki responsible for the theft of money of the Iraqi people. ” What a shame, Maliki has been out of office…that of PM for a year and a half now, and yet the wounds that he inflicted upon the Iraqi people continue to bleed almost unchecked it would seem…his corruption and graft were so rampant…so obvious….and such a detriment to the very lifeblood of his country…the citizens…clear evidence of how no shame can be so evil and turn a blind eye on humanitarian needs…May his days of freedom be numbered… may the Iraqi citizens recoup what he stole from them….may Iraq rise in strength once again as a crossroads of the world.
1-28-2016 Newshound Guru Enorrste “CBI adds Economic & Statistic Data CBIESD” I went to this new site and looked through it. In the Financial Sector under currency I found that 90% of the currency issued by the CBI is located outside of banks. The banks only have 4 trillion dinar out of a total money supply of 40 trillion dinars. No wonder there is a liquidity crisis within the country. Hopefully the issuance of larger notes and gold coins will flush out most of this money and get the ball rolling toward a free floating currency.
1-28-2016 Newshound Guru Kaperoni “CBI adds Economic & Statistic Data CBIESD” It is very clear, the CBI had created the website…to document the statistics needed for international banking and guidelines. Once it was done, tested, it was integrated into the main CBI site as of today. There is some real significance to this site. First the site was sorta (underground) for a period of time as they prepared and published the information. To connect it with the main site (cbi.iq) today, tells the world about this site. Second, this kinda reporting is a requirement for international commence. The IMF has talked in the past about reporting systems, etc in Iraq and the need to improve. I think we can safely say that this new information is a real step forward towards compliance with the global banking system. It seems like another piece of the puzzle and a clear step towards the end goal.
1-28-2016 Newshound Guru Administrator Bob “CBI adds Economic & Statistic Data CBIESD” Today, the CBI integrated a statistical website that was under development into the main website. This appears to be a very significant and important step towards international compliance.
1-28-2016 Newshound Gurus rcookie & firefly IMF PUBLISHES LIST OF 10 WORST ECONOMIES IN THE WORLD: 1. YEMEN…2.SIERRA LEONNE…3. VENEZUELA…4. GUINNEA…5, UKRAINE…6. BURUNDI…7. LIBYA…8. SOUTH SUDAN…9. BRAZIL…10…RUSSIA. Every one of those countries has a higher value than Iraq! Imagine that. How can Libya of all places have a higher currency value!
1-28-2016 Newshound Guru Millionday AFTER COUNTRIES GO THROUGH WAR — THE REBUILD BRINGS FUNDS AND INVESTORS ACCORDING TO HISTORY AND LOGIC. SO AS WE HAVE BEEN SAYING FOR YEARS — THE OPPORTUNITY IN IRAQ IS HUGE FOR INVESTORS AND ALSO EMPLOYMENT ETC.