Iraqi Dinar Guru opinions 2-1-16
Iraqi Dinar Guru opinions 2-1-16
2-1-2016 Newshound Guru Millionday …FEW DAYS AGO ABADI WAS GOING TO MEET WITH IMF AND THERE WAS TO BE AN ECONOMIC MEETING IN SWITZ — THIS IS AN ANNOUNCEMENT FROM ABADI`S OFFICE CONCERNING THE RESULTS: “we have coordinated with the Bank and the International Monetary Fund to develop a plan to overcome the financial crisis.” IT APPEARS THAT A PLAN HAS BEEN CREATED TO BRING IRAQ BACK TO A HEALTHY ECONOMY. SO AS WE SEE THEY ARE MOVING FORWARD WITH THE WORLD BANK AND THE IMF IN IRAQ TO OVERCOME THE FINANCIAL CRISIS IN IRAQ.
2-1-2016 Newshound Guru tlm724 Article quotes: “Oil Minister Adel Abdul Mahdi, in his speech at the forum that there is a national agreement on the importance of re-establishing national oil company, according to a deliberate steps legally and economically to return to the normal situation for the oil sector…and that is every citizen shares in this company…and the law of oil and gas that will be passed” thats very encouraging…in line with what came in the Iraqi constitution, the people are going to get their share of the oil profits finally! *hallelujah* awesome to see them move forward!!
2-1-2016 Newshound Guru firefly The HCL is NOT a requirement for any currency shift. When the border tariffs are activated I’m pretty darn sure we will see what we have been waiting for!
2-1-2016 Newshound Guru rcookie I WAS READING SOME COMMENTS ABOUT THE WARKA BANK ANNOUNCEMENT…SOME THINKING THE INTERNATIONAL CURRENCY MEANT RATES. [well it is an international bank.] IT IS…BUT 1 OF THE LARGEST PRIVATE BANKS IN IRAQ…THAT WAS PUT UNDER “GUARDIANSHIP STATUS” IN 2013 TO SUPERVISE THEIR INSOLVENCY…AFTER REHABILITATION & RESTRUCTURING…THAT GUARDIANSHIP WAS LIFTED THE OTHER DAY..ALLOWING THEM TO RE-ENGAGE IN BANKING ACTIVITIES INCLUDING THE AUCTIONS…AND VERY IMPORTANT IN REGARD TO THE MASSIVE BANKING SECTOR SHAKE UP GOING ON AS WE SPEAK…WITH THE PRIVATIZATION OF THE 2 BIG STATE BANKS.
2-1-2016 Newshound Guru rcookie [when do you think these auctions will stop?] WHEN THE CBI & IMF FEEL THEY HAVE THE DIRE LIQUIDITY CRISIS WE READ ABOUT EVERY DAY IN A TENABLE STATE FOR THE NEXT STEP…THEY NEED CURRENCY…THE NEXT STEP WILL BE SOPPING UP THE USD FROM THE MARKET AS THEY TRANSITION FROM MCP…AND RETAILERS USE IQD FOR PURCHASE TRANSACTION PROCESS… [I thought they were trying to dry up the dollar already?] THEY ARE..BUT…LIQUIDITY IS DIRE.
2-1-2016 Newshound Guru Butifldrm [new Guru] In Iraq always the cart before the horse…you would think that giving the citizens more buying power would help offset the tariffs. I’m thinking from the articles that I read, that the government thinks the tariffs/taxes will not affect the average citizen… the majority of people are on ration items and they live a meager existence. What everyone has to understand…there is no going back on the tariffs…they are signed into law and into the Gazette through the budget.
1-31-2016 Newshound Guru Millionday Article quote: “The spokesman for Prime Minister Saad al-Hadithi, Saturday, that the Iraqi government has informed on the Kurdish delegation to visit Baghdad on Sunday and will discuss the distribution of wealth…” WE LOOKED AT ALL OF THE ECONOMIC PORTIONS OF THAT MEETING AND IT WAS IMO VERY OBVIOUS THAT WITH THE SIGNING OF THE AGREEMENT AND THE RESULTS TO BE MOVING FORWARD WITH REFORMS — THE KURDS COMING TOMORROW TO DISCUSS THE WIRING OF FUNDS IS QUICK AND ONCE AGAIN SHOWS URGENCY…IT IS EXCITING IMO.
1-31-2015 Newshound Guru wmawhite Remember, the biggest impact of the Investment Laws is the removal of the exchange restrictions, i.e. money entering Iraq and leaving Iraq…this issue, IMO is that the ISX is on the verge of tying into the other 23 country trading platforms…”entering the markets”. IMO, the HCL is a budget issue and has zero to do with Iraq entering the markets with an international recognized currency. Remember, did the IMF MoU say anything about the HCL? Answer: no.
1-31-2016 Newshound Guru tlm724 Article quote: “Called on the Parliamentary Finance Committee member Masood Haider, on Friday, the government sale of property to the state “luxury”, including the palaces of former President Saddam Hussein’s regime to supplement the general budget, noting that the sale of these properties Sarphi budget by 100 – $ 150 billion.” anyone who says this is irrelevant is a fool! this is big stuff…it really could make a huge difference going forward!
1-31-2016 Intel/Newshound Guru Poppy3 AGAIN I REMIND ALL OF YOU THE RV IS A FOREGONE CONCLUSION…NEWS WILL CHANGE BUT THE RESULTS WILL BE A NEW RATE ON THE DINAR. WE ARE WINNERS.
1-31-2016 Newshound Guru wmawhite Again…I see information that supports my belief that this investment is coming to a close this year…and sooner than many think.