Iraqi Dinar Guru opinions 2-12-16
Iraqi Dinar Guru opinions 2-12-16
2-12-2016 Newshound Guru Millionday …REMEMBER THE STEPS THAT IRAQ IS EXPECTED TO TAKE THIS MONTH. THE STEPS ARE A LONG LIST BUT ACCORDING TO THE IMF AGREEMENT FOR IRAQ TO HAVE DONE BY THE END OF THIS MONTH DUE TO THE PLANNED MOVE TO ARTICLE 8 — THEY HAVE TO PEG WITH THE US DOLLAR — REMOVE DISTORTED EXCHANGE RATES FOR INTERNATIONAL CURRENCIES TO BRING IN INVESTORS…THE LIST GOES ON — IT IS VERY LONG WITH MANY MANY DONE.
2-12-2016 Intel Guru SteveI [I trust Steve’s info that Mosul must be free before any currency revaluation.] …my information is very accurate. I have verified this from many sources. You simply cannot introduce new lower domination’s of currency to banks in an ongoing war zone, especially Mosul which is in the heart of the Kurdistan region.
2-12-2016 Newshound Guru wmawhite [With the MOU in mind, and the end of Feb target date for Article 8, etc…With the dissatisfaction with the finance minister and IMF mandates not being followed…Is that Feb timeline in jeopardy?] No where is it in any IMF document that the end of February 2016 is a target date for Article 8. However, it is easy for us to tie the two together. For those folks who have studied the Technical Letter of Agreement and MoU…it is very obvious that the IMF, GOI and CBI are shooting for a major event in the near future…IMO…and that is in keeping with what they told the world that Iraq is expected to join the economy market during the 1st half of 2016.
2-12-2016 Intel/Newshound Guru Poppy3 …I CAN TELL YOU SECURITY AND ISIS ARE NOT A HOLDUP…BECAUSE ISIS IS NOT OR NEVER HAVE BEEN IN CONTROL OF ANYTHING IN IRAQ…NOT ONE OIL FIELD…NOT ONE DAM…NOT ONE BANK…ALL MADE UP NEWS TO MAKE THE NEW MORE SENSATIONAL. YES IRAQ HAS PROBLEMS INTERNAL AND SOME MISGUIDED MANAGEMENT BUT THEY ARE GETTING IT CORRECTED FAST TO MEET DEADLINES OUTLINED TO THEM FOR COMPLETION OF THEIR FINANCIAL REFORM TO CONTROL INFLATION, GROW ECONOMY, HEAD OFF INFLATION, AND INCREASE THEIR GDP. ALL PROGRESS IS IN THE RIGHT DIRECTION AND AS LONG DAILY WE ARE NOT STATUS AND MOVING FORWARD WE WILL GET TO THE NEW RATE…
2-11-2016 Newshound Guru Adam Montana [What do you think of some…talking about Iraq “calculating” rates with the IMF for the RV? Is this an actual process?] The IMF has no authority over an RV rate, date, or anything else. BUT there are a few people in that organization that would have insight or influence on some small aspects that could have a slight impact on how successful Iraq is with an RV, so…yes, this is possible and even probable.
2-11-2016 Newshound Guru Kaperoni Article: “Director General of the General Administration of Customs, Mr. Kazim Ali Abdullah dialogue on the application of the customs tariff in Iraq outlets ” Quote: “Mr. Director General of the General Administration of Customs also said that the customs tariff and a national duty by everyone and it’s not just revenue but rather a tool of monetary policy tools and targeting many goals for the Treasury.” Inflation caused by tariffs and investment is what will raise the value of the dinar.
2-11-2016 Newshound Guru Mountainman Well IMO…IT’s ALMOST PAYDAY.
2-11-2016 Intel Guru Frank26 As a TEAM we are noticing since the start of December into January The CBI keeps announcements to themselves…In Arabic. Also Many MEETINGS…In Private environments…Like personal Palaces… Masques… Green Zone. Indeed Something is afoot.
2-11-2016 Newshound Guru Millionday Press Release quote: “Officials from national statistical offices who are involved in the compilation of price statistics in the Middle East and North Africa (MENA) region attended the workshop…The countries represented included: Afghanistan, Egypt, Iraq, Jordan, Lebanon, Pakistan, Sudan, and West Bank and Gaza.” THE IMF HELD THE WORKSHOP TO ASSIST THE MIDDLE EASTERN REGION IN –THE PRICE INDEX–. [so the countries in the meeting were picked because they need to have a level playing field with each other?] IT DID NOT SAY IN INK — HOWEVER THEY ALL WERE THERE TO LEARN EITHER THE NEW POLICIES OR CALCULATION OR LEARN WHAT THEY ARE DOING WRONG OR LEARN HOW TO APPLY ETC — SO VERY INTERESTING THAT 8 COUNTRIES WERE INCLUDED…
2-11-2016 Newshound/Intel Guru BGG Article quotes: “…announced that the Ministry of Commerce, said that next week will see the opening of the second Iranian specialized exhibition on the land of the Baghdad International Fair…for a period of 16 – 19 of February…” [So how close does all this get us to the RV? What else has to be done?] IMHO – we are already VERY CLOSE. Iraq has very few options. The IMF is in an advisory role. THEY KNOW..