Iraqi Dinar Guru opinions 2-18-16
Iraqi Dinar Guru opinions 2-18-16
2-18-2016 Newshound Guru Breitling Iran is not going to attack Iraq. The majority of the people in Iraq are Shia and the majority of the people in Iran are Shia so there is going to be a lot of trading going on so that’s supply times velocity. That’s positive for Iraq’s economy. It’s fundamental… Articles are saying Iran is on a spending spree. They’re out buying the best jets they can get from the west so people can fly from one city to the next in Iran and they’re opening up their business world… Guess who one of their biggest business partner is? It’s Iraq. That’s positive. I don’t see anything negative coming down the road. Iraq has the massive dollar reserve so they can spend money…a percentage of their oil went down but they also gained it back on the value of the US dollar going up. They also gained because they reduced their note count. It’s really remarkable it really is. It makes me feel good…things will come to a head coming up soon…
2-18-2016 Intel/Newshound Guru Backdoc TONIGHT I WANT FOLKS TO PUT IN PERSPECTIVE WHERE WE ARE IN THIS GAME OF MONETARY REFORM. THE IMF TOLD US IRAQ WOULD ENTER THE WORLD IN THE FIRST HALF OF THIS YEAR, SO UNLESS THEY TELL US DIFFERENT YOU CAN TAKE THAT TO THE BANK BECAUSE THEY ARE ULTIMATELY IN CONTROL AND ALWAYS TELL THE TRUTH! WHY DOESN’T IRAQ COMPLETE ITS REMAINING LAWS? WELL FOR ONE IT’S BECAUSE OIL PRICES NEED TO BE HIGHER! TODAY WAS A HUGE PUSH TOWARDS THAT REALITY! FOR SOME TIME NOW IRAQ HAS BEEN READY! IRAQ COULD HAVE FINISHED LONG AGO BUT IRAN, S.A., AND RUSSIA WOULD NOT HAVE BEEN READY! THATS WHY THE IMF SAID THE FIRST HALF OF THE YEAR! WHEN WILL WE SEE THIS ON OUR LEVEL? HOPEFULLY SOON …
2-18-2016 Intel/Newshound Guru tman23 The chatter is…during the Abadi reshuffle the government may move into a caretaker status government until the approval and seating of technocrats… Does make sense as Parliament and Political heads have given approval for Abadi reforms…And the 90 day “mini dictator” would work quit well to squash any immediate problems that arise thus avoiding the red tape political road blocks… AND the same appears to be taking place inside the KRG… As one article put it…Save the country or Save the government? Those were the 2 choices.
2-18-2016 Intel/Newshound Guru tman23 [so is Abadi also resigning] No…he is not resigning… My understanding is that some Ministers will released and the special committee will vett the new technocrats selected. The CoM is responsible for approving the Governor of the CBI. This scenario will be the most interesting. Basically Abadi is going to have carte blanch for a short period.
2-18-2016 Intel Guru Frank26 They have told you again…and again what they are doing with their currency…they just haven’t told you when…and yet they have narrowed it down because the IMF and the US went in there and said you are going to get this stuff done by the first half of this year. …to summarize…the best thing for me to tell you is that the CBI is looking over their bow for the right opportunity to take that shot…and you don’t see much if anything from the CBI…you are seeing everything from the GOI because that is where the movement of the Monetary Reform is at right now. So what is the next step… LD’s…when…I would say in March. So that is why we are looking for an announcement Family…from the CBI that they are raising the value of their currency.
2-18-2016 Intel/Newshound Guru Backdoc […it is nice to see iraq and iran working together to make money…what happened to iran going global on the 18th? is that still in play or is there a delay…?] REMEMBER THOSE WERE THEIR WORDS! AND TO SOME EXTENT WE SEE THAT UNFOLDING BEFORE OUR EYES! SOMETIME BETWEEN NOW AND MID YEAR ALL WILL BE COMPLETE. BE PATIENT FOR IT TO SHOW AND CHOOSE JOY! IMO. [well it is not hard to see iran is more then ready…here is to hoping that after the cbi gets done celebrating maybe they will make time to get there monetary reforms done.] IRAQ IS NOT DONE BECAUSE ITS NOT THEIR TURN YET! SOON! SOON! IMO.
2-17-2016 Newshound/Intel Guru BGG The governor of the bank on the Keywords “The central bank is responsible for holding the currency auction Under the law, which he considers responsible for the stability of the exchange rate,” noting that “it is theoretically possible that the Ministry of Finance to conduct an auction currency, but in practical terms is possible.” Looks a lot like – to me…Alak is “beset” on all sides…over the last few days – numerous articles out about “no confidence” in him…potential removal…whatever the final outcome – there seems to be some real movement (as there has to be) on the part of the GOI against the CBI – or bad CBI policy…and corruption…looks like there is big movement underway – is this directly “Dinar-centric”? It would be hard to see where it doesn’t impact the value of the Dinar. I think there is a lot more to this story we don’t know… but Alak under the gun is good (as far as I’m concerned).
2-17-2016 Newshound Guru rcookie [This is the printed agenda. I don’t see amnesty or fed ct here…didn’t they say Thursday?] AMNESTY WAS PUSHED TO SUNDAY OR MONDAY…FED COURT TO EARLY MARCH… UNBELIEVABLE.
2-17-2016 Newshound Guru wmawhite All of this activity is IMO in support of Iraq’s move into the international currency/commercial markets. In order for Iraq to survive it’s financial institutions must be able to operate both domestically and internationally…thus all of what we are seeing. If their intention was to do nothing and continue to live off of the USD…then why bother with all of these changes… why sign agreements with the IMF…why bother telling the world that they are ready for their investments? Why? Because they are working towards a definitive date to make huge changes in their monetary system.
2-17-2016 Newshound Guru OOTW I AM STILL AWAITING THE PRESS RELEASE FROM THE PARLIAMENT SITE ON THURSDAY’S AGENDA. SOME ARTICLES STATE THEY’RE GOING TO BE DISCUSSING BIG LAWS SUCH AS THE FED COURT ACT AND JUSTICE AND ACCOUNTABILITY AND OR AMNESTY. IT SURE SEEMS TO ME THAT SINCE JOBOURI WENT TO THE US, HE CAME BACK WITH AN AGENDA OF WHAT NEEDS TO GET COMPLETED… JMHO. THEYRE SEEMS TO BE “DRIVE” FUELING SOME OF THE ARTICLES AND ANNOUNCEMENTS SINCE HIS RETURN.
2-17-2016 Intel/Newshound Guru Poppy3 NOW WE HAVE UNITED NATIONS BAN KI MOON TRAVELING TO IRAQ WITH OTHER WORLD LEADERS TO BE THERE THE FIRST OF MARCH? WHY?
2-17-2016 Newshound Guru Adam Montana I am still impressed and encouraged by Abadi’s very steady and consistent progress with so many things in the GOI…we are still miles and miles ahead of where we were a decade ago. There was a LOT to get done to get this far…We have come a long way, and I’m sure most of you realize that we’re missing one big piece right now. I’ve been harping on it for a while now. You know what it is… HCL. So the question at this point is “Will the HCL ever happen”? Well, consider one thing…the price of oil. Has the price of oil changed, or are we seeing a major reason for it to? Not really. And I don’t think this is a coincidence, but there’s also been a distinct lack of discussion on the HCL lately as well. When oil starts moving again, then HCL will ramp back up, and that’s what I’m keyed in on right now.