Iraqi Dinar Guru opinions 2-27-16
Iraqi Dinar Guru opinions 2-27-16
2-27-2016 Newshound Guru Tlar Article quote: “Thousands of supporters of the Sadrist movement, on Friday in Tahrir Square in central Baghdad, in support of the initiative of the leader of the reformist trend, while the roads leading to the square witnessed intensive security measures to protect the demonstrators.” Now that’s a show of strength. I would be willing to bet that the SOL ministers and any minister who has been stealing, that has yet to resign hoping to survive this, who are in their offices today staring at the mass of people at the wall of the green zone, will resign immediately and leave quickly through the back door. Any minister who stays past today or for that matter any block who is intending to side track these reforms, beware. The corruption’s day of reckoning is just around the corner.
2-27-2016 Intel/Newshound Guru Poppy3 …WAITING TO SEE IF THEY ACT ON THEIR REPORT ON THE FIRST. I HEARD TODAY THEY ARE STILL PREPARING FOR SEVERAL DIGNITARIES TO BE IN ATTENDANCE IN BAGDAD IN THE FIRST DAY OF MARCH. TIME WILL TELL BUT MANY ACTIONS LATELY HAVE SHOWN URGENCY TO GET THINGS COMPLETED.
2-27-2016 Newshound Guru Breitling an article came out talking about the corruption inside Iraq…it put a lot of people in panic mode. It’s real simple…the people putting this stuff out, it’s just like the United States. You have the Republicans accusing the Democrats of being corrupt and the Democrats accusing the Republicans of being corrupt…it’s the same exact thing in Iraq. There’s going to be corruption everywhere…the article means absolutely nothing. Did it change the math on the dinar? Did it change the supply times velocity? Did it change any of that stuff? No…follow the numbers.…what does it have to do with the note count? Absolutely nothing…we stay focused on the numbers.
2-27-2016 Newshound Guru Kaperoni Article: “Standard & Poor’s” proving “Iraq” rating when -B / B” Quote: “Direct: set the credit rating agency “Standard & Poor’s” Friday classified State of Iraq when B- / B despite lower oil price expectations and given a stable outlook.” No change from last time. B-…
2-26-2016 Intel/Newshound Guru firefly I am not looking at oil as most are. The IMF had told Iraq to diversify and THEY HAVE. Remember, Agriculture is just as valuable as gold is. And the CBI is overflowing with gold reserves in accordance with international standards.
2-26-2016 Intel/Newshound Guru tman23 Salih, a member of the Kurdistan Parliament has criticized the Kurdistan Regional Government (KRG) for “misleading” the public in Kurdistan and giving “contradictory speeches” regarding the cessation of the region’s oil exports. NRT TV reported…“The KRG is deceiving the public,” he said…They have recently reported there was an explosion on the oil pipeline while yesterday the KRG spokesman said bombs have been placed surrounding the pipeline…On the other hand, the Ministry of Natural Resources says the pipeline is old and will be reconstructed,” …The Kurdish MP Salih additionally claimed the Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK) have information about the region’s oil sales and revenue but they are keeping silent…Exports through the pipeline were halted Feb 16 and are unlikely to resume until Feb 29… INTERESTING, EH? PRODUCTION START UP MARCH 1ST…CAN THIS 2 WEEKS OF HALTING BE “INVENTORY” AND “OIL AGREEMENT”!!
2-26-2016 Newshound Guru Kaperoni Article quote: “…reason flotation of the Iraqi dinar, that oil imports come to us in US dollars, and when the government convert dollars to the dinar money will be available to be able to pay salaries…” Like the mention of floating the dinar…IMO if they were to float today, the dinar may very well drop in value. That being said, I don’t think the CBI has any intention to get off the peg yet. To much to do to create the economic momentum needed still. Until then we wait.
2-26-2016 Newshound Guru Adam Montana [The amnesty bill keeps being pushed back. How significant is this in the process?…] …this is a technical issue, dealing with a small portion of Iraq’s issues. The fact is very simple that they can have these problems AND a higher rate…but they will not be able to maintain the higher rate without the HCL.
2-26-2016 Newshound Guru rcookie …WHO IS RESPONSIBLE FOR THE PRIVATE BANKS PROBLEMS…IT IS THE 2 BIG STATE BANKS UNDERMINING THE PRIVATE BANK SECTOR…BECAUSE OF CONTROLLING 90% OF IRAQS ASSETS…WHICH IS EXACTLY WHY THEY ARE DECONSTRUCTING… RESTRUCTURING AND PRIVATIZING…RESTRUCTURE IS DUE BY END OF MONTH…AND WE ALREADY HAVE REPORTS OF THE NEW BRANCH & DEPARTMENTAL STRUCTURE THAT ARE ALREADY PROCESSING NEW SME REQUESTS…WOOOOOO HOOOOOOOO!
2-26-2016 Newshound Guru firefly Article quote: “Baghdad – counting and Planning Minister Ali Shukri, announced the World Bank to start implementing his plans to restructure the government banks Rafidain and Rasheed “It’s an important step was waiting for Iraq to raise the value of the dinar.” There is nothing that is currently being reported that has been mandatory for many years. I’ve had this article for years…NOTHING has changed. [I forgot what a big deal restructuring those 2 banks was…] It is absolutely huge, specially when the WB/IMF/UN are so deliberate regarding the restructure of these banks in order to put a real rate on the currency.