Iraqi Dinar Guru opinions 3-3-16
Iraqi Dinar Guru opinions 3-3-16
3-3-2016 Intel/Newshound Guru Poppy3 IT IS OBVIOUS TO ME AND ALL THE NEWS THEY HAVE MADE FAST PROGRESS AND ARE STILL TRYING TO BE GLOBAL WITH THEIR CURRENCY, BONDS ETC AS FAST AS POSSIBLE. THERE’S ABSOLUTELY NO REASON FOR ALL THE MOVES AND URGENCY EXCEPT TO GO GLOBAL WITH THEIR CURRENCY.
3-3-2016 Newshound Guru Millionday [still no article 8?] ALL I CAN SEE IS COMPLIANCE ON WHAT THEY HAD TO HAVE DONE — BUT NO ANNOUNCEMENT OF THEM BEING IN ARTICLE 8 YET.
3-3-2016 Newshound Guru Kaperoni [I thought they signed the bill that investors will be able to get their money out of Iraq if they choose to do so.] …there is no restrictions on foreign exchange in Iraq (other than IMF Article XIV) which in itself does not prevent, but discourages the global banking system from participation. Until laws are passed to provide deposit insurance, and the CBI transitions to Article VIII, Iraq will continue to have significant problems luring investors and investment into Iraq.
3-3-2016 Newshound Guru Tlar I…think the IMF has warned Iraq, either get rid of the corruption and become transparent or you will never be allowed to join the world economy. The few loans given recently (1.5 billion) from the WB is just enough to keep them going for another week or two but it does not solve the problem nor do I think it was intended to. It is my belief that the international community will jump in with loans and money if Abadi can GET RID OF THE CORRUPTION AND FULLY OPEN IRAQ’S BOOKS FOR THE FIRST TIME SINCE MALIKI TOOK OFFICE. Until then I think the policy is just tossing Iraq a leaky life jacket, just enough to keep them afloat until they get their act together…
3-3-2016 Newshound Guru Tlar Somebody or some entity has re-engineered this other than the Iraq… IMO. I personally think it’s a joint effort between the IMF, Britain and the US. The IMF is leading the change, the US is leading the security with Britain having interviewed and chosing the new government minister replacements. There is not enough time in a day for Abadi to have done this himself. I also think Sadr has been asked to support Abadi in any way he can. …this government takeover came together so fast, it had to have been thought out in advance especially with all the players doing their part as a well oiled, practiced team.
3-3-2016 Newshound Guru rcookie GREAT NEWS …BASRA STARTING TO TAKE THEIR 50% SHARE OF PORT REVENUES AS PER BUDGET AND CUSTOMS TARIFF APPLICATION…SHOWS CUSTOMS PROGRAM WORKING… BUDGET EXECUTING AND TRANSFER OF POWER TO PROVINCE…THAT IS WHOOOPOW WORTHY! AGAIN…HUGE…HUGE…HUGE PROGRESS…NEVER HAPPENED BEFORE…EVER…
3-2-2016 Newshound Guru Mountainman Article: “Iraq plans to claim a permanent seat on the United Nations Human Rights Council” AWESOME…YES IRAQ says Leave the (GOVNMNT) “CORRUPTION” and Interference BEHIND…As We TAKE Our (PROPER SEAT)…”PERMANENTLY” …Wait for it…… INTERNATIONALLY w/ The U. NATIONS…Another [HUGE] STEP for IRAQ towards the END GAME…So to Speak…IMO.
3-2-2016 Newshound Guru Kaperoni Article quote: “Mustafa Al Hashimi confirmed Prime Minister for Economic Affairs Dr. adviser appearance of Mohammed Saleh possibility of improvement in the degree of Iraq ‘s credit rating to a higher degree during the current year.” I don’t think that is possible unless they open the banking system and begin to work building a market economy.
3-2-2016 Intel/Newshound Guru tman23 Article quote: “…Barzani, speaking at the meeting that the implementation of reform programs and anti-corruption, emphasizing its full support to the judiciary and the integrity and financial audit…” And there you have it… The Kurds are onboard with tracking down corruption and prosecuting… The reason the Kurd region is SO IMPORTANT… You can never have a RV of the IQD without this region cooperating…And it appears they are onboard following Abadi’s changes…
3-2-2016 Newshound Guru Tlar Article quote: “the names chosen by the Prime Minister Haider al-Abadi to form a government of “technocrats”, as he emphasized that the latter kept the eight ministers from the previous selection.” These names will go to parliament between now and the end of next week and they will be approved IMO. Time is of the essence if they are really trying to hit a end of March dealine as I suspect. If they don’t drag their feet I suspect it is for a very good reason. Iraq IMO is getting ready to shed the cacoon and morph to the butterfly this month. I hope I am right.
3-2-2016 Newshound Guru Adam Montana …I am getting a little more
comfortable with my initial feeling that our next movement is going to be tied to the price of oil. Here’s the good news: I try to avoid it, but a lot of people ask me every week to make a prediction. Will it happen… This week? This year? EVER?! Today is probably as close to a prediction as you’ll ever get from me. It’s not a date, or a rate, but here it is. It’s my opinion that right now, we have been close to the “bottom” of the price of oil for a reasonable amount of time. We haven’t seen any movement on the HCL recently, and I think it’s because they are watching oil just like the rest of the world. Now, I could be wrong… and this is very early to get too excited.
3-2-2016 Newshound Guru Adam Montana If I’m right, and we are at the bottom of the decline…that…might be showing us EXACTLY what we want to see! I can’t claim to know how long we’ll stay at the bottom… but my guess is at least a week, maybe a little longer. That’s going to show true solid stability. We might have less than 6 months, and probably less than 2 months, if this article is meaningful: “…Mohammed Saleh possibility of improvement in the degree of Iraq ‘s credit rating to a higher degree …stressing that high oil prices and the gradual recovery that would contribute to the progress of the degree of Iraq ‘s credit rating…He explained that the agency conducted a review of the degree classification every six months ” I am pretty confident we’re not going to see HCL progress until oil proves it has hit bottom and is ready to climb again…
3-2-2016 Newshound Guru OOTW OVER THE PAST MONTH, I HAVE SEEN SEVERAL GOVT PRESS RELEASES NOTATING THE WORK OF THE FINANCE COMMITTEE, FOR ONE, WORKING ON THE LAUNCHING OF THE PRIVATE SECTOR… THE CBI IS STATING THAT THEY NEED TO ACHIEVE PRICE STABILITY FOR THE DINAR IN ORDER TO LAUNCH AND SUPPORT THE PRIVATE SECTOR. THEY’RE GOING TO MAKE SURE ALL OF THE BANKS ARE WORKING TOGETHER WITH THE SAME GUIDELINES. YESTERDAY, WE SAW ARTICLES STATING THAT THE AMNESTY LAW IS NOW REVISED AND READY TO BE PRESENTED TO THE HOR.
3-2-2016 Newshound Guru OOTW ALSO REMEMBER THAT THE GOI HAS BEEN WORKING FOR ALMOST TWO YEARS NOW TO REVIEW ALL OF THE PREVIOUS YEARS BUDGETS…AND REMEMBER THEY NEED TO DO THIS TO SHOW TO THE IMF/WB/UN WHAT’S GOING ON WITH THEM – TO BE COMPLIANT – ANOTHER GREAT INDICATION OF FORWARD MOVEMENT…I LIKE THIS, ESP COMBINED WITH THE DEMONSTRATIONS, THE CABINET RESHUFFLE, THE LETTER OF INTENTION FROM THE IMF, THE ADDRESSING OF DAASH IN MOSUL (HARD AND HEAVY AT THE MOMENT, AS IT SEEMS FROM THE NEWS)…WE HAVE SOME INTERESTING ISSUES CONVERGING, IT SEEMS.