Iraqi Dinar Guru opinions 3-23-16
Iraqi Dinar Guru opinions 3-23-16
3-23-2016 Newshound Guru rcookie ALL OF THE INDICATORS THAT HAVE ALWAYS BEEN NECESSARY TO DRIVE AND SUPPORT ANY IQD VALUE CHANGE…THAT HAVE NEVER BEEN ADDRESSED UNTIL THIS PAST YEAR…INVESTMENT LAWS…BANKING…CORRUPTION ADDRESSMENT… INSURANCE…CUSTOMS & TARIFFS…AML/CFT COMPLIANCE…NON OIL DIVERSIFICATION…COMPREHENSIVE BUDGET EXECUTION…CONFORMITY & COMPLIANCE TO IMF/WB/UN REFORMS AND MANDATES TOWARD ARTICLE VIII DECLARATION AND WTO ACCESSION…INDICATORS LIKE THE ISX…AND PRIVATE SECTOR DEVELOPMENT FOCUS IS THE FUEL FOR THE IRAQ ECONOMIC FERRARI.
3-23-2016 Newshound Guru wmawhite The ISX spent huge $$$$ for the new trading platform that will enable it to trade with 23 other international trading platform from around the globe…they are waiting to activate it. The ISX, IMO, is the one unspoken indicator that truly shows us that Iraq intends to change the status of the IQD, as well as its value.
3-23-2016 Intel Guru Bruce WE ARE LOOKING FORWARD TO THE REST OF THIS WEEK. WE ARE RIGHT WHERE WE NEED TO BE RIGHT NOW. THIS IS AN OPPORTUNITY FOR THIS TO COME VERY VERY QUICKLY. WE KNOW WE ARE VERY CLOSE TO RECEIVING IT. EVERYTHING IS ABOUT READY TO CHANGE RIGHT NOW. NOTIFICATIONS ARE ALL WE ARE LOOKING FOR NOW.
3-23-2016 Newshound Guru Adam Montana It certainly doesn’t take a rocket surgeon or a brain scientist to see that oil is silly low right now. After you take into account for inflation, it’s even more obvious that this low rate cannot last. Now, if a bunch of numbskulls like us can easily see that oil should probably be closer to $80… don’t you think Iraq can, too? I certainly do. As I type this, oil hasn’t moved and we still haven’t seen any significant news on the HCL. The GOOD news is that it also doesn’t take a genius to grasp that oil is probably about as low as it can possibly go, which means there’s only one way for it to go from here. UP. And the GREAT news is that in spite of these ridiculously low oil prices, the CBI has maintained a very strong grip on the exchange rate, proving that they are, as always, very capable of manipulating their market how they wish. …at this time I think our motto is: “Watch the oil”.
3-22-2016 Newshound Guru wmawhite Understanding that PM Abadi is a engineer by trade and seeing how well he has made his way through the everyday mine field of Iraqi politics, I believe that he is weeks ahead of 99% of those who want him gone. Those folks are on the way out and probably do not know it yet. Again, Abadi’s brain works in timelines. For every project he starts he has already gathered the material needed, has a start line with project deadline targeted along the way…with the eventual end date. PM Abadi has already demonstrated that he is too great of a foe to have against you. I…believe that Abadi…all though extremely capable, has willingly teamed up with the IMF, WB and others throughout Western Europe and will be successful. He will succeed.
3-22-2016 Intel/Newshound Guru tman23 This week will be a political telling week in Iraq…. Some Political Blocs failed to turn over their candidates by Wednesday deadline, claiming they were not notified… Abadi is forced to turn over to committee his picks thus alienating certain blocs who are against the replacement of minister reforms… If Abadi uses this week for more delays, he will be perceived as weak and failed… Abadi needs a BIG WEEK this week… and if he hesitates, stumbles, or concedes any part of his reform…Nouri Maliki is waiting in the wings to eat Abadi’s lunch. If Abadi cannot get his chosen cabinet situated and show control… I guarantee you foreign investment is not comfortable. We have placed our chips on Abadi… And he has some better minds outside Iraq helping him maneuver around pending issues… I believe he will be successful!
3-22-2016 Newshound Guru wmawhite …This is not a big secret…Iraq wants the world to know what they are doing. This is as good as it appears. Iraq is a business, and like any business they want investors. A business will never have investors if the business is kept quiet and made a big secret.
3-22-2016 Newshound Guru OOTW …ANNOUNCEMENTS IN THIS WEEK’S GOVT THREAD FROM PRESIDENT MASSUM, PM ABADI, THE INTEGRITY COMMISSION AND THE SJC AND THE RECONCILIATION COUNCIL…ALL INDICATIONS THAT THEY’RE MOVING FORWARD TO PROSECUTE THE CORRUPT.
3-22-2016 Newshound Guru Kaperoni Article quote: …”next economic phase requires increased trading activity in the securities of the Iraqi market,” Where are they going to get this increase in activity? IMO, it must come from outside Iraq and that can only happen two ways… 1. Through custodial banking… or 2. Through making the dinar convertible worldwide (Article VIII) allowing international transactions in the ISX (since the stocks are priced in dinar). The goal seems clear for Iraq..I do not think keeping the banking system closed and the dinar pegged and working through custodial banks is the solution.
3-22-2016 Newshound Guru wmawhite …the CBI indicated that the auctions were going to be restricted to once a week…we are looking for that to change. …the auctions are similar to an IV that the Iraqi economy has needed to sustain life because they were unable to function with just the IQD. But now, that is changing. How do we know this? By just looking at what they are doing and by what the IMF, the World bank and the CBI has told us. Remember, all of these efforts to bring their financial system into the 21 century, the constant training of the employees about international commerce not unnecessary if Iraq was going to keep using the USD “IV”. Also, if Iraq could have enter the economy market while on the USD “IV” why haven’t they already done so? The entire world accepts the USD. The answer is in the statement from June 27, 2013 the day when the UN Security Council lifted the sanctions against Iraq. The Iraqi foreign Minister stated then that the Iraqi Dinar would again be great and powerful.