Iraqi Dinar Guru opinions 3-30-16
Iraqi Dinar Guru opinions 3-30-16
3-30-2016 Newshound Guru tlm724 Article quote: “…MP for the National Alliance, Abdul-Karim al-Naqib said visiting UN Secretary-General Ban Ki-moon, World Bank President guide on the direction of the international community to support Iraq and to stand with him in order to cross the plight of…” I love seeing this repeated! …Iraq has the full support of the UN, IMF and World Bank in all their endeavors ! These international entities know the potential and that is why we stay the course!
3-30-2016 Newshound Guru wmawhite Article quote: “…It is noteworthy in several economic studies that sector private and through international experiences have achieved successes in achieving the goal of development in countries that have faced the same difficult circumstances and Ahaha Iraq Overall, economic ones in particular…” Folks, when you see “private sector”…those words are describing exactly what we are waiting for.
3-30-2016 Intel Guru Bruce We thought we would start to exchange right after Easter…we are right there…almost at the end of the ride…rates we heard are astounding.
3-30-2016 Newshound Guru Kaperoni It would be nice to see some change in monetary policy soon, but the reality is all the signs are against it. The CBI’s auctions spread has drifted way out of whack and is now over 6%. That is itself is a violation of compliance with Article VIII, so they would not be approved for the transition. Throw in lack of laws, the dinar that sits in homes/pillows, etc. and the current stability issues with the ongoing war, and I think we can say pretty accurately that we are months out at best. Maybe even longer. Sorry to bring bad news, but I do not see them ready yet. We should get a better handle on progress in a few weeks once the IMF SBA with Iraq is published.
3-30-2016 RUMOR Guru Mnt Goat The prime minister Abadi has extreme pressure to show his list of candidates and submit them to parliament by tomorrow (Thursday)… We also know that part of Sadr’s demands upon the government (maybe not by Thursday but soon) is to bring to justice these high level corrupt officials… Also we know Sadr’s had come out earlier and stated he demanded that the CBI be cleaned up from all corruption too and the proxy governor also be replaced to a more technocratic position (and recommended Dr Shabibi return). I believe this does not mean we should not all be very optimistic.
3-30-2016 RUMOR Guru Mnt Goat If Iraq could get this new technocratic govt installed and these pro-Iranian politicians (namely Maliki and his goons) out of the govt matters and prosecuted for their corruption and clean up the CBI then we have a wonderful chance of moving forward with the economy and affairs of Iraq. I believe everything else will just fall into place and the RV is just one of the resulting events that will occur as a result. This all could happen in 2-3 weeks as it is not complicated tasks… So I reaffirm the next opportunity for an RV window of mid March to mid April. We might go slightly beyond mid April but I do not (at this time) believe we will go much beyond this point.
3-29-2016 Newshound Guru rcookie …the imf & wb have transparently laid out the expectation…and action plan for attainment…in the past… currently and through 2020…it is in ink…and is visible in every economic policy and action we see every day…
3-29-2016 Intel/Newshound Guru Poppy3 ABOUT THESE LARGE LOANS — THEY WILL BE IN OUR FAVOR NOT AGAINST THE RV BUT HELPING THEM POSITION TO COMPLETE THE RV. — THINK THIS —THE NEW RATE IS NEEDED FOR QUALIFICATION TO RECEIVE THE FUNDS OF THE LOAN THAT SHOULD BE AS OTHERS SPECIFIED FOR DIFFERENT PROJECTS OF RECOVERY FROM THE WAR…TO ALLOW GROWTH OF THEIR ECONOMY OR AT LEAST THATS THE WAY I WAS TOLD…EXPLAINED THAT THESE LOANS ARE LIKE US GETTING A HOME LOAN IT IS FOR SPECIFIC USE AND DOESN’T EFFECT THEIR OTHER BUSINESS LIKE THE CBI CHANGING THE RATE.
3-29-2016 Newshound Guru Kaperoni Article: “Iraq enters the program (SBA) so as to provide a $ 6 billion to support its inability” Nice, another SBA (Stand by Agreement) or conditions put on Iraq in exchange for financial consideration. Can’t wait to see the details on this one.
3-29-2016 Newshound Guru wmawhite Article quote: “…Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains three exchange restrictions and one multiple currency practice (MCP) subject to Fund approval under Article VIII, Sections 2(a) and 3″ HUUUUUUUUUUGGGGGGGGGGGGGGGGEE!!!!..IM.O…what we are viewing is the actual process of the CBI (Iraq) moving into article 8 and with it entering the world markets.
3-29-2016 Newshound Guru firefly [any thoughts on what we are waiting on? you think it’s the players in the global economy or something more specific in the world?] IMO .. we are standing on the precipe [precipice?], can’t turn back. The process IMO is already in play.