Iraqi Dinar Guru opinions 6-23-16

Iraqi Dinar Guru opinions 6-23-16

6-23-2016 Newshound Guru Bondlady …the Iraqi people …now…are taxed with the tariffs making things harder…they need to do something with there currency soon…imo this cant go on much longer and IT WONT…Wink…now that imf and others now in Iraq fixing what these clowns did to the country and people…it didn’t happen over night an it will take time to fix…its all moving so quickly now I believe were in the home stretch and finally seeing awesome progress! IMO.

6-23-2016 Newshound Guru rcookie THE RAMADAN FESTIVAL OPENS NEXT WEEK AND RUNS FROM JUNE 26TH TO JULY 10TH…AT THE BAGHDAD INTERNATIONAL FAIR…AND FOCUSES ON REGIONAL AND INTERNATIONAL INVESTMENT ONLY…THEY TALK ABOUT CREATING THE ENVIRONMENT FOR PUBLIC & PRIVATE SECTOR PARTNERSHIP AND GATEWAY TO IRAQS NEW AVERSION TO ATTRACT INTERNATIONAL CAPITAL.

6-23-2016 Newshound Guru chattels Article quote: “…the Kurdish bloc put conditions on Abadi’s program, including giving the government three months to agree to Kurdish demands.” Abadi is not close to performing according to the “platform” and political agreement that put him in office as a compromise choice. The Kurds and the Sunni have been complaining for sometime that Abadi is not conforming/performing according to the political agreement. To my knowledge none of the Kurdish conditions have been addressed by Abadi, which is why I have stated…that the Kurds ARE NOT HAPPY…Nor are the Sunni.

6-23-2016 Newshound Guru wmawhite tariffs are a revenue item…same as the selling of oil. The use of the currency at its true value is only relative to its use outside of the country. In other words, if the IQD is used outside of the country to settle foreign remittances at its current artificial/imposed value then two things take place; 1) the costs of imported goods remain high, and 2) the CBI runs out of IQD because Iraq has to exchange at a 1,000s of times high amount than there are IQD available to the CBI.

6-23-2016 Newshound Guru Stryker Article: “Council Baghdad reveals a halt investment projects in the capital for “lack of ” allocations” This is why they need the IMF SBA loans approved and the other loans that will come from places like the World Bank and other lenders that will follow from this IMF board approval. The many loans will provide Iraq with the much needed funds to kick start payments on the arrears, that then will help give Iraq a better credit rating, that then will give them a better market for their bonds and a sustainable return for those bond investors. The loans will then start these stalled projects, putting people back to work and these loans will help the CBI with their private sector loans as well, that will put even more people back to work.

6-23-2016 Newshound Guru Stryker See the IMF loan approval is the start of so many other means that will not only kick start Iraq’s economy but will put Iraq into the International Markets, and there is when the CBI will change it’s monetary framework more inline with international standards, with a real exchange rate that will be used internationally as described in the Minister of Plannings feasibility study of 2011. And then (IMO) we will see the deletion of the zeros from our hands and transferred into something that we can spend to kick start our own personal economies! They just need to get all economic reforms launch to get us all there…

6-23-2016 Newshound Guru rcookie A RETURN TO PARL IS NECESSARY TO VOTE ON THE LAWS AND INITIATIVES…THE MOST IMPORTANT SHORT TERM IS TO VOTE ON 2016 BUDGET LAW SO THE SBA LOAN MONEY IS ACCESSED AND DISBURSED… [Do you think they can get all the laws needed passed in one session?] YES…I DO ONCE THEY GET BACK…THEY ARE CUED AND WAITING…

6-22-2016 Newshound Guru rcookie Article quote: “…the Committee’s Deputy Najib, answered for the balance of the news/”was ratified many conventions during the current parliamentary session,” stating that “90% of agreements, including economic and investment cooperation and exchange of experiences.” SO HERE IS MORE EVIDENCE OF PARLIAMENTARY WORK BY COMMITTEES ONGOING BEHIND THE SCENES…AND BEARING FRUIT TOWARD IMPORTANT INVESTMENT AND ECONOMIC ISSUES…90%!! AGREEMENTS CONCLUDED! AND MENTION BANKING AND BANKING TRANSFERS!

6-22-2016 Intel Guru Bluwolf We are still waiting for the Go to be said forward. Real bank sources are informing us that they are still waiting for this release… I do not know who is to give the word…Well this is where we are at this instance…

6-22-2016 Intel Guru Dr. Clark We never said the Dong would RV in 10 days…the latest decision is wait like Iraq, until IMF through the U.S. committee says – GO. We believe it will be by SEPTEMBER… Unlike the Dinar, an estimate, opinion on the Dong – Nobody knows exactly what the Dong will start at, but a slow, controlled rise is preferable, to keep their economy somewhat stable in the transition. It’s much different than Iraq. Could see a 1-5 cents soon, then raise eventually as markets will push between $2 – 3.00 at some point, maybe even higher for short periods of time – because the strength of their overall economy can support these numbers, as being a real, quantifiable value – but nobody knows for sure about ANY of these projected rates, on ANY of these currencies…Remember, the Dong is ALREADY an internationally traded currency, even as we speak, so they now have the capability to raise & lower on a daily basis, at will – BUT, the U.S. must give them the green light officially behind closed doors, through the IMF, to start raising it substantially…when they feel they’re READY.

6-22-2016 Newshound Guru rcookie Article: “Securities Commission decided on Monday to suspend the contribution of seven companies from trading for “failing to comply with the instructions of financial disclosure,” THE SECURITIES COMMISSION HALTING TRADING ON COMPANIES DUE TO FINANCIAL DISCLOSURE REPORTING VIOLATIONS…THIS IS A TEXTBOOK EXAMPLE OF STARTING TO APPLY IAS INTERNATIONAL ACCOUNTING STANDARDS…AND IFRS INTERNATIONAL FINANCIAL REPORTING STANDARDS WHICH DEAL WITH THE TIMELY TRANSPARENT REPORTING OF FINANCIAL DATA REPORTING FOR PUBLICLY TRADED COMPANIES…AND REMEMBER BEEN APPLICABLE SINCE JANUARY 7TH…AND RUNNING PARALLEL WITH THE EXPECTATIONS OF TIMELY…ACCURATE TRANSPARENT FINANCIAL & ECONOMIC DATE THE INT’L AGENCIES ARE EXPECTING FROM IRAQ…WB… IMF…WTO…

6-22-2016 Intel Guru Frank26 …when you look at all these steps that are occurring you can’t help but get excited…Abadi…said…Parliament is voting right now on sending international economic agreements by our government which are in line with our economic vision… I have ALL my ministers working on getting ALL the lands back right now…I have ALL my ministers working with the committees of economics and investments to tell the world that…the agreements that we made on our economy with the IMF…are in line…with the international standards…we are bringing you back into the international world… the governor of the CBI…says…we got $53 billion… Iraqi cash reserves…which are the IMF requirement are about $53 billion and with gold…it’s a lot more than that…IMO. …it is for the existence of the amount of foreign exchange that is going to be coming into our country [Iraq] from the international investors and we need to cover our local currency basically to cover theirs…it is exciting without a doubt…

6-22-2016 Newshound Guru Kaperoni Article: “Central Bank Governor “long”: equality dinar dollar threatens local production and the deletion of zeros depends on stability” Quote: “*Project to delete the zeros Wayne now, why it did not apply private and it raises the value of the dinar.? – The project to delete the zeros still exists and we have a technical preparations in this area, but we are waiting for the stability of the general situation, because this is a great work when we need stability in addition to the stability in the development of institutions, in particular, what we can organize and manage the operation and supervision are not allowed with breaches or excesses.” Iraq is about as stable as it is going to get (outside of Mosul). So they should be seriously considering implication very soon. And …those kinds of statements are in direct support of raising the value as the economy grows, investment flows, etc. Again, I believe the increase in value will be used to counter the inflationary pressure created by the influx of investment once the doors really open for investors. Time will tell, but let’s hope they pass the laws we need and get the show on the road.

6-22-2016 Newshound Guru rcookie AND AS ANOTHER BACKDROP TO THIS STORY…ISNT THE TBI THE BANK THAT WE JUST SAW RAISE THEIR CAPITALIZATION IN THE LAST FEW DAYS ALONG WITH MANY OTHERS… [YES…and how much was that?] 300%….FROM 500 BILLION TO 1.75 TRILLION. AND WHEN YOU SEE UPSWING IN CAPITALIZATION THERE IS AN INHERENT EXPECTATION OF VALUATION INCREASE…

6-22-2016 Newshound Guru wmawhite Article: “Iraqi trade talks with Citibank to develop relations – June 14, 2016″ Quote: “as well as lifting the barriers that stand in the way of the constant movement around the world of the Iraqi dinar.” this is Citibank stating…let’s lift the barriers… Article: “Bahrain’s Ahli United Bank buys shares of TBI” Since 2003, other banks in the region have been buying shares into the TBI…This bank (Bahrain’s Ahli United Bank) that is located in Bahrain already owned the majority of shares of the Trade Bank of Iraq. Yet, they apparently believe there is an up-side/an advantage to increasing their control over the TBI.

6-22-2016 Newshound Guru wmawhite They increased their shares from 54.7% to 64.7%. Why? …this is very interesting news and IMO is an indicator that Iraq’s neighbors are aware of major changes coming soon from within Iraq’s financial institutions. I have always believed that Iraq’s neighbors have their fingers on the pulse of Iraq and that they will be the first to pounce on these opportunities being created by Iraq. This move by Bahrain’s Ahli United Bank combined with what Citibank just stated a few days ago ought to have you thinking…this is happening right in front of us…there are no secrets to this…they are announcing to the world as this is happening.

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