Iraqi Dinar Guru opinions 7-17-16
Iraqi Dinar Guru opinions 7-17-16
7-17-2016 Newshound Guru Millionday Article quote: “The Iraq Mission Chief for the International Monetary Fund (IMF) has said that he sees no reason to devalue the Iraqi dinar “under current circumstances“, and says the authorities are “committed to maintaining the Iraqi Dinar’s peg to the U.S. dollar“. DEVALUING OBVIOUSLY WOULD NOT HELP IRAQ AT ALL WHILE THEY ENTER THE MARKET. SO AS WE SEE AS WE KNEW — THE DINAR WILL BE ACCORDING TO THIS REPORT PEGGED TO THE USD.
7-17-2016 Newshound Guru rcookie […does anyone know what we would like to see happen with Turkey… to help with our investment…Who do we want in control of Turkey?] Personally – one way or the other, I don’t think it matters that much… [you do not think what happen over turkey will cause a problem with our investment…?] I do not.
7-17-2016 Newshound Guru Islandg1211 The June 2016 LOI with the IMF states that the CBI should stop the MCP and work towards Article VIII compliance and that they should first pass the Investment Law. So, when will we see the RV? (IMO) WE WILL NOT SEE THE RV BEFORE THE INVESTMENT LAW. It’s plain as day in Article A 14 of the June IMF LOI. Like me, you, and everybody, the IMF was concerned that the Monetary Reforms could get bottle necked in the GOI should politics decide to either hold it hostage or simple just stall. So, the IMF stated in the LOI that the COM could introduce the Investment Law OR the CBI could make new regulations that cover the same points. Don’t you love that word “OR”!!! Clever of the IMF. This will probably lead to the actual passing of the Investment within the GOI since they know they can’t delay or stop it.
7-17-2016 Newshound Guru Islandg1211 The LOI states that’s there’s a loophole clause within Iraq that if the oil price is different from the budgeted price, then the Budget can be cut without another vote. So, the IMF settled that one too. The Budget was cut…to 85%. I just gave two examples of the IMF using this LOI to get around the GOI. Well done IMF. What a difference this year is to previous years. The IMF has a plan. So the RV will come AFTER the Investment Law but BEFORE the crackdown on proving why you need USDs. The LOI states that the CBI will only have weekly auctions and will require proof of why USD is needed “by the end of the year.”
7-17-2016 Newshound Guru Islandg1211 So, according to the LOI, the RV should be after the Investment Law is passed and before the end of the year. I think it’s important that everyone understand that we should watch for the Investment Law, not worry about the GOI delaying this too much longer, and that YES, this RV is still being planned for before the end of the year. Mosul as well is a go now that the agreement is made with Barzani. Abadi now is talking about Political reform being put off for now until after Mosul and after the RV.
7-17-2016 Intel/Newshound Guru Backdoc …CURRENTLY THE IEX WHICH IS WHERE ALL ASSET BACKED DIGITAL CURRENCIES WILL BE TRADED DOES NOT FORMALLY EXIST TO THE PUBLIC UNTIL SEPTEMBER 2ND! IF IRAQ WERE TO LAUNCH A RATE AT THIS TIME, THE ONLY PLACE IT COULD SHOW IS ON THE CBI WEBSITE, NOT ON THE FOREX, BECAUSE IRAQ IS ASSET BACKED AND THE FOREX ISN’T! HOW WOULD THE PUBLIC TRADE ITS CURRENCY GLOBALLY WHEN THE SYSTEM TO TRADE IT DOESN’T FORMALLY EVEN EXIST UNTIL SEPTEMBER 2ND? REALIZE THAT THE IMF TOLD US THAT ALL WOULD BE DONE BY MID YEAR, RIGHT? RIGHT! IN MY OPINION, IRAQ DID GET THINGS DONE, OTHERWISE THE IMF WOULD NOT HAVE GIVEN THEM THE LOAN.
7-16-2016 Newshound Guru rcookie Article “Jubouri: 70 laws will be presented at future meetings .. and near terminate the membership of absentees” SO… JABOURI TELLING US MORE THAN 70 LAWS CUED UP AND READY FOR VOTE. YOU THINK PARLIAMENT IS GOING TO BE BUSY THIS WEEK.
7-16-2016 Intel Guru Dr. Clarke Seems like it’s about Time, doesn’t it? How about Triple Overtime? However, the U.S. committee, IMF & UN are not quite ready. The reason? A little more “insider bad guy cleanup” is happening, as we speak… Iraq will have a Major governmental structural change around Aug. 14th… When? When Iraq? When Vietnam? When GCR? Well, there is no official GCR…However…SEPTEMBER is when it all comes down (3rd & Last Period), so to speak for Iraq. Why haven’t they yet… Well, here’s your reason…it’s a decision headed by the U.S. committee, through the IMF, then through the UN for official blessing purposes only…don’t you think Iraq would’ve made their dinar internationally exchangeable, by NOW, if they could? Of course. No, they haven’t been allowed to…for all the right reasons…a few more weeks, and you’ll have your money – finally.
7-16-2016 Intel Guru Dr. Clarke Vietnam – same thing. Waiting on the committee to “let them” begin the steep rise…because there is NOTHING stopping them now, and the dong is already International…waiting for the official “Go” signal…Vietnam – not sure of the time frame, now at this point, because it’s a different animal than everyone else – but it’s really close too, in proximity to Iraq. It is our Very Strong Opinion…you and anyone who wants to, can go to an exchange center, Bank or otherwise, and exchange Iraq’s Dinar, for other currencies in all countries that choose, starting the LAST WEEK OF SEPTEMBER , and thereafter. RATES – NOBODY KNOWS. Of all the aspects of investment – NOBODY KNOWS RATE ahead of time – It’s the most important variable of investment.
7-16-2016 Newshound Guru rcookie Article quote: “The workshop aims to identify the credit risk mitigation, and understand how banks calculate the capital to be allocated to address market risks, and how to calculate standard techniques LCR and NSFR liquidity by the Basel III requirements, as well as understand how conduct stress tests for all types of risk.” SO THIS BASEL III WORKSHOP IS BEING HELD IN SYRIA JULY 25TH-28TH…THAT COVERS THE MEASUREMENT… MONITORING AND MANAGEMENT OF RISK SYSTEMS IN ACCORDANCE WITH BASEL III REQUIREMENTS RIGHT DOWN TO PRESSURE TESTING SYSTEMS…AND CAPITAL ADEQUACY RATIOS AND WEIGHTING SYSTEMS TO CREDIT RISKS WITHIN THEIR MARKETS WITH ICAAP STANDARDS (INTERNATIONAL CAPITAL ASSET ASSESMENT PROCESSES)..
7-16-2016 Newshound Guru rcookie THINK ABOUT THIS RELEVANT TO WHAT WE HAVE IN THE RECENT 2 WEEKS REGARDING THE FOCUS ON RESTRUCTURING CAPITALIZATION WITHIN BANKING SECTOR TO THE TUNE OF 200-400% IN BANKS OF ALL SIZES…NOW…NOT TO BEAT A DEAD HORSE…BUT…AGAIN…THE RECRUITMENT… ACQUISITION AND RETENTION OF FOREIGN INVESTMENT AND BUSINESS INTO IRAQ WAS POSSIBLE WITHOUT THESE TYPES OF FINANCIAL AND ECONOMIC UNDERPINNINGS…1 YEAR…3 YEARS…5 YEARS AGO EXACTLY HOW…JUST A HINT…THEY WERENT…NOT EVER…EVER…EVER..