Iraqi Dinar Guru opinions 7-24-16
Iraqi Dinar Guru opinions 7-24-16
7-24-2016 Intel Guru Delta Article quote: “The Central Bank of Iraq , the day before yesterday, the currency was withdrawn from the category of 50 dinars from circulation due to ” low value and stop the public about the circulation ,” according to a statement of the bank. A source in the CBI told the ” term ” that ” the bank does not want a conflict between the currency and the category of 50 dinars 500 dinars in case of deletion of zeros from the last…”
I DID BRING THIS…FROM 2/27/2015 TO REFRESH YOUR MEMORY, WHEN THE CBI DECIDED TO WITHDRAW THE 50 DINARS NOTE, THEY DID STATE THE REASONS! AS WE KNOW THE NEW 500 DINARS IS CONFIRMED WITH KURDISH LANGUAGE, THAT’S WHY I DO BELIEVE IMO WE ARE SO CLOSE TO SEE AN INCREASE IN EXCHANGE RATE.
7-24-2016 Newshound Guru Backdoc QUIET WE ARE WITH A PURPOSE FOR A PURPOSE! WISH I COULD TEACH MORE ON THE COMING DAYS BUT YOU ARE IN EXCELLENT SHAPE WITH YOUR INVESTMENT.
7-24-2016 Newshound Guru Millionday Article quote: “Arab foreign ministers meeting in Nouakchott summit Nouakchott Esra Khalifa amid high hopes that the Arab summit to take the 27…” A HUGE ARAB MEETING — THEY WANT TO EXPRESS THEIR OPINION OF IRAQ ETC. IRAQ IS MEETING WITH THEM ALL FOR SUPPORT FROM THE WHOLE REGION OF ARAB LEADERS AND ARAB SUPPORT. IRAQ IS MAKING IT CLEAR THAT THEY WANT THE BORDERS SECURE AND TO TAKE BACK CONTROL OF SECURITY FROM TURKEY AND HAVE IT UNDER THEIR CONTROL. IRAQ HAS ANNOUNCED THAT ONLY 10% OF THE TERRORISM IS REMAINING IN SOME REPORTS. IRAQ IS STATING THAT THEY WANT THE COMPLETE POWER OF ALL OF IRAQ AND ITS DECISIONS. IRAQ WANTS TO STAND UP AND CLAIM THEIR PLACE IN THE REGION WITH THE EXPECTATION OF BEING ABLE TO PROTECT THEMSELVES AND TAKE IRAQ BACK.
7-24-2016 Newshound Guru tlm724 Article: “Mutaiota describes the situation of the displaced people Hol camp catastrophic Abadi demanding urgent intervention to save him” Quote: “Statement Mr. Prime Minister , Dr. Haider al – Abadi ordered cell civilian crisis management to take immediate action to secure the necessary needs of displaced people…” it’s hard to fathom the conditions these people are trying to live under…no food, no water, no sanitation, no meds, children starving and its like 130 degrees…so sad…take a moment and say a prayer for your fellow man!
7-24-2016 Newshound/Intel Guru BGG Article: “IMF agreement test for Iraq” IMF has developed a tremendous program to rewrite Iraq’s ailing economy. The fund issued on July 14 and the current document consisting of 34 pages constitute the most ambitious attempt to remake the economy of one of the Middle East. While not saying ” rv tomorrow” it’s pretty compelling stuff…
7-24-2016 Newshound Guru Millionday Article quote: “Iraq News Network”, on Tuesday, a document issued by the Ministry of Finance / General Authority for taxes…” THEY ANNOUNCED TUESDAY TO LAUNCH INCOME TAX – NOTE — THIS IS FROM THE MINISTER OF FINANCE… IT WILL BEGIN FROM JUNE 1ST — HUGE NEWS FOR REVENUES MUCH NEEDED ETC…VERY INTERESTING WITH PARLIAMENT WORKING SO HARD.
7-24-2016 Newshound Guru Bondlady Article: “Ready to receive the ten global companies to complete the port of Faw in Basra” this port is very important and its a huge project that’s been ongoing for years and years…its very close to completion and when it is whoa! talk about a huge money maker…this will be the largest port in the world, it will connect Iraq thru its shipping lanes…to the rest of the world…very big and huge deal for Iraq…thumbs up..
7-23-2016 Newshound Guru Kaperoni Article: “Reform plans awaiting allocations and mechanisms of action” Quote: “…the central bank has launched Strutijeth for the years 2016-2020 in conjunction with calls for comprehensive change of the Council of Ministers and the House of Representatives…activating the role of financial institutions and the banking sector” Super article IMO as it describes how the economy and banking sector are tied together. This is exactly what we have been describing will occur over the next few months, years to come to create a market economy and raise the dinar value. Good and exciting stuff!
7-23-2016 Newshound/Intel Guru BGG “OBEIDI ANNOUNCED POPULAR CROWD WILL PARTICIPATE IN MOSUL LIBERATION…” the bigger news than who it is – is that it is soon (the liberation of Mosul)…key city in Iraq – sets the stage for real stability – if this is one of the “biggies” for the IMF. Mosul will be captured – the US would not be there if it were not a “given”… the progress is breathtaking…As far as this investment goes…all good for Iraq.
7-23-2016 Intel/Newshound Guru tman23 …Abadi is saying he would launch in October…which is more likely since they are trying to stabilize Anbar still with security and have large security forces deployed in baghdad…At a press conference later, Kerry praised the government of Prime Minister Haider al-Abadi, but said: “We would like to see some reforms moving faster.” REFORMS MOVE FASTER…THEY ARE NOT LIBERATING MOSUL COMPLETELY UNTIL THEY CAN IMMEDIATELY BEGIN REHABILITATION AND RETURN SERVICES TO THE CITY…THIS IS WHAT THEY ARE PLANNING…ABADI IS SAYING UNTIL OCTOBER…and…security after liberation is the biggest concern of all…Rebuilding the second largest city and providing immediate service is an issue…UNCERTAIN SECURITY… UNCERTAIN of the Country uniting post ISIS…Uncertainty by the MAJORS tells me NO CURRENCY CHANGE…IMF said…That Iraq is expected to enter the International Market by mid 2016… Simply put, the reality of Iraq meeting expectations will most likely end in disappointment…
7-23-2016 Newshound Guru Millionday Article quote: “Basra Gas Company director Darraji Shaalan announced the company’s intention to export a consignment of gas liquid substance cooking gas up to 1500 tons next week.”
SO GAS IS TO EXPORT NEXT WEEK /THIS — AND LOOK AT THIS COMING — WOW. Quote: “Organization of Petroleum Exporting Countries {OPEC announced} Friday that the price of raw materials of the 14 basket rose on Thursday rose 20 cents to settle at 93.42 dollars a barrel compared with 73.42 dollars a barrel on Wednesday.” PRICING RAISING AND OF COURSE THIS IS GREAT FOR IRAQ AND THEIR INTERNATIONAL EQUATION…WHOOOPOW. REPORT…SAYS FOR THE FIRST TIME IN HISTORY — IRAQ IS EXPORTING LIQUID GAS — AND HEADED FOR THE RED SEA SUNDAY AND THEY ARE PAYING VERY CLOSE ATTENTION TO SAFETY AND WILL BE ATTENDED BY MANY AS YOU CAN IMAGINE…
7-23-2016 Newshound Guru Shredd Article: “IMF says no reason to devalue Iraqi Dinar” This article captures most of the upside of having the dinar on par with the dollar. I’ll list em for ya!
1. Having a sovereign, representative currency that is consistent with the cash reserve ratios.
2. Having a strong dinar rate that contributes to the national currency trading in foreign markets (huge btw).
3. Fully implement the project to delete the zeros which provides an exit from the country’s economic crisis.
4. Restoring the money supply structure in line with the market data.
5. Allow for transparent, compliant trading currency between banks and other institutions operations.
6. Have a currency rate that responds to market fluctuations in a consistent manner.
7-23-2016 Newshound Guru Shredd [list continued]
7. The national currency trading outside the country would have a positive impact to buy more goods and services for the benefit of the country.
8. Grow GDP with a diversified balanced economy via a balanced increase of costs of goods and services while also increasing wages.
9. Finally have transparent financial openness, which contributes significantly to investment because of a healthy banking system which in turn stimulates the global banking industry.
10. Move to a single currency regime and move out of currency auctions.
Let me also add that..
7-23-2016 Newshound Guru Shredd …the IMF’s continued support and re-clarification that the peg to the dollar is in place is a good thing. It is just a matter of time that the dinar will gain value as Iraq diversifies in it’s outputs and regrows its reserves from oil revenues. We are not invested in some penny stock that we’re hoping to get rich on like the inbred, get-rich-quick dummies do. We are invested in a sovereign currency for a wealthy country that is a new democracy and who has immense global support for economic dependence and participation in global economic growth.
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