Iraqi Dinar Guru opinions 7-30-16
Iraqi Dinar Guru opinions 7-30-16
7-30-2016 Intel Guru Frank26 Last week they…announced they were going to launch the income tax to the citizens of Iraq…the Finance Minister said…wink… wink…we are going to have to start charging you guys income tax…I think his winks meant the citizens are about to get some money…so they can handle this tax…these are wonderful indicators..
7-30-2016 Newshound/Intel Guru BGG they may well have a spot for Iraq “at the EU table”. [are you saying they could somehow be a part of the EU?] Looks like the EU is trying… could be a BOON to them… in the long run. […if they do then would it be Euros instead of Dinar?] …It’ll be Dinars… the sovereign currency of the land. [And why if everyone else is having so much trouble with the Euro’s would it be good for them?] because – literally… Iraq is at the bottom of the barrel… they are GROSSLY undervalued…they need a seat at the table – anywhere in the world. the EU would not be bad…and it is – kind of a natural fit… they are close…they could trade with them easily…lots of advantages. […that would certainly be an interesting dynamic with the an arab nation sitting at the table with all of the euros!] I bet they are BEGGING for a moderate Arab nation – with some real wealth potential… at the table.
7-30-2016 Newshound Guru Breitling …if you look back on the information we’ve had, the most that Iraq has had, the note count was around 9 billion notes. that was the most they ever had. And that 9 billion represented 30 Trillion in dinar. One denomination is worth 25K dinar, 10K etc. but it only added up to 30 Trillion and they’ve reduced it since then. It’s a major mistake people make when they read the M1, M2, M3 any of these reports from any country it’s basically how much cash do you have in your pocket. How much do you have in your bank account. How much do you have in assets. And then they combine them together.
7-30-2016 Newshound Guru mike Article: “What does it mean to float the currency?” They could move off the peg if they could satisfy the demand for the dollar, but they’d have to go back to selling $200 plus million a day. The standby letters of credit is a fantasy for Iraq, I just don’t see how they can do it. Pass the long overdue banking and economic laws, empower the open market economy and then move the currency to Article VIII. In the end, there are no shortcuts to the currency.
7-29-2016 Newshound Guru Millionday Article quotes: “…be of the world ‘s largest economic centers because it will become a commercial hub industrially important in the nearest point between the poles of the world.” “…pointing out that international companies aware of this fact and considering the continuous reality of work in Iraq and how to have a foothold investment introduced in this country which is one of the most important countries in the world economically…” I HAVE BEEN SAYING FOR A LONG TIME ALONG WITH MANY OTHERS…THAT IRAQ WAS GOING TO BE A GREAT TRADE HUB…ONE OF THE MOST IMPORTANT COUNTRIES IN THE WORLD ECONOMICALLY — WHOOOPOW.
7-29-2016 Intel Guru Delta URGENT FROM IRAQI TV: MINISTRY OF YOUTH CALLING ATHLETES TO RECEIVE A MASTER CARD ON 08/02. Quote: “Tuesday approved the second of next August, to receive a MasterCard card.” IT’S VERY INTERESTING, I REMEMBER A WHILE BACK A GM AT RAFIDAIN BANK STATING THAT “THEY CAN’T ACTIVATE MASTER CARD UNTIL CBI LIFT THE ZEROS.”
7-29-2016 Newshound Guru tlm724 Article quote: “…the governor of Basra Majed Nasraoui said the port of Faw will give 10 times as much as give it the rest of the Iraqi ports.” It is intended that Basra would be Economic Capital of Iraq and it certainly appears they are achieving just that…
7-29-2016 Newshound Guru rcookie Article: “BASRA GOVERNOR NASRAOUI ASSERTS PORT OF FAW WILL YIELD 10 TIMES VOLUME OF EXISTING 5 PORTS AND A 3RD PORT TO SERVICE WITH SAUDI ARABIA TO OPEN SOON…” 10 TIMES VOLUME OF EXISTING PORTS…WHICH ARE THEMSELVES BREAKING AND SETTING NEW RECORDS EVERY MONTH…AND REMEMBER THIS PROJECT WILL CREATE MORE NON OIL REVENUES TO GDP THAN THE ENTIRE OIL SECTOR AS WELL AS PROVIDE MORE JOBS THAN ENTIRE OIL SECTOR…
7-29-2016 Intel Guru ADMINBILL …THERE HAS BEEN NO CHANGE IN MY OPINION SINCE LATE LAST NIGHT. [Could the markets close in a memorable way today?] I AM LOOKING FOR A “I DON’T CARE WHAT DAY OR TIME OF DAY” END OF EVENT.
7-29-2016 Newshound tlm724 [Guru] BondLady has always said 1. The Kurds need Baghdad more than Baghdad needs the Kurds and 2. that the Kurds fudged their population numbers to get more money from the budget and without an accurate census who could dispute what they said? But the good news is that on Saturday July 30th parliament has the census law on the agenda: “Thirteenth: report and discuss the draft census law. (Committee on Economy and Investment). (23 articles).” We don’t expect a swift resolution to Article 140 and the disputed areas or the borders, the Constitution has to be amended and they must reach an agreement, a mutual consent among everyone. There is a reading of the borders law in parliament on the 30th as well: “Second: the vote on the draft of border crossings into law.”