Iraqi Dinar Guru opinions 8-19-16
Iraqi Dinar Guru opinions 8-19-16
8-19-2016 Newshound Guru rcookie Article: “Anbar governor reveals an agreement to build a modern, commercial city in Habbaniyah” ANOTHER CITY…THIS ONE A MODERN COMMERCIAL CITY IN ANBAR WITH A CONSORTIUM OF PRIVATE SECTOR COMPANIES FROM THE US AND SOUTH KOREA. THE STATEMENTS IN THAT ARTICLE ARE PROFOUND AND SPEAK DIRECTLY TO THE LEVEL OF GLOBAL CONFIDENCE IN IRAQ’S ECONOMIC PRESENT & FUTURE…JUST TRY AND GRASP THE SCOPE AND MAGNITUDE OF THIS PROJECT…THE LARGEST DEVELOPMENT PROJECT IN ALL OF IRAQ. TO BUILD A MODERN COMMERCIAL CITY OVER 10 YEARS STARTING 2017 SPANNING 40 MILLION SQUARE METERS (15.5 SQ MILES)…15.5 SQUARE MILES WORTH OF DEVELOPMENT SPACE…ANYONE HERE UNDER THE IMPRESSION THE INTERNATIONAL INVESTMENT COMMUNITY LACKS CONFIDENCE IN IRAQ AND ITS INSTITUTIONAL STABILITY…NOT! …AND THE FACILITATORS OF THIS ANBAR PROJECT ARE THE UNITED STATES AND SOUTH KOREA.
8-19-2016 Newshound Guru wmawhite Article “Iraq is Back in Business, According to Wyndham Group” Quote: “…the Wyndham Hotel Group will be building two new hotels in Najaf before 2018, a secure southern town that sees huge influxes of religious pilgrims.” do you think that they just thought of this today? Really…they have been looking at these projects for YEARS!
8-19-2016 Newshound Guru mike Until Iraq develops the political will for change, things will be the same two years from now as well…here’s the thing, they can’t afford to continue the way they’ve always done things. The financial crutch and foundation for this corrupt nation has all but evaporated. Oil will not save the day for Iraq and it’s corrupt leadership anymore. The reserves, or the nation’s safety net, is eroding at an alarming rate and in a short time there won’t be enough money to borrow to keep this country afloat. Two things will happen in Iraq…
8-19-2016 Newshound Guru mike …they’ll get this open market economy up and running and the country will prosper or they won’t and in a short time they won’t be able to make payroll for the 4 million plus state employees and then all hell is going to break loose. They say necessity is the mother of all inventions and I’m hoping this applies to Iraq as well. Iraq needs to course correct in a big way for it’s own political and sovereign survival. The investment is still a good one…even if the currency goes to a quarter it’s still a 25,000% increase in your investment… All we’re waiting for is the political will for real change…IMO.
8-19-2016 RUMOR Guru Bruce …we talked about the Amnesty Law having been passed and gone through and been put into the Gazette? Evidently there’s five parts to that Amnesty Law. Three …of the parts have been passed and gone through and are in the Gazette. There may be two more aspects to it that might…go through the weekend. We don’t believe that these two aspects of the Amnesty Law…will hold anything up or is something that we’re waiting to have happen. I will say this, looking at this thing from my perspective; it appears we are coming down to the wire. It appears this is to go between now and the weekend. I’m not going to name dates. I’m not going to name days. I’m excited about how close we are.
8-18-2016 Newshound Guru firefly Article: “Presented Finance Minister Hoshyar Zebari, a draft 2017 budget law to the Council of Ministers.” Now this is interesting, wonder when the deadline is to approve it? And why talk about it in August! Why would they want it completed in Sept? The numbers are mind boggling. Follow the money folks!
8-18-2016 Newshound Guru rcookie Article quote: “Amnesty bill does not reveal a clear philosophy in dealing with the crimes covered by the amnesty, and the crimes are excluded from it.” THIS PIECE GIVES YOU EVERYTHING ABOUT AMNESTY LAW BACKGROUND HISTORY UP TO TODAY THAT YOU COULD ASK FOR…THIS IS AN EXCEPTIONALLY COMPLEX LAW…WITH FAR REACHING CONSEQUENCES THAT WILL IMPACT THEIR SOCIETY FOR A LONG TIME…FROM TORTURE…TO TERRORISM…TO FAKE DIPLOMAS & COUNTERFEITING…THE APPEAL PROCESS AND IMMUNITY… AND CAN OBVIOUSLY SEE WHY IT HAS TAKEN SO MUCH TIME AND ELICITS SUCH DEBATE FROM SO MANY ANGLES… BIG…BIG…ISSUES …THEY ONLY HAVE ONE SHOT AT IT…
8-18-2016 Intel Guru Frank26 [Last week you stated the fiscal year for Iraq is October to September, but…you changed that to say Iraq’s fiscal year has always been January to December. So has the time frame now changed from September/October to December, 2016 or even possibly the beginning of 2017…Would you mind clarifying this?] Said does NOT have to be that long…Said they are way ahead of schedule…Said all of M. E. is always on a Financial Year…Said all has to happen BEFORE they enter 2017…They will launch their 2017 Budget on 1/1/17 as they and the ME ALWAYS DO…As the 2017 Budget comes to life with a new rate in September of 2016…IMO.
8-18-2016 Newshound Guru rcookie Article: “Ministry of Finance: the adoption and the wills of oil by 90% in 2017 budget” Quote: “The Ministry of Finance next month of September, the date for the completion of the state budget for the year 2017…” …SO IN ATTACKING THE FORMATION OF THE 2017 BUDGET…ZEBARI ANNOUNCES THAT IRAQ BUDGET 2017 DEPENDS ON OIL SALES BY LESS THAN 90% FOR THE 1ST TIME IN SEVERAL DECADES…AND WILL BE COMPLETED BY END OF SEPTEMBER. THEY HAVE CHANGED THE IMPETUS OF THEIR ECONOMY…AND WILL ONLY CONTINUE TO IMPROVE & PROSPER…AND OBVIOUSLY EARNED THE RESPECT…CONFIDENCE AND STABILIZATION THE 3 LETTER AGENCIES ARE FORECASTING RELEVANT TO THE STRONG GROWTH IN GDP AND FOREIGN DIRECT INVESTMENT NUMBERS…TALK ABOUT PROGRESS IN THE RIGHT DIRECTION…
8-18-2016 Intel Guru ADMINBILL WHAT NEWS I HAVE RECEIVED IS GOOD. EVEN THE POSTS FROM [GURU] FRANK, [GURU] DELTA AND OTHERS POINT TO GOOD THINGS HAPPENING. CONTINUE TO BE DILIGENT AS WE NEAR THE RELEASE…
8-18-2016 Newshound Guru wmawhite Remember, the size of the notes in a marketplace is reflective of the price of goods in the marketplace. In order for the lower denominated notes to be used in the marketplace is for the prices to have decreased enough for them to be used. With Iraq still importing 85% of its goods, those prices in the marketplace will lower once the value of the currency buying them increases in value significantly. Those goods are imported today with the USD. Those prices will not be brought down in price importing them with a currency less valuable than a dollar.