Iraqi Dinar Guru opinions 8-28-16
Iraqi Dinar Guru opinions 8-28-16
8-28-2016 Newshound Guru firefly Vietnam announced on Bloomberg twice now that they are revaluing their currency! Now why would they announce that if their was no plans? I saw it with my own eyes. Kinda shocked me actually that they would make that announcement. I have no idea about the rate just the announcement…remember pre war their currency was valued at 2.22. [when did they announce this… recently?] Pretty much the same time Iraq started talking openly about it. Press Release: Vietnam: 2016 Article IV Consultation- Press Release; Staff Report; and Statement by the Executive Director for Vietnam Quote: “A new government took office in 2016 with a commitment to reforms that, if implemented, would place Vietnam in a sound position to achieve its ambitious development goals.”
8-28-2016 Newshound Guru rcookie PARLIAMENT VOTED ON DISSATISFACTION OF ZEBARI ANSWERS TO QUESTIONING AND GOING TO HOLD VOTE ON WITHDRAWAL OF CONFIDENCE NEXT WEEK….SIMILAR TO WHAT OBEIDI JUST WENT THROUGH…THE KURD DELEGATION OBJECTED TO THE MEETING AND A FISTFIGHT BETWEEN ATTORNEY HAITHAM JABOURI & KURD DELEGATES BROKE BEFORE THE KURDS WALKED OUT OF THE SESSION…PARLIAMENT SESSION LIFTED UNTIL MONDAY…
8-28-2016 Newshound Guru rcookie Article: “Government Basra suffered projects in front of the World Bank for a loan to be implemented” Quote: “…for his part, the regional Director of the World Bank Farid Belhaj the projects that the World Bank has financed prejudice directly in the lives of citizens…” THE INT’L AGENCIES ACTING AS A DIRECT LENDING AGENT TO THE PROVINCES FOR DEVELOPMENT PROJECTS…WHICH FACILITATES THE TRANSFER OF POWERS FROM THE CENTRAL TO THE PROVINCES… CUTTING OUT THE CORRUPT MIDDLEMAN…AND IN THE END ASSURING THE FUNDING OF THESE CRITICAL INFRASTRUCTURE PROJECTS GETS TO SOURCE IT WAS INTENDED FOR…GREAT NEWS FOR THEM!
8-28-2016 Newshound Guru Breitling …Iraq has always stated they want to get down to a billion notes…the last report that I’ve seen they were at 4 billion notes. Since then they have gotten rid of the 50 dinar note. 80 to 85% of their currency is the 25K note. They are introducing the 50K note and the 100K note…they haven’t done it yet but if they do that is going to allow them to take a certain amount of 25k notes off the market and it’s going to reduce the note count even more. Pushing forward there is no bad new here. People are in panic mode cause it’s complete opposite of what they think. If you strictly go by the numbers the dinar is a phenomenal opportunity, it hasn’t changed. How many countries are out there saying they’re going to add value to their currency? There’s only one. Not only that but they created a checklist on exactly what they need to do to add value to their currency…they said eventually they were going to reduce the note count and they’ve hit every flip’n mark and people are still blind to it!
8-27-2016 Newshound Guru rcookie Article: “Zaidi reveals a tendency to withdraw confidence from Zebari and put Abadi list of respondents” Quote: “The House of Representatives may interrogate the finance minister, Hoshyar Zebari, in its meeting…” LOOKS LIKE NOT EXACTLY HAPPY WITH ZEBARI ANSWERS AND VOTE OF WITHDRAWAL OF CONFIDENCE NEXT WEEK..
8-27-2016 Newshound Guru Islandg1211 IMO, It was a failed policy to delay the RV last time they had peace and I don’t think they will delay again. When will the CBI RV? That question has been asked and answered over the years by both the former CBI Governor and Architect of the Monetary Reform, Dr. Shabibi, and by the proxy Maliki appointed governor Allek. They both said, “when the conditions are right. There needs to be stability and security.” Where are we at now with security and stability? Political Stability: After nothing but political conflict the entire 2016, GOI is finally making some progress. They approved five of Abadi’s choice of technocrats Ministers…His choice of Interior Minister is being discussed now, and the remaining two positions should go through within the next month. Corruption: Laws: The Amnesty Law was passed yesterday. This goes directly in dealing with corruption. Next week they are working on the Judicial Law. Prosecution: UN has stepped in to help with investigation and prosecution of corruption.
8-27-2016 Newshound Guru Islandg1211 Why didn’t they RV by Mid-Year? That’s a good question which no one knows. What we do know is that when the IMF came up with their plan for Iraq last December, they had assumed that Abadi would get his technocrat government and the laws would be passed. Instead, there’s been a seven month delay with the GOI. Corruption is a top priority. That’s a political battle since everyone is corrupt. But, there is progress. The CBI isn’t going to RV until corruption got under control. In addition to getting all seven new Ministers voted in by the GOI, Abadi will next need to get proxy positions properly voted in. That includes the Governor of the CBI position. The First thing a country needs to do after war is RV. Mosul will be liberated in the next few months. The GOI just needs to pass a few more laws and approve a few more positions. The WB and the IMF are ready with loans to help Iraq through their double crises of ISIS and low oil prices. Basra is doing well economically. IMO, this time around when there is peace, Abadi will RV. The IMF historically prefers April to RV, or Fall.
8-27-2016 Intel Guru ADMINBILL WE CONTINUE TO SEE AND HEAR INFORMATION THAT CERTAINLY POINTS TO THE END GOAL AS BEING CLOSE. FOR THOSE OF YOU IN NEED OF THE RV TODAY, TOMORROW, THE NEXT DAY I AM SORRY. I CANNOT MAKE YOU A PROMISE THAT IT WILL HAPPEN. COULD IT HAPPEN SOON? OF COURSE IT COULD BUT I AM NOT A BETTING MAN.