Iraqi Dinar Guru opinions 8-29-16
Iraqi Dinar Guru opinions 8-29-16
8-29-2016 Newshound/Intel Guru BGG I cannot see how anyone is actually following the financial details of this thing and not be thoroughly EXCITED about where we are (finally!)…One point that gets missed alot – they have signed deals and agreed to remove and adhere to a more “international standard” regarding their internal MCPs… (…”multi-currency practices”)… THIS IS HUGE… MCPs coming to an end…this is a big point in their whole “economic reform package” – it is a complete overhaul… MCPs and currency being only one point of the program…even until recently – they are still (or have been) operating under some odd MCPs. The WB and IMF doesn’t like it…they have agreed to change – and have taken direct action and taken on breath-taking reforms on daily…it’s happening before our very eyes…and my final thought is this…
8-29-2016 Newshound/Intel Guru BGG …once they step across that “currency threshold” moving towards a “singular currency regime” – the logical solution is for the IQD to be “on par” with the USD (which they are currently using)…you do realize what I just said – RIGHT? the IQD is widely regarded as “GROSSLY UNDERVALUED”… by noted world economists… for them to move to a “single currency” there needs to be some parity once they do so…they can’t come right out and say what it is they really mean (or convey their true intentions)… but this is looking inevitable.
8-29-2016 Newshound/Intel Guru BGG “The World Bank expressed its readiness to support the Iraqi government financial funding without conditions in order to support its reform program which was approved by the House of Representatives …” “it’s reform program…” – already approved by the HoR? what are they talking about? [Looks like they know what we don’t.] that’s exactly what it looks like…and in light of the MoP “printed plan” from 2012/2013…looks like “back to Plan A”…BTW – MoP (Iraq Ministry of Planning) “printed plan” from 2012/2013 = IQD worth 1.13 USD for approx. 3 years…
8-29-2016 Newshound Guru firefly Remember, their currency was NEVER devalued …it was shut off due to sanctions…At the request of the US and the UK.
8-28-2016 Newshound Guru Phoenix3333 Article: “Iraq’s Credit Rating (B- / B) with a stable outlook (Standard & Poor)” Quote: “Set the credit rating agency Global Standard & Poor ‘s , on Saturday, its credit rating for Iraq when (B- / B) with a stable outlook. The experts say that this class is very close to the economic reality of Iraq under the circumstances witnessed by the decline in oil prices and the war on « Daesh »terrorist.”
8-28-2016 Intel Guru ADMINBILL HERE WE ARE AGAIN. ANOTHER DAY OF THE WEEK UPON US WITH RUMORS IN THE AIR OF PAYMENTS MADE AND SIGNATURES COMPLETED. PROGRESS IS BEING MADE OR SO WE ARE BEING TOLD. ACTUALLY, I BELIEVE THAT IS TRUE. PERSONALLY, AND THIS IS JUST MY OPINION AND NOT BASED UPON ANY FACT, THE RV/GCR/BOND FUNDING INITIATIVE HAS CHANGED COURSE WITH THE INTRODUCTION OF A NEW ASSET INTO THE PICTURE A COUPLE OF YEARS AGO. INSTEAD OF THE GEORGE BUSH PROMISE TO PAY FOR THE IRAQ WAR WE SEE AN ESCALATED EFFORT TO RESHAPE OUR WORLD WITH EXTRAORDINARY PROJECTS AIMED TO BETTER INTERNATIONAL COMMUNITIES AND COUNTRIES. IT IS A PROCESS. WE MAY SEE AN END THIS MONTH OR POSSIBLY LATER THIS YEAR.
8-28-2016 Newshound Guru mike Article: “Economist: 2017 investment budget will not be implemented because of the magnitude of the deficit” Quote: “It is said that the Prime Minister Haider al-Abadi, said he was determined price of $ 35 per barrel of oil within the 2017 budget, noting that the 2017 budget suffers from a large deficit to a lack of oil imports, compared with a rise of employees and retirees salary cap.” This guy is spot on about the investment side of the budget, its a figment of imagination. If Iraq pumps 3.5 mbpd at $35 or $40 a barrel, that’s only $50 billion annually, that’s just enough for payroll. From what I’ve read, the IMF is trying to get rid of this kind of stuff but even with that, there’s nothing left for infrastructure or government owned enterprises, oil won’t cut it anymore.