Iraqi Dinar Guru opinions 8-31-16
Iraqi Dinar Guru opinions 8-31-16
8-31-2016 Intel Guru Frank26 …the Monetary Reform of the Iraqi dinar is picking up pace in all areas…September, IMO…will reveal a bunch of stuff… IMO…there is about four billion 000’s notes that are out there…we want to get down to at least one billion in our note count that is out there…now I think and I feel they are being very successful in this approach… So as Abadi deals with the GOI and the budget and all of these things for the Monetary Reform…the killing of ISIS and the preparation of Mosul is coming along very well. …once they are done with this stuff they are doing right…we are going to see the Monetary Reform speed up better…what is going on right now is actually…kind of like a performance for the international world… I also suggest to you IMO the HCL is done…but it is not implemented…but it is ready…
8-31-2016 Intel Guru Frank26 The IMF also told Abadi you need to reduce your GOI ministers and he did…he went from 22 cabinet members to 12… Abadi can and will get the reforms done…the Economic and the Financial Reforms… It is all coming together IOO in order to create order within Iraq. They are going to remove the MCP of the other currencies they are using…they won’t use the USD but they will be pegged to it…they need to stop using foreign currency now that they are about to come out with a budget….and if it comes out 1 to 1…you need to understand that was the whole plan from December. 2012 might have been at 10 cents, 20 cents, 30 cents, whatever…but now the IMF since December has made it very clear it is 1 to 1…plus…every time an article comes out from the GOI or the CBI or some Financial Committee member it is always 1 to 1…I am of the school that they will come out at 1 to 1.
8-31-2016 Intel Guru Frank26 You will see IMO…Abadi giving you a liberated Mosul with a flag in the center of it…you see IMO…the beginning…disclosure…of the 2017 budget…you will see the electronic and digital steps starting…you are going to see and hear things much more clearly in the month of September…let’s see what happens between now and the 9th of September…because from the 9th to the 30th things will become solidified…much clearer in understanding…you will be able to see visually that the things they have said…they are doing them…right before your eyes…that will lead to their budget…that will lead to their Monetary Reform.
8-31-2016 Newshound Guru Kaperoni Article: “Central urges expansion of banking activities” They are starting to roll out banking reforms, ever so slowly. You cannot have private investment or a market economy without it. We need laws but the wheels are turning.
8-31-2016 Newshound Guru rcookie [how about a reality, (real) rate based on their assets?] A COUNTRIES ASSETS ARE ONY A SMALL PORTION OF BASIS OF CURRENCY VALUATION…ASSETS ARE BARELY IN TOP 10 DETERMINANTS…WE SHOULD BE LOOKING AT INFLATION…INTEREST RATES…CURRENT ACCOUNT DEFICITS (TRADE BALANCE)… PUBLIC DEBT…TERMS OF TRADE BALANCE OF PAYMENTS…AND POLITICAL STABILITY & ECONOMIC PERFORMANCE.
8-31-2016 RUMOR Guru Bruce …it is very quiet overall. We know a lot happened in Iraq that is relevant to the timing of this going. WE know Iraq has passed and enacted the two laws…judicial law…and amnesty law …and printed in Gazette. The key cards have been out; the rates on these cards are over 5 dollars. Iraq has plans to go up on their rates from where it is now. WE understand there is a time line and we are at the end of the timeline. WE are coming down to the wire.
8-30-2016 Newshound Guru rcookie Article: “Urgent: Cabinet vote on the 2017 budget” Quote: “Cabinet voted Tuesday 2017..itba the draft budget law.” SO…CABINET HAS VOTED ON 2017 BUDGET AFTER AMENDMENTS..
8-30-2016 Intel Guru SteveI …they will change the value on their terms and timeline, so just let it come to you, and it will.
8-30-2016 Newshound Guru rcookie Article: “Urgent: the capture of the private financial officer to “Khaled al-Obeidi” Quote: “Issued judiciary on Tuesday ordered the arrest of chief financial officer of the former defense minister.” …[THEY] ARE FALLING LIKE DOMINOES…335 CORRUPTION CASES RETURNING 335 MILLION IQD TO STATE TREASURY…IN JULY ALONE!
8-30-2016 Newshound/Intel Guru BGG [Kurdistan wants to secede and Obeidi said OK, whats up with that?] Obeidi is gone…He carries no weight – whatsoever…However, Abadi – on the other hand, may “project” he is OK with that (for now)… but I don’t see it. The Kurds don’t have the money or ability. They know it. They are just pushing for whatever they can get…maybe they are after some territorial concessions… threaten to leave… stay if they get some additional territories… or get some solid hold on what should have been theirs all along…one way or the other – they will stay.
8-30-2016 Intel Guru ADMINBILL THOSE THAT ARE TALKING ARE ALL SAYING THAT ON OR BEFORE SEPTEMBER 1, 2016 IS SIGNIFICANT FOR DINARLAND. WORD IS THAT IRAQ SHOULD SEE THE RELEASE OF THEIR NEW PAPER AND COIN CURRENCY TODAY. ALL IS SAID TO BE COMPLETED WITH THE INCLUSION OF A CERTAIN 2013 DECREE TO BECOME ACTIVE AUGUST 31ST. THOSE THAT I TALK TO CONTINUE TO BE VERY POSITIVE. SO ARE THEIR SOURCES.