Iraqi Dinar Guru opinions 9-6-16
Iraqi Dinar Guru opinions 9-6-16
9-6-2016 Intel Guru Frank26 In Iraq -business that trade out of Iraq has to do everything in dollars. Auctions allow for them to buy dollars and then purchase the products from outside of their country. That is because they are not international and currency is worthless. Now they have letters of credit like you and me with any bank, so they have more time to pay the debt ie 30 days net, instead of cash when they order. This does eliminate the dual currencies which the iMF wants them to do and become a member of WTO. This all means they may have time to pay but they need to pay with their own currency and not the dollar. Which IMO leads then to RI/RV the dinar, and not much time to do it by the way. NO BODY IS GOING TO GIVE IRAQ AN LOC IF THEY ARE NOT GOING TO PAY IN DINARS…in our OPINION.
9-6-2016 Newshound Guru rcookie Article: “Parliament will vote on bills and other discuss in its session on Tuesday” SO…..PARLIAMENT IS WORKING TOMOROW…[TUESDAY].
9-6-2016 Newshound Guru rcookie […I thought the auctions were set up to get the USD off the streets?] THE AUCTIONS ARE TO ALLOW IRAQ THE ABILITY TO CONDUCT BUSINESS AND TRADE AND PAY FOR THE GOODS AND SERVICES AND HAVE AN ACCEPTED CURRENCY TO PAY VENDORS WITH AND NOT BE ANNIHILATED BY LACKE OF VALUE AND HAVING TO PAY A THOUSAND TIMES MOEE FOR THOSE GOODS IN THE PROCESS… ADDITIONALLY…CITIZENS TRAVELING ABROAD…STUDENTS …OR PEOPLE RECEIVING MEDICAL TREATMENTS…THAT NEED TO HAVE A RECOGNIZED ACCEPTED CURRENCY WITH THEM ARE ALLOWED TO TAKE…BUT WITH CAP RESTRICTIONS.
9-6-2016 Newshound Guru Phoenix3333 Article: “Ammar al-Hakim appointed head of Iraq’s largest political parliamentary bloc” Quotes: “Members of the largest Iraqi political bloc have elected the head of the Islamic Supreme Council of Iraq (ISCI) Party as their new leader.” “An informed source said on Sunday that Ammar al-Hakim, the leader of the ISCI, has been appointed the head of the Iraqi National Alliance (INA) for one year…” “…Hakim will now be replacing Iraq’s Foreign Minister and former Prime Minister Ibrahim Jaafari as the head of the alliance…”
9-5-2016 Newshound Guru Kaperoni Article: “Washington suggest the IMF projects growth of non-oil sector in Iraq by 2018 ” Quote: “…spokesman for the US embassy, that “Iraq needs to do some major reforms to improve its climate for investment for both Iraqi and foreign parties…” What this means to me is the US expects currency reform soon.
9-5-2016 Intel Guru SteveI …ISIS appears to be almost history. Awesome progress by all forces involved…what is left of them is huge news for all of us. Each day is one day closer with such great news.
9-5-2016 Newshound Guru rcookie MORE AND MORE TALK ON A DAILY BASIS FROM EVERY CORNER OF IRAQ…ABOUT THE DIRE ABSENCE OF HARD CURRENCY AND LIQUIDITY IN THE IRAQI MARKETPLACE…
9-5-2016 Intel Guru Frank26 …Abadi told you he is 92% with his reforms…but …where Abadi is done with 92% of the reforms in Iraq…he is only IMO 33% complete in the corruption files…the boxes and boxes of corrupt files… But of the boxes they have 100’s and 100’s of people…only six were of major issue…the United States very politely took junior by the ear and said look…clean up your room…they cleaned up the CBI and they are cleaning up the GOI. …these are the six ministers who are extremely important in the boxes and boxes of criminal corrupt files that came to Abadi. #1 Obeidi…they got you #2 Zebari…they will get him next week….but…interesting what Zebari is doing to save himself right now. #3 Maliki…they will get to him…very soon. #4 Myswani. #5 Jafaari. #6 ??? IOO…that 92% includes the Monetary Reform…because corruption needs to stop…and it hasn’t…but it is improving dramatically…the Monetary Reform is waiting for the corruption reforms to catch up. There is not a single dime that is flowing out of Iraq that Iraq, the IMF and the United States is not aware of….that security level is beautiful right now…