Iraqi Dinar Guru opinions 10-6-16
Iraqi Dinar Guru opinions 10-6-16
10-6-2016 Newshound Guru Adam Montana I had not hoped for much during September, but there is still a distinct glimmer of hope that we will see some action this month. Does that mean “RV”? Nobody can make that promise, but let’s talk about what we know…as we enter October: Over the summer…we saw a very disappointing DIP in the PPB (Price Per Barrel) around August. Bad news: The PPB is not at the $65 mark that Iraq set it’s budget at… Good news: Oil has came a long ways in the right direction for them, from ~$35 to the current ~$50. …an increase in the price of oil – or even a reasonable expectation of that – is good incentive for “The Iraqi Powers That Be” to flip the lid off the button and get ready to push it!
10-6-2016 Newshound Guru Adam Montana Abadi’s New Government… This could also have a major impact on the progress (or lack of) we saw over the summer, and even last month. …Abadi did a HUGE staff change…but…some of the people he wanted to throw out or move to the side have dug their heels in pretty good, and this is yet another prime reason I think we saw things slow to a crawl over the past few months. Good news: In Tomorrow or Saturday’s session, Abadi is scheduled to give the final list of the new crew…this is a GREAT step for us. The government of Iraq, under Abadi’s new leadership, has proven to be immensely more stable than any time during the previous decade. Stability of the Iraqi Dinar…as reported by multiple sources…the trading price on the Dinar has maintained stability against the USD to within a couple percentage points. In fact, one could argue that it’s perhaps one of the strongest currencies in any market…The IQD has come an incredible and extraordinary distance in the face of many challenges. We don’t think they are done surprising people.
10-6-2016 Newshound Guru Adam Montana And now let me top this all off with a little bit of sweetness… Article quote: “…Office of the Prime Minister said, that the issue of the Kurdistan Region’s share in the budget for fiscal 2017 will be resolved in the coming days.” To me, that says…BOOOOOOM! We are 3 months from the end of the year. As I mentioned earlier, they probably felt a bit of a setback from the price of oil, which didn’t stabilize where they planned on it settling. Yet they are now talking about the next budget, with concrete(ish) deadlines for specific (and important) milestones. We are already seeing signs that the full Cabinet will be listed and possibly in place – you can bet that they are MUCH further “behind closed doors” than they are letting on – but we are seeing that this progress could happen as soon as this weekend, around 8th of October…we shall see. I’m hearing good things from my people…
10-6-2016 RUMOR Guru Bluwolf I wish to tell all that a lot has been happening in all aspects of the current worldwide situations as of Thursday 9-29-2016; 2:45 p.m. est. and that what each of us has been waiting to occur is now a given. My thoughts on this last matter (WE ARE THERE).
10-6-2016 Intel Guru ADMINBILL HEARD…THAT ONE OBSTRUCTION WAS YET TO BE WORKED THROUGH. KICKOFF NOW EXPECTED TO BE COMPLETED ON OR BEFORE THE 15TH.
10-5-2016 Intel Guru Frank26 Is China bringing the strength that the IQD needs…or is the IQD bringing the strength to a basket that is filled with other currencies that the Chinese Yuan has just joined? IMO – I believe that the IQD will not be put into the basket, it will be used to support the basket. That is how powerful the IQD is.
10-5-2016 Intel Guru Jester Today, the International Monetary Fund (IMF) announced the launch of the new Special Drawing Right (SDR) valuation basket including the Chinese renminbi (RMB), and the new currency amounts that will determine the value of the SDR during the new valuation period. THE NEW SDR IS HERE!
10-5-2016 Intel Guru Frank26 Iraq went through a National Reconciliation Day…THAT WAS HUGE!!! Do you know what that is? That’s like our 4th of July – on that day, they told the citizens that they have plans… Abadi received the full plan for the liberation of Mosul…Mosul is eminent… National Reconciliation Day stands for unity, and on that day there was a lot of agreement within the GOI and what they said to the citizens. That they put up a front that IRAQ IS UNIFIED. The accountability and justice law is secondary to the amnesty laws. You are about to see them, and they are important because it brings Iraq together. I believe that tomorrow, Abadi’s speech will talk about that.
10-5-2016 Intel Guru Frank26 The ACCOUNTABILITY & JUSTICE LAW, and the NATIONAL RECONCILATION DAY…has EVERYTHING to do with the monetary reform of the IQD! The IMF gave them BEFORE NOVEMBER…if they wanted the LOANS…and now the BONDS. We are NOT deviating from that! US Congress will NOT back them up until they raise the value of their currency…Iraq is following the IMF – regardless of how long it takes. In my opinion, the GOI has less than 18 things they must accomplish. The CBI only has one thing to do…raise the value of their currency. Inside…in my opinion…it will be 1 to 1 with the USD…but that is a neutral event INSIDE OF IRAQ…in my opinion, the lower denoms are in position, waiting for the value to give them life.