Iraqi Dinar Guru opinions 10-26-16
Iraqi Dinar Guru opinions 10-26-16
10-26-2016 Intel Guru Dr. Clarke Iraq cannot demonstrate its True, Complete Value in the marketplace, which includes it’s currency value, with ISIS still officially, located and operating within the country. But once, it’s Officially gone, THEN, almost instantly, Iraq’s value in the eyes of the World markets, will skyrocket, from then forward. Until then, they still have Value, but NOTHING COMPARED to when it’s ISIS free. That, my friends, is when you’ll see the Dinar’s International Exchange Rate, truly hit those high numbers, everyone is hoping will occur – but not before…and thus, the wait till Iraq is ISIS free, will have been worth it, and not for some premature very low rate, because their World Value, was minimized, for Security & Safety issues, within the country. This, as well, has been in the “Plan” for Iraq, U.S., and other countries connected with this full liberation, and “Pay back” for time and money spent in the endeavor of Iraq, the past 15 years.
10-26-2016 Intel Guru Dr. Clarke Also, please understand that many other currencies, such as, and especially the VIETNAMESE DONG, have been held at bay, as to it’s value in the marketplace, due primarily to the status of ISIS worldwide, and specifically in Iraq & Syria. The reason, is that, for Everyone to go forward in the most beneficial way, from country to country, market to market, and to be Fully Secure and Safe to transact business… They did not want to risk it before, knowing many have had currencies, awaiting large movements upward. I know, most will argue this is NOT the case, but it is. Watch all the movement, in the weeks and months following the liberation of Mosul & Raqqa, and how some of these currencies will start moving upward in value…and of course, some others will begin a downturn, as a result of world economic balance.
10-26-2016 Intel Guru Dr. Clarke Iraq, through the CBI, will post and then announce, a substantially increased rate within the country, which WILL NOT be of International status, to Begin with right away, out of the blocks. We firmly believe they want to coincide this “in-country” rate, and give it enough time to settle in and be manageable, in order to then announce Publicly, an OFFICIAL International Tradable Currency, by JANUARY 1, 2017, which is the official start of their 2017 Fiscal Year – which means, we think this announcement will take place sometime, right BEFORE JANUARY 1st, 2017 – perhaps the Last Week of DECEMBER 2016. This ALL depends now, on whether Mosul is Liberated or not, in order to announce this International status – BECAUSE, if Mosul is Liberated, and if Raqqa is Liberated, THEN THEY CAN ANNOUNCE TO THE WORLD, THAT IRAQ IS TRULY ISIS FREE, SAFE, SECURE AND OFFICIALLY READY FOR BUSINESS. All In our Opinion..
10-26-2016 Intel/Newshound Guru Mnt Goat Very good news today to report. Again I say it is moving so quickly. Article quote: “the enactment of the oil and gas law is very difficult”, so it need a political agreement for the legislation there must be an agreement between all the parties and after the enactment of the Act.” Here come the HCL! Iraqi council of ministers knows they must have a legal law to administer the oil and gas policy in the country. This is much more than just the distribution of the 17% of the oil revenue to Kurdistan. I have explained many times…just how involved this HCL really is. This new law now also includes the Article 140 provisions. So now we see yet more news come out as they are meeting again on this issue and will continue to meet and change the draft HCL until it satisfies everyone and can be voted on. This is needed prior to any RV. It is closed [closer?] than ever and I believe they will be done with this law in the next couple weeks…
10-26-2016 Intel/Newshound Guru Mnt Goat Article quote: “The prime minister Haider al-Abadi, Tuesday, Iraqi forces engaged in “an advanced stage” of liberalization city of Mosul” Many wonder about the progress of the battle for Mosul. Well the article…is telling us that after only 9 days of fighting they are moving now into the final phase. I totally believe they will be done by the end of this week and move on to the reconstruction and resettlement phases….this does not automatically mean an RV. Does Iraq need security? Yes- and getting rid of Daesh certainly moves them to that goal. But remember they still need the laws passed. They also told us a target timeframe of “early 2017”. We still have not heard any news about re-education to the citizens or the launching of the lower denominations and this we know are the next steps they must take in the final rounds of the process towards any significant increase in the value of the dinar…the final phases of the long 5 year process in this effort to moving to the international exchanges… It’s coming.
10-25-2016 Intel Guru ADMINBILL I AM OFF THE PHONE AND READY TO ANSWER QUESTIONS…MY PHONE CALL WAS WITH ONE OF THE AUTHORS OF THE PLAN WHO WAS GIVEN PERMISSION SPEAK TO YOU THROUGH ME AND ANSWER QUESTIONS POSED TO ME TO THE BEST OF MY ABILITY. […the Authors are also Implementers?] YES. […when?] BY NOVEMBER 10TH. [Is the election influencing the release date?] NO… NEITHER IS IRAQ – MUCH OF WHAT YOU ARE HEARING ABOUT IN THE NEWS WAS COMPLETED MONTHS AGO.
10-25-2016 Intel Guru ADMINBILL [Any rates discussed or at least ranges?] IN COUNTRY RATE IS $3.71 AS REPORTED BY [Guru] RAYREN98. THE BASIC PREMISE FOR RELEASE WILL BE TO KEEP IT AS LOW KEY AS POSSIBLE… THESE GOOD PEOPLE HAVE BEEN TRYING TO GET THIS DONE FOR MONTHS. THEY BELIEVE THEY ARE THERE. WE ARE CLOSE – ON OR BEFORE THE 10TH IS A DAY TO LOOK AT AS A STRONG POSSIBILITY.
10-25-2016 Newshound Guru Kaperoni …monetary policy is a set of procedures that the CBI must follow, like all central banks. Their are no short cuts. That being said, the CBI is trying to do what is right and they have an agreement (SBA) with the IMF to achieve those goals…It takes time and it is a process. […can anyone…tell me why the US would give aid to Iraq without something in exchange, example, US insistence that Iraq stay pegged to the dollar?] The US has said no such thing. The IMF has stated so under the current conditions and that is because they are guiding the CBI through this financial crisis.
10-25-2016 Newshound Guru Kaperoni [why would Iraq depeg or stop selling the dollar and “free float” the dinar? It just doesn’t seem likely…] …is not a choice. It is not something that decided randomly, but an event as part of the CBI’s monetary policy. To simplify, the CBI has what it calls a Capital Account…in which investment funds are that come through the banking system end up in. As the Capital Account grows, so does inflationary pressure on the Iraqi economy. As a result, the CBI, must have a more flexible exchange rate (some type of float) to counter this pressure. In other words, as investors and investment comes into Iraq, the exchange rate will rise.
10-25-2016 Intel Guru Frank26 There are things occurring behind the scenes with the Monetary Reform. IMO…countries are interested in doing business with Iraq…and Iraq is paying them …maybe the IMF is paying them…the international world is doing business with Iraq…and they are paying for their goods. WHOA! IMO — if that is true…the international world is gaining confidence with Iraq and the new ministers working with Abadi. A week ago, Sunday at 3:03 am Iraqi time…there was the “start” of the operations of Mosul…but I would say it was also the start of international business because they were put on a WHITE LIST. I believe that this TRANSITIONAL RATE that is being used…(not in front of our eyes, nor the CBI…because by law, they would have to tell you they are)…is being used…to bring in these goods. The citizens needed to trust the banks…but the international banks need to trust Iraq and their government. From black, to gray, to white …(the list)…it means they are UNRESTRICTED! This is the freedom of movement and possibly within their capital…all IMF requirements. This is the Monetary Reform being born in front of your eyes! I believe that a countdown with the IMF started around that time.
10-25-2016 Intel Guru Frank26 …within 10 business…(normally 30)…there would be some needed info passed to the IMF or in increase in the rate to qualify with what they are doing within their budget…to do a CURRENCY SWAP with the rate of the IQD against…(possibly) a basket of currencies. We believe the Abadi and Saleh are sending confirmations/documentations to the IMF within the 10 days…which are coming to a close…all BEFORE November. IMO — all an indication of their financial reform. IMO — each member of the IMF needs verification…before any change in rate…to be completed before November. IMO – that includes a rate change…that deals with contract goods. The letter to the IMF lets each member within the IMF knows of the rate. The IMF cannot finalize the agreement with Iraq until they see documentation. This will be the FINAL letter to the IMF within these 10 days. It will give the IMF a good idea of when Iraq will raise the value of their currency.
10-25-2016 Intel Guru Frank26 The IMF is in business to make money with Iraq. There is no profit at a program rate. I told you, I don’t think we’ll ever see 1 to 1. They might surprise us all with the international rate when it does come out. In the ‘70’s and ‘80’s, it used to be around $2.80. When Saddam took over, it was over $3…and the Gulf Currency is launching around $2.60 to $2.70…which is a fair number to start at. We believe that the IMF may meet on the 7th of November to see if Iraq completed all they needed to do…but IMO…meetings are ongoing now. IMO – the MR consists of the RI…and that is for the IMF. The international world which consists of the Economic Reforms…which is the RV — (which is not a part of the IMF). The RV is for the international investors. Give us Mosul…and you have the MONETARY REFORMS. Mosul is about 80-90% done. There is NO STOPPING the Monetary Reform. IMO – they are doing everything on time. The timing may frustrate you, but I think the timing is brilliant.