Iraqi Dinar Guru opinions 11-6-16
Iraqi Dinar Guru opinions 11-6-16
11-6-2016 Intel/Newshound Guru Mnt Goat …by the implementation of the customs and tariffs law Iraq is now able to track goods and services coming into Iraq. This is one reason why it was so imperative to get this law completed. So in following the proper customs and tariffs procedures it is a way of now matching the imports coming into Iraq to the demand for the dollar in these currency auctions at the banks. So far the demand far exceeds the imports. So where is all the extra dollars going if not to pay foreign debt? We see it is going to fund Daesh/ISIS terrorists and Iranian militia.
11-6-2016 Intel/Newshound Guru Mnt Goat It has been very difficult to control this corruption. Many ways have been tried. This in part has been the hold up of the launching of the new currency (the lower dinars) and going forward with the currency reform measures, as I am told by my CBI contact. As we know the CBI has already created a scarcity situation with the dinar in the process of the “project to delete the zeros”. They have told us they are ready and fully prepared to launch the lower denoms but had to postpone this effort due until the security situation in Iraq is fixed.
11-6-2016 Intel Guru Dr. Clarke Still Right on Schedule…Looks good for an NON-International rate increase BY around Dec. 1st, with an Official International status & Rate BY Jan. 1, 2017, when they officially begin their new fiscal year. The Dong status is the same…could increase at any moment, but it’s likely to substantially increase BY Jan. 1st, as well…AND when VN begins fiscal year.
11-6-2016 Newshound Guru rcookie “Parliamentary Finance reveal: 2017 budget will include former oil agreement between Baghdad and Erbil” THE 2017 BUDGET LAW WILL INCLUDE OIL AGREEMENT BETWEEN BAGHDAD AND ERBIL…AND IMPLEMENTATION OF AGREEMENT SIMILAR AS IN PREVIOUS YEARS. EXACT SAME PARAMETERS AS 2016 BUDGET…ONLY NOW KURDS CAN EXECUTE FULLY WITH CEYHAN FULLY OPERATIONAL.
11-5-2016 Newshound Guru Kaperoni As we get closer to the end of the year, we should see more informative dinar news if in fact the CBI is preparing to make changes to policy.
11-5-2016 Intel/Newshound Guru Mnt Goat We know they are working very closely with the IMF, World Bank and the WTO to put in place all financial and economic reforms. Why put all these reforms in place if not for a purpose. Certainly we know it is time for Iraq to move out of their “closed economy” and join the “global economy”.
11-5-2016 Newshound Guru Breitling Question: To take the dinar to international status do they have to be article VIII and no more than 2% spread for at least 90 days? They are at international status. Is there a bulletin board somewhere that says we don’t recognize the Iraqi dinar currency? What country gets to say the Iraqi dinar is a currency? You have the most powerful country that’s every existed on the planet that’s go the most powerful currency that has every existed on the planet and we’re the ones who actually produced their currency that they have right now. If you want credibility to know these guys are legit we’re the ones who set it up… Everyone in the dinar community was able to purchase the Iraqi dinar in their country so obviously there is no restriction …
11-5-2016 Newshound Guru Kaperoni Article: “Exclude” the application of a unified Gulf currency in the near term” Quote: “Confirmed economists, that put up a unified currency Lt six members of the Gulf Cooperation Council is unlikely in the long foreseeable future.” More good news…for years the Middle East has talked about unifying to a single currency, which if it happened would not be good for us as we want to see Iraq with it’s own strong Dinar. The statement “unlikely in the long foreseeable future” is good news for sure.