Iraqi Dinar Guru opinions 11-7-16
Iraqi Dinar Guru opinions 11-7-16
11-7-2016 Newshound/Intel Guru BGG …the auctions have been a conduit of funds being used for nefarious purposes. [THEY ARE SHEDDING LIGHT ON THE 2ND SIDE OF THE WAR ON TERRORISM WHICH IS THE FINANCIAL AND ECONOMIC SIDE WHICH SUPPORTS THE TERRORISTIC ACTIVITIES…] They have been likely waging this side of the conflict for longer, with greater veracity than anyone is aware of…Mosul is getting all the headlines – but the financial side has been “fast and furious” for sometime now…Huge steps forward allowing the UST offices IN THE CBI.
11-7-2016 Newshound Guru mike Article: “Learn the benefits of removing zeros from the Iraqi currency” Bottom line, Iraq needs Article VIII compliance before the value will rise, the market spread is proving there’s no demand for the dinar right now, in it’s current state. …it’s going to take a while before you can begin to delete the zero’s to begin with. So, if they start in 2017, when will the dinar be worth a dime? Secure the borders, pass the banking legislation, create an open market economy, remove exchange restrictions and reduce the MCP, then we’ll see an increase in the dinar. If anything, the past has proven to us over and over there are no short cuts, the IMF isn’t going to give a pass to the sixth most corrupt nation on the planet.
11-6-2016 Newshound Guru Enorrste Article: “Learn the benefits of removing zeros from the Iraqi currency” I think it is time to start getting excited, again. The first thing that I noticed in this article is the follow quite specific statement: “The purpose of deleting three zeros from the Iraqi currency is to support the Iraqi dinar and make it a competitor of foreign currency”, returned him as “this strategic project will serve the country’s economy if it will be inclusion of the Iraqi dinar in the global basket of currencies in the vital world exchanges.” There are four things to note here: (1) the large notes wil begin tol be deleted “beginning in 2017″; (2) the purpose is to make the dinar stronger (note the word “support” and the phrase “competitor of foreign currency”; and (3) this will “serve the Iraqi economy”; and (4) the dinar will take its place in the basket of currencies in the “vital world exchanges.” Let’s look at these one at a time. [First] The large notes will be deleted. This cannot be a LOP because a LOP would not change the value of the dinar, and the other three points above make it clear that the dinar will rise in value. Therefore, there is only one way that the large notes can be removed from the market place without destroying the fragile liquidity that exists in Iraq already: the value must rise enough to make it feasible to remove the large notes.
11-6-2016 Newshound Guru Enorrste KAP [Guru Kaperoni] has rightly stated…that a minimum of $.10 for the value of the dinar would make it possible to begin removing the three zero notes. This means that we must look for a minimum of a 100 times increase in the value of the dinar sometime during the coming year. Second, the purpose is specifically stated to “support” the dinar and to make it a “competitor in world markets.” At this point the dinar is not internationally recognized or tradable. Both of these factors must be eliminated for point number 2 to come to fruition. The only way in which they can “support” the dinar (in terms of value) and make it “competitive” in the world markets is to allow it to float and to rise to the point where the “support” and “competitive” value become real factors. I therefore expect to see the float start shortly after the new year. Third, this move will “serve the Iraqi economy.” Clearly a move to a float and an internationally recognized currency will cause imports prices to fall quickly and allow for imports into Iraq more easily. This would, then, be consistent with point number 3 that the plan will “serve the Iraqi economy.”
11-6-2016 Newshound Guru Enorrste Finally, the statement is made that the dinar will takes its place in a “basket of currencies” that contribute to the “vital world exchanges.” At present the only currencies that hold this sort of recognition are the dollar, Canadian and Australian dollar, pound, euro, and a few others. By making this bold statement, therefore, the author is re-iterating what we found from Saleh years ago namely that the dinar is going to become a world reserve currency. The only way in which the dinar can take this position is if it is internationally recognized, if Iraq is a part of Article VIII of the IMF Charter, if the value of the dinar is commensurate with that of the world’s reserve currencys (worth about a dollar American, more or less), and is supported by reserves that PROVE that it is a strong currency. The current reserves of $40 billion are sufficient to make the currency the strongest in the world at $1 per dinar. Unlike the US, they won’t need “the full faith and credit of Iraq” to support their currency. However, in addition to the highest relative reserves, Iraq also has the second highest known reserves of underground wealth in the world. Therefore it is well positioned to take its place as a world reserve currency as long as they stick to the plan. The bottom line for me is that this article, even if it is repeating a plan elaborated over a year ago, is more specific and continues the timeline from that earlier article. 2017 would appear to be the year when this will all truly begin to move forward. Keep your fingers crossed!
11-6-2016 Intel Guru ADMINBILL ANOTHER WEEKEND IS ABOUT TO PASS US BY WITH NO RV. BUT…I CONTINUE TO BE TOLD IT IS ON THE WAY… [Isn’t “now” also the timeframe that the authors of the plan had spoken of?] THAT WAS MY UNDERSTANDING BUT CIRCUMSTANCES CAN CHANGE FROM WHAT I AM TOLD. HANG IN THERE EVERYONE.
11-6-2016 Newshound Guru rcookie Article: “Iraq and its allies and drying financing Daesh” Quote: “The Central Bank of Iraq and through close cooperation with the US side put a black list to prevent funds from reaching the territory controlled by Daesh, and has more than 150 companies today.” SO…HERE WE HAVE DETAILS ON THE US TREASURY INVOLVEMENT WITH CBI…TO MONITOR USD SHIPMENTS FOR THE 1ST TIME…TO PREVENT DELIVERY OF USD TO ILLICIT DESTINATIONS…AND DESCRIBES AS TURNING POINT OF FIXING THE FAILURE OF THE AUCTIONS…AND THROUGH CLOSE COOPERATION DEVELOPED THE “BLACKLIST” OF BANKS TOTALING 150 THAT ARE NOW EXEMPT FROM AUCTION ACTIVITY..
11-6-2016 Newshound Guru rcookie THE FIGHT AND PROGRESS AGAINST CORRUPTION HAS BEEN ONGOING SINCE ABADI TOOK OFFICE….BUT THESE ARE INTENSE STEPS AND COOPERATION BY CBI AND WASHINGTON TO CONFRONT AND ADDRESS THE AUCTION BREACHES…WHILE SIMULTANEOUSLY SETTING UP THE NEW ANTI CORRUPTION AML ANTI TERRORISM DEPARTMENT WITHIN THE CBI TO BE COMPLIANT WITH IMF MANDATES…AWESOME PROGRESS…
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.