Iraqi Dinar Guru opinions 11-8-16
Iraqi Dinar Guru opinions 11-8-16
11-8-2016 Newshound/Intel Guru BGG [So what is your take on this latest “Upgrading of the Iraqi Currency” rash of articles?] …even though this is likely a “second circle” commenter…it sure is nice to hear someone in that sphere talking (affirmation) along these lines… AND this isn’t “confirming” anything HAS happened… but still adds another log on the “fire” – so to speak…and this speaks to the very heart of the matter for many people… “IS THIS REAL”? …after all this FBI intervention… had this NOT BEEN REAL – there is NO DOUBT they would have been able to attack the veracity of this – as an investment around that time. Having had (more than one) FTF interactions with the FBI – NOT ONCE did they do this… NOT ONCE did they attack the veracity of the currency as a “holding” or investment. AND…I (even for myself) go back to the FOUNDATIONAL DOCUMENTS as my “proofs” for my thesis… The SIGR Report…The LOI’s…All of the IMF Documents. The EVIDENCE MOUNTS DAILY. “Affirmation”…
11-8-2016 Intel/Newshound Guru Mnt Goat Emphasis now for us is still the progress of retaking Mosul and then moving towards currency reform. We see also in today’s news that the HCL is being implemented and in the budget for 2017. Article Quote: “…the federal government and Kurdish implementation of the terms of agreement between them in the budgets of previous years, the oil agreement, as revealed included the Agreement itself in the budget of 2017…” WOW! The budget is expected to be approved last weekend. Still awaiting news of its passing. These are all very important issues that must be resolved. Does this mean HCL is done? Personally I still know that the PTB want legislation passed in parliament on the agreement and we still have not seen this done.
11-8-2016 Intel/Newshound Guru Mnt Goat Does this mean they can’t implement their current agreement? No! Of course they can continue on the path of reconciliation and get the HCL implemented, however I fully expect that once the budget is passed we will then see the Hydrogen Carbon Law (HCL) also come before parliament and also passed very soon afterwards. It is important to the RV because I have been told many times the USA needs the oil revenue shared with the citizens and the benefits realized by the citizens or they will not sign off on the RV. …it makes total sense to me and goes back to the GW Bush administration policy and mandates. This is what my contact has told me…Let’s wait and see.
11-8-2016 Newshound Guru Breitling Question: [The CBI says they’re raising the dinar against the dollar but I really don’t understand the wording…are they allowing it to float?] Up until a $1.17 it’s going to be a dirty float. These guys are manipulating everything…again what are they using? There using the US dollar to pin against the dinar. They’re using the volume of dinar that are out there. And they’re using the auction floor…throwing the word float out there I don’t think it’s proper. But once they start staging it there will be more and more and more of a float. There will be more of a market driven value. That’s why they’re staging it like that. The CBI is hell bent…they are telling everybody. There are articles that came out [that I want to get more info on them…where they came from…what events were they talking at] but they are remarkable articles about the value of the dinar changing. But it’s no secret. Even without that information those type of articles coming out if you can’t see it coming you’re just not looking hard enough…
11-7-2016 Intel Guru ADMINBILL NEWS FROM AOP (Authors of the Plan) YESTERDAY WAS SIMPLY THAT WE REMAIN ON TRACK WITH THE STANDARD BUMPS IN THE ROAD THAT MOVE IT OUT OR CONTINUE THE CONFUSION. SEVERAL REPORTS SATURDAY AND YESTERDAY THAT WE WOULD SEE THIS THEN OR TODAY…
11-7-2016 Intel Guru RayRen98 Things “popping” in Iraq. Lower denom’s expected to be on the streets and in the hands of citizens sometime this week…Budget: Saturday was the 2nd reading and the third reading is to take place today. CBI: to get some adjustments today from the IMF regarding banking laws. All banks are synced and ready to go to International standards. Rates: DINAR…still thinking it will come out at around $3.71. Everything sounds good.
11-7-2016 Intel/Newshound Guru Backdoc Article quote: “Prime Minister Haider al – Abadi, make a gift to the first commander of the force raise the Iraqi flag over the city of Mosul , a declaration of liberation from Daesh terrorist gangs.” GOOD CALL FRANKIE [GURU FRANK26]! JUST LIKE YOU SAID MY FRIEND! ACTIONS MEAN THINGS DON’T THEY? COMPLETION ON THE 7TH!
11-7-2016 Newshound Guru Enorrste Article: “Learn the benefits of removing zeros from the Iraqi currency ” [Guru] Mike, I tend to agree with you that entry into Article VIII is a necessary prerequisite. I doubt any serious investors in dinars would play in the dinar market without some form of level playing field that is offered through Article VIII. The market spread situation can be corrected by floating the currency. An announcement that the currency would be allowed to float would automatically make the official rate and the street rate identical. Furthermore, the plan is clearly stated to reduce the money supply from 50 trillion dinars to 40 billion dinars. They just haven’t started the process yet. It is my take that the article …is saying that this process will begin in early 2017.
11-7-2016 Newshound Guru Enorrste The CBI will begin destroying the large notes, thus reducing the money supply, and this will put upward pressure on the value of the currency, irrespective of Article VIII. If they also accept the Article VIII conditions, which I believe is the stated goal of the IMF, then the process could move along much faster. Trade would improve in Iraq, thus allowing more money to come into the country, relieving the liquidity crisis somewhat, and this would allow the CBI to begin reducing the money supply. They are clearly on record that they want the money supply to be brought down to 40 billion dinars. They just have to have a mechanism to make this happen without too much of a jolt internally. And, of course, they have to START. I believe the article is saying that they have made a determination that the start will happen in early 2017.
11-7-2016 Newshound/Intel Guru BGG Article: “Central bank governor for “tomorrow Press”: aspire to get foreign Sndhatna international guarantees” Quote: “…The governor of the Iraqi Central Bank on the Keywords, on Sunday, that the bank is trying to get international guarantees for foreign bonds…” One would have to assume this is a foregone conclusion…all of this IMF support is about “international acceptance”.
11-7-2016 Newshound Guru Breitling …They didn’t want to revalue while in Article 7 because they wanted all the restrictions lifted and that was it…there are a lot of people I know who are in American politics still around and they are still sitting on their seat. It was supposed to revalue. At what rate at what price we don’t know but they blew it off for whatever reasons. In hindsight if you look at what troubles came into the Middle East and how things were staged…they made the right decision. now it sucks for you and me because we want the money right? But for them they made the correct decision. If they pulled that trigger and all of a sudden because of the drama that is going on in that arena it went backwards…they probably would not have been able to recover from it. So they correctly avoided it.
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.