Iraqi Dinar Guru opinions 11-9-16
Iraqi Dinar Guru opinions 11-9-16
11-9-2016 Newshound Guru Breitling There are some significant articles coming out of Iraq about the revaluation of their currency and I’m still digging in to find out who is saying this and what event they are saying it at. And make sure they are just not quotes. Here’s the thing…it’s coming down the road. You should be very happy, you really should. You should have confidence in this. You should have confidence in what the CBI states… Who’s managing this? the CBI. Who gave them their orders? Ministry of Planning and the Ministry of Finance, parliament. that’s it. That’s what you and I do…we follow that. Making sure that what they said there is actually accountability behind it…like the note count…hello! It’s that simple. You should be very very excited. I know people have been waiting for this to happen for a long time and it kind of dulled your senses. You went on the roller coaster ride. But this is more reality than all the bad information you got. Or the hype you were given. Or all the incorrect stuff you were told. You should be more excited about the reality of this.
11-9-2016 RUMOR Guru Bruce What we waiting for? Everything is basically complete. What we are looking for is when the lower denominations are completely out for the whole country. That is the next step. The lower denominations, 100 and less are about to be seminated in Iraq 2 hours after the morning prayers in Iraq tomorrow [Wednesday]. They will be put out throughout the whole country. There is a bond offering that started Saturday at noon…Last night these bonds were available to be actually to be purchased. It is important for these sales to take place for equity of these lower denominations coming out a couple hours after Morning Prayer. Also these bond transactions are elevating the rate of the Iraqi dinar. The rates are higher than we thought. That is where we are in terms of the process. The Intel as such is looking at reasonable conclusion without us calling it very shortly based on that information.
11-9-2016 Newshound Guru FrostyTheSnowman IMO…there is WAAAAAYYY too much progress going on right now…the EVIDENCE / CONFIDENCE / SECURITY / DEMANDS / ACTION … the PROGRESS has been HUGE!!!
11-8-2016 Newshound Guru rcookie Article: “Masum planning calls for a general census of population” ANYONE KNOW WHY…A GENERAL CENSUS IS SO IMPORTANT…ANYONE KNOW HOW TO SPELL HCL…TO HEAR MASUM ACTUALLY CALLING FOR GENERAL CENSUS…WOW!
11-8-2016 Newshound Guru mike Article VIII is the key, they won’t be able to reduce the money supply and create demand unless the currency is internationally recognized, if they just jump off the peg now I’m concerned that the dinar will drop significantly in value. It will marry up the market and official rates, but at extreme cost to the citizens by increasing inflation and reducing purchasing power. So, if they start the process in 2017, when will they accept Article VIII? We know the MCP has to hold for at least 90 days at 2% or less so that puts us roughly in April or May, at the very earliest. Then they accept Article VIII and begin to rebuild the economy and the currency and the dinar slowly begins to appreciate while the money supply decreases, I’m wondering how long that would take? By all estimates, the Iraqi’s are talking about a two year process once it’s begun, so for me, this puts it out a good bit. I guess the good news is that they’ll actually begin the process in 2017..
11-8-2016 Newshound Guru rcookie SOMEONE ASKED ABOUT WTO ACCESSION PROGRESS AND STATUS… THEY ARE PREPARING A SPECIALIZED LEGAL TEAM TO DEFEND IRAQS FINANCIAL, ECONOMIC AND INVESTMENT RIGHTS INTERESTS IN LAWSUITS WHOSE COSTS CAN WEIGH HEAVILY AGAINST BUDGET AND WILL MINIMIZE SPENDING ON INT’L LAW FIRMS THAT IRAQI IS CURRENTLY SPENDING… ESTABLISHMENT OF ARAB UNION OF INTERNATIONAL ARBITRATION HEADQUARTERS IN BAGHDAD…A SPECIALIZED LEGAL TEAM TO REPRESENT IRAQS INTERESTS ON INTERNATIONAL TRADE AND BUSINESS… THINK ABOUT THIS RELATIVE TO ONE OF THE BIGGEST ISSUES INVOLVED WITH WTO ACCESSION…CONFLICT AND DISPUTE RESOLUTION BETWEEN TRADE NATIONS…AND IS OFFICIALLY REGISTERED WITH THE UNITED NATIONS…ANYONE NOT SEE THE POWER AND SIGNIFICANCE OF THIS MOVE TO THE INTERNATIONAL INVESTMENT COMMUNITY… AND WTO AND IMF..
11-8-2016 Newshound Guru Enorrste Article: “Central Bank: the deletion of zeros in early 2017″ The following quote adds some fuel to our story: “this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity in the market.” We see from this…that this precludes any LOP discussion. But more importantly there are the words “dynamics and mechanics” which clearly make this an ongoing process rather than an event. The key is the last phrase referencing maintaining the liquidity in the market. What makes this a particularly challenging process is that they are going to be reducing the money supply, which would normally reduce liquidity, but will be doing so only as the VALUE of the dinar rises, which will offset the reduction in liquidity. I can understand why they have been hesitant to begin the process. It hasn’t ever been done before, that I am aware of. Usually a currency loses value due to inflation. In this case, however, the expectation is that it will gain in value. What they cannot afford is to have 50 trillion dinars out there if the value skyrockets upward. So I understand there caution.
11-8-2016 Intel Guru Frank26 Are we at the end of the road of the MR? I tried to tell you…that there is a Transitional Rate with the IQD. Prior to that we had talked about the RI (Reinstatement) – which there are many steps inside of it, not just one. All steps have to come to a conclusion…a closure. One of those steps is the take the IQD and to start using it Internationally…(Article 8)…with or without them telling you about it. …articles start to appear…1, 2, 3…then 4…and now 5. All coming from the CBI…all talking about lifting the 3 zeros. IMO – there are agencies with the authority to do private things with the government of Iraq – with their currency…at a rate that we cannot see. Every bank in Iraq has the word INTERNATIONAL plastered on their lapel.
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…