Iraqi Dinar Guru opinions 11-17-16
Iraqi Dinar Guru opinions 11-17-16
11-17-2016 Newshound Guru rcookie THEY DID NOT JUST START REDUCING THE NOTE COUNT…IT HAS BEEN ONGOING FOR YEARS…THIS IS WHY THEY CURRENTLY HAVE A DIRE LIQUIDITY CRISIS…THE REDUCTION OF THE NOTE COUNT IS ONE OF THE PHASES OF THE DELETE THE ZEROES PROGRAM…JUST LIKE THE MINTING OF THE NEW 3 ZERO NOTES WITH SECURITY FEATURES WE ALL HOLD…AS WELL AS THE NEW LD’S…ALL MINTED IN 2013…ALL MINTED TO WELL STRATEGIZED QUANTITIES AND RELEASE DATES…AND THE 3 ZERO NOTES WHILE STILL BEING ACKNOWLEDGED AS LEGAL TENDER FOR 10 YEARS…CAN NOT POSSIBLY COEXIST FUNCTIONALLY IN THE MARKETPLACE AT “POINT OF SALE”…AFTER THE INT’L PRICING EQUATION IS APPLIED…AND PRICES ADJUSTED…CITIZENS PURCHASING POWER ELEVATED AND REALIZED..
11-17-2016 Intel/Newshound Guru Mnt Goat Article: “Urgent Abadi: make minor adjustments to the 2017 budget and submit it to parliament” …they already had the required two readings and are planning to vote on the budget on 11/26. It sounds like it is ready now?
11-17-2016 Newshound Guru wmawhite The most exciting part of this is that the most important entity, the CBI, is telling the citizens of Iraq along with any other knuckle heads that will listen that a change is coming and is coming soon. I was excited…and then [Guru] rcookie found… Article: “Iraq Stock Exchange Convention on the electronic trading system online trading investors remotely with Manaf Software Company” ….and one article stated that the issuance of the 50, 100 and 200 IQD notes in early 2017…”will be the effect of the delete the zero project”. …meaning…something has occurred prior to the issuance of the notes. Did I by any chance tell you that I am excited?
11-17-206 Newshound Guru Breitling A LOP…they just take the zeros off the currency…What’s the indicator that they are not going to do that? They start reducing the note count. If they are going to “pretend” there are no zeros on the currency then they don’t need to reduce the note count. It’s a massive undertaking to reduce the note count…The CBI said the old currency is going to gain value cause they are going to reduce the note count. Eventually the value is going to be so high they are going to have to replace the currency you and I have with a new note that makes up the balance…and give us the opportunity to exchange…So there is no reason to reduce the note count if they are going to LOP.
11-16-2016 Newshound Guru wmawhite [Local banks will…exchange the foreign currency with the countries treasuries and at that point it becomes an institutional note used in foreign trade.] Remember, not all “local banks” exchange foreign currencies…Again, not all banks in your community will exchange foreign currency.
11-16-2016 Newshound Guru Adam Montana [If/when the Dinar RVs can Trump have any influence on how this income is taxed and if so, would you think it would be to our benefit?] This is an extremely interesting question, especially if you remember when this speculation first started it was rumored that Donald Trump had made a large Dinar purchase. I’m not going to feed that rumor, so I’ll stay on topic – Iraq is moving at it’s own pace, despite who was or wasn’t elected. I do believe that our election will have made an influence on their speed, but I don’t think Donald Trump himself will have any influence on their timing.
11-16-2016 Intel/Newshound Guru Mnt Goat There is so much news and it all points to many things for the betterment of Iraq. Just look at Iraq now compared to in 2014. What progress they have made. Sure they still need to get rid of ISIS / Daash and implement the “Reconciliation Agreement” and many others but at least now they are moving FORWARD and at a very fast pace. At some point it will culminate with the RV but getting there is half the fun….lol… I know the CBI decision is to remove three zeros from the currency of Iraq beginning in 2017. They themselves have told us now over and over again and just recently again. Today is less than a 1 ½ months from this time period. I have waiting for this period since the CBI first announced in December of 2015, that they would postpone the project to delete the zeros till early 2017.
11-16-2016 Newshound Guru wmawhite Article: “Iraq Stock Exchange formally signed the Convention on the electronic trading system via the Internet trading after investors with Manaf software company on Monday, November 14 2016.” Quote: “It is hoped the project officially launched during the first quarter of 2017 after completion of the binding mechanisms with the Iraq Stock Exchange systems and build the required access sites.” WOW…more confirmation of major changes coming soon…please do not focus on one particular date… Folks…do…you see the relationship between what the CBI is doing and what the ISX is preparing for?
11-16-2016 Newshound Guru wmawhite Within all of those recent articles the CBI has also told us what one of the next steps is…the reduction of USD into the market place…The CBI is at a very critical point in this project, which is called “The Delete The Zero Project”. This project is not ONLY the large notes, but numerous other administrative and procedural steps. There may be a dozen “action” items within this project and after the implementation of those items there will be an intended result…an increase in the purchasing power of the IQD (to the citizen) which will be caused by an increase in value if the IQD OUTSIDE of Iraq.
11-16-2016 Intel Guru Daz I dont think we will see 3+ in iraq…we’re looking for something in the 1:1 range in-country. when that happens…we’re golden…the goal: in Iraq a dinar is a dinar (1:1)…in the USA, a dinar is $3.71 “dollars” when the multiplying factor is applied…in other countries…the “factoring” number is different respective to each countries economy and trade .86- 1.14 is the range i think….essentially a 1:1 allowing for trade and market fluctuations… thats .86 dinar to dinar…up to 1.14 dinar per dinar in country…anywhere in that range and we are golden…that would mean a full reinstatement and possible revaluation on an international scale.
11-16-2016 Newshound Guru Adam Montana You need look no further than the current News…to see that the trending hot topic is OIL… which means HCL is on the way, and you know how I feel about HCL! Can you say “GO RV!”?