Iraqi Dinar Guru opinions 11-24-16
Iraqi Dinar Guru opinions 11-24-16
11-24-2016 Intel/Newshound Guru Mnt Goat …as we get closer and closer to the “early 2017” date we see more and more information coming out of the press on the progress that they are making. The CBI even told us last week that they are now proceeding once again with the “project to delete the zeros”…this is exactly the news we must hear and await to hear. Now we have it….WOW! …I know for a FACT that within Iraq, the news channels talked about the CBI declaring that they have begun the “project to delete the zeros” once again. I was told this too by my CBI contact over a year ago that this “project to delete the zeros” and its process and progress is what we should be concentrating on mostly. …Iraq also needs to get the banking and financial reforms in place to support the project. So now we see them doing it and it is right on time…Is it time to get excited? Yes, Yes and YES!
11-24-2016 Newshound Guru rcookie [Iraq seems to be taken a leading roll in banking reform throughout the region.] YES THEY ARE…AND GIVEN THEIR LONGSTANDING REPUTATION AND PAST TRACK RECORD…WOULD NOT BE AFFORDED THIS OPPORTUNITY FROM WORLD AGENCIES UNLESS THEY WERE CONVINCED & CONFIDENT OF IRAQS COMMITMENT AND FOCUS TO BE THE REGIONAL LEADERS…
11-23-2016 Intel Guru RayRen98 [Are you aware of any specific item or issue that must be completed before the RV will occur?] No. The Budget has come up in conversation; it should be finalized on Saturday…As for lower denominations, we are getting information that they are in some of the provinces. There is some kind of distribution going on, in some hands/places. We have heard that from various sources this week. We believe that window has been opened. I don’t know to what degree those lower denominations are out, but they should have taken their complete course by Monday. That fact it has started says it all for me. If the lower denominations have run their course by Monday, they will have to show a revalued rate by then, if not sooner.
11-23-2016 Intel/Newshound Guru Backdoc TODAY IRAQ ANNOUNCED THAT THEY WILL PARTICIPATE IN OPECS OIL CUTS TO RAISE PRICES ENSURING THE NOVEMBER 30TH OPEC DEAL A SUCCESS! THIS WILL NOW BECOME THE TRIGGER FOR HIGHER BLACK GOLD PRICES! WITH WHAT IS HAPPENING OVER THIS WEEKEND IN GOVTS. WE SHOULD SEE A LAUNCH IN COUNTRY AVAILABILITY ON CARDS IMO IN INDIA AS WELL AS IRAQ VERY SOON. MAYBE THEY WILL RELEASE LOWER DENOMS TOO BUT THAT COULD BE A QUESTION? THERE IS NOW A 100% CERTAINTY THAT THE FED WILL RAISE RATES IN DECEMBER. THAT ACTION IS GOING TO TRIGGER THE PROCESS LEADING TO WHAT WE ALL WAIT FOR.
11-23-2016 Newshound Guru rcookie …WE HAVE A REPORT FROM YET ANOTHER BANKING FORUM…THIS ONE FROM BEIRUT…ATTENDED BY ALAK…TARIQ & SEC GEN UNION ARAB BANKS…INT’L FINANCIAL EXPERTS LIKE SHAMMARI & ECONOMISTS LIKE AL NASIRI…ASSEMBLED TO CONNECT & COOPERATE WITH THE REGIONAL & INTERNATIONAL BANKING & FINANCIAL ENVIRONMENT… WORKING TO REVIEW AND ASSESS THE REASONS FOR WEAKNESS OF CONFIDENCE IN IRAQI BANKS…NASIRI ONCE AGAIN IDENTIFIES WITH DETAIL THE CRITICAL FINANCIAL & BANKING LAWS IN NEED OF ADDRESSMENT & AMENDING WE SHOULD BE LOOKING FOR OUT OF PARLIAMENT…TOWARD THE END OF ACHIEVING REALITY BANKING IN IRAQ…THIS IS BIG…AND HAS SOME INSIGHTFUL LEGISLATIVE ACTIONS WE ARE LOOKING FOR.
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