Iraqi Dinar Guru opinions 11-26-16
Iraqi Dinar Guru opinions 11-26-16
11-26-2016 Newshound Guru rcookie HERE IS THE BIGGIE…FLYING UNDER THE RADAR FOR TOMORROW [SATURDAY] … COMMERCIAL AGENCY LAW…PLEASE READ AND UNDERSTAND HE SIGNIFICANCE RELATIVE TO DFI (DIRECT FOREIGN INVESTMENT)… Quote: “THIS LEGISLATION AIMES TO REGULATE THE WORK OF COMMERCIAL AGENCY EXERCISED IN IRAQ BY AN AGENT FOR THE BENEFIT OF A NATURAL OR LEGAL PERSON FROM ABROAD; AND REGULATE THE TRANSACTIONS OF THE DEPARTMENTS OF THE STATE, THE SOCIAL, MIXED AND PRIVATE SECTORS AND THE UNIONS WITH NATURAL AND LEGAL, ARAB AND FOREIGN PERSONS IN SUCH A WAY AS TO ACHIEVE DEVELOPMENT TARGETS, PREVENT EXPLOITATION, AND SECURE THE INTEREST OF THE NATIONAL ECONOMY…” THINK THIS MIGHT BE A TAD BIT IMPORTANT TOWARD DFI AND ACQUISITION OF DFI AND…ALONG WITH THE OTHER LAWS REVEALED YESTERDAY AS THE KEYS TO DELIVERING WHAT WE ARE ALL LOOKING FOR…
11-26-2016 Newshound Guru Adam Montana [Can you clarify the difference between the “oil agreement” and HCL?] HCL vs “oil agreement” is exactly what is going on… I’ll get to the point real fast. They are using this term as a buffer while they are fiddling around. They will crank it up when they are ready, and it’s not going to happen when we are most comfortably ready.
11-26-2016 Newshound Guru rcookie …EXPLAIN TO ME HOW THE REQUISITE FOREIGN INVESTMENT NECESSARY TO SUPPORT AND DRIVE THE CURRENCY REFORM WE ARE WAITING FOR COULD REMOTELY HAVE BEEN POSSIBLE WITHOUT ADDRESSMENT ALONG WITH THE OTHER CRITICAL BANKING…ECONOMIC & FINANCIAL LAWS THAT HAVE BEEN ADDRESSED IN LAST YEAR…SIMPLE ANSWER…THEY COULD NOT…EVER…EVER…NEVER…
11-26-2016 Newshound Guru Adam Montana [Do you think they are waiting until Mosul is clear of ISIS and making sure Mosul banks are secured and accounted for before CBI makes RV announcement?] NO, but the Mosul operation is a big deal and they are doing awesome!
11-25-2016 Intel/Newshound Guru Mnt Goat The CBI announced this week to the Iraqi citizens the introduction of the 500 IQD notes…this information is…HUGE, HUGE, HUGE. …this note is on the list of the notes they must launch prior to any RV. They are still virtually worthless. Not until they are physically launched in early 2017 for their use at a higher dinar rate will they become practical to use. For now this is just an education process to get ready for that timeframe that is getting very close at hand. Remember they launched the 250 last summer and they had to fix the 50 with new security features so we can expect them too to come out soon.
11-25-2016 Intel/Newshound Guru Mnt Goat We know that no matter what notes they initially launch it will mean some kind of substantial increase in the value of the dinar…they told us it will be a “slow” rollout and may take some time. Only the CBI knows the plan and at what level of value the rate would have to be to continue with the launching and circulation of the next set of notes. I would guess it too is variable depending on the initial market reactions once they begin this next step in the process in early 2017. For the timing- I assure you it will not be years or even months before we see a significant rate of over $3.00 for the dinar once it hits the international markets and hedge funds. Again this is just my opinion and I am not giving any investment advise.
11-25-2016 Intel Guru Frank26 BTW…THREE ZERO TALK is a Momentum…A Cause in Iraq. Why SO MANY THREE ZERO ARTICLES TALKING about LIFTING THE THREE ZEROS in 2016? Because in 2017… LD’s are coming.
11-25-2016 Intel/Newshound Guru tman23 Iraq is plagued by socioeconomic development and proof is provided everyday…with news articles… The country offered bonds in US dollars and Euro, this was an attempt provide confidence to countries that a currency depreciation in IQD would not impact negatively on the yields of the bonds they purchased…on the other hand, local emerging market bonds were purchased by Iraq citizens in local currency (dinar)… The bonds along with the past year release of the 50k note and the latest 500 dinar note creates quite the conundrum…And with all this wealth of information gathered daily over the years on the Iraq dinar speculation…The ‘Iraqi Dinar conundrum” remains the same as it did 10 years ago… How will Iraq treat the 3 zero notes upon exchange? Answer coming very soon…