Iraqi Dinar Guru opinions 12-10-16

Iraqi Dinar Guru opinions 12-10-16

12-10-20216 Newshound Guru rcookie Article quote: “And about the prospects for Iraqi dinar to float, like other countries in the region, this relationship does not arise in the present, and we are working on is not currency float, and the big difference between the two.” READ THAT QUOTE FROM ALAK…AND ASK YOURSELF HOW DELUSIONAL YOU HAVE TO BE TO STATE AN ABSOLUTE VALIDATION TO THE FLOAT PLAN…WHEN IT CLEARLY STATES THE OPPOSITE…

12-10-2016 Newshound Guru firefly If there is a real event rate change it WILL show at the CBI 1st! IMO even a 1-1 makes no mathematical sense comparing it to the 2017 budget.

12-10-2016 Intel Guru ADMINBILL REPORTS REMAIN THE SAME. LOOKS GOOD THROUGH THE END OF THE MONTH WITH THE 15TH AS A TARGET. AFTER THE INAUGURATION IS STILL IN PLAY FOR ME AS WELL. IMO.

12-9-2016 Intel Guru RayRen98 Last week I shared that I thought it would be the final Friday, but some things shared with us didn’t happen according to the plan. Half has materialized, and half is still to materialize. If it all happens according to plan, I do think this is the final Friday before the public release… everything is still the same, moving along. We are waiting for updates from Iraq. The Budget should no longer be an issue. There are still a few little points, but mostly it’s a done deal before 1. January. We are in that window of time that really makes this Christmas season different from the previous three, four, five years. The expectation is the same as last year but the parameters are different. With what we know to be factual, it’s a done deal – I just can’t tell you the exact day. I’m looking forward to bank activity next week, if everything goes forward as planned. [Can we talk about rates?] They are higher than what they were. The last rates I believe have been consistent, dinar = $3.71, dong = 47 cents…

12-9-2016 Newshound Guru mike I think the UST is there to cut off funding for terrorism and move Iraq into the 21st century in regards to banking. I also don’t think they give a hoot about what Iraq does with their currency, as long as they’re doing what the IMF is telling them to do, like stay pegged to the dollar, liberalize the foreign exchange and get control of the MCP… these guys aren’t there for currency revaluation. No one can tell Iraq what to do, they are a sovereign nation and they make their own decisions. The UST, IMF and WB have been telling Iraq for years to fix the problems and they have ignored them, unless they wanted handouts, then things get done. We’ll just patiently wait and see what happens…

12-9-2016 Newshound Guru rcookie Article: “Central Bank Governor: no room to cancel the sale of the dollar window, if canceled , the exchange rate has become 3 or 4000 and maybe more” Quote: “And about the prospects for Iraqi dinar to float, like other countries in the region, this relationship does not arise in the present, and we are working on is not currency float, and the big difference between the two.” THAT ARTICLE WAS ONE OF THE MOST INFORMATIVE WE HAVE EVER SEEN… HE TALKS IN SPECIFICS ABOUT THE…POLITICIANS AND MEDIA STATEMENTS WAGGING THEIR FINGERS ABOUT AUCTION FAILURE AND STABILITY OF IQD…AND HE SAYS IT VERY SIMPLY…YOU ARE NOT GOING TO STABILZE THE IQD BY TURNING OFF THE AUCTION FAUCETS…THE ONLY TRUE WAY TO DELIVER IQD STABILITY IS TO REDUCE THE DEMAND FOR THE USD…AND IDENTIFIES “STRUCTURAL CORRECTION OF THE IRAQI ECONOMY”…AND HOW DO THEY INHERENTLY REDUCE THE DEMAND FOR THE US DOLLAR…

12-9-2016 Newshound Guru rcookie BY MAKING THE DINAR WORTH .10 …AH…NOPE…I DONT THINK SO…EVEN AT 1:1…IS THAT GOING TO BE ENOUGH TO PRY THE DINAR OUT OF THEIR COLD HANDS…AND GET IT INTO BANKS…BIGGER INCENTIVE…IMHO…AND THE OTHER THING THAT ARTICLE TELLS US IS HOW FAR ALONG THEY ARE IN THE REDUCE THE NOTE COUNT PROCESS…AND CORRELATION TO THEIR LIQUIDITY CRISIS…WHICH WOULD BE SEVERELY EXACERBATED AND PROMOTE HYPER-INFLATION BY SUDDENLY ENDING AUCTIONS…THEY NEED INCREASED PURCHASING POWER AT POINT OF SALE…

12-9-2016 Newshound Guru FrostyTheSnowman Years ago, I remember reading an article that spelled-out Iraq’s plans … where they quote … “which will have three zeros removed to revalue them.” …IMO … we’re just about there!

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