Iraqi Dinar Guru opinions 12-30-16
Iraqi Dinar Guru opinions 12-30-16
12-30-2016 Intel Guru Frank26 Kuwait seems to know what is going on with the last 2 remain issues. They want their money and their people…and they (Iraq) gave it to them. By this action…they have agreed to sign. …Kuwait wants Iraq to RV…and that’s why they signed…! They want to use e-Dinars…they are invested in dinars. They want to do business with them on an international level. IMO…they are about to raise the value of their currency. The coalition forces will be happy. Even Israel has dinars…even Iran. Compared to other middle-east currencies…the IQD has not gone down in value…that is a masterful plan.
12-30-2016 Newshound/Intel Guru BGG [what are you most excited about lately?] All of it. Hard to pin my interest on any one thing…and maybe that is the exciting part – it isn’t just one thing. It’s the forward velocity on virtually all fronts. [top five?] 5) IMHO there is more to this comment by Abadi over Mosul taking 3 more months the other day… I really doubt that proves to be accurate… translation? Political posturing? Some kind of intentinal mislead? IDK – but it does seem at odds with most of his previous commentary. 4) The recovery of stolen monies by the GOI – big news. They are looking to put an end to the culture of corruption. 3) The passage of the J&A Law – HUGE piece…2) General forward velocity of all the Economic and Financial reforms going on right now – they are really building an economy – FAST. 1) Obviously – the statements by the current Gov of the CBI concerning their “beginning of 2017″ timeline – HUGE!
12-30-2016 Newshound Guru mike Article: “Iraq’s higher gold reserves to 7.7% ” Quote: “Iraq’s reserves of gold remained stable and did not change, reaching 89.8 tons,” explaining that “this amount represents 7.7% of its reserves of currency foreign, having represented 7.1% during the month of October. ” I can’t figure out if they’re using metric tonnes or regular US tons, the value varies. Ton = $33,292,934.00 Metric tonne = $36,702,860.00. The best part…an accurate range of Iraq’s reserves, somewhere between $39 and $43 billion. I remember when the panic crept in earlier this summer the CBI started backing up from the reported figures like we see here, they were trying to say it was around $50 billion, which we knew couldn’t be right because of the report the GOI sent to the IMF with expected reserve totals at the end of 2016.
12-29-2016 Intel Guru Frank26 We are right on track with the MR. More has been accomplished in December 2016 than the past years combined! All of these “agencies” that lined up all of the stars for them – incredible! The impact will be HUGE as they get this right…right now…it has to be perfect! What we are seeing…is impressing the living daylights out of us. Watch for Chapter 7 to be gone. Once they are out of Chapter 7…they are automatically into the IMF’s ARTICLE VIII…which means they have lifted the value of their currency…why else would Kuwait make a trip to Iraq? The #1 thing right now is to see the BUDGET! Don’t forget…the 31st…we might not see it until the 1st or so…but we’re looking for the IMF and the UN to make Chapter 7 official…looking for an “OFFICIAL RATE.” They (Kuwait)…what they are doing with IRAQ… that’s at an INTERNATIONAL LEVEL! It’s almost surreal what is going on.
12-29-2016 Newshound/Intel Guru Arthur Their holiday was supposed to be 60 days but has been trimmed to 20 days due to the importance of implementing the 2017 budget starting the next legislative session on Jan 2, 2016. During the beginning of this session they are scheduled to pass 50 plus laws including all the important laws we still need including the Federal and Accountability Law, and the all important HCL which will keep them on track and on schedule for full monetary reform early 2017.
12-29-2016 Intel Guru ADMINBILL HEARING THERE IS MOVEMENT AFOOT, WITH BANKER CONFIRMATION THAT CONTINUES TO BELIEVE BEFORE THE END OF 2016. I BELIEVE THE BANKERS BELIEVE, BUT I WOULD NOT CALL THE BANK FOR CONFIRMATION. WE ONLY HAVE UNTIL SATURDAY TO SEE IF THEY ARE CORRECT.
12-29-2016 Newshound/Intel Guru Arthur Contrary to popular belief, Iraq is still not completely out of all remaining sanctions. Among the remaining are the ones regarding their ongoing status with Kuwait. The Kuwaitis are still owed reparations and other concerns such as the reception of the bodies back to Kuwaiti soil. An historic meeting occurred today in which 4 important agreements were signed by the two countries which included the readiness of Iraq to supply Kuwait 200 million standard cubic feet of gas. We now await to see if this will be sufficient for the UN to move Iraq to chap VIII which would trigger the UST to give the CBI the green light to more forward with the monetary reform. At this time they are still on schedule for early 2017.
12-29-2016 Intel Guru Jester IRAQ IS AN INDICATOR… AND THAT INDICATOR IS RUNNING OUT OF THINGS TO SEE… THEY ARE GETTING IN A BETTER PLACE… I STILL THINK THINGS MUST BE MORE STABLE THERE BEFORE THEY WILL BE TURNED LOOSE BUT THAT IS JUST MY OPINION… AS FAR AS THE RV…IT WILL NOT GO LIKE THEY ARE TELLING YOU IT WILL… ALL THIS 800 NUMBER BAZILLION DOLLAR STREET RATE IS NOT GOING TO HAPPEN…THERE IS NO REASON FOR IT… FOLLOW THE MONEY… WHY WOULD THEY DO THAT UNLESS THERE WAS SOMETHING IN IT FOR THEM? NO ONE OWES YOU…
12-29-2016 Intel Guru Jester IF THEY LOP THE ZEROS AS THEY HAVE SAID … WHICH I THINK THEY WILL…THEN EVERYONE WILL BE HAPPY WITH MAYBE 3-4 TIMES WHAT THEY PAID FOR AN INVESTMENT… NOT BAD REALLY… THE BANKS STILL LIKE TO HAVE THAT MONEY SO MAYBE THAT IS THE REASON THEY ARE STARTING TO TAKE DINAR AGAIN… IT’S STILL A LOT OF MONEY… NOT AS MUCH AS YOU LIKE… BUT STILL A LOT…TAKE THAT FOR WHAT IT’S WORTH… WHICH IS MY OPINION… BUT AN EDUCATED OPINION FROM SOME PRETTY GOOD SOURCES…