Iraqi Dinar Guru opinions 1-7-17
Iraqi Dinar Guru opinions 1-7-17
1-7-2017 Intel/Newshound Guru Mnt Goat Article: “An invitation to support the dinar and the strengthening of its purchasing power” Quote: “Economic academic Dr. Essam Mahouelle called year 2017 to be the year to strengthen the dinar ‘s purchasing power and strengthens confidence in the national currency , which represents the sovereignty of Iraq, noting at the same time the need to restrict the foreign business dealings in dollars.” they are telling us they need to prevent altogether the demand for the US dollar for ANY REASON WHATSOEVER. Can is get any clearer than this. They want to operate under the dinar and not the dollar.
1-7-2017 Newshound Guru rcookie Article: “Part of the delegation to meet with the Japanese Ambassador Wasit Fumio Iwai” Quote: “Wasit invites Japanese companies to invest in them like CHINESE and Russian” …THE IRAQIS HAVE DONE THE 1ST PART AND THAT IS TO ATTRACT THE INTEREST AND PROMOTE THE POTENTIAL FOR DIRECT FOREIGN INVESTMENT IN THEIR COUNTRY…AND ADDRESSING ANY LEGISLATIVE OBSTACLES FOR DFI TO THRIVE IN THEIR NW OPEN MARKET ECONOMY…WHICH ARE INCLUDED IN THE ECONOMIC & FINANCIAL LAWS WE ARE WAITING ON…CUED UP IN PARLIAMENT…
1-7-2017 Intel Guru ADMINBILL We had some interesting a information yesterday that led us to believe that this weekend has great potential for us to move forward in a post RV environment. So far we are still hanging through the weekend with great hope.
1-6-2017 Intel Guru RayRen98 There is no intel apart from 12 banks, three exchange centers and one credit union now on board with dinar. The Iraqi Budget is still not in the Gazette… It’s done over there, we are just looking for the full release of the revaluation. Even they (Iraqi contacts) are saying they don’t know why it hasn’t been released to the public, including the Gazette.
1-6-2017 Newshound Guru Kaperoni …the dinar won’t go to a dime overnight. It will rise gradually and thus the CBI can reduce the money supply from trillions to billions simultaneously.
1-6-2017 Newshound Guru mike As it stands today, Iraq has, for arguments sake, somewhere between 40 and 60 trillion dinars on M0. At 1184-1, that’s roughly $40 to $50 billion dollars of currency. At 1184-1, that’s 100% coverage with Iraqs current reserves. However if you raise the value of the dinar to, let’s say, a dime, now you have that same $40-$50 billion in reserves covering $6 trillion dollars. That’s not enough. …1184 and a slow rise up. How long that takes is anyone’s guess, but, in my opinion, it won’t happen quickly. I mean, how could it? The money supply is the problem, when Iraq moves to Article VIII they’ll still have the same 40-60 trillion out. The first thing we need to know is, what’s M0 money supply? The definition varies slighly, but it boils down to how much money is available in an economy, or, currency in circulation and demand deposits. This is the grease for any economy, it’s what you and I have in our wallets and checking accounts. So, where do we get these figures? I got them from the Central Bank of Iraq… This tells me that Iraq has slightly more than 60 trillion dinars in circulation.
1-6-2017 Intel/Newshound Guru Mnt Goat …parliament is coming back into session tomorrow and they told us they now have 30+ laws waiting for a final vote. These laws impact all aspects of the economy, judicial system and the fight against corruption and terrorism. They also keep emphasis in the Reconciliation law and its impact. So we know this is VERY important to Iraq too. Many of these new laws waiting in the wings for a parliamentary vote are linked to this reconciliation effort and must coincide to make it successful. So it is all going to come together real soon.
1-6-2017 Intel Guru Dr. Clarke We wanted to give you a quick update…We don’t feel that this weekend of the 7th-9th, will produce, what you all are looking for. Quite a bit has changed over the past few days, significantly. About 2016: The last 2 weeks of December 2016 did produce public funding outside the country of Iraq, with a handful of notable, credible banks newly trading & exchanging the Dinar – which is really Big…but without a substantially increased rate, unfortunately…Yet. …we’ve come to understand now, just how deeply hidden some of the True facts are…and the increasing falsity of especially All PUBLIC MEDIA, such as News Articles, Television reports, Public Statements and more…of which NONE can be trusted… In our…opinion, as of right now, ANYTHING can happen… So, we’re done with this portion of information, because our work here now, is finished. We could throw some dates out there that we feel are significant, but we’re not going to do that. So, we’ll leave you with this…remember awhile back when we mentioned April? Keep a Smile on your face, and know it could happen at any Moment…