Iraqi Dinar Guru opinions 1-14-17
Iraqi Dinar Guru opinions 1-14-17
1-14-2017 Newshound Gurus rcookie, wmawhite and hutch The only reason they have the imposed rate on their currency is not sanctions put on by the IMF…it is sanctions put on them by the UN under Chapter 7. The IMF is helping them get back on their feet as they transition into a market driven economy along with the rest of the world and that is the process that we have been watching. Once the UN removes Chapter 7 that means they also remove the sanctions that were imposed from Chapter 7 and that releases Iraq to reinstate/revalue their currency…
1-14-2017 Newshound Gurus rcookie, wmawhite and hutch They will be working with the IMF to be prepped for that because there is a monetary reform process and an economic reform process…the revaluation of their currency is part of the monetary reform…this will kick start the economic reform…that is the trigger mechanism, IOO. But they have other things they have to do for the economic reform to be successful…because if you don’t have a sound economic environment this level of monetary reform is going to be difficult to support the valuation. Iraq has taken the position that they want their monetary reform to be successful and therefore their economic reform has to be successful as well.
1-14-2017 Intel Guru ADMINBILL START LOOKING FOR THE RV AFTER THE 20TH. MY PERSONAL OPINION IS THAT THOSE WITH THE AUTHORITY TO RELEASE THE RV/GVR FUNDS DO NOT TRUST THE CURRENT ADMINISTRATION TO ALLOW US TO BENEFIT AND WOULD RATHER ALLOW THE NEXT ADMINISTRATION TO MOVE FORWARD. I MAY BE WRONG AND WAS TOLD I AM BUT THAT IS MY OPINION. [I don’t suppose you can say what changed to back away from this weekend being a big possibility anymore?] THERE IS ALWAYS THAT POSSIBILITY… [You said that was your feeling but some sources disagreed, do they still think it might pop sooner?] YES THEY DO AND I HOPE THEY ARE RIGHT AND I AM VERY WRONG.
1-13-2017 Newshound Guru loop Here are the regional players who are listed on Swifts.com IBAN Registry – Bahrain, Israel, Jordan, Kuwait, Lebanon, Qatar, Saudi Arabia, Turkey, United Arab Emirates. THe only two direct neighbors who are not listed are Iran, & Syria…Nordea.com…also has Egypt and Iran on their list for countries with IBAN numbers. According to the Nordea site IBANs are mandatory for all cross boarder payment for Bahrain, Israel, Jordan, Kuwait, Lebanon, Qatar, Saudi Arabia, Turkey, & United Arab Emirates. This makes Iraqs move to the IBAN even more interesting.
1-13-2017 Intel Guru Jester IT APPEARS THAT OTHER THINGS ARE IN THE WORKS… I AM TOLD THE BUDGET IN IRAQ IS PASSED… YOU DON’T SEE THAT ANYWHERE I FIND YET… WE’LL SEE…I AM TOLD ABADI IS COMING TO THE INAUGURATION AND HAS A MEETING SET UP WITH TRUMP… AGAIN, WE’LL SEE…I HAVE CONFIRMED THAT TRUMP DID INDEED INVITE HIM…
1-13-2017 Newshound Guru loop Article: “The Trasport Ministry is putting pressure on the Korean company constructing the port of FAW’s breakwater barrier to finish the project.” The Transport Ministry is willing to expedite the process from their end by removing administrative obstacles. The port of FAW has the potential of being a huge revenue generator once it is fully operational…they plan on being a gateway for import goods going to Europe via the “dry canal” (Railway System) that they are currently constructing.
1-13-2017 Newshound Guru rcookie Article: “Iranian company intends to invest an industrial city border…” [There is an amazing amount of news about people coming to Iraq, such ambassadors (Canada) and more companies (Russia).] AGREED….CANADA… RUSSIA…IRAN…JAPAN…AND THATS JUST TODAY…
1-13-2017 Newshound Guru Phillyman Article: “Parliament to raise its next Sunday” Quote: “Raised the Presidency of the Council of Representatives, on Thursday, its second session of the second legislative term of the third legislative year to next Sunday, while the meeting included a vote on the Supreme Judicial Council Act.” …they are done till Sunday and the only vote taken I could find was for the Judicial Council Act.
1-13-2017 Newshound Guru loop Article: “Warka Bank” .. Citizens lament the huge sums of money entered did not graduate” Quote: “The manipulation of banks and private civil entitlements of citizens, is extremely dangerous, the fact that those practices and behaviors cast negative impact on the citizen’s confidence in the Iraqi banks in general, and especially the private banks.” …more proof that they a righting the ship and cleaning up the mess. People were not able to get the money out that they they deposited 7 years ago until just recently. Most likely they will be put under the tutelage of the Central Bank. …Alak has said that the Central bank will make sure that the citizens will get there money back even if the CBI has to do it. Rebuilding the trust in the banking sector is paramount to the success of Iraq moving forward.