Iraqi Dinar Guru opinions 1-17-17
Iraqi Dinar Guru opinions 1-17-17
1-17-2017 Newshound/Intel Guru BGG Article: “Governor of the Central Bank’s “Tomorrow Press”: Iraqi dinar is not in danger and delete the zeros Postponed” [AND ALAK’S RESPONSE IS NOT UNTIL IT IS SAFE TO DO SO!…does this mean Mosul?] probably – (my take)…it really looks like control of Mosul (and liberation) seems to be some kind of criteria (set for them by someone else). however, there are numerous references to this happening soon. …in my book – that doesn’t negate any of the earlier CBI comments about the beginning of 2017 – sounds a bit like they may have had it planned for sometime before now and some calculus has put things off a bit…like Mosul? …AND Alak makes no mention of “how long” it is “postponed” (or what their original intended start date might have been)… a day – a week – a month?? He’s talking to a reporter. Could mean anything.
1-17-2017 Newshound Guru My Ladies IRAQ ANNOUNCED…THE DELAY OF THE DELETE THE ZEROS PROJECT… THE WHOLE REASON FOR THE DELETION WAS TO PRESERVE THE CURRENCY AND THE NEED IS NO LONGER PRESENT…OTHER COUNTRIES HAVE DELETED THE ZEROS, AND IT IS A MAJOR UNDERTAKING AND USUALLY FOLLOWED BY A DEVALUATION OF CURRENCY, THE DINAR IS STABLE IS AT THIS TIME. THE GAP BETWEEN THE OFFICIAL RATE AND THE BLACK MARKET RATE IS CLOSING. …AT THIS TIME THE OFFICIAL RATE IS 1182 AGAINST THE DOLLAR AS OPPOSED TO 1300 AGAINST THE DOLLAR WHICH IS THE MARKET PRICE..
1-17-2017 Newshound Guru My Ladies ON FRIDAY THE CBI CAME OUT AND ANNOUNCED AN INTENDED DOLLAR BOND SALE AND THEY ALSO SAID THAT THEIR FINANCIAL SITUATION IS SAFE UNTIL 2021. THE IMF AGREED WITH THIS. ALSO LAST WEEK IRAQ SAID THIS COMING WEEK THEY WILL BE SELLING THE DOLLAR DIRECTLY ACROSS 5 BRANCHES FOR THE OFFICIAL RATE WHICH FURTHER PROVES THE STRENGTH OF THE DINAR AND THE CLOSING OF THE GAP BETWEEN OFFICIAL RATE AND MARKET RATE. IRAQ DOES NOT NEED TO CHANGE THEIR PRICE TO BECOME INTERNATIONAL AND THEY MAY BEGIN TO TRADE, BUT THEY WILL NOT EVER PUSH A BUTTON AND JUMP TO 3+ DOLLARS, THIS IS NOT HOW THING WORK..
1-17-2017 Newshound Guru wmawhite Article: “The Central Bank Governor for “tomorrow”: Iraqi dinar is not in danger and delete deferred zeros” Folks…each of us need to pay attention to exactly what is said. Alak was referring to the large notes, the removal of the large notes from the currency. That is NOT the same as increasing the value of the currency. They are two very different events. …this is pertaining to the removal of the three zero notes from the marketplace/from the currency; “the Iraqi Central Bank did not specify a date for the “…deletion of zeros from the currency dinar,” This Statement is not about the change in the value of currency. He is saying that the prices in the marketplace are not appropriate yet in order to remove the currency. So, what will change the marketplace?
1-17-2017 Newshound Guru wmawhite A change in the prices of goods; the prices are what determine the size of the notes. Lower the prices, remove the large notes. What will change the prices of the goods/ marketplace? A dramatic increase in the value of the currency that is importing the goods. General stability, security = FINANCIAL security, financial stability, not military security. Alak is a bank manger, not a military… Alak is saying today the market conditions are not correct for removing the large notes…and he does not have a date for that…he will not have an idea when until he raises the value and we know he is preparing to do that. Two different things…One is removing them physically to lower the note count….the second is removing them naturally because the prices have lowered due to a value change. The prices in the market place need to lower in order for the citizens to use smaller notes, thus no need for the larger notes.
1-17-2017 Intel/Newshound Guru Mnt Goat Where is Iraq in this process? There is absolutely nothing to indicate to us any hold up or delay in the EARLY 2017 process to move forward with the “project to delete the zeros”. There was one new article about the project to delete the zeros and I believe this one was totally misinterpreted by many… Article: “Governor of the Central Bank’s “Tomorrow Press”: Iraqi dinar is not in danger and delete the zeros postponed already many times, going forward” I believe it is actually just the opposite. It is all very good news… It is not saying the project to delete the zeros is postponed again. The postponement part in the headings is simply telling us they did postpone it already way back in 2015/early 2016 and we are still waiting for it and that they are just delaying it due to…do to…SECURITY, SECURITY and the need for more SECURITY. The CBI is basically telling us its coming and so just hang on.
1-16-2017 Newshound Guru rcookie [Any comments on this article? “Governor of the Central Bank of Iraq on the Keywords Governor of the Central Bank’s “Tomorrow Press”: Iraqi dinar is not in danger and delete the zeros Postponed”] THIS ARTICLE IS AN AFFIRMATION OF EVERY STATEMENT MADE IN PAST CONCERNING IQD MARKET STABILITY AND DISPUTE OF DEGRADATION…REASSERTS THE FISCAL OPERATIONAL DISCIPLINES APPLIED BY THE CBI…AND ALSO RESTATES THERE IS NO DATE SET FOR THE DELETE ZEROES PROJECT (WHICH THEY WILL NEVER ANNOUNCE)…AND AWAITS THE APPROPRIATE MARKET CONDITIONS AND GENERAL STABILITY OF THE COUNTRY…ALL IN THE INTEREST AND SCOPE OF ASSURING THE SUCCESS OF THE PROGRAM…THEY HAVE THOROUGHLY PLANNED THIS PROGRAM OUT IN ALL OF ITS COMPLEX STAGES AND ACTIONS…AND ARE AWARE…CONFIDENT AND IN PURSUIT OF ATTAINING THE ACCEPTABLE WINDOW OF METRICS TO LAUNCH…SO TO ALLOW FOR MAXIMUM SUCCESS…NOT LEAVING ANYTHING TO CHANCE…
1-16-2017 Intel/Newshound Guru Mnt Goat Article quote: “Iraq announced today that it completed the process of fulfilling the commitment before the last to exit from under Chapter VII of the UN Security Council, stressing that it was left only has complete compensation file with Kuwait.” We can see they are telling us that Iraq fully plans to pay off the remainder of the war reparations to Kuwait using these frozen assets now in foreign banks. Folks I have to say it again this is WOW! news, history being made right in front of our noses… If you were the CBI governor and you knew the sanctions could hold back a plan to launch the lower denoms and RV the currency and finally move forward with international trade and open global investment, then what would you do? They found a way to pay it off very early and are moving ahead of schedule on this event. They need to do this to align with the EARLY 2017 project to delete the zeros. I do not think they are going to let this opportunity slip by again.
1-16-2017 Newshound Guru loop Article: “Governor of the Central Bank’s “Tomorrow Press”: Iraqi dinar is not in danger and delete the zeros Postponed” SO A REPORTER FROM TOMORROW PRESS ASKS ALAK IF THE DINAR IS IN DANGER AGAINST OTHER CURRENCIES AND HE SAID NOT AT ALL WE ARE CONSTANTLY MONITORING IT, HAVE PROCESSES IN PLACE AND HAVE EVERYTHING UNDER CONTROL. THEN THE REPORTER ASKS HIM WHEN THE DELETION OF THE ZEROS PROJECT WILL START AND ALAK’S RESPONSE IS NOT UNTIL IT IS SAFE TO DO SO! NO EARTH SHATTERING INFORMATION HERE. IT IS A PROCESS THAT WILL ONLY BE IMPLEMENTED WHEN ALL OF THE METRICS THEY ARE LOOKING FOR ARE MET. THIS WILL GIVE THEM THE GREATEST POSSIBILITY OF SUCCESS.
1-16-2017 Newshound Guru loop IF YOU LOOK AT THE ACTUAL QUOTE FROM ALAK HE DOES NOT USE THE WORD POSTPONED (THE REPORTER’S INTRO DOES), WHICH WOULD INFER THAT A DATE HAD ALREADY BEEN SET AND KNOWN… TO MY KNOWLEDGE AN ACTUAL DATE HAS NEVER BEEN ANNOUNCED TO THE PUBLIC… I THINK WE WOULD ALL BE VERY AWARE OF IT IF ONE HAD BEEN MENTIONED… THE CLOSEST THING TO A DATE THAT ALAK HAS SAID WAS THAT IT WOULD START EARLY 2017…
1-16-2017 Newshound Guru mike Kuwait never RV’d their currency, they just reinstated it after Saddam was pushed out by Bush Sr. There was no full page ad denying the possibility either… As a note, Kuwait reinstated their currency on March 24th, 1991 at a rate of $3.47 to $1. Prior to the invasion the rate for the KWD was $3.50 to $1.
1-16-2017 Newshound Guru Islandg1211 East Mosul is about 80% liberated. The rest of East Mosul shouldn’t be a problem. At that point, Mosul would only be 50% liberated, while the other half would not even be staged. DONT BE CONFUSED BY ARTICLES STATING THAT THE “center of Mosul is secure,” because it’s only half of circle with the river cutting through it… WEST MOSUL IS A SEPARATE BATTLE. But, up to now, the Pentagon and the CBI have told us everything that they are doing, and right now they are looking at needing a few more months to get both Mosul and the RV done. I’ve always been of the opinion that the RV would happen in the month of April, so hopefully enough progress will be made by then. In any case, both ISIS and the sanctioned Dinar rate will be gone in 2017.
1-16-2017 Newshound Guru Islandg1211 The good news is that the CBI continues to move forward. Last week, Iraq’s banks got their IBAN international bank transfer number codes. That’s great news and really shows that Iraq certainly does plan to get the Dinar international again and off the UN sanction rate. Reports of more US banks buying and selling Dinar is also good news, testing the system, adding the Dinar, and making it internationally acceptable. Neither the IBAN codes nor the sale by banks of the Dinar make practical sense without the RV.
1-16-2017 Newshound Guru My Ladies …WHAT IS IBAN? IBAN IS AN INTERNATIONAL BANK ACCOUNT NUMBER. THAT IS ALL IT IS AND NOT EVERY COUNTRY THAT DOES BUSINESS INTERNATIONALLY IS REQUIRED TO HAVE ONE. FOR INSTANCE THE USA DOES NOT REQUIRE ONE BUT SOME COUNTRIES DO IN ADDITION TO A SWIFT OR BIC NUMBER. NOW YOU CAN ADD IRAQ TO THIS LIST, BUT STILL THIS HAS ABSOLUTELY NOTHING TO DO WITH CURRENCY…MONEY WILL NOT BE FLOWING INTO IRAQ ON THE IBAN. IT IS NOT “THE” IBAN AND IT IS NOT A MEANS OF CARRYING MONEY, IT IS SIMPLY JUST ANOTHER ACCOUNTING SYSTEM AND IT IS NOT A PRECURSOR TO ANY SO CALLED “RV”..