Iraqi Dinar Guru opinions 2-8-17
Iraqi Dinar Guru opinions 2-8-17
2-8-2017 Intel Guru Frank26 In the last few days articles have been out about…the country’s National Reconciliation…if they are talking to you NOW about the National Reconciliation it is because it is very extremely important… IMO…the National Reconciliation Law is the end of everything… IMO the National Reconciliation is everything we are involved with as a study…the Economic Reform…to the Monetary Reform…to the budget…to the Qi Cards…the HCL…to the Security and Stability that will come…to Mosul…to me it is all wrapped up in the National Reconciliation Law…everything is encompassed in the National Reconciliation Law…it encompasses so many things and above all things…the Monetary Reform. IMO when you see the NRL we are going to be so close to seeing the Monetary Reform being announced. I believe this National Reconciliation Law as it is being put forward in Iraq is moving forward at the speed of light…because I believe they are kind of tied together with the results of Mosul because once we have Mosul everything inside of the NRL is going to travel at the speed of light…and of course the Monetary Reform is the number one thing.
2-8-2017 Intel/Newshound Guru tman23 So many sectors throughout Iraq in the past week or so taking a “pause”…then coming back on line… It could be business as usual and we were unaware…or it could be a final accounting of the numbers before they open the blinds to the window of transparency…
2-8-2017 Newshound Guru loop Article: “Sabri: government measures raise customs state revenues” Iraq went from collecting 1/2 a billions dinars in customs duties in Jan 2016 to finishing the year with 24 billion dinars collect for the entire year. More than quadrupling January 2016 custom duties every month. And they are still fixing working on fixing some of the issues that have come to light at some of the points of entry. Again this is right in line with the IMF’s SBA.
2-8-2017 RUMOR Guru Bruce I got word from one of our sources in Iraq…that Prime Minister Abadi announced that the gangs and forces for dash or ISIS had essentially laid down and retreated and are no longer a militarian threat. This was announced in Iraq. We have not seen this on the news here. It could be coming up here quickly. A lot of positive things taking place in Iraq and we are sort of looking for a public revelation what their new rate is and that would be put out internationally. That could be the next from of announcement we get from Iraq. Iraq has done basically all they need to do, and ISIS is no longer a threat in Iraq according to Prime Minister Abadi.
2-8-2017 RUMOR Guru Bruce …at 5pm EST today [Tuesday], we got word through contacts at Chase Bank and at Citibank on two different coasts that the banks with foreign currency departments inside the branches…were to begin contacting people, their clients or people that purchased currency they know about…to set up exchanges for them to come in and exchange at the screen rates. We know the rates are on all the screens at the banks. We heard some very good rates on Dinar and Dong. The rates are higher than we thought they would be…quite a bit higher. That is exciting. I think this is an amazing time…Maybe not tonight [Tuesday], but it could or it could happen the next couple of days.
2-7-2017 Intel/Newshound Guru Backdoc LET’S CALL IRAQ A BRAND NEW STORE, OR A NEW BUSINESS…THE OPEN SIGN IS ABOUT TO BE TURNED AROUND FROM CLOSED. …TODAYS ARTICLES ARE A CHECK OFF LIST PRIOR TO IRAQ OPENING THEIR DOORS. INCREDIBLE LIST RIGHT ON TIME…NOW WE WAIT FOR THE DOORS TO OPEN TO WE THE FINAL CUSTOMERS IN LINE…
2-7-2017 Newshound Guru loop Article: “Financial stresses securing full salaries for 2017″ This is right in line with what the IMF SBA agreement wants them to be doing. It is essential that they have a fully actionable budget and here they are saying that they have got the the salaries for 2017 covered. [Does being able to cover help the monetary change?] It just means that they have the salaries factored into the budget and are expressing that they intend to pay them. Which is a big step forward for them…IMO. The monetary change has nothing to do with it. One dinar will always equal one dinar. So if I get paid 50,000 dinars a week, I will still be getting 50,000 dinars a week. What will change is what I can purchase with the money.
2-7-2017 Newshound Guru Enorrste Article: “Iraq: Calls to raise the value of the dinar” Quote: “Economic academic Essam Mahouelle called in an interview to «life», noted that this year be the year to enhance the purchasing power of the dinar and the ability of «strengthens the confidence in the national currency, which represents the sovereignty of Iraq” What I found interesting about this article is that the people mentioned as calling for a rise in the value of the dinar are people who are “invested” in the economy, as opposed to legislators or professors, whose opinions run the gamut from positive to negative. These guys seem to have their hands on the controls and are involved in the day-to-day business affairs of their country. Therefore, I see this as a very positive sign that those who will actually benefit from the rise in the value are now calling for the CBI to begin the process.
2-7-2017 Newshound/Intel Guru BGG The dinar was pegged at par with the British Pound until 1959 when, without changing its value, the peg was switched to the United States dollar at the rate of 1 dinar = 2.8 dollars. By not following the devaluations of the U.S. currency in 1971 and 1973, the dinar rose to a value of US $3.3778, before a 5 percent devaluation reduced the value of the dinar to US $3.2169, a rate which remained until the Gulf War, although in late 1989, the black market rate was reported at five to six times higher than the official rate. – The Gulf War ended in 1991. So the $3 rate was “live” until sometime in 1991.
2-7-2017 Newshound Guru mike Article: “Trump confiscate Iraqi political funds billions” …here’s hoping it’s true. I have no doubts that the leadership of Iraq have been pillaging the peoples money for years now, it’s just surprising to see Trump seize it. Iraqi’s use this money to grease the wheels, they pay people off and employ militia’s that are outside the control of the government, if those funds are turned off, Maliki and the rest…are effectively out of business. It isn’t Maliki’s charm they’re following, it’s the money.