Iraqi Dinar Guru opinions 3-7-17
Iraqi Dinar Guru opinions 3-7-17
3-7-2017 Intel Guru Frank26 I’ve told you before…a flag in the heart of Mosul, planted by Abadi…then you will see the monetary reform. Iraq continues to advance into Mosul…and…a bonus…“Raqqa – which is in Syria”. Iraq can offer a VALUE of security and stability. This value is represented by that INTERNATIONAL strike within Syria. Today…the WORTH of Iraq is more realistic…that’s what the world is watching/wanting. The strike on Syria was BIG news! In January 2017…we had an announcement from the CBI…where they claimed that once the battle in Mosul was complete…they would advance in their monetary reform…but then he went on the say that it was being postponed.
3-7-2017 Intel Guru Frank26 Last week…they made a FINAL decision on their economic reform and monetary reform…and I believe the strike in Syria had a big impact with that. We are AT THE END of this postponement of this! The IQD is about to become an INTERNATIONAL CURRENCY… You saw the market rate…down to 2%…that’s in compliance…! They are to improve their exchange rate…and remove the usage of foreign currency…THIS IS A SOLID EXAMPLE of what is happening. Their need for a policy to RV is NOT a theory…it is a plan…which they are doing right in front of your eyes. All the financial articles from the CBI are coming to life NOW!
3-7-2017 Newshound Guru Islandg1211 Many of us were hoping that Trump would speed up the RV. He may not have done that, but rest assure he isn’t going to let it be delayed. He’s put pressure on getting rid of ISIS both in Mosul and in Raqqa. The RV needs, IMO, in this order: 1) Mosul (and then Raqqa) 2) National Reconciliation Law 3) Day of Celebration for getting rid of ISIS and coming together politically 4) HCL 5) RV with no announcement nor fanfare. Trump certainly could try to push a settlement politically quicker and get the RV done sooner. But, for right now, it looks to me like my prediction of mid-summer with my list of things getting done prior still stands. In January, I posted these same thoughts, and I don’t see anything new to amend my opinion on the RV date of mid-summer with a rate just above the USD, around $1.13 (the high end of the original Ernst and Young appraisal of the Dinar.)
3-7-2017 Newshound Guru Kaperoni Article: “Central: financial sector management electronically end of 2017″ Currency reform should start well before end of year IMO. [reference Guru Kaperoni post 3-5-2017]
3-7-2017 Intel/Newshound Guru Mnt Goat Article quotes: “…Iraq received 18 billion dollars from the International Monetary Fund (IMF) on installments…9 billions of this figure was paid to Kuwait for 1990 war compensations. …she added that Iraq signed an agreement with the IMF to reform the financial system in the country. Iraq will receive this amount on three future installments.” …Iraq still owed just about 9 billion in war reparations… I believe this concludes the payments “in full” to Kuwait for war reparations. This is huge news! I believe it brings us that much closer to getting out of sanctions for Iraq…much closer to the RV. They will need this to conclude the CURRENCY REFORM process.
3-7-2017 Newshound Guru Shredd Article: “Central Bank: the financial crisis behind us and the next few days are promising” Quote: “Iraq will become a country of foreign investment as a result of competing foreign international companies to invest in the reconstruction after the devastating cities recovered from Daesh.” This is a great reminder of the wealth Iraq has and the interest from foreign investment. “Iraq will become a country of foreign investment” — that is for sure and as note, that will become a huge part in the rebuilding of the country. In this same period of time, the stability that is sought by the CBI for their currency reform can then move forward. …this is not an “If” but a “When” regarding the legal tender, globally accepted dinar to become the primarily used currency of Iraq. The immense amount of progress in the banking and investment laws, the protections for investors, the banking customer vetting via KYC, the project to remove the zeros and so many more accomplishments all still stand. None of the progress the CBI and the GOI have made to mature from their past dictatorship have been repealed. Progress has been and continues to be forward.
3-6-2017 Intel/Newshound Guru Backdoc IT’S BEEN AWHILE SINCE I’VE COMMENTED ON THE VND. VIETNAM HAS QUIETLY BEEN REDUCING ITS’ NOTE COUNT THROUGH GOVERNMENT TO GOVERNMENT TRANSACTIONS WHILE AT THE SAME TIME BRINGING IN LOTS OF ITS PAPER NOTES. RECENTLY WE SAW A GOVERNMENT OFFER FOR THE PUBLIC TO BRING THEIR CASH IN EXCHANGE FOR TAX REBATES OR EXEMPTIONS FOR THE YEAR. THEY BROUGHT IN BILLIONS! THEIR ECONOMY HAS BEEN THE FASTEST GROWING GDP OVER THE LAST TWO YEARS! WITH CURRENCY SANCTIONS BEING LIFTED WITHIN DAYS, THE PRECEDING ACTIONS MEAN THINGS!
3-6-2017 Intel/Newshound Guru Backdoc I BELIEVE THERE WILL BE A FEW COUNTRIES THAT WILL GO AT OR VERY CLOSE TO THE SAME TIME AS EACH OTHER. THIS IS ONE OF THEM! …I ASSURE YOU THE IMF IS NOT GOING TO LET DOUBLE DIPPING OCCUR SINCE IT COULD DAMAGE ANOTHER COUNTRY’S CURRENCY! THERE WOULD BE DAMAGE DONE, THEREFORE THE COUNTRIES THAT HAVE A MAJOR MOVE TO THE UPSIDE WILL LIKELY GO TOGETHER TO PREVENT DAMAGE TO A COUNTRY’S CURRENCY VALUE.
3-6-2017 Newshound Guru MadDScout Article quote: “The local market has seen a marked decline in the dollar against the Iraqi dinar and by five thousand dinars to the category of $ 100.” “marked decline by five thousand dinars to the category of $ 100.” …what we are seeing is the measures by CBI recently put in place to bring the dinar street rate in line with the cbi rate even against a strong dollar. Today they received 30 billion in loan assistance…18 from imf and 12 from Great Britian.
3-6-2017 Intel/Newshound Guru Mnt Goat I stated the need for the Iranian influence being neutralized in Iraq (including the ring leader Maliki and his goons) and this being a priority prior to any RV. This is all coming about now as we are witnessing events taking place in Iraq and moving closer to the currency reform.
3-6-2017 Intel Guru ScottiG [Long time no see…glad to have you back] …It seems like forever since last I shared anything with my Dinar Family…part of my distancing was due to the state of affairs in Iraq. I have kept in the loop of information coming out of Iraq and DC and my best description of the state of affairs was that we would have to see whole scale change in many arenas. Now I can state that we have and are seeing those changes unfold before our eyes. Regardless of your political preference, the change that transpired in Washington January is the best thing that could happen for us to see the launch of a new exchange rate for the IQD. A… dear friend of long standing…‘The Banker’…whose specialty is foreign currency, stated that until ISIS was removed from Iraq, we would not see the RV. I noticed in a recent post from…[Guru] Randy Koonce that he as well has commented to this stability factor. He remains a steady beacon in the night.
3-6-2017 Intel Guru ScottiG A recent text I received from a fellow minister and friend indicated an across the board change in the value of the dollar in Iraq. One source in Kuwait and one in England had mentioned recent activity in the banking industry related to a change of value to the Dinar and I must believe the information was quite positive. One other source had stated emphatically that as of the end of last year, that it is done. Now I know this source is truly connected and so I questioned just how could it be completely done and yet we do not see the manifestation of the change in value? If we look at this under the perspective that often in America, something has been approved or voted into law and we may not see it implemented for months. Looking at the information in this light gives it a whole new light of possibility.
3-6-2017 Newshound Guru revbo Article: “Iraq forces advance into Mosul city” …the news is everywhere, this morning, that ISF has taken the second bridge, so they have at least secured the small district just to the west of the river, where the second bridge is, which gives them direct access to Old Mosul.
3-6-2017 Newshound Guru mike Article: “Central: financial sector management electronically end of 2017″ Quote: “A new phase began espoused by Iraq of developing the financial sector is the adoption of a sophisticated system changes the shape of financial transactions and the entry of active cooperation with the world’s largest companies,” …at some point action is required over rhetoric, for those of us who’ve been following these guys long enough we know talk is cheap in Iraq. Shabibi illustrated long ago that the GOI have to be willing dance partners for the open market to work and grow, without the legislative foundation the best efforts of the CBI are for naught.