Iraqi Dinar Guru opinions 3-27-17
Iraqi Dinar Guru opinions 3-27-17
3-27-2017 Newshound/Intel Guru BGG Ok – big news. Abadi did this interview with Chris Wallace on Fox News Sunday…there were a couple of real humdingers that stuck out to me…but first…go back a few months – we really though the early, early part of this year was a good window – why? Because Abadi and Alak SAID SO…we typically follow their news…long story short – we had every reason to believe we were (and still are) in the end phases of this thing. Because of their own comments.
3-27-2017 Newshound/Intel Guru BGG Here’s what happened – hind sight…Abadi and Alak were “forecasting” what the near future looked like based on what they feel like the progress will be and what “markers” the international community has laid out for them. While we are fairly convinced Mosul is some kind of primary issue – according to Abadi in this interview – he predicted a full military defeat of ISIS in weeks – NOT MONTHS. Very SOON were his exact words. Wallace said “months”? Abadi said “WEEKS”!! That – my friends… is BIG NEWS.
3-27-2017 Intel Guru RayRen98 It was reported today that Iraqi TV is referencing a memo from the CBI to the banking industry pertaining to an established (but not revealed) new international rate that must be adhered when released. Time Will Tell.
3-27-2017 Newshound Guru loop Article: “UK MP: “Huge potential for growth in Iraq” Quote: “Although Iraq is not yet a member of the WTO, which has its own short-term challenges, its eventual accession will enhance structural and Iraq’s reintegration into the multilateral trading system. The organisations who gain most from engaging with this emerging market will be those which have a stronger base to build from when Iraq’s WTO status is confirmed.” Here is a speech from a UK MP from Scotland addressing…advantages of investing in Iraq before they become full members of the WTO.
3-27-2017 Newshound Guru Kaperoni Article: “New Iraqi Finance – Beirut April 10-11.” Quote: “IRAQ FINANCE The Macroeconomic View- addressing challenges and opportunities” CBI to discuss reforms, eliminating exchange restrictions.
3-26-2017 Newshound Guru mike I learn a lot from the articles. There’s tons of great information out there, you just have to winnow through the garbage and find the truth, which there’s loads of. Think about it, what have we learned from the press about Iraq? 1) Iraq was invaded by ISIL because the Shia led government marginalized the minority Sunni’s. 2) Iraq’s HCL is hung up because Baghdad wants to centralize everything. 3) We keep track of the MCP and exchange restrictions in Iraq. 4) We can read and follow the Article IV consultations from the IMF. 5) We learned about the SFA and how are partnership with Iraq is supposed to work. 6) We know Iraq still has an incomplete government, there are no Minister of Finance, Minister of Interior or Defense Minister.
3-26-2017 Newshound Guru mike 7) We know Baghdad hasn’t paid the Kurd’s anything in over two years. 8) We know that the majority of politicians in Iraq don’t want US combat troops in the country. 9) We know there’s been none to little movement on legislation related to the economy. 10) We know that Iraq’s reserves have dropped from $84 billion to somewhere around $40 billion. 11) We know Iraq has roughly 63 trillion in M0 money supply. I could go on, but you get the point. Does the news give us a date for when Iraq adds value to the dinar? Nope, but that won’t happen anyway. The reality of Iraq is right in front of us, all we have to do is have a basic understanding of geo-politics, finance and currency and it’s pretty straight forward after that, there’s tons of information out there to gauge progress.
3-26-2017 Newshound Guru Kaperoni Article: “The Central Bank of Iraq introduces a new logo” Engaging the banking system with the world’s financial system seems like a good time to create a new logo…especially one that shows where its from (showing the outline of Iraq).