Iraqi Dinar Guru opinions 4-3-17
Iraqi Dinar Guru opinions 4-3-17
4-3-2017 Newshound/Intel Guru Mnt Goat Article: “Iraq’s Current Economic Outlook And How it Can Affect Dinar Value” Quote: “The rise will most likely happen when the National Bank of Iraq lifts the artificially low value placed on the nation’s currency in 2003.” …just another confirmation that the rate now on the Iraqi dinar is in FACT an artificially placed rate and it must be removed. …this is much different than what many…believe…that this “artificial” rate must increase. The artificial rate does not matter. …we are not waiting for the artificial rate to do anything other than to go away and for the real value of the dinar to be “reinstated”.
4-3-2017 Newshound Guru Kaperoni Article: “Outlook upgrade could help push Iraq’s economic evolution to its next step” Quote: “War-torn Iraq recently got an unexpected boost on its way to becoming an investment hot spot, which may take its next step sooner than conventional wisdom suggests.” This article tells me very clearly that what the IMF stated about the Balassa-Samuelson Effect is in fact the plan. This article clearly is talking about the upside of the currency as a direct result of investment and growth.
4-3-2017 Newshound/Intel Guru BGG Article: “Abadi: Iraq is moving toward stability and community reconciliation” The title and first paragraph uses all the reform buzzwords immediately. Abadi: Iraq is moving toward stability and community reconciliation. 1) Stability 2) Reconciliation (important to the UN) “…Iraq is moving toward stability and community reconciliation and that the country has enormous potential for investment…” Boom – mic drop…
4-3-2017 Newshound Guru mike The market rate is the unofficial value of the currency on the streets. Under normal conditions, Iraqi’s would buy and sell dollars through the banks but in Iraq, access to dollars is limited. Right now, Iraqi’s don’t have unlimited access to the dollar so they’re willing to pay more, or 1254-$1 just to get to it. Today’s market rate is 1254-$1 which exceeds the 2% MCP the IMF requires for a country to accept Article VIII. If Iraq can get the market rate down to roughly 1205-$1, they’ll need to hold this for a minimum of 90 days to demonstrate control of the dinar to the IMF.
4-3-2017 Newshound/Intel Guru BGG [have you heard anything on the HCL?] they won’t act on the current HCL structure. They don’t like it. They won’t do it. …I doubt the HCL is any “precursor” to an RV. I don’t think it is required. IMHO.
4-2-2017 Intel Guru Frank26 Tell me…What is the feeling after running The Boston Marathon? What is the feeling when they handed You Your diploma? What will i feel like when my Detroit Lions finally win a Super Bowl? IMO…A Feeling unknown to words. It has been our established history with You that when we suggest something in our opinion…THREE DAYS later You see the evidence unseen. So…May i Kindly ask…to stay in Constant Pray not of need but of Thanks to our Heavenly Father. For The Next Three Days. …i am not giving You a Date…i do not have to.
4-2-2017 Newshound Guru Kaperoni Article: “Zain Iraq participates in the Basra International Shopping Festival, the third edition on the land of Basra International Fair” Article quote: “…the second service is (Zain Cash) a service (transfer payment) invoices and purchases through (Zain Cash), and the service provided by (Iraq portfolio) and is licensed by the Central Bank of Iraq, the company, which is specialized to provide financial services to withdraw and deposit funds , financial services and payment via mobile phone to pay bills and transfer money.” They are pushing banking activities. More good news.
4-2-2017 Intel Guru Dr. Clarke You Know…Iraq COULD substantially raise their Rate, Today. Could. It’s April 1st. Regardless, the WHOLE MONTH OF APRIL, will contain a staggering amount of “REVERSALS”, one after the other…One other thing…Did you know that Iraq is ALREADY Article 8 compliant & approved. Shhh!…it’s coming publicly. Shhh.
4-2-2017 Intel Guru Frank26 [If passed on Tuesday…Is the HCL now ready to be activated?] Not sure but IMO…Yes. I’ve told you…the HCL…when it happens… IT’S TIME! …look for something significant on April 1, 2, 3rd…(April 4th) – I missed it by one day. Now…Mosul is no longer the KEY of the MR…the HCL is. [Guru] Delta says…give us the HCL. Show us the rate! We need the rate before you can pass the HCL…The legislation needs to be ACTIVATED. They are proceeding to ACTIVATE…they just need a RATE.