Iraqi Dinar Guru opinions 4-5-17
Iraqi Dinar Guru opinions 4-5-17
4-5-2017 Intel Guru Frank26 They are removing the USD from the streets from the citizens. The citizens must stop using the USD and other foreign currencies. The MCP (multi-currency practice) must end. They are dropping the 3 zeros in 2 different ways. #1 — Stopping the usage of the USD’s – taking them away from the citizens. #2 — They must simplify the exchanging the of the currency. The goal is to get to 1,000 to 1…but once they are there (including stability/security) they will move QUICKLY to 1 to 1. The market will carry 1 to 1 inside of Iraq…lead to a higher rate OUTSIDE of Iraq. I think $1.12 – $1.14 once it goes outside of Iraq. IOO…IT’S COMING.
4-5-2017 Newshound/Intel Guru Mnt Goat Article: “IRAQ ON WAY TO RECONSTRUCTION AFTER MOSUL ‘VICTORY’” I do not see many more articles on the fighting in the western side of Mosul region. Can we assume the ISIS is now all done? Let’s watch as it plays out. They can’t use the Security and Stability excuse anymore as to why they cannot continue with the “project to delete the zeros”. Is it all now in the court of the UN to stop the sanctions of Chapter VII and then for the CBI to follow up and pull the trigger…
4-5-2017 Newshound Guru loop Article: “Iraq: Confidence is in the Air” Quotes: “…there was a strong sense that Iraq’s fortunes are turning a corner…” “Confidence has returned to Baghdad — it is in the air! Baghdad is confident again, and it’s absolutely wonderful.” The IBBC (Iraq Britain Business Council) Spring Conference has started.
4-5-2017 RUMOR Guru Bruce Nothing is going to happen until Iraq is ready. We had a celebration in Iraq. There was a delegation to witness the announcements of Iraq returning to sovereignty and release of chapter 7 of the UN. Basically the return of sovereignty and revalued rate of their currency. We know the liberation of Mosul also was announced. We know that is something that was celebrated by having the two new flags flying on either side of the Tigris River. We know that in the mosque a few day s ago, Iraq had made an announcement that their currency is 6 times the value of the USD. When it comes to timing with this…I found out there are additional things going on that is keeping this held up slightly. It is a plan that is moving forward. It is in a sense on autopilot. This week looks really good. I am feeling really good the possibility of anytime between now and the weekend. I am excited where we are and where we are going.
4-4-2017 Newshound Guru Revbo Article: “Abadi: Two months separating Iraq’s exit from Chapter VII” Ch. 7 has never been officially tied to anything to do with the dinar, but unofficially, being under Ch. 7 sanctions, no matter how little is left of them, puts Iraq in the same ballpark as North Korea. It’s an exclusive club, Ch. 7, one reserved for rogue regimes, but mostly, terrorist organizations, and that’s bad for business. It would be terribly unwise of them, in my humble opinion, to turn the dinar loose when they are still, technically, an international pariah.
4-4-2017 Newshound Guru Revbo …That said, the timing of this, in Abadi’s words in another article, “ONE or two months,” leads me to believe they are giving themselves a wide berth for when ISIS is finally finished in Iraq, meaning, if they get rid of ISIS next week, well, next week is “within one month,” so we could see Ch. 7 release much sooner than June. Abadi said, about a month ago, he had to put his whole agenda on hold to deal with nothing but ISIS. He has a reelection coming up, so he better get on with it once that’s over. We know his agenda includes national reconciliation and economic reform, and I don’t see any way they can do economic reform without releasing the dinar.
4-4-2017 Intel Guru Dr. Clarke [Would you tell us if you expect to see it happen if not this Friday, but on a Friday?] We DID NOT say, April 7th is when the rate will significantly increase. But it COULD. We said we Love the “ring of April 7th”…Now, let’s talk direct. There is Magic on this Friday, the 7th. We Love “ALL FRIDAY’S”, like we said. Magic happens on Fridays, and especially in APRIL. “Friday is FUN DAY”.
4-4-2017 Newshound Guru EHankins Article “Rashid directs its branches to open letters of credit for companies” Quote: “The face of the Rasheed Bank, on Monday, its branches open letters of credit for companies from the public and private sectors, indicating that the amount of credits are converted at the official rate set by the Central Bank.” IF I WERE A BANK AND I OPENED LINES OF CREDIT TO COMPANIES PUBLIC AND PRIVATE I WOULD WANT TO HAVE A RETURN ON MY LOANS WITH A CONSIDERABLE RATE OF INTEREST. ACCORDING TO THIS ARTICLE THIS IS A WAY OR MEANS OF SETTLING “INTERNATIONAL SALES. I KNOW IT’S A BAD WORD BUT THERE HAS TO BE A RATE…EVEN OFFICIALLY SET BY THE CBI AS MENTIONED IN THE ARTICLE.
4-4-2017 Newshound Guru EHankins SOMETHINGS EITHER WRONG OR VERY RIGHT HERE. IS THIS POINTING AT THE CONTINUING “SPECULATIONS” OR IS THIS SIGNIFICANT MEANING IRAQ HAS A “RATE” OF AN INTERNATIONAL VALUE. HAS VALUE BEEN GIVEN…HAS IT BEEN RAISED? BUT THEN AGAIN, THIS COULD BE EVIDENCE OF “THE THINGS MOTION.” I’M NOT LOOKING FOR A RATE BUT THIS SEEMS TO BE EVIDENCE OF MORE THAN A PROGRAM RATE STANDING STILL…IMO.