Iraqi Dinar Guru opinions 4-10-17
Iraqi Dinar Guru opinions 4-10-17
4-10-2017 Intel Guru Frank26 IMO, they are preparing to show you the true rate of the currency because the program rate is not the true rate. The IMF has told you the CBI is obligated to do their physical and financial reforms and they were told to lift the restrictions of their currency and to give their currency it’s true value. I do not believe they are disobeying in the month of April. Consider the financial conference in Lebenon…on the agenda of the CB/IMF meetings is to eliminate their exchange rate restrictions. They just printed 11 billion 600 million dinars. Why such a small amount and why tell us now? IMO, it’s not the paper note count that is important, it is the value of the lower denoms and they are part of the sequence that’s coming up next. All of this hinting is because they are going to release a new rate for their currency. Based on just this, imagine what the rate will be when it’s international outside of Iraq. 1-1? No. Higher? Yes, IMO.
4-10-2017 Newshound Guru Aggiedad77 Articles: “Jumaili Kubis discuss national reconciliation and plans for the reconstruction of the affected areas” “Experts live the Iraqi economy 14 years after the fall of Saddam” “Vice calls for the adoption of the standards of the World Bank to support the economy” …how many different ways can they tell the world what they are about to do… Notice any pattern changes…so little about Mosul…so little about terrorism…but big time articles on reconstruction, reconciliation…the subtle hints of changes…the not-so subtle hints of their intentions…
4-10-2017 Newshound/Intel Guru BGG The BIGGEST article of the day… “Director of the Issuance Department of the Central Bank: Printed currency volume exceeds 11 billion and 600 million dinars” (the title is a little weak for the content of the article)…the title should have read RV- RV- RV!! Quote: “Most of the Iraqi Central Bank steps are subject to political and legal environment of the country, especially in regard to the deletion of zeros…” …this is what you are after – EXACTLY. PERIOD. it’s isn’t a removing of the 000 from the notes…it isn’t a changing of the DECIMAL POINT…it isn’t a change in the nominal value…IT’S A CHANGING OF THE REAL VALUE and A BRINGING IN OF THE BIG NOTES… “…deleting the big 000 notes from the market place” = RV.
4-10-2017 Newshound/Intel Guru BGG …they have no intent on bringing out any bigger note classes – THEY DON’T NEED IT… value is going the other way…nowhere in there does it mention Article 140 – HCL – or anything else… nor does it bother to mention any laws needing passed… just a few changes. (aka – AMENDMENTS) [Also key phrase is “where it should be FOLLOWED by” Meaning the laws should be changed AFTER.] BINGO! money first – laws AFTER! why? They need to get this done now! This is about as much heads up as they are willing to give anyone…if they change the laws ahead of time – EVERYONE WILL KNOW. BIGGEST PIECE YET…here it comes… “On the other hand, the technical preparations are underway by us.” Meaning – on the other side of everything he’s said so far… they are and have been already making technical preparations (by the CBI). Pretty plain – if you ask me…pretty huge news…
4-10-2017 Intel Guru RayRen98 Iraq’s Finance Conference will be today and tomorrow, one of the main discussions will be the removal of restrictions. Iraqi TV reports the printing of new notes, mostly lower denoms, in the amount of 11 billion. (Hmmmm, that’s a whole lot of lower denoms in that batch…I wonder why?) Are you ready?
4-9-2017 Intel Guru Delta FROM IRAQI TV: “Reduce the prices of wireless segments from 10 thousand to 1,000 dinars only.” IQD INCREASING IN VALUE…MORE PURCHASING POWER …THE NEWS IS FRESH WE SHOULD GET MORE INFO. IMO…CBI IS ABOUT TO DO IT!
4-9-2017 Newshound Guru mike Article: “The Social Fund for Development .. Development Experience an investment vision” More loans, it appears the IMF is going to give another $13 billion to these guys. An open market economy that contributes to all of Iraq will take years to develop, now is the time to create the framework and implement the policy. Talking about it isn’t good enough anymore.
4-9-2017 Newshound/Intel Guru Mnt Goat Article: “Security Expert: Full Victory in Mosul includes Check on Sleeper Cells” Is Mosul now “fully” liberated? – NO it is not. Large military operations have ended but now they have to clean out these sleeper cells. They told us last week in an article it would take about 2 weeks to do this job.
4-9-2017 Intel Guru ADMINBILL THE EVENT APPEARS TO BE ON OUR FRONT DOOR. THE ACTUAL DAY REMAINS A MYSTERY.
4-9-2017 Newshound Guru mike Article: “Progress Institute assesses the symposium on the business environment and development prospects in Iraq” It’s cool that these kinds of symposium’s occur, but they seem to be more focused on qualifying for loans than an actual move to an open market economy. We need Iraq’s legislative branch, Parliament, to get to work on creating the environment for success and let go of the tired, centralized system that has failed them now that oil prices are where they are. It’s not like Iraq is reinventing the wheel, the Eastern Bloc countries in Europe have done it. So has Poland, Russia and the Chinese. What we’re missing is political will to make change. Your move, Abadi.
4-9-2017 Newshound/Intel Guru Mnt Goat “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.” Ratings agency Fitch upgraded last month Iraq’s outlook to stable, based largely on the country’s improving public finances. WOW! Are you excited yet?