Iraqi Dinar Guru opinions 5-10-17
Iraqi Dinar Guru opinions 5-10-17
5-10-2017 Intel Guru Delta [Abadi and Allak are going to look like heroes aren’t they.] Oh yes those two people will look so good, especially once Mosul is liberated…they get the credit…even with no official notification…all indications and what they are doing behind closed doors and with the economic conferences and seminars taking place…they are shifting their focus from terrorists to their economy because we believe Mosul is a done deal…yes these two people I believe will look like heroes…one is the Prime Minister Abadi…like two birds with one stone who liberates every city from DAASH and ISIS and gives Iraq Security…and the other one is the governor of the CBI Allak who will also look like a hero for the plan he has created…this guy is doing what is necessary to help their currency and their country and he deserves a lot of the credit.
5-10-2017 Intel Guru Delta […there was another meeting going on…a big meeting that happened about 24 hours ago with Abadi, Joubari, Hakim, Sadr…what do you think about this big meeting with these powerful men…?] I agree this was a huge meeting…it appears to have been a very successful meeting…We believe this meeting was regarding an announcement…and that is about the liberation of Mosul and they await the right timing…and by the way I do not believe Mosul to be an issue anymore…we are just waiting for them to announce it officially…they just wait for the right moment to announce it…and of course after that we wait for the announcement of the currency or Financial Reform…
5-10-2017 Newshound Guru Kaperoni Article: “Central: The reality of the Iraqi economy makes it imperative to develop financial operations” Quote: “indicating that the deposit guarantee law is the cornerstone of this topic and its application is true to move liquidity in the right direction and transfer to the banking sector , which Ciozvha in the national economy first . The estimated volume of liquidity in Iraq to 47 trillion Iraqi dinars in homes around hoarding 70 percent of this amount , according to indicators of specialized centers and finance experts. ” I see Iraq a crossroads, they need to get these things done now so the CBI can get the banking system open to the world for foreign investment. No time to waste and they have been talking about a private sector way to long.
5-10-2017 RUMOR Guru Bruce This morning [Tuesday] we were suppose to have the new budget for Iraq in their Gazette published. It was not in the Gazette. The budget would contain the rate of the dinar, something everyone could see and therefore could be put out around the world for all to see the new Iraqi dinar rate. It is something they have sort of kept from us. Possibly waiting for the announcement about Mosul… The process is under way. The GCR/RV is under way. We are in the midst of it happening now. It has initiated. Just realize we are right there. The rates continue to be traded up. They are in great shape. We know it is coming. They are finishing up last minute touches. The information I just got is very exciting. The proximity is we are right there. I can’t say we will definitely have it tonight or tomorrow. …it wouldn’t surprise me if we get it…soon. I am very excited.
5-9-2017 Intel Guru Delta […what can you share about the MO figures? What is your opinion?] I think they are very low. The spreadsheet of the CBI will show something like 27 trillion. The exact cash in the hands of the citizens…they say they have around 70%…but never share the exact amount. Remember about 2 years ago they said they reprinted about 4 Trillion Dinars. I believe…maybe like a couple of trillion in the hands of the people because most citizens have USD’s. Exchange with citizens will either be electronic or into lower denoms. The only time you can buy USD’s will be if an Iraqi is traveling to the USA and shows documentation. The CBI is not going to lose any money. A month ago…they stated they had like 11 billion dinars…I think they have less than that. Inside of Iraq…a dinar is a dinar – they can’t exchange for USD’s.
5-9-2017 Intel Guru Frank26 Article: “Baghdad/ Iraq TradeLink: Iraqi Acting Finance Minister Abdul Razzak al-Issa stated that the financial reform in the courntry, in cooperation with the World Bank (WB) has been started.” IMO the IMF and the World Bank made a plan. The World Bank and the IMF have agreed as of December 2016 to follow through – known as the “Financial Reform” of the IQD. As you know…there was a delay due to stability / security / Mosul. Three days ago, an article came out and said that they had LAUNCHED their Financial Reforms. They (IMF & World Bank) have been demanding for Iraq to do this. Iraq will not be able to go back on their agreement. They have LAUNCHED the reforms family!
5-9-2017 Intel Guru Frank26 [Guru] Delta has told us that in Arabic…they HAVE LAUNCHED the FINANCIAL REFORMS in Iraq. This is the first time we (Team) recalls seeing an article where the World Bank and the IMF DEMANDING of a country to do their financial reforms. As you know, the IMF and the World Bank only deal with money issues – they are not a political organization. The BUDGET to INVESTORS…they all need a change in the rate of the currency of Iraq. Consider this month of May…the event of Ramadan…it lasts for 30 days…It starts on the 25th…and leads into a 3 day holiday called EID…which helps the poor. In the 8 years I have been with you…they don’t do anything during Ramadan or EID. Maybe this is why the monetary reforms should happen BEFORE Ramadan. Keep in mind…you don’t stop a LAUNCH in mid-flight!
5-9-2017 Newshound Guru mike Article: “Baghdad and Washington towards activating the strategic framework agreement” From what I understand, the SFA is a bilateral agreement, what we’re waiting for is Iraq to implement the changes on their side. The US has led the way but Iraq has a lot of work to do. I think militarily, the US is honoring it’s SFA side of the agreement, removing ISIL is a great example. We’ve trained, given weapons and fought side by side with the Iraqi’s. Most of the sections in the SFA are 3-6 line items until you get the the economic stuff, and that’s where the delays are.
5-9-2017 Newshound Guru mike …the US is Iraq’s “champion” to the world with the SFA and we’ve done everything we can to have the west help and support Iraq. …all they have to do is begin to help themselves. At some point they have to create an environment that’s palatable to outside investment and support, and they’ve got a lot of work to do on that front. They’ve shown us over and over that they’re willing to accept the handouts but they don’t want to be accountable for those funds. They can blame the slow movement on the USA and the SFA/TIFA but in the end, the ball’s in their court, all they have to do is pick it up and run with it. Your move, Abadi..
5-9-2017 Intel Guru Jester …OIL CREDITS OF $30/BARREL… WORTH WHATEVER THE GOING RATE FOR OIL IS… ABOUT $70 TODAY BUT HISTORICALLY AS MUCH AS $115… SPRING INTO EXISTENCE FOR A VALUE OF X NUMBER OF DINARS… AND A BARREL OF OIL IS SOME $5 TO PRODUCE…SO INSTEAD OF REPATRIATING DINAR AT WHATEVER THE STREET RATE WILL BE THEY TRADE X DINAR FOR AN OIL CREDIT THAT SOMEONE ELSE VALUES MUCH HIGHER TO GET IT… AND GET OUT OF THE WHOLE THING WAY MORE CHEAPLY… THE DINAR IS TRADED IN AND CONVERTED TO AN OIL CREDIT FOR A CHEAP SUPPLY OF OIL… IRAQ GETS OUT AT A FRACTION OF WHAT IT WOULD COST TO TAKE IN THE DINAR ON THE STREET RATE…SO BASICALLY… FROM IRAQ’S STANDPOINT A HUGE AMOUNT OF DINAR IS TAKEN UP FOR A CHEAP SUPPLY OF OIL… THEY SUPPLY THE OIL CHEAPLY TO THE OIL CREDIT HOLDER… THE OIL CREDIT HOLDER IS HAPPY TO BE GETTING THE OIL FOR THE OIL CREDIT PRICE..