Iraqi Dinar Guru opinions 6-6-17
Iraqi Dinar Guru opinions 6-6-17
6-6-2017 Intel Gurus Frank26 and Delta “What if the exchange rate were to drop to 1250?” What if it dropped down to 1200? This is about 2%. If they dropped down to 1190 or 1180 – the CBI wouldn’t be able to make money anymore. …they have done a great job in getting within the 2% compliance. The CBI has done some impressive things. The IMF can’t stop being so proud of them. It looks like the CBI is adjusting accordingly to the 2% — to the rate of the IQD internally – which is an IMF requirement. The IMF stated that their sole objective were a few things, and that is it. The IMF looks very, very happy. Everything is looking very good for investors. The biggest obstacle was corruption. We’ve been waiting so many years…but it was good that they waited until they got it right. …that’s why they brought in Jack Lew – they learned from what happened in Kuwait. They needed border control, needed to manage the float. They are going to control this very well.
6-6-2017 Newshound/Intel Guru BGG [Mosul?] I have no prediction…I think they are close. As I have said all along – this is war. This is the end – it may not go easy. I am very interested to see what the News Cycles look like right after Mosul – for that first week or two… this will tell us what’s what…
6-6-2017 Newshound/Intel Guru BGG […is it just down to the old section of Mosul now?] It is down to a very small area… what I heard a couple of days ago – tough going. It is the end – of course it will be tough. In the mean time – hang in there. This struggle will come to an end. At some point they will do something with this currency. When that happens – you are positioned to enjoy the benefit…and that is probably the most encouraging you have heard me in a while.
6-6-2017 Newshound Guru mike Article: “The Amman meeting with the IMF result in a supplementary budget for the current year” There are many who believe that the IMF/WB are in control but I gotta tell you, $5.3 billion don’t buy a country. I can’t find an example in the history of the IMF/WB that they’ve taken over the sovereign financial obligations of a country, let alone for such a small amount. Article quotes: “Iraq has signed with the International Monetary Fund memorandum of understanding conducive to monitor the financial and economic policy” and this: “The program aims to assist Iraq in reforms in the foreign exchange policy” The SBA and SMP are monitoring programs, they advise, assist and monitor Iraq’s financial progress with the banks, budgets and currency programs.
6-5-2017 Newshound Guru MilitiaMan Article: “Barzani, the party declares the application of Article “140” on the areas liberated by the Peshmerga” Wow. One more piece of the puzzle placed, timed and framed. Starting to see the pattern friends…? Articles out about the liberation of Mosul, is imminent. Think about what this means to the progress of the MR [Monetary Reform]…imo.
6-5-2017 Intel Guru RayRen98 Still no public release of the RV, which should have happened some time ago. Things happen according to plan, and sometimes plans change… so this RV is coming out at a later date than we expected. Over the weekend, Iraqi television showed their leaders claiming victory this week. …they are talking about celebrations for the soldiers on June 12, which should mean that the fighting is over – cleaned up, past tense. June 10 is the anniversary of ISIL taking over Mosul, so there is a symbolic significance for that being the official date they are finished with the liberation of Mosul. We don’t really know how much is left in Mosul – half a district? Clearly it’s no longer an issue there. Abadi is filling the Finance Minister’s seat until a new one is selected, so that won’t interrupt the process. We will just wait for the rest to unfold. …we expect this to happen any time. We are waiting for that green light.
6-5-2017 Newshound/Intel Guru Mnt Goat The Central Bank of Iraq came out in 2013 and said that more SECURITY and STABILITY are needed to continue with the project to delete the zeros. WE know that this project will ultimately lead to a significant increase in the value of the dinar. Okay, so what did I tell you Iraq is targeting for goals to get the level of needed SECURITY? 1)Defeat existing ISIS terrorist, 2)Get rid of Iranian influence and militias, 3)secure the boarders of Iraq. Now we see yet more articles proving this is true and actions being taken to fix these issues. Why are these issues so important for the RV? Iraq is not about to RV until they are very certain of their countries STABILITY and SECURITY. We have been told this many times. …they are at the mainstay of the targets that Iraq desperately needs to accomplish prior to the RV. …we see yet more of these pieces being put in place to ensure these capabilities. This is all very good for our RV saga.