Iraqi Dinar Guru opinions 6-12-17
Iraqi Dinar Guru opinions 6-12-17
6-12-2017 Newshound/Intel Guru BGG [IMHO I THINK WE ARE BEING STRUNG ALONG, A TWEET CAME OUT SAID THAT HUNDREDS OF THOUSANDS OF IRAQI CITIZENS ARE RETURNING HOME. THE GOI AND CBI FOR WHATEVER REASON IS CONTINUING TO DELAY, FIRST ABADI SAID GIVE ME MOSUL AND YOU’LL HAVE ALL THE REFORMS! NOW MOSUL IS NOT ENOUGH HE WANTS ALL OF IRAQ! I JUST PRAY WE HAVE THE REFORMS BY THE END OF JUNE.] Abadi never said such a thing – in fact, he’s not in charge of international support and acceptance. The IMF, WB and UN is [are?]. If anyone has anything to say along these lines – it’s not Abadi. Nowhere has Abadi said he wants all of Iraq before he institutes monetary and currency reforms. In fact, just last week one article inferred they are already well into the process of monetary reform. These are documented facts.
6-12-2017 Newshound Guru MadDScout Article quote: “The Central Bank of Iraq has started since the beginning of this year to adopt specific benchmarks regarding the participation of banks in the window selling foreign currency (the dollar),” noting that “this comes after what nearly a year of preparation and consultation for the development of such standards as currently drafted…” They have not been “waiting” on Mosul…Back when they told us that the zero’s were on hold “But” they were making forward movement on criteria… […the comment NOT waiting on Mosul…what is that saying?] Although it is important, they are not sitting on their hind end waiting on anything…progress is daily.
6-12-2017 Newshound/Intel Guru Mnt Goat …my CBI contact told me unless we see the re-education of the process to delete the zeros begin again and the announcement from the CBI that they are going ahead with the project again there will be no lower denominations launched and thus NO significant increase in the value of the dinar. We know that UN Chapter VII financial sanctions from the 2003 war must be lifted “fully” prior to any major move in currency reform. Why would they lift them when the reason for them being placed on Iraq in the first place still exists? Let me tell you with all the corruption with the currency auctions, money laundering and counterfeit currency they are not about to do anything in this regards until Iraqi is rid of terrorism. The prime minister himself made an announcement in late April that the country is working with the IMF to have ALL Chapter VII sanctions lifted in 2 months. Yes – that is now the end of June or just prior. We await this news from the UN. Could it get any better?
6-11-2017 Newshound/Intel Guru Mnt Goat Article quote: “…it is contemplated to resort to an emergency government in Iraq, in the case could not be made scheduled for April 2018 general elections, or in the event of Prime Minister Haider al-Abadi failed to win qualifies him to stay another term in office.” I fear that if this RV overflows into election timeframe coming up next year we could be in serious trouble if we have to go through this election saga again between Maliki and Abadi. Do I believe this RV saga will go into 2018? Absolutely NO! I am just saying “if” and what we might expect if it does.
6-11-2017 Intel Guru Dr. Clarke Are you PAST Ready? Here it is, June 11, 2017. Due to what WE see happening from JUNE 23rd onward, our guess is that, MASSIVE amounts of Money, will change hands in JULY…AFTER the 4th, to be sure. MASSIVE. There is a big SHOCKER, that nobody sees coming…give it about 2 weeks. It will Change the direction of EVERYTHING!…and it won’t be FAKE. You won’t Miss it. It will not be a “maybe”, for it will be unmistakable. The MASSIVE amounts of Money, that move in JULY, will be TINY, compared to the MASSIVE amounts that move in OCTOBER. Oh, we almost forgot… “ANYTHING can Happen, at ANY TIME”.
6-11-2017 Intel Guru Jester ALL THE THINGS WERE DECIDED AND ARE MOVING FORWARD…WE KNOW THEY ARE WORKING ON ONE MORE THING… WE ARE GUESSING AT WHAT IT IS SINCE WE ARE NOT IN CONTACT WITH ANYONE AT THAT HIGH OF A LEVEL THAT WAS IN THE ROOM AT THAT TIME… AND THEY ARE BEING VERY HUSH HUSH ABOUT WHAT THAT IS…I KNOW YOU ALL LIKE THIS TO BE OVER… IT IS NOT AS SIMPLE AS YOU THINK TO FIND THAT INFORMATION…WE HAVE GOOD CONTACTS TELLING US IF WHAT WE THINK IS IN THE RIGHT DIRECTION… THAT IS ALL… IT WOULD BE HANDY IF THEY WOULD GIVE US THE ANSWERS… LOL.
6-11-2017 Newshound/Intel Guru Mnt Goat Article: “Ready to operate the “Iron and Steel” factory in Basra” Quote: “…The director of the iron and steel factory in the province of Basra, Abbas, said on Tuesday that his city will witness the end of next year, the creation of all the equipment for the operation of the iron and steel mill and melting of the scorpions, which was one of the largest factories in the Middle East.” I can express how good this news is. It is WOW news! These are exactly the kinds of articles we hope to be reading at this point in time. Yes- the govt in very serious now in getting the economy rolling again. How does effect our long awaited RV? Remember to tie these kinds of articles to what we already know for FACT.
6-11-2017 Newshound/Intel Guru Mnt Goat To RV Iraq will need to step up their private sector and begin producing goods and services. They will have to work on raising their GDP (gross national product). These kinds of moves will drive the value of the currency up and stabilize the economy. I also want to remind everyone too that in late April Abadi said that he is working closely with the IMF and World Bank to get “fully” out of sanctions related to Chapter VII. Why would he say this if they were not still in Chapter VII sanctions? Why can’t they now just use their dinar to pay for imports of goods and services? BECAUSE THEY ARE STILL UNDER SANCTIONS. These sanctions will not be “fully’ lifted until the threat of ISIS and other terrorist no longer exists. This is why they put the sanctions in place to begin with. No peace, No lifting, No RV. So this too is very good news. But I would not hold my breath to look for an RV until these sanctions are “fully” lifted.