Iraqi Dinar Guru opinions 7-26-17
Iraqi Dinar Guru opinions 7-26-17
7-26-2017 Newshound Guru Aggiedad77 “The Council of Ministers authorizes Araji to sign the investment project between Iraq and America Protection Convention” …that be UUUUUUGGGGGGEEEEEE news …protection of investments between Iraq and the US…can you spell Trump DEALS on this…IMO…this is yet another step they are showing us in just how ready they are for things to move in a positive and extremely proactive direction IMO…
7-26-2017 Newshound/Intel Guru Mnt Goat Iraq and the IMF (along with the World Bank and the World Trade Organization and many other three letter agencies) are working very closely with Iraq to position it for the next economic phase. This phase is not something of the distant future. It is now and it is progressing forward. Could it eventually include a significant increase in the value of the dinar? Yes, and will most probably (almost certainly) culminate in some significant increase in the value of the dinar. But let’s not put the cart before the horse. First things first. There is work to be done and we are seeing it play out.
7-26-2017 Intel Guru Bruce Overall we are pretty much seeing everything coming to completion. Iraq has done all it has to do except we are looking for the addendum for the budget which was passed. We believe it has the information about the new addendum to the budget and the new rate for the Iraqi dinar in that budget. We are looking for it to show up in the Gazette. With it showing up in the Gazette the rate for the Iraqi dinar should show in the Gazette as well. Rates are super high we hear. We know that Iraq for example is looking to receive a mutli-billion dinar loan from IMF. We believe everything is still planned for that to go through, but Iraq has to put out their rate. That is the last thing they need to do is put it out internationally and that should be in the Gazette tomorrow [Wednesday]. That is what we are expecting.
7-26-2017 Intel Guru Bruce My understanding is the printed version of the Gazette which is Iraq official newspaper, that newspaper is printed and available Wednesday and Saturday. My understanding is tomorrow’s version of the Gazette is printed and ready to go. Now I am not saying that is when it is going to go or could go, but it could be a good indicator that it should happen hopefully before the end of the week. We heard that we should be there by Friday, or maybe beforehand. …if everything else goes according to plan, we should be there very shortly…We are at a very exciting time.
7-26-2017 Newshound Guru Aggiedad77 Article: May 6, 2017 “Calls for the launch of “mobile” banking and leaving paper transactions” Yes it is dated slightly…but look what is upon us…activation of e-banking…e-commerce…e-dinars…they were ready in May…well…guess what the activation is upon is [us?]…indeed…IMO.
7-25-2017 Newshound/Intel Guru Mnt Goat So as Iraq now moves on to the next phase in its history…its now all about the economy. The CBI is not holding back on making the needed changes and adjustments. It is simply amazing how much information the CBI is now publishing and informing the public. It is all very optimistic for us. But when will they tell the citizens they are going to move to the next phase of the “project to delete the zeros”. It has been over a year and a half already since they last educated them on the process. Remember in the fall of 2015? Remember all the news about this project. This is what we can expect to happen again. So when will they do this? They will do this when they are getting ready to execute the next phase. So they are not yet ready to move on it. This is why we have not yet read these articles. It is that simple…we know when they are they must inform the people. In fact the CBI even told us they will, many times. So we sit and wait for this sign. This is now our expectation and major focus.
7-25-2017 Newshound Guru Aggiedad77 Article: “Iraq exempts foreign companies from taxes and will increase them to Iraqis” IMO it is signs like this that are making those companies and countries in the LL (long line) very restless…like a race horse being put into the gate, very cantankerous and feisty until the bell sounds and the gate flies open…then they are off and running…That is where these countries and companies stand…they are anxious to get in….they want their share of the pie…their share of the gold mine that is Iraq…they are business people who see a profit for their company…for their shareholders…let it come soon…for we are with them as well…IMO.
7-25-2017 Intel Guru Delta Everything is good. We are on verge of something BIG happening. Behind closed doors, the CBI is working very hard…along with the UST. Allak is proving to all of us that he is doing an excellent job. [What did you think about the budget?] A lot of people get confused about it. As I look at parliament – this was one of the IMF’s requirements. They need to pay everybody, farmers…so the IMF did a supplementary budget. They did pass it today [Monday]. Remember…when the CBI pulls the trigger – everything will be adjusted. Without the IMF – nothing works. The 1st week of August is a very important meeting with the IMF. We might see something BEFORE that…or maybe AFTER. Let’s see what the report says. IMO…the CBI is all done. Remember the IMF said about 2 months…they would consider meeting once Iraq complied with everything – including the MR.