Iraqi Dinar Guru opinions 8-4-17
Iraqi Dinar Guru opinions 8-4-17
8-4-2017 Newshound/Intel Guru Mnt Goat Article: “The Ministry of Justice is implementing the electronic payment project for the salaries of its employees” Implementing yet another ministry, as the CBI moves to get each ministry electronic. The electronic banking is all part of the process to delete the zeros. So they are moving forward with the process slowly.
8-4-2017 Intel/Newshound Guru tman23 “Iraq studies oil swap for reconstruction 1st August, 2017 Iraq’s oil and energy committee unveiled a proposal to swap oil for the reconstruction of terrorism-hit areas with major powers, notably the United States…” THIS FITS THE NARRATIVE FOR THE IQD SPECULATORS WHO WERE OF THE MINDSET THAT THE IQD WOULD BE HELD FOR OIL CREDITS BY FOREIGN GOVERNMENTS…
8-4-2017 Intel Guru RayRen98 Iraqi TV is reporting the CBI governor, Allaq, indicating that finalization of the economic reforms should be obtained in 3 weeks with a review of the budget set for August 21, 2017. It is anticipated that the reforms should maximize and conclude at that time. The budget review by the federal court has been postponed until August 21, 2017 also. Written articles are somewhat contrary to the TV reporting…hmmm?
8-4-2017 Intel Guru Bruce …the IMF meeting which was on Tuesday morning…was a success, and it was such a success that the IMF congratulated CBI of Iraq for providing what it was they needed to provide…doing that actually earlier or more quickly than anticipated by the IMF. They did come with a rate, whatever it was IMF was looking for and they checked all the boxes. That was very positive. They congratulated the CBI for having done that. As far as what has occurred since that meeting we…understand that Iraq has 72 hours to release the rate, or have the rate out and visible for all the world to see. I think we are coming up to fairly closely sometime late tonight or tomorrow [Friday] hitting that 72 hour period. What is interesting is Iraq did what they needed to do and also had an anti money laundering law that was voted on and needed to be enacted, put into law. I believe that has occurred. I believe the only thing that I can see that Iraq needs to do is make that rate for the Dinar, the new Iraqi Dinar known, put that rate out.
8-3-2017 Newshound Guru Adam Montana [what is your take on their statement of establishing the National Oil Company and then doing the HCL?] I don’t think the National Oil Company is a prerequisite to move forward on the HCL. [If the Kurdish separate from Iraq, will they still use the Iraq Dinar? Whats your opinion how this would effect our investment?] It’s my opinion that will never happen.
8-3-2017 Newshound/Intel Guru Mnt Goat Article: “Parliament: The law “National Oil” will be ready to vote soon” Remember parliament was holding back on the final vote of the updated HCL sitting there now for over a year. So this National Oil law is NOT the HCL but it may be in part holding back the final vote of the HCL changes, now sitting in parliament. Quote: “We will meet with the Kurdistan government during the next week; to reach a formula for agreement on the draft law, and we expect to pass it after.” …let’s hope it’s just weeks not months.
8-3-2017 Newshound Guru Aggiedad77 [Guru] Delta…great confirmation of an article…that confirmed the disbursement of the Escrow account to Iraq from the UN. Articles: “Iraq announces the restoration of 131 million dollars of its assets held by the United Nations” “Iraq recovers its assets under the United Nations under the oil-forfood program”
8-3-2017 Intel Guru Delta URGENT FROM IRAQI TV: IRAQ RECOVERED ITS ASSETS HELD BY UN REGARDING THE COMPLETION OF IRAQIS OBLIGATION RELATING TO HIS RELEASE FROM CHAPTER VII.
8-3-2017 Newshound Guru Kaperoni Article: “IMF Executive Board Completes Second Review of IraqÂ?s Stand-By Arrangement and the 2017 Article IV Consultation” The good news is when push comes to shove, parliament will pass legislation as seen with the recent supplemental budget. Iraq needs money now, and IMO there is no time to waste to create the conditions for investment and a private sector. We wait and see…