Iraqi Dinar Guru opinions 9-17-17
Iraqi Dinar Guru opinions 9-17-17
9-17-2017 Intel/Newshound Guru payray Article: “Urgent policy .. Parliament of Kurdistan endorses the referendum independence and ends its national anthem” Not going to happen, and they know it… News is so inconsistent on this matter… For a reason though… We have to have drama right?… This would not be Iraq without the arguments, and infighting… The joining hands of both factions will come quickly as they tip toe through the tulips with a predetermined solution in place… All of this is being done for a reason folks… Shabibi declared it would occur as we drew near to the completion of monetary reform… Hang in there…
9-17-2017 Newshound Guru Kaperoni Article: “Association of private banks and the International Monetary Fund discuss the challenges facing Iraq’s economy” I like this. To have the head of the private banking association going to the World Bank to say…hey, we need to step up the reforms is a good thing. After all, the WB, IMF are pushing this forward.
9-17-2017 Newshound Guru mike Article: “The government issued new measures to support and stimulate investment” We still need legislation passed in Parliament: “The Commission will continue to analyze and examine the obstacles facing the investment process in order to remove them, and have the power to instruct the National Investment Authority to grant investment license if meet the requirements and legal requirements for the projects before the Committee” I hope I’m wrong, but I don’t believe Abadi can make decisions outside the law and constitution, otherwise the opposition will accuse him of overstepping. Besides, how legally binding is an executive order that contradicts the law of the land? It’s still too risky for potential investors. Pass the laws.
9-17-2017 Newshound Guru Walkingstick Article: “Abadi threatens: ready to intervene “militarily” if the referendum of Kurdistan to chaos” Myself, I do not believe it will resort to that… Barzanis insistence of conducting the referendum, rhetoric of war (likely, to save face before the vote) is drawing these responses from Abadi… But, if by some remote chance… the referendum were to be approved by parliament…Obviously, not recognized by any world body… Barzani, and the Kurdistan region would likely suffer the same fate as S and Iraq had in the past…isolated from the outside world, at an accelerated pace. A number of articles have stated…Iran could close their borders, possibly cut their water supply.. Turkey, shut down the pipeline, their only real means of oil export, and a variety of other options..
9-17-2017 Newshound Guru Walkingstick All countries, providing financial aid… would, cease immediately… Economic sanctions could be imposed against Barzani and his government, funds frozen… Possible, sea embargo… U.S and EU have clearly stated they will cease any and all funding… Possible, sanctions against the government from the UN… The list, goes on…These, but a few of the possible options stated in a number of articles, over the past few months … All this, leads to nothing more than another failed state. With that, I believe it was his last- ditch effort to draw in the international bodies to enforce the enactment of agreements made… ie: HCL, Article 140 .. etc etc … just, an opinion…
9-17-2017 Newshound/Intel Guru Mnt Goat Things are getting back to normal in districts since the war in 2003. This is all good and any news of getting back to normal is good news for us. This is what we want to hear.
9-16-2017 Intel/Newshound Guru payray Article: “The port of Umm Qasr receives 7 ships with various loads” Lots of containers, and cargo being shipped into Iraq of late… But what if they prepared for a buying spree, and no one had the dinar to buy it due to cost, and the value of their currency?… Companies would not bother to export to Iraq, and set up shop within this nation if they knew they were not going to profit from it…
9-16-2017 Newshound/Intel Guru Mnt Goat The re-education must come first not the RV. I can assure you without a shadow of doubt that the RV has not yet happened in Iraq, the lower denominations are NOT yet launched and they have not yet began the re-education process we have been promised will happen. So where are we now at mid-September. Right now we wait to see the next move (tactic) by the CBI to complete the needed collection of the 3 zero notes. The CBI has spoken to us this week that this is an issue and they plan to address it soon. Prime Minister Haider al-Abadi said on Wednesday that the world has become confident in the Iraqi economy, pointing out that the financial crisis was the cause of the affected the situation.
9-16-2017 Newshound/Intel Guru Mnt Goat He said it is noteworthy that Iraq is experiencing an economic crisis due to the decline in oil prices, and spending in the war against the organization, “Daash,” while Prime Minister Haider Abadi, on more than one occasion, that Iraq will emerge from the financial crisis is experiencing stronger. Abadi stressed that “we are in the last stage of liberating our territory and we will continue to train and train our forces because terrorism is trying and will continue to try and we must beware of it.” This sounds to me like Abadi is waiting for the terrorist crisis to be over, then to make his next move with the economy. I believe we know, in part, what this next move will be.
9-16-2017 Intel Guru RayRen98 A major bank indicates that Dinar is now being tied to SDR’s. It appears there’s no turning back now. I believe a rate change could be imminent. [NOTE: From azletwinmom – The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves. As of March 2016, 204.1 billion SDRs (equivalent to about $285 billion) had been created and allocated to members. SDRs can be exchanged for freely usable currencies. The key to this statement is SDRs can be exchanged for freely usable currencies!]
9-16-2017 Intel Guru Frank26 As much as i may want to SHARE more…IMO…This ”LL” (long line) is about to play another part in the MR that is soon to affect us dinar holders… But I can not. A Vanturi Effect is forming in our SHARING…making it difficult to impossible to say too much nowadays. But IMO… The best thing to SHARE with You…is A Question. What are You Worried about?..
9-16-2017 Newshound Guru Aggiedad77 Article: “The Association of Private Banks and the International Monetary Fund are discussing the challenges facing Iraq’s economy” …continued discussions regarding Iraq’s economy…the IMF is so very interested in Iraq…but even more than that…IMO they are very interested in seeing Iraq succeed…The IMF IMO knows that bigger things are in store for Iraq and how they will be impacting the world in which we live…they are encouraged by Iraq’s drive to put emphasis on more than just oil…they need other avenues and they are doing their best to lift up these other industries for the world to utilize…And these bankers are not sitting idly in their offices and letting time go by, they are making the necessary efforts to get their people trained…trained to work more effectively in an international market place…watch for it…the BEST is coming…IMO…soon.
9-16-2017 Newshound/Intel Guru Mnt Goat The CBI and the IMF are working very hard to roll out this revaluation. There is absolutely NO REQUIREMENT to post the new rate in the gazette to make it effective. In fact the rate will be published on the CBI site and listed on the global currency exchanges, and that’s about it… there is absolutely no requirement to post a new currency rate in the budget or in the gazette.