Iraqi Dinar Guru opinions 9-18-17
Iraqi Dinar Guru opinions 9-18-17
9-18-2017 Intel/Newshound Guru tman23 …[Guru] Kaperoni may be right in they will float the IQD…BUT it will not float with the notes carrying 3 zeros… NEVER EVER NEVER! What we are looking for is money moving on market openings 10/8 after 5 pm and transfers etc… Not to get into all the specifics…We just hope 3 zero notes are in play and the government needs us a mules to house accounts with cash at banks…
9-18-2017 Newshound Guru Kaperoni Article: “Economic reforms and upgrading banking institutions” I think the goal is to raise the value to 1 to $1 or about. It just won’t happen overnight as some want to think. It’s a process that will take a period of time (I believe 6 months to a year) via a float. In doing so, the zeros disappear and Iraq moves to denominations like a 1, 5, 10, 20, 100 dinar and some fils (coins). Keep in mind, if we are correct, and that is the plan, then they simply just cannot decide arbitrarily to raise the value, they need momentum. And that is created by investment. They need the laws passed, banking insurance to invite investors to bring capital into Iraq. The result creates inflationary pressure on the CBI to float the dinar. And the result should allow the dinar to appreciate in value. So we wait.
9-18-2017 Newshound Guru Enorrste Article: “Economic reforms and upgrading banking institutions” I agree with KAP [reference Guru Kaperoni, 9-18-2017] on this one. We wait. But at least they are now seriously discussing moving forward as opposed to two years ago when half of the economists were calling on Iraq to wait, wait, wait.
9-18-2017 Intel/Newshound Guru payray The IMF has been giving Iraq glowing reviews for the last few months… I believe the next review will come after the increase of the dinar takes place…
9-17-2017 Intel/Newshound Guru payray [I could be wrong, but I suspect this “economic policy” theyre referring to is Post RV. Or this is old news and theyve already got it in the making. I believe were just hours , maybe a few days from the RV happening , with their Liquidity Crisis and all. They cant function much longer without doing something to the value of their currency! Not hyped , just being realistic! JMHO] I believe you are correct sir… It certainly seems that this cannot wait too much longer… On many fronts the sense of urgency has been made to be quite urgent…
9-17-2017 Newshound Guru Enorrste Article: “The government issued new measures to support and stimulate investment” The following statement struck me especially well: “will follow up on strategic projects and infrastructure projects and extraction of natural resources and ports, airports and roads projects and railway projects and metallurgical industries and petrochemical, and projects of dams, reservoirs and irrigation.” This committee is setting up a scenario which will make it attractive for foreign investors to engage in the Iraqi market. This is the carrot that has been needed. In order to make this work, however, the CBI will have to open the currency to international trading. I suspect that the IMF is even now preparing to have the CBI make that transition to a floating currency. Otherwise, this committee is just blowing hot air. No serious investment will occur unless and until the currency is internationally tradable, in my view.
9-17-2017 Newshound Guru MilitiaMan Article: “Abadi threatens: ready to intervene “militarily” if the referendum of Kurdistan to chaos” I have to agree with you on the events are unfolding for Barzani, and it sure appears he is pushing the tide. In the end the tide still rises to the level it will and that will be marked in the sand. The PTBs spoke in support of Abadi and not the Kurds. They will need to take the HCL and 140 as is now, imo.. Abadi has the arrow that will sign and seal this by going live imo.. Something the world is waiting on! The cat is out of the bag!
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.
9-17-2017 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..