Iraqi Dinar Guru opinions 9-30-17
Iraqi Dinar Guru opinions 9-30-17
9-30-2017 Newshound/Intel Guru Mnt Goat Seems Iraq goes through one crisis after the other. So now we have to deal with this ongoing saga of the Kurdish referendum…this referendum for Kurdistan to break off from the Republic of Iraq IS A VERY SERIOUS MATTER….I can assure everyone that this is not a “smoke screen” for the RV…Folks it is not about Kurdistan separating that you should be worried about…It is the ramifications and consequences for Kurdistan in trying to separate. All you can do is listen to the FACTS and we all watch just how this plays out in the coming weeks.
9-30-2017 Newshound/Intel Guru Mnt Goat …this Kurdish issue on wanting to succeed is all about Article 140 and them wanting legal legislation to govern this territory over to them, as stated in the new Iraqi constitution. Don’t you find it funny how the GOI still refers to Kirkuk as “disputed” area. The Iraqi constitution clearly states these regions belong o Kurdistan. Its all about oil and the oil in Kirkuk region. Kurdistan wants Article 140 in law and passed in parliament. Will this pressure from the referendum help get this done?
9-30-2017 Intel/Newshound Guru payray This Kurdish referendum situation is just too convenient for a variety of reasons… And at this juncture, when so much has been achieved, makes no sense at all to have been done… Barzani is smarter than that… But regardless Abadi knows the referendum does not change a single thing… Poll voting at best… Why bother doing it when the outcome was quite obvious?… Of course the majority of the Kurdish people want independence…Did we need a referendum to determine that?… REALLY?!… It was meaningless in the overall scheme of things…Reading abut Abadi’s response, one would think that the Kurd’s are in full revolt mode… And nothing could be further from the truth… …The news is just too darn good from an economic standpoint… No one is pulling out of agreements…Jordan, and Iraq have agreed to share a wide open border which will save time when products are being shipped…We are in standby mode.. Waiting for liftoff…
9-30-2017 Newshound/Intel Guru BGG I…remain bullish, in spite of what seems to be a never-ending Gerbil wheel we are on. I feel this way because of several reasons but I have one “bottom line” reason which concerns both the CBI and Iraq.
1) The Central Bank continues to keep this financial boat trim with auctions and such but it comes at a cost. This cost is reducing their reserves.
A) Each day as Iraq spends to rebuild and spends to cover debt it gets worse.
B) I feel there is drop dead “time-frame” for this country. It might be weeks or months. There is no way to know. Further, there is a point at which they will face daily – the choice of bankruptcy or getting off the program rate.
C) Trying to make their play dough work is sapping reserves.
As such, I remain bullish..
9-29-2017 Newshound Guru mike Article “Parliamentary Finance Committee stopped banking and financial dealings with the Kurdistan Region” Well, on the good side the rate was already 1257-1, it’s only raised 18 pips. The infighting is similar to what Yemen is going through and the government decided to float the riyal… No one wants the dinar to float without Article VIII but this rift may be the catalyst to a tough decision due to shrinking reserves. It’s the little people who take it on the chin with this move. But, there’s only so much time left on the clock for these guys and they have get the ball moving now, not later. Hopefully the IMF/WB can negotiate some middle ground on exchange restrictions and if they float like Yemen, they’ll have addressed many of the terms related to Article VIII acceptance…As always, it’s just an opinion.
9-29-2017 Newshound Guru chattels I have opined for some time now that my sense about the Kurdish Referendum drama is that it is / will prove to be largely rhetorical and of little import other than to add uncertainty to uncertainty in Iraq.
9-29-2017 Newshound/Intel Guru Mnt Goat The CBI will be responsible for trigging this reinstatement so we pay attention to what they are doing. …However the IMF and other agencies are to first approve the CBI actions in this regard, so we also listen to them.
9-29-2017 Intel Guru Bruce Has Iraq put out their new rate so the world can see it yet? No. Question, when will they do it? My understanding is it will happen sometime Sunday. …When I was told this, I was also told Sunday is the first day of their business week. Also, that it will be talked about with another announcement and put on their Jumbotron TV monitors in at least 9 provinces. That is going to be big time. We have the UN Operational rates in place, new Forex for the rates, and new rates for the public. Intel wise rates are high. I think we are in great shape. I am excited for you and for us and our community.
9-29-2017 Intel Guru Dr. Clarke THIS TIME…OCTOBER is your month…to “Party on the Patio”… FOR SURE. FOR SURE. FOR SURE. You’ll “SEE” during the first 3 weeks, what We ALREADY “SEE” Right Now…as the “MOVE” begins Saturday. (keyword “begins”) WE DON’T GIVE A RIP, WHAT THE NEWS MEDIA PRINTS & REPORTS “OUT THERE”…OR what anyone else says! It’s what goes on “Under the Covers”, that gets you pregnant. IF it weren’t for Pure, Blatant, Plain & Easy to See “LOGIC”…we’d ALL be Geniuses! # Our HAPPY HALLOWEEN Costume: Brother-Sister Family Combo called… “Lower Dong” & “Lower Denom”… This “Process” will BE OVER… OCTOBER: “PARTY ON THE PATIO”. AMEN!…without a Doubt…All in our Opinion…
9-29-2017 Newshound Guru G-Lin Article quote: “A coalition of state law to collect signatures to dismiss President Fuad Masum for the leadership of the leader of the coalition for the presidency of the Republic. Maliki is currently the first deputy of Masoom.” This is exactly what Maliki has been trying to accomplish for 2 years. …since Maliki controls the Supreme court through Mahmoud, it will be interesting to see how this is dealt with. It also states in the constitution that occurrence of death or impeachment, the Pres. position goes to the first deputy which is Maliki.
9-29-2017 Newshound Guru MilitiaMan Article: “Foreign Minister receives the representative of the Secretary-General of the United Nations in Iraq” Quote: “…the Representative of the Secretary-General of the United Nations in Iraq, Mr. Jan Kubic…said that…Iraq has returned to the international scene, and there is more cooperation and work required for the reconstruction of Iraq.” Well well! …This is a doozy…this is on Thursday the 28th of September 2017. Today is payday. Tomorrow is closed through Sunday. Oh wait is that a holiday again that was recently imposed? If not, it is the new beginning of the fiscal year and the beginning of reconstruction post expulsion.. A fancy way of not saying LIBERATION is in effect! Imo if the stage for Abadi to address it openly on his turf is not set, shut the frkn door! Imo wow.