Iraqi Dinar Guru opinions 10-4-17
Iraqi Dinar Guru opinions 10-4-17
10-4-2017 Newshound Guru G-Lin Article: “Iraqi parliament reveals new sanctions for the Kurdistan region” Quote: “…in addition to a package of resolutions, notably the suspension of the sale of the dollar to the region, government and private banks, as well as a lawsuit against four companies.” […why suspend the sale of dollars to Kurdistan?] I’m not real sure about their thinking on this…In an art. posted a few days ago it stated that Kurdistan has 30% of the hard currency in their banks. Also the CBI said they will not stop selling the dollar in Kurdistan. So who has the final word? Independent CBI or Minister of Finance in Parl.? It seems that this move would cut Iraq’s nose off to spite it’s face. It will affect them too. Economist say this is a bad idea. As usual, we shall see how this plays out.
10-4-2017 Intel/Newshound Guru payray Article: “What’s stopping development?” Quote: “The country has large potential for further oil field development and as such more proven reserves may not have yet been discovered, but Iraq is hampered by high levels of corruption keeping it from moving forward with robust economic aganda.” …There has been much progress made in that area, and the IMF does seem to be pleased with what has been accomplished so far as well… Other countries are pleased with their progress as well, and have invested quite a bit of money into this country… They are not doing it out of the goodness of their own hearts either… There is certainly something they are expecting in return for their loans, grants, and overall investments in Iraq…
10-4-2017 Intel/Newshound Guru payray As was mentioned in an earlier article, some very important people are confident that this referendum situation will not hinder the progress being made…Business as usual is the call… In fact…this situation with the Kurds is an opportunity for Abadi to show that he can be trusted… In that despite the Kurd’s voting for independence, Baghdad wants unity, and in fact is going to pay the Kurd’s their fair share…. Their salaries are still going to be paid in a few days as was declared in an article yesterday… No reason to be discouraged folks… But encouraged by what is going on…
10-3-2017 Intel/Newshound Guru payray Article: “Three transactions in the stock market achieved ten billion dinars” I am not into the stock market, but this is certainly a positive article.. Despite the referendum, and Isis crisis, investors outside of Iraq are showing confidence in Iraq… Good stuff…
10-3-2017 Newshound Guru chattels […i have been hearing these rumors for awhile, about how basically the RV button is ready and waiting for specifically US to push the button, and that it doesnt matter if GOI is ready or not. Is it true that other nations or governments are the ones behind when there will be a RV on the dinar?] No one knows for certain. My belief is that any rate must be accepted / valued by the world economic community. So, the valuation of the IQD is not a unilateral act by Iraq. What will any country exchange their currency for ” equivalent ” dinar ? The US being the world’s reserve country, it may be very important what value the US places upon the dinar, but as to any “button”?
10-3-2017 Newshound/Intel Guru Mnt Goat Article: “RAFIDAIN ANNOUNCES THE PAYMENT OF SALARIES OF EMPLOYEES OF TWO UNIVERSITIES AND SEVERAL DEPARTMENTS ELECTRONIC PAYMENT” Everyone needs to look at this article as if the Iraqi finance committee and the CBI are beating their breast and boasting about the progress they have made in the direction of getting 100% complete electronic payments to “all” government payouts by December 2017 – pensions, salaries, retirements, etc. To me this is yet another sign that I would not even expect anything for an RV until at least very EARLY 2018 and probably in January timeframe. Am I telling you a date – NO! but based on what they are doing and time lines for other events along with the past times when we know they did tell us they tried to RV and it was postponed, we know January was their timeframe for each of these 4 past attempts. They…told us they do not expect ISIS to be completed until November (I believe ISIS will be done in a week or two at most).
10-3-2017 Newshound/Intel Guru Mnt Goat Then we know the last SBA review by the IMF is in December, then we know they need to get the remaining of the 2/3 of the older 3 zero notes out of circulation and we watch for how they are going to do this. Then we know the “full” electronic banking goes into force on January 1st. So no more large sums of notes getting recycled back into the economy once taken in by the CBI (via currency auctions). So there will be NO every day / any day RV scenario now. We will know when they are ready because they will tell us. We have also not seen the level of re-education the CBI promised had to happen prior. No guessing.) The CBI still needs to switch Kurdistan salaries over to electronic banking. This will probably be a part of the Article 140 negotiations too (or slipped in there somehow). So what does this all tell you for a possible next attempt at an RV?
10-3-2017 Intel Guru Frank26 4 THINGS ARE COMING TO A GALVANIZING COLLISION IN THIS MONTH BECAUSE IMO… ALL 4 HAVE A GREEN LIGHT! THE 4 THINGS OUTSIDE THE ROADS HAVE ALREADY BEEN ACCOMPLISHED IMO: LIFTING OF THE 3 ZEROS; E-SALARIES; ATM’S; ANNOUNCEMENT OF THE LIBERATION OF MOSUL. …those events that are still in motion are traveling along their designated paths … due to collide at any moment!
10-3-2017 Intel/Newshound Guru payray I have had no doubts about this occurring… In fact the events of last week only heightened my excitement of it occurring in the near future.. Orchestrated for what could be a number of reasons… To bring down Barzani possibly… Could he have been a hindrance to the monetary reform transpiring, and thought that this would play into his hands as the world would come to the Kurds aid with a sympathetic tone… While the Kurds want independence at some point, I believe many also want to make sure it will be done in a peaceful fashion without having to go to war… They have seen the progress being made within Iraq, and how Abadi could very well be the one who actually fulfills the agreements made between all 3 factions within Iraq… This being the Kurdish people, the Sunni’s, and Shia’s..
10-3-2017 Intel/Newshound Guru payray They continue with business as usual despite the crisis, as well as it concerns the completion of the enormous economic project in Iraq…. And I agree with the fact that this is not just going to come out at 1 to 1… But seems to be being set up to come out at a rate that will put a big smile on everyone’s face… They can afford to do it as they have touted the wealth that their country has during this past year… Show us through the increase in the currency that will come to be international in the near future…
10-3-2017 Intel Guru RayRen98 [What confidence, if any, do you have that we will be exchanging in October…? With Kurdistan populace so overwhelmingly in favor of becoming independent from GOI, is there any chance for a united Iraq?] Sure, there is a chance for a united Iraq, and more than likely that is what will happen once they settle their little issues. If the rest of the world tells them to settle those issues, they’ll have no choice. As for the rest of the October, if the banks do what they are saying, then there is a very good chance of this going in October. According to what agencies are saying, the Iraqi-Kurdish issues don’t necessary affect the revaluation of their currencies. [Do you believe This could finally be our Week…?] The information indicates this could be our week. [Any key October back wall dates?] No. It can go any day.