Iraqi Dinar Guru opinions 10-5-17
Iraqi Dinar Guru opinions 10-5-17
10-5-2017 Newshound/Intel Guru Mnt Goat Article: “Project to reform the payroll payment mechanism employees of institutions and State departments” Quote: “The project aims to pay salaries to state employees through cards issued by banks operating in Iraq and aims to reduce the total cost of the process of paying salaries AND KEEPING CASH IN THE BANKING SYSTEM.” Folks this is not new news… But it is still wonderful and WOW news. This is the project to delete the zeros in the making and ya gotta luv it. It is exactly what we want to hear.
10-5-2017 Newshound Guru Adam Montana Former Iraqi President Talabani has passed away, and a week of mourning has been called. I don’t see anything major on the HCL for this next week, BUT… the so called “Referendum for Independence” seems to have come and gone, and is no longer an issue, which is exactly how I figured it would go. In fact, it seems things are moving even more smoothly than I anticipated! Abadi and Crew are making very positive moves towards resolving Article 140 in an amicable way, while at the same time giving the Kurds very strong reason to believe they are going to be treated fairly. This is great incentive to move on the HCL, and of course, RV! I am VERY encouraged! With that all said, I really think we’re at a point where things are moving solidly in the right direction. The question of “when?” is still on the table, as always… but it’s pretty undeniable that we’re moving!
10-5-2017 Newshound Guru Adam Montana …guess which country is popping up in the headlines more and more over the last 7 days? If you said Kuwait, *ding ding!* I’ve got a cookie for you! …although Kuwait isn’t directly saying “let’s get ready for the New Iraq”, they are certainly on board. Kuwait is a major influence in the Middle East, and a higher IQD won’t hurt them one bit. In fact, their support through that transition will only serve to make Iraq a strong ally, so it’s in their interest to support Iraq through an RV. I like what I’m seeing from Kuwait right now.
10-5-2017 Intel Guru Delta URGENT FROM IRAQI TV: PM ABADI ANNOUNCED FROM FRANCE THE LIBERATION OF CITY OF HAWIJA FROM DAASH.
10-4-2017 Intel Guru Dr. Clarke We have only ONE thing left to say: OCTOBER, OCTOBER, OCTOBER, OCTOBER, OCTOBER. That’s It.
10-4-17 Intel Guru RayRen98 If you are following the politics of Iraq, you’re probably saying, “This isn’t going to happen, it’s going to take forever…” Even PM Abadi said yesterday that the full economic reform will be completed at the end of November along with national reconciliation. Don’t believe everything you hear! All that glitters is not gold; the flip side is that not all news is bad news. Rate changes are in effect and moving ever upwards…rates being seen on the screen – live although we cannot do transactions yet, at $3.40 to $3.70, as expected… In at least two states there are visible rates on the screen, or so it has been reported to me. The banking industry…are on standby – on call – to be available at a moment’s notice. All we are waiting for the green light, for the banks to say “come on down”.
10-4-2017 Intel Guru Bruce WE ARE POSITIVE OUR RELEASE IS THIS WEEK…WE ARE IN A REALLY GOOD PLACE TO MOVE FORWARD IN RV RELEASE. IRAQ: THE PARLIAMENT OF IRAQ DID VOTE ON THINGS THAT ARE VERY VERY IMPORTANT FOR THE RELEASE OF THE DINAR RV INTERNATIONAL RATE. SOMEONE TEXTED…THAT THE RAFADAIN BANK IN IRAQ WHO HAS A 10:30 AM IRAQ TIME WED 10/4 TO EXCHANGE IN A RAFADAIN/CHASE BANK…IRAQ TIME. FOREX HAD BEEN SHUT DOWN FOR 24 HOURS–HAD BEEN STATIC FOR ABOUT A DAY–COULD MEAN THEY ARE READY TO DROP IN THE NEW RV RATES. NON-NDA INTERNATIONAL SCREEN RATES ON BACK SCREENS ARE EXTREMELY GOOD, VERY HIGH. THE PROXIMITY IS VERY CLOSE FOR THIS RV RELEASE TO US FOR OUR INTERNET GROUP EXCHANGES TO START—WE ARE POSITIVE THE RELEASE IS THIS WEEK…
10-4-2017 Newshound/Intel Guru BGG President Talabani has passed away…it’s official this time. For all of those upset about the Kurdish referendum… Fitch came out and said it’s not going to impact their credit or their economy or their functionality…the referendum doesn’t matter that much. Fitch’s exact words: “Iraq’s economy or classification will not be affected by the referendum.” I’m still very bullish on the currency as an investment…don’t see anything that points in any other direction other than that.
10-4-2017 Intel Guru ADMINBILL I AM HEARING THAT THE ACTIVITIES WE ARE LOOKING FOR MAY BEGIN UNEXPECTEDLY THIS QUARTER. I AM EXPANDING THE WINDOW TO THIS QUARTER WITH THE HOPE IT IS MUCH SOONER.
10-4-2017 Newshound Guru chattels INcreasingly my sense is that Kurdistan must make some face saving retreat from the Referendum. It may give Abadi a “victory” that he needs to prevail in the elections in 2018 and put off Maliki’s influence. We shall see. Tune in later for another episode of “Days of Our Lives in Iraq”…
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..
10-4-2017 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.