Iraqi Dinar Guru opinions 10-31-17
Iraqi Dinar Guru opinions 10-31-17
10-31-2017 Intel Guru RayRen98 [Dinar rate…was the $3.71 in your update. It’s been hovering around that number in your previous updates – do you think that’s what it will be, or close?] Yes, although recent hints speak of it being a little higher, possibly.
10-31-2017 Newshound/Intel Guru Mnt Goat Here is an interview with prime minister Abadi of Iraq. Abadi covers some very interesting topics, all of which we are concerned about the re-building their economy, POLITICAL STABILITY and SECURITY. He comes right out and tells us what are the issues still pending. He talks about the impact of ISIS and Daesh and the Kurdish referendum. He talks about the current problems and direction of Iraq. Remember I said that when we are trying to figure out a timeframe for the RV, it is not the rate of the dinar that we should be so concerned about…But rather the VALUE of the currency based on the economics and status of the region. The new rate (whatever it will be) will be a direct result of this increase in VALUE. So just remember there is still work to be done…
10-30-2017 Newshound/Intel Guru Mnt Goat Article: “The Central Bank of Iraq (CBI) has directed all Iraqi banks to adopt user protection standards approved by SWIFT before the end of 2017.” This article is great but does everyone truly understand the impact of this news. To understand you must know what SWIFT is. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardized and reliable environment. …Business Identifier Codes (BICs, previously Bank Identifier Codes) are popularly known as “SWIFT codes”. The majority of international interbank messages use the SWIFT network. The key to SWIFT is and I quote – “The majority of international interbank messages use the SWIFT network”.
10-30-2017 Intel Guru RayRen98 There was so much information coming out over the weekend! On late Sunday night, there were reports on the Erbil crisis, and that supposedly ended yesterday (29. October) due to civil agreements. That is from military sources, and it’s not official yet. The Law of Oil and Gas will end the Kurdish crisis when they finally come to agreement with it – and supposedly they have agreed. Those are the updates, and the progress they may have with what we are looking for. As I understand it, the HCL stuff and full liberation are the only things remaining, so we’ll see how they go.
10-30-2017 Intel Guru Delta Article: “Rafidain calls its branches to encourage citizens to deposit their money with the bank” CITIZENS URGES RAFIDIAN BANK TO INCREASE THE VALUE OF IRAQI DINAR FIRST!!! lol
10-30-2017 Newshound Guru MilitiaMan Article: “During his chairing a meeting of the Committee of Diwani Order No. (54) for the year 2017″ Quote: “The Administrative Agent stresses the importance of completing the work of the Reform Committee and addressing the indicators of the assessment of Iraq in the annual report 2017…” This is valuation, assessment, it is in ones best interest to be paying attention to it..
10-30-2017 Newshound/Intel Guru Mnt Goat …they can’t significantly increase the value of the dinar until there is a positive demand for it, thus the “value” of it must increase. The rate will just change accordingly. Remember the dinar RATE and VALUE and two different entities. …many will tell you the VALUE is the assets in the ground and they would be partially correct. Yes – these assets do matter but they are not the sole determining factor to the VALUE of a currency. Much of the VALUE comes from a level of speculation, perception and tradability. Remember what currency really is. It is a piece of paper that is a placeholder for the goods and services rendered. Instead of paying the like valued goods and services or gold, you pay in currency, which must be as VALUED as the goods and services rendered. So does the Iraqi dinar now fit this definition of currency? No- and that is why they must change the perception first.
10-30-2017 Newshound/Intel Guru Mnt Goat There is no GCR! …There is only ONE (1) one…currency we know for certainty that will increase substantially in value shortly. This is the Iraqi dinar. I base this on the FACTS and I believe they are building up yet more evidence today that they are heading for a window timeframe of EARLY January 2018. I can assure you there are still items to correct and fix (work to be done) prior an RV. So relax. It is coming shortly, but just not today or this week.