Iraqi Dinar Guru opinions 12-9-17
Iraqi Dinar Guru opinions 12-9-17
12-9-2017 Newshound/Intel Guru Mnt Goat Article: “UPGRADING OF IRAQI CURRENCY TO POLYMER” We…know that in 2013 the CBI conducted a study to determine the best and most secure banknotes. So we know by this article they had to trash all the newer banknotes already printed by the DR Shabibi era and print newer ones. Could this be one of the holdups to the RV? We also know by an article in 2015, that they decided on a German company to print the newer polymer banknotes. …these banknotes were ready and delivered to the CBI in 2016 and in November of 2016 the CBI began selling them to the banks throughout Iraq and stockpiling them. Of course they did not just give the banks FREE money and the banks had to pay for the newer notes, thus the banks have all this capital tied up in these newer banknotes and can’t do a thing with them until allowed to.
12-9-2017 Newshound/Intel Guru Mnt Goat The banks also invested large amounts of capital in the new ATM machines and they too sit there out of use. We know the banks have been complaining to the CBI for taking so long with this redenomination process for these very reasons. But on the flip side the CBI, thru the mandated electronic banking practices, have done the banks a huge favor too since they are infusing large amounts of capital directly into the banks for meeting mandatory liquidity guidelines. The banks are going to make ton of money off this money on housing and auto loans. The banks are also assured they will manage a part of the reconstruction money once it becomes available… The bottom line is we hear all these complaints from the banking industry but the Iraqi banks are about to become FILTHY RICH!
12-9-2017 Intel/Newshound Guru tman23 “Iraqi Prime Minister Haider al-Abadi on Saturday announced that the army forces had liberated the entire country from the Islamic State (IS)” …SHOW US THE MONEY!!! “The Iraqi Prime Minister is expected to declare victory in an exclusive statement to the public later.”
12-9-2017 Intel/Newshound Guru tman23 [now we see is ISIS is/was the hold up, or if it was just more hopeful spec!] …the CBI did say no monetary reform until the GOI has control over all provinces…which is why I believe the move by Iraq troops on Kurd borders was done…quite aggressive but no resistance from Erbil…and the CBI never dropped the opening of the branches in Kurdistan…so now we shall find out what lifting 3 zeros does…
12-9-2017 Intel Guru Delta Article: “France is looking to expand investment cooperation with Iraq” Quote: “I can assure investors that the Central Bank has been able to remove the last restrictions related to the external transfer of the amounts that represent the proceeds of the investment.” VERY HUGE AND GOOD JOB…ARTICLE 8 RIGHT THERE… FREEDOM OF MOVEMENT OF CAPITOL.
12-9-2017 Newshound Guru Apmcrx Article: “Security Council issues a decision to exit Iraq from Chapter VII” Quote: “…remove Iraq from Chapter VII of the oil-for-food program and restore it to its natural status and international status…” Official announcement!!! Natural and International rate is coming!!! Imo.
12-8-2017 Intel Guru RayRen98 This should be an exciting weekend. The CBI is talking about the ‘international alliance’ and that all bank trainings are complete. Iraqi television says that the celebrations are starting up, with the first speeches to be at 2am EST for us. Also, the Iraqi television says “economic reforms coming within 24 hours.” The US banks are at an all-time high in terms of excitement; more than one source says that currency rates are blacked out because they expect a change. Tomorrow should be the day for us to determine what is going on, when, and who is going to go it. Our focus is on December 9 for the big speeches/ announcements, with celebrations for the next few days.
12-8-2017 Newshound Guru MilitiaMan Article Quotes: “The official ceremony will be held on Saturday at 11:00 am at the Al Rasheed Hotel” “The meetings of the symposiums and intellectual and research sessions will begin to discuss the future of security in the world and the role of the media in adhering to extremist ideology on Sunday” So it looks as though Saturday and or Sunday, may be good either way and it is Saturday now in Iraq.. imo
12-8-2017 Newshound/Intel Guru Mnt Goat Article: “THE CENTRAL BANK HAS ANNOUNCED A TENDER FOR THE PRINTING OF NEW BANKNOTES (SMALL CATEGORIES) AT THE INTERNATIONAL PRINTING COMPANIES.” …those that do not know that to “tender an offer” means an offer to purchase. But we know they made this offer in 2015 and so the newly printed notes were delivered and they are now telling they distributed them to the banks (in exchange for banks assets) from Nov 2016 thru Nov 2017 and this effort has now concluded. I quote from article: “HAVE BEEN DISTRIBUTED AMOUNTS given to banks during the month of November last year.” This is a WOW article. Amazing…! They are telling us they are launching these new notes to the banks now and have been loading the banks with them since last November. They even gave us the amounts they sold to the banks. Note they did not distribute any 10,000 (10K) or 25,000 (25k) three zero notes (the ones they want to delete) and this is very significant…they are slowly phasing them out.
12-8-2017 Newshound/Intel Guru Mnt Goat So what do the people then use for currency? First – they lessening the need for any currency by the implementation of the new electronic banking practices we have been reading about; Second – they are launching other notes to use as they told us in this article namely the 1,000, 500 and 250 dinar categories. Third – We know from past articles new currency will be issued in denominations of 5, 10, 25, 50, 100, and 200 dinars for banknotes and 25, 50, 100, 250, and 500 fils, plus 1 and 2 dinars for coins. The designs have been already chosen…and they are printed and minted…All of these categories, mentioned…are denominations that are in the final set of currencies that will REMAIN as permanent currency post RV. …the CBI also told us that the older 3 zero notes will coincide and be in circulation with the newer 2017 notes for up to 10 years, but these notes will be mainly for inter-banking transactions and not intended for the general public use. …if you read the history of the dinar since the invasion of 2003, you can see that the plan was never to go very long without replacing the currency and value. This is evident and proof by the 50 and 1000 banknotes and 250 and 500 fils already in circulation.