Iraqi Dinar Guru opinions 1-24-18
Iraqi Dinar Guru opinions 1-24-18
1-24-2018 Newshound/Intel Guru Mnt Goat Article: “CENTRAL BANK THE ADEQUACY OF THE IRAQI RESERVE FINANCIAL REACHED 160% ACCORDING TO THE STANDARDS SET BY THE INTERNATIONAL MONETARY FUND” Quote: “The joint financial reform program with the IMF aims to improve financial management and fiscal discipline by controlling expenditures and increasing revenues, AND WE ARE KEEN TO IMPLEMENT REFORMS IN ALL OUR INSTITUTIONS AND MINISTRIES,” AL-AALAK TOLD A NEWS CONFERENCE IN NAJAF.” This is the CBI so I would guess he is talking about banking and currency reforms? …the CBI reserves might have an impact on when they would RV. In other words in past attempts the reserves were high and now they are at levels just as high.
1-24-2018 Newshound Guru G-Lin Article quote: “Prime Minister Haider al-Abadi has announced his intention to pursue the corrupt in the country after the expulsion of an organization calling for the end of last year, but the campaign is facing severe criticism.” This pretty much tells us what we expected. Protection of the corruption for the wicked. And it seems Abadi is outnumbered. Time will time. This is NOT an example of a Democracy. I have been watching this develop ever since they amended the Amnesty Law. It doesn’t surprise me. However, regardless of the political developments we still continue to see economic reform.
1-24-2018 Intel Guru Bruce When are they going to show publicly the value of their dinar either on their website or some other way? CBI site is probably where people would think it would have to be or just plain out and be on the Forex. I don’t think the Forex will come out until the public at large, not just us, is ready to begin exchanging. What is showing on the new Qi cards in Iraq, these are for Iraqi citizens or dual citizens if you happen to be one, there is an in-country Iraqi dinar rate already on that card as of yesterday [Monday]. We saw it…It is over $4 and it is a good rate for in-country Iraq. There is also the Iraqi dinar and the other currencies…on back screens at the bank, not the front teller screens but back screens. All the currencies were live yesterday [Monday] and showing real rates. Not tiny little rates, but real rates. I think that is a good indicator.
1-24-2018 Intel Guru Bruce There are some new Iraqi bonds that will be offered for sale to the Iraqi citizenry at 8:30 in the morning Baghdad time tomorrow [Wednesday]. That is half past midnight tonight EST. What is significant about that? To have a bond that is to be available or open for purchase tomorrow for Iraqi citizens you have to have a rate tied to it. Those same bonds are being traded tonight [Tuesday]. We have people doing that. There is a rate tied to those bonds already. That is amazing. That is another good indicator. That would be essentially another in-country rate, and higher than it was yesterday. It is indicating that things are happening there that we are very close. We don’t know the when, the day or hour exactly, but we have heard bankers talk about this week and we have heard others talk about before the end of the month. I think we are in a good place to get started.
1-23-2019 Intel Guru Sergio …I truly believe in this investment and…I do feel that things are showing progress in a direction that we are looking to increase our holdings. …there are companies investing in Iraq with reruns as hi as 17% …
1-23-2018 Newshound/Intel Guru Mnt Goat …we know the 2018 elections are forthcoming, probably in May. These always impact the political situation and so I believe this year will be no different. We are also still waiting to see Article 140 law in parliament and to get this law passed and enacted. This is a huge contention for the KRG. I feel this would resolve a lot of the conflict with GOI. It could solve much of their differences. Could the USA reject the argument that Iraq is ready to re-instate their currency because of this Article 140 issue? Well…I know the US govt agreed already to let the RV go almost three weeks ago.
1-23-2018 Newshound Guru G-Lin Article: “War: parliamentarians ‘ Union Act new authority to defend the House budget will cost burden” Quote: “Tariq Harb, jurist count Tuesday, approving House Parliamentarians Union law as creating new power system supervision and its mission to defend the rights of Parliament, while noting that the law governing Council members through subsequent parliamentary sessions, assured it would cost almoazanh New burdens.” This looks like that protection law for the evil doers. I think it may give them permanent immunity. However, this may not effect ICC. Not sure. I wouldn’t think there would be any protection from International Courts. BTW Tariq Harb is Maliki’s personal legal council.
1-23-2018 Newshound Guru Aggiedad77 NEWS ARTICLES…NEWS PICTURES…PHOTOS OF CURRENCY…NATIONAL BONDS…THE CBI IS LEAKING AGAIN…IMO…JUST A MATTER OF TIME BEFORE THEY TRIP UP AND RELEASE THE ARTICLES WE SEEK…ARE THEY FLOATING SOMEWHERE TO BE FOUND…