Iraqi Dinar Guru opinions 1-27-18
Iraqi Dinar Guru opinions 1-27-18
1-27-2018 Intel Guru Frank26 [Are you aware of a waiting period once citizens get rate before it goes international, i.e. kuwait took 10 days?] IMO 3 DAY…
1-27-2018 Newshound/Intel Guru Arthur …Everyone wondering what the hold up could be… GOI + HCL = RV. The Government of Iraq (GOI) needs an official Hydrocarbon Law ( HCL) in the official Gazette. Abadi has established a 5% reduction for the Kurdish region. Only now have the Kurds finally agreed to this stipulation with future secret guarantees I am not at liberty to divulge. Leading up to mid February all will start to come into focus. Just remember: HCL = Having Liqiuid Currency.
1-26-2018 Newshound/Intel Guru BGG The Amnesty Law was originally devised to cover past political affiliations that were deemed to be illegal. Whatever it is now, or believed to be now, is another story.
1-26-2018 Newshound Guru Kaperoni “TRADE AND INVESTMENT FRAMEWORK AGREEMENT BETWEEN THE GOVERNMENT OF THE UNITED STATES OF AMERICA AND THE GOVERNMENT OF THE REPUBLIC OF IRAQ CONCERNING THE DEVELOPMENT OF TRADE AND INVESTMENT RELATIONS” [This says we have a TIFA agreement with Iraq. Any thoughts?] …the agreements were made years ago, just never implimented because the Iraqi banking system is not engaged with the world, IMF Article VIII etc. …I am sure much of it was done in anticipation for currency reform under Shabibi 2012-2013.
1-26-2018 Intel Guru Frank26 [Do you think there will be a time limit to hold the 000 notes?] YES CBI SAYS FOR 2 YEARS I OPINIONATE MUCH MORE THAN THAT.
1-26-2018 Newshound/Intel Guru Mnt Goat [continued Q & A] …with my contact in the Central Bank. Q: So, are you saying then, that you anticipate using the dinar soon for paying foreign debts also? A: Yes, soon we will de-pegged from the de facto peg on the US dollar and move to a basket of global currencies for our valuation. This will allow a gradual float of the currency on the open trading markets. There are strict IMF guidelines for this effort and we are working closely with them and the World Bank to implement.
1-26-2018 Newshound/Intel Guru BGG Article: “Abadi: They are on the process of rising the Iraqi economy and create jobs” FYI – Abadi has been the best thing that’s happened to Iraq in the last 2 decades. Is he perfect? No. Are they on track? More than you know. So relax. Quote: “Abadi: “…we are in the process of raising the Iraqi economy and create(ing) jobs…” What exactly is this process he is speaking of? Does it include monetary and currency reform? I don’t see how it cannot – especially with the clear re-engagement of Iraq with the world markets. With any luck Abadi will get a lot of credit for their peace and prosperity – Maliki and Barzani will get shut out on May 12th.
1-26-2018 Intel Guru Bruce How close are we? We are very close. Before President Trump left for Davos yesterday [Wednesday] evening, he gave permission to Steven Mnuchin, the Secretary of the Treasury to release this for us to the banks prior to midnight tonight. …That means the banks will have it…to release it when they are ready. When the banks are ready. Maybe ready quickly, maybe they won’t. We will see how quickly that will manifest. I think we are at a moment to moment basis. That is where we are and I am very excited about it.