Iraqi Dinar Guru opinions 2-9-18
Iraqi Dinar Guru opinions 2-9-18
2-9-2018 Intel Guru Bruce We got further confirmation that they passed their budget and voted thru and should be read into the Gazette on Saturday. Iraq has been rebuilding Iraq. They will have a Rebuild Iraq conference starting Monday hosted by Kuwait. We got thousands, about 1500 companies, to go over that conference coming to Kuwait with many countries represented starting Monday. What does Iraq need to do before this conference on Monday? They need to have their international recognized currency, their dinar, with the new international rate out. Visible and known. My inclination is since it has not occurred yet, it will occur sometime by or before Saturday or Saturday night our time…they are ready to be an international superpower.
2-9-2018 Newshound Guru Adam Montana […it’s been over 10 years plus dealing with Iraq Dinar and still we are NO closer to when Iraq will RV their currency. With that said: 1. …Iraq and CBI is making tons of money from auctions and loans from other countries and IMF. Why should they RV if they don’t have to… 2. Are we wasting our time in this investment?…] I completely disagree. You say we are “NO closer”??!! I’m not sure what you are basing that on, but I completely disagree. 1. Yes. Regarding their business model with the auctions, they will continue to make money on them after a revaluation of the currency. I see no reason to be pessimistic about it. 2. I don’t think we are wasting our time at all…
2-8-2018 Intel Guru ADMINBILL …PERHAPS THE NEW YEAR WE THOUGHT WAS SUPPOSED TO BRING US JOY ON JANUARY 1ST THIS YEAR WAS NOT THE CORRECT NEW YEAR. CELEBRATING THE NEW YEAR IN CHINA BEGINNING ON THE 16TH OF JANUARY. …IT BEGINS THE NEW YEAR IN CHINA AND IS CELEBRATED ACROSS THE COUNTRY WITH 4 OFFICIAL DAYS OFF AND MUCH CELEBRATION FOR ABOUT 3 WEEKS. …NOTHING WILL HAPPEN IN IRAQ UNTIL THEY ARE AUTHORIZED TO RELEASE… IT IS NOT IRAQ ALONE.
2-8-2018 Newshound Guru Kaperoni Article: “…Kuwait conference will bring significant economic benefits to Iraq” Quotes: “Kuwait conference is a real starting point for the start of reviving Iraq ‘s economy and rebuild the country…”; “…the participation of 2300 global conference reconstruction of Iraq, adding that more than 70 countries conference reconstruction of Iraq in Kuwait…”; “…the conference to be held between 12 and 14 February…” …it is this momentum that will raise the value of the dinar. Let’s hope this conference is a success.
2-8-2018 Newshound Guru Don961 Article: “Parliament calls on the Kuwait Conference to provide infrastructure projects instead of funds” Now there’s a good idea ! …Have the donors come in and do the projects…oversee their funds in action…and keep the cash out of the hands of those who may feel inclined to steal it or reroute it…Iraq needs help and 1000’s are willing to help…but the 1000’s want to see some actual tangible results for their money and efforts… perhaps a money-making business partnership…not another suddenly, mysteriously wealthy politician or official buying 3 homes and Lambos for all his kids…imo.
2-8-2018 Newshound Guru Adam Montana [While I believe that an RV will be simultaneous world wide is their a possibility that some restrictions may be put in place for Dinar outside the country? …I believe they still need to take back dinar that corruption has stolen and moved out of country.] The possibility of an “in country” RV is certainly there, but IMO they would be stepping on a LOT of the wrong toes if they did that, and ultimately it would prove unsuccessful for them, so I don’t see it as a serious threat. Iraq really needs the support of the global financial markets and political figures in order to have a successful RV. They have done a lot to garner that support and gain that confidence, and an in-country RV would immediately diminish their outside support… I just don’t see it happening.
2-8-2018 Guest Guru BobTheTaxMan There are a lot of great changes that have gone on in the tax world…So this whole new concept that Trump Administration has fathered and brought forth has a lot of benefits to it. You just need to understand what it is. And because it’s different, a lot of people are afraid of it. Don’t be afraid of it…cause it really is a great opportunity. Tremendous opportunity especially if you keep viewing the dinar. Somewhere down the road it is going to come to fruition. It is going to happen. These new rules and regulations for the IRS are phenomenal.
2-8-2018 Newshound Guru Kaperoni Monetary policy is not a simple thing to explain. I do not think the CBI is ready to float at this time. Mainly because the IMF does not want them to. They want them to stay pegged until they meet compliance with the IMF and can move to Article VIII. That being said, I do think the CBI wants to float once they move to Article VIII. My belief is they will pick a new floating exchange rate regime that they can use to raise the value gradually to counter inflationary pressure created by the influx of investment flowing through the Capital Account of the CBI (hopefully that will capital will begin to come into Iraq soon). This is well documented in several IMF articles discussing the transition.
2-8-2018 Newshound Guru Kaperoni Keep in mind, we all want this to start…but the reality is the CBI cannot float or for that matter do anything other than improve the banking environment at this time. Why? Because there is no upward pressure on the dinar. There is no investment in Iraq’s private sector at this time. Until there is investment, or compliance with the IMF, the CBI’s hands are sort of tied. Only after this conditions are met can the CBI consider moving to a float, ending the auctions, and have the dinar join the worlds currencies.