Iraqi Dinar Guru opinions 4-17-18
Iraqi Dinar Guru opinions 4-17-18
4-17-2018 Newshound/Intel Guru Mnt Goat Article: “THESE LAWS COULD NOT BE PASSED BY THE COUNCIL AND REMAINED STUCK” Quote: “these laws could not be passed by the Council and remained stuck with the presidency because of the proliferation of political differences between the blocks.” …this is an old article, but it gives us an idea of the magnitude of what they still have to do and the push to get it done. We all know now in retrospect that it did not get done and is moved to the next session, which is NOT until after the elections in June. …More evidence they are not going to RV until at least after the elections.
4-17-2018 Newshound Guru MilitiaMan Notice the theme of late is about instructions… As in this is how you pay people with allocations of %’s and we/they (CBI) showed everyone how to collect old money and replace with new notes that will be circulating, the new system of electronic payments, etc.. Oh the new deal between us (Bagdad) and them (Erbil) in regard to the Oil and Gas…
4-17-2018 Newshound Guru Kaperoni …articles surfaced today confirming directly after the elections they plan on opening the banking system.
4-17-2018 Newshound Guru G-Lin Article: “The Central determines the terms of the non-negotiable banknotes” I’m pretty sure this is what was addressed on the CBI site … They are probably trying to draw in that mattress money.
4-16-2018 Intel Guru Frank26 Document: “To all banks: What are the instructions and criteria for circulation and replacement of banknotes and counting and sorting mechanisms” AFTER A LONG TALK WITH [GURU] WALKINGSTICK…WE BELIEVE STRONGLY…THEY ARE INCLUDING THE 1 / 10 / 25 / ETC AS WELL…THIS DOCUMENT IS ON ALL OF THEIR CURRENCY… THIS CBI DOCUMENT ENCOMPASSES ALL THE DINAR NOTE … THE 3 000 NOTES LARGE NOTES AND THE LOWER DENOMS SMALL NOTES!!!
4-16-2018 Intel Guru RayRen98 …everything was quiet over the weekend apart from talk about the election on Iraqi television. The conflict between Kurdistan and Bagdad has been resolved. Parliament is meeting tomorrow and we hope there is a quorum. The Governor of the CBI and the Iraqi Finance Minister say they are ready for the RV, but the timing is not ideal due to corruption. The CBI also put out a call last night asking citizens to turn in their damaged currency to replace it with the new pristine currency. That will not affect us.
4-16-2018 Intel Guru RayRen98 Right now the most exciting information we have is from our own banking community from last week. …The banks are gearing up, getting ready, turning over a new leaf. Some members have been given dates of the 22nd, the 29th, or being completed by the end of the month. We have been hearing ‘by the end of the April’ and now some employees are being told ‘May 1’, and in Iraq some are saying they want to get the elections out of the way first. All we can do is to wait and plan, and be ready for whenever this pops.
4-16-2018 Newshound Guru Kaperoni The truth is nothing can happen until two things are accomplished… The first one is very simple the IMF has rules and one of the rules for a peg currency is a 3 month waiting period of compliance…And the CBI has 60 days to go… …the IMF instructions…clearly detail and outline the 2% spread and the waiting… …The second appears to be waiting until after the elections.
4-16-2018 Newshound Guru Don961 “To all banks: What are the instructions and criteria for circulation and replacement of banknotes and counting and sorting” Quote: “Banks should open windows to replace damaged and damaged banknotes to the public and hand them over to this bank and its branches, And promoting the circulation of small denomination banknotes.” …The Big’un … Getting the citz used to using those lower denominated notes … Instead of the larger ones with 3 zeroes … Weaning them off those … Getting ready for some newer, smaller size note classifications … That actually fit inside those new ATM machines … Imo.
4-16-2018 Intel Guru Delta “To all banks: What are the instructions and criteria for circulation and replacement of banknotes and counting and sorting” Quote: “And promoting the circulation of small denomination banknotes. (9-5)” FYI …SMALL NOTE IN CBI STATEMENT MEANS …250,500 …NOT THE NEW NOTE…YET…
4-16-2018 Newshound/Intel Guru Mnt Goat Two days ago the election campaigning officially started in Iraq. So NO RV for some time going forward. So we are talking not until mid to late summer. …So here are some issues that I believe could be holding up the reinstatement process: …But I want to warn everyone not to think of this as a checklist. It does not work that way since more issues can arise… 1. Corruption in Currency Auctions – politicians have FAKE banks and companies within Iraq and are making billions from the CBI on the currency exchanging…these officials have influence in the govt and don’t want to give up their nice little schemes of how to fraudulently get billions out of the CBI thru these auctions. 2. Needed Amendments to the Investment Laws – Speaker Jubouri has told us many times there are a stack of laws needing immediate attention in the last session…So this is one issue that pushed the reinstatement out until after the elections since they could not get these done on time.
4-16-2018 Newshound/Intel Guru Mnt Goat 3. Need Article 140 Referendum – they told us many times the importance of this referendum…It is more than likely also in the stack of laws awaiting now for the June session. 4. The UN and the USA stated that they needed the new Iraqi constitution “fully” implemented prior to them once again “fully” joining the global arena. …We know that HCL is done but how about Article 140? 6.  Iranian influence – Iraq must neutralize this political influence somehow. 7.  Instability that normally comes during the election timeframe. Again I am telling everyone that if this RV target did not materialize into a reinstatement by the beginning of the election process we may as well forget about the RV for some time coming…So…watch the election saga now play out and only hope that they can re-elect PM Abadi since he will quickly form his government and they can move on. This is VERY likely.