Iraqi Dinar Guru opinions 4-22-18
Iraqi Dinar Guru opinions 4-22-18
4-22-2018 Newshound/Intel Guru Frank26 …IMO Iraq just finished printing not only the small notes for their RI but also 000’s notes. “What the frank are you talking about, Frank?” Well, you see the small notes are for the RI but the extra 000’s notes are to replace the worn and torn 000 notes that have been in the market since 2003. Yes, they printed a few new series of 25K’s sometime around 2015 with the metal strips, but these notes too are old now and well used. Because the 000’s and the small notes will co-exist for many years to come, it is necessary to do what I just suggested. And thank God they are doing this with the 000’s. Why? You many not want to exchange all your dinars at the onset and if they co-exist for years to come, oh snap, you have the advantage.
4-22-2018 Newshound Guru G-Lin Article: “The Central Bank refuses to distinguish between categories of banknotes and prepares a legal violation” I think they are educating the people on currency exchange. All catagories will be accepted. It is law. The only ones that will not be accepted are counterfeit notes and the banks will be fined if they pass those.
4-22-2018 Newshound Guru Mnt Goat The FACTS are now telling us this – unless the GOI can passes the last remaining needed laws, the CBI is not going to go ahead. The CBI also has to collect more of these larger 3 zero notes and so the final push during this last stage to do so. Now having said all this, the CBI does not just go dead either while they wait for the GOI to catch up. Instead they are still pushing forward in anticipation that the GOI will complete its part very soon, hopefully even prior to the elections…
4-21-2018 Newshound Guru Kaperoni I laughed at the guru’s keep saying over and over that they could not float. The fact is that is what countries do…that is the only option, your either pegged or you float! When the CBI moves to IMF Article VIII they will have to move to a different exchange rate regime and get off the peg. that is a must to counter inflationary pressure created by the influx of capital from investors. That is also the reason why they cannot RV or RI because the appreciation of the float is a tool used to counter inflationary pressure.
4-21-2018 Newshound Guru Kaperoni …They also could never RV or RI because there is over 66 trillion Iraqi dinars in circulation that must be reduce gradually over time to reduce the money supply. They cannot reduce the money supply prior because it is necessary to keep a balance between dinars and dollars for the daily auctions to maintain the correct spread. “There is not 66 million circulating in Iraq Most of the dinars are non circulating” Sorry, if they are outside the CBI they are in circulation. And the number is 66 trillion not billion.
4-21-2018 Newshound Guru Mnt Goat …we are witnessing something ongoing that we have NEVER seen before and only hoped and prayed for all these years. This is the near end of the “PROJECT TO DELETE THE ZEROS” as we are being told in many consistent articles that the CBI is ready to move to the next step that of the reinstatement of their currency. They are ready to go and put in place all the needed reforms and processes. We could not hope for any better news. Just the fact that they are talking about the project to delete the zeros once again is music to my ears. It has been so long since we heard anything positive. Now it is here. Let’s see how it all plays out.
4-21-2018 Intel Guru Dr. Clarke The United States Cannot and Will Not afford, a glitch in the system, during the Iraq Elections. They HAVE protected & will continue to protect, their investment – Short Term & Long Term. Quietly. An RV in Iraq WILL NOT insure a Win for Abadi…because Abadi has ALREADY Won…THUS, why he has allegedly said, he’s going to delete the zero’s, IMMEDIATELY AFTER the elections, MAY 12th, 2018…which is 60 DAYS after March 12, 2018 when they publicly came out and said, the Lower Denominations of currency were being released “In the Coming Days”.
4-21-2018 Intel Guru Dr. Clarke Ramadan will Not Stop this. No Holidays will Stop this. Maliki will Not Stop this. (or any other candidate) Parliament in recess till June, will Not Stop this. Kurdistan will Not Stop this. Syrian & surrounding rebels, including Iran, will Not Stop this. Opposing Political parties within the U.S. and abroad, will Not Stop this. The Elections will Not Stop this. HAVE YOU CIRCLED SUNDAY, APRIL 29, 2018 yet? WE LIKE THIS DATE. BECAUSE, it’s 2 Days away from TUESDAY, MAY 1, 2018…12 Days Prior to the Election…bringing “MAY Flowers”….and it’s a FULL MOON. We’ve stated before in our Previous 3 POSTS: “MAY 2018”…MAGIC. Sleep Well Tonight…
4-21-2018 Newshound Guru Aggiedad77 Article: “Iraq to resume payment of compensation to Kuwait” [Is it just me or is this huge!] I’M IN AGREEMENT…IMO IT IS HUUUUGGGEEEE… SHOWS IMO…THAT IRAQ IS BELIEVED TO HAVE SOLVENCY IN THEIR FINANCIAL ARENA AGAIN SINCE THEY HAVE DEFEATED ISIS SO THEY MAY RESTART THESE PAYMENTS TO KUWAIT…THEY WERE FUNNELING A LARGE SUM OF THEIR FUNDS TO THE WAR ON TERRORISM NO DOUBT AND BY THE UN AND KW ALLOWING THEM TO POSTPONE THESE PAYMENTS IT HELPED THEM IN A TIME OF BIG TROUBLE…NOW THEY ARE SHOWING THEIR RE-COMMITMENT IN GETTING THE PAYMENTS STARTED AGAIN… ANOTHER PIECE OF THE PUZZLE FALLING INTO PLACE…ALL IMO.
4-21-2018 Newshound/Intel Guru Frank26 Alak and the CBI have been telling you – Boldly! They are ready to lift the 000’s from their exchange rate because they are ready to RI. They tell you they seek a suitable environment, but you don’t need the Hubble Telescope to see they have that already. IMF brags how safe Iraq is. WTO says its a good place to invest. USA commends Iraq on their security and stability…
4-21-2018 Newshound Guru Kaperoni …We read matter of factly the other day in a news article from Prime Minister Abadi that they expect to open the banking system or engage the banking system with the world directly after the elections so there isn’t anything more clear than that…