Iraqi Dinar Guru opinions 7-28-19
Iraqi Dinar Guru opinions 7-28-19
7-28-2019 Intel Guru Frank26 IMF SAYS IRAQ IS ARTICLE 8… Dont forget they were taken off the stand by agreement! The IMF said they have their multiple currency practice, no longer under restrictions! This is important! Today the IMF told the world “by the way..”… contractors are going ballistic…WS [Guru Walkingstick] TOLD US THEY WERE DOING THIS FOR SOMETIME THAT THEY WERE ARTICLE 8 COMPLIANT, JUST HAVE NOT TOLD US/THE WORLD FORMALLY…THE 3 ZEROS WERE LIFTED ELECTRONICALLY IN JAN… THE IMF TOLD US, NOW WE NEED IRAQ TO TELL US THEY ACCEPTED THESE AGREEMENTS, TO ADD VALUE… THERE IS NO WAITING PERIOD, JUST HAVE TO DO IT…So how long will we have to wait? There is no waiting period – none…The moment they have the strength, will and desire to do it…they will raise the value of their currency…
7-28-2019 Newshound Guru Kaperoni …Iraq has been clear of restrictions under Article XIV for some time, but still has one restriction under Article VIII they must overcome before they can officially accept Article VIII.
7-27-2019 Newshound/Intel Guru Mnt Goat Article: “REVEALED 17 CORRUPTION SUSPICIONS THAT HAVE PLAGUED IRAQ’S CENTRAL BANK OVER THE PAST YEARS” So ending this issue of corruption is not as simple as some…tell you…they say, just RV, and the auctions go away and the corruption ends. Folks it is not that simple then to get the reinstatement (thus eventually a significant rate change we want) when there are billions being stolen. The longer it goes on the longer it will take to stop it. Remember that Dr Shabibi told us in a news media interview after the fact that the CBI had an “unprecedented opportunity” in 2013 to reinstate the dinar and end all this corruption but the corrupt politicians stopped it and reprevented it. This has been the case ever since…
7-27-2019 Newshound/Intel Guru Mnt Goat So in comes Mutada Sadr who has had enough of this corruption and wants to end it. He then runs an anti-corruption campaign for elections in 2018 and wins. He makes the PM sign agreements to complete a list of the needed reforms. …These reforms are all about ending the corruption and getting the currency project to delete the zeros done. So far it has been over a year and so what has happened so far? Not much!
7-27-2019 Intel Guru Delta FROM IMF REPORT: “Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains one multiple currency practice (MCP) subject to Fund approval under Article VIII, Section 3.1″ BYE BYE ARTICLE Article XIV …WELCOME ARTICLE VIII.
7-27-2019 New Newshound Guru Vital Brad Article “The appointment of new governor of the Central Bank and a head of the Financial Control Bureau” Quote “the council decided to recommend to the House of Representatives to appoint [Ali Abdul Amir Allawi] governor of the Central Bank…” On Tuesday they did some voting and Allaq is out of the CBI governor and the new governor actually worked with Dr. Shabibi on the RI plan. So another critical piece has fallen into place. This is some of the best news we’ve seen in years. If you’ve been following you understand putting Allawi into place as the governor as much work as he has done with Shabibi in the past is a really big sign that pieces are falling into place and about to happen…
7-27-2019 Newshound/Intel Guru Frank26 …Turns out the IMF is happy now. They said look you passed the Financial Management Law, go ahead and implement it now. Change your rate. Lift your three zeros. Bring in the new monetary policy. This is very very good…This [IMF] report is exactly what we wanted to see. They didn’t tell them you gotta do this. They didn’t tell them here’s some more money…no Standby [Agreement] by extension…we wanted to share with you what they are slowly releasing…they’re transitioning from a 14 to an 8…this is my opinion. Nobody knows the date. Nobody knows the rate..
7-27-2019 Newshound Guru chattels Article: “IMF Executive Board Concludes 2019 Article IV Consultation with Iraq” Nothing we have not heard before in this recent report, IMO. Iraq continues to have substantial shortcomings in various financial arenas. A cautionary tale of real problems and possible betterment. Tune in next year.
7-27-2019 Intel Guru Frank26 IMF / CBI 19th JULY MEETING – This meeting was extremely important…Iraq is about to start the Post Monetary Program. The IMF is extremely pleased with Iraq. Implement the FML now… because the SBA is done.