Iraqi Dinar Guru opinions 10-21-15
Iraqi Dinar Guru opinions 10-21-15
10-21-2015 Intel Guru Frank26 IMO – as we near closer to the new rate…Iraq is selling gold but not to the world …it is targeting someone very, very important. The CITIZENS! Gold is being sold by Dr. Shabibi to the citizens of Iraq which will bring in the last 3-zero and will introduce the lower denoms. This is also help Iraq with their reserves. The selling of GOLD will also pull USD’s off of the street! Dr. Shabibi knows exactly how many 3-zeros are out there (IMO). I have something else to tell you…Dr. Shabibi is the director of the CBI and he wanted to raise the value of the dinar back in July but he and Abadi agreed that the timing wasn’t right. Security wasn’t right. …we told you (IMO) that we wouldn’t see the RI until next year…and [Guru] Delta said the end of this year. Teams say that both of us are correct…perhaps more like the end of the year. (That’s what Dr. Shabibi wants). Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-20-15
Iraqi Dinar Guru opinions 10-20-15
10-20-2015 Intel Guru Frank26 You know that Dr. Shabibi has the green light. Do you think that Iraq is slowing down the monetary reform? No! Iraq is stepping on the gas. The bad guys that once controlled the GOICBI are gone. …the investment law was delayed, postponed…if you want to believe that…that is your business. But, deep in my heart they are waiting in a top-drawer waiting to be released when Dr. Shabibi is at the helm of the CBI. You don’t need an Investment Law unless you are EXPECTING something to happen. Investment Law is for who? Investors who want to come into Iraq. YOU are in investor in Iraq – without going into Iraq. That is why this is so important. I believe that the Investment Law may bring forth the HCL. We must see the LAWS…the LOWER DENOMS…then Dr. SHABIBI. IMO – the laws are passed they are just waiting for them to raise the value of their currency…All of the “old-timers” will remember…in the still of the night… Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-19-15
Iraqi Dinar Guru opinions 10-19-15
10-19-2015 Newshound Guru mike If I had a dollar for every article that talked about monetary and economic reform that was “just around the corner”, I wouldn’t need the dinar to increase in value, I’d be rich already. I can remember all the way back to 2012, when Shabibi attended the conference in London, that the articles and others thought Iraq was ready to initiate a change in the rate, why else would Shabibi go to London? Well, here we are, three years later and all Iraq’s done is back up, there’s been very little forward movement. What Iraq is lacking, in my opinion, is the political will to enact the great ideas that the world and many noted economists have suggested. I’m not down on the dinar, nor am I negative, I’m pragmatic about the progress of Iraq. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-18-15
Iraqi Dinar Guru opinions 10-18-15
10-18-2015 Newshound Guru Enorrste Article: “Monetary policies in Iraq and proposals for the next phase applications” We are all, or at least most of us, frustrated that the CBI has seemed to be unable to move “around the corner” leading to a rise in the value of the dinar…this article for once outlines in detail…the fact that the CBI definitely has a plan and that the plan includes, first, stabilizing the dinar rate, then second, raising the rate, and, third, eventually removing the large notes from circulation ( a clear goal of at least $1 for the dinar). Therefore, if nothing else, this article is a confirmation that the overall plan remains in place in spite of the obvious drawbacks. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-17-15
Iraqi Dinar Guru opinions 10-17-15
10-17-2015 Newshound Guru Kaperoni Article: ” The new investment law…to provide Iraq on a plate for the investor” I’m all for anything that gets the wheels of investment turning in Iraq. That is the only way the dinar goes up in value. This is huge news… Iraq has finally stepped up to the plate. The title “Iraq on a plate for the investor” is a true statement if they pass this law. With the law back to parliament, it hopefully will get passed Monday as they say. The good news is that when Abadi pulled these laws last week to make amendments, he is doing so it appears to really create momentum. Now we need some banking deposit insurance. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-16-15
Iraqi Dinar Guru opinions 10-16-15
10-16-2015 Newshound Guru Millionday I WOULD LIKE TO SAY THAT THE IMPORTANCE OF THE INTERNATIONAL INVESTMENT LAW IS THE GREATEST NEED I KNOW. THE VOTE FOR FOREIGN INVESTMENT LAW WILL BE MONDAY. THIS IS NEEDED FOR THE INTERNATIONAL LOANS/AGREEMENTS THAT WILL BE MADE FOR DEVELOPMENT. THE VOTE FOR THE INVESTMENT LAW ON MONDAY IS — HUGE — HUGE. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-15-15
Iraqi Dinar Guru opinions 10-15-15
10-15-2015 Intel/Newshound Guru tman23 “…23rd session of the first legislative term…to postpone the vote on the draft second amendment bill to the Investment Law…until after the Eid al-Adha holiday…” This Investment Law is not just needed but required for foreign investment to begin deposits in Iraq…It was a condition of the European Union… Iraq desperate for investment…WHY THE DELAY? Parliament does not understand the Federal Government delaying 50 bills that have been read 2 times…The Investment Law was read 2 times… Why not pass it and post it as law but do not implement it same as they have on tariffs… IMO The delay is 3 zeros! Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-14-15
Iraqi Dinar Guru opinions 10-14-15
10-14-2015 Newshound Guru Millionday Press report quote: “The Council of Ministers endorsed the reforms presented by Prime Minister Dr. pack. Haider al-Abadi, backed by vote of the House of Representatives unanimously” THE VOTE OF ECONOMIC REFORM LEGISLATION IN ITS ENTIRETY WAS VOTED THROUGH UNANIMOUSLY!!! THEY HAVE FOUND WAYS THROUGH THE REFORMS TO MOVE TO A MARKET ECONOMY WITH THE WORK PACKAGE WHICH SUPPORTS THE PRIVATE SECTOR AND PARTNERING WITH THE PUBLIC SECTOR — WHOOPOW! THEY HOPE THAT THEY WILL HAVE HUGE SUCCESS WITH THE REFORMS AS WAS WITNESSED IN EU DURING THEIR TRANSITION. THE REFORMS WILL HAVE A HUGE IMPACT AND FILL A LARGE PART OF 2016 BUDGET WITH THEIR SUCCESS. [What does that mean for us investors Legislation being voted thru?] THIS MEANS THAT THEY ARE PREPARED TO IMPLEMENT THE ECONOMIC REFORM PACKAGE DUE TO THE LAWS THAT NEEDED TO SUPPORT ALL THE CHANGES HAVE BEEN PASSED. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-13-15
Iraqi Dinar Guru opinions 10-13-15
10-13-2015 Newshound Guru firefly Article quote: “Iraq has halted its plan to issue international bonds because the yield it would have to pay on the debt was too high…” Who the heck would buy International Bonds at 1085…Not going to happen! The World Bank said in July it would provide Iraq with loans totaling $1.7 billion, while the International Monetary Fund agreed this year on an $833 million loan program. I would rather see the WB, IMF and UN GUIDING the Government than giving them money! IMO the loans are history. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-12-15
Iraqi Dinar Guru opinions 10-12-15
10-12-2015 Newshound Guru Millionday Article quote “…the implementation of the reform professionalism and rigor and seriousness to achieve real and meaningful results measures reflected immediately on the economy and the citizen and the future of the country…” THE PROCESS OF ECONOMIC REFORM IS VERY IMPORTANT WITH EVERY STEP FOR SUCCESS. THE STEPS OF REFORM WILL IMPACT THE CITIZENS AND COUNTRY RIGHT AWAY — THERE IS NO ROOM FOR HOLD UPS OF ANY PART OF THE PROCESS. THEY ARE ALL PREPARED AND THE COUNTRY IS IN WAITING MODE FOR THE REFORMS AND ALL THE ECONOMIC REFORMS WILL BRING… THE REFORMS BEING ACTIVATED WILL CHANGE THE ENTIRE HISTORY OF IRAQ — THEY WANT ALL OF THESE CHANGES IN HISTORY TO BE GOOD ONES. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-11-15
Iraqi Dinar Guru opinions 10-11-15
10-11-2015 Newshound Guru wmawhite IMO, not one individual item/event will give us what we are waiting on…instead, there are a series of laws, financial initiatives that are setting up the foundation that will bring the new IQD to the world stage. Here is another little tidbit…look at the list of notes and coins for the IQD on the CBI website. As you look at those notes and coins you can see into the past and into the future. Those large notes tell the story since 2003 up through today. Those smaller notes and coins are an indication of what the plans are for the IQD in the future. The only way those smaller notes and coins will be useful in the market place is when the cost of goods are low enough for the consumer and merchant is use…and the only way those goods will be reduced in price is when the IQD is significantly more valuable outside the country. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-10-15
Iraqi Dinar Guru opinions 10-10-15
10-10-2015 Newshound Guru OOTW …WE HAVE SOME INTERESTING AND VERY POTENTIALLY CORRELATING PRESS RELEASES FROM THE MINISTRY OF FINANCE SITE. I LIKE THESE ARTICLES IN CONJUNCTION WITH A PARLIAMENT PRESS RELEASE …WHEREIN IT WAS STATED THAT THE CBI IS WORKING TO ACHIEVE IMF STANDARDS IN BANKING PRACTICES AND NOW WE HAVE THESE PRESS RELEASES FROM THE MINISTRY OF FINANCE SITE AND RELATED ARTICLES…VERY VERY GOOD. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-9-15
Iraqi Dinar Guru opinions 10-9-15
10-9-2015 Intel Guru Frank26 […with all that is happening do you and your teams still think something big will happen between Oct.10-14th?] It already did…We know DRS [Dr. Shabibi] is back. And some question …Why is FRANK26 at RED…? Because DRS is BACK and he is soon to tell You he is ALSO BACK in CONTROL of THE CBI. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-8-15
Iraqi Dinar Guru opinions 10-8-15
10-8-2015 Newshound Guru Millionday Article quote: “Hamoudi received Romanian ambassador to Iraq, and pointed during the meeting that the country is heading for a secure investment climate to facilitate the work of investors and provide all potential logistical and security to them, especially after the adoption of the investment law in the near future “. NOTE — IRAQ IS HEADED FOR A SECURE INVESTMENT CLIMATE…THE SECOND AMENDMENT IS DONE WITH COMMITTEE ONCE AND FOR ALL Quote: “…deepening bilateral relations with Iraq in particular, which would contribute to strengthening economic and investment reality in the country.” AND THAT MY FRIENDS IS A GREAT IDEA — ECONOMIC REALITY — WHOOOPOWW. IMPORTANT LAWS ARE WAITING FOR ENACTMENT. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-7-15
Iraqi Dinar Guru opinions 10-7-15
10-7-2015 Newshound Guru wmawhite Article quote: “Iraq in front of a secure investment climate after the approval of amendment of the Investment Law…” This is the GOI approving an important amendment…this law has many facets to it…it is tied into the AML [Anti Money Laundering]. Quote: “The country is heading for a secure investment climate to facilitate the work of investors and provide all potential logistical and security to them, especially after the adoption of the investment law in the near future.” Iraq already has very good indications of what type of investment is waiting on the doorstep once these laws are in place. …these articles show us that outside countries are guiding Iraq through this process and because of this, the GOI, Parliament, the ISX, etc. know what type of investment is coming. […did they approve the Investment Law itself, or just an amendment?] Based upon the article…the GOI is very excited about the latest amendment to the Investment Laws which appears to be headed for a vote within the week. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi dinar currency
Iraqi Dinar Guru opinions 10-6-15
Iraqi Dinar Guru opinions 10-6-15
10-6-2015 Intel Guru Frank26 I feel very, very confident about the advancement of the monetary reform… it’s amazing how fast things are occurring at the same time. Many changes happening right now…The middle-east is freeing itself of terrorism and corruption. We have a date that we believe that we will see 3 more things – it is the date when Dr. Shabibi will be back at the helm of the CBI calling the shots. The IMF gave Dr. Shabibi the GREEN LIGHT (back in April) and in that time period Dr. Shabibi wanted to do this back in July but there was not enough SECURITY to do it. On September 16th the Finance Committee (of the GOI) came out and said they had passed laws and said that the new 50’s and 100’s would be coming out. They were ready then but the timing wasn’t right. Is the timing better now? MUCH BETTER! Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-5-15
Iraqi Dinar Guru opinions 10-5-15
10-5-2015 Intel/Newshound Guru Poppy3 …THE BANKING LAW ARE DIRECTED TO BE COMPLETED TO ALLOW SAFETY FOR SHOWING THE NEW RATE, HOWEVER WE MUST NOW LOOK AT WHERE THEY ARE AND OTHER PENDING ACTIONS THAT HAVE BEEN ANNOUNCED TO TAKE PLACE AND HAVE MISSED THE TIME THEY WERE TO BE EXECUTED. ANNOUNCEMENT HAVE BEEN MADE WHEN BONDS WOULD BE SOLD (DIDNT AND HASNT HAPPENED), THE ISX WAS TO START TRADING INTERNATIONALLY (DIDN’T AND HASN’T HAPPENED) SEVERAL OTHER THINGS HAVE BEEN PENDING FOR WEEKS AND SOME MONTHS, 9 INTERNATIONAL BANKING LAWS, HCL LAWS. SO I THINK WE ALL UNDERSTAND MANY OF THESE THING ARE TRUELY NECESSARY BUT SOME ARE MANDATORY AND SOME AREn’T TO ALLOW THE CBI TO RELEASE THE NEW RATE. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-4-15
Iraqi Dinar Guru opinions 10-4-15
10-4-2015 Newshound Guru Millionday Article quote: “Rafidain Bank announced its readiness to cover documentary remittance and emerging companies and traders who import goods from outside Iraq.” THIS IS HUGE AND IS THE BEGINNING OF A MARKET ECONOMY — TRADE — DOCUMENTARY REMITTANCE. THIS IS A HUGE STEP TO ACTIVATE THE ECONOMY WHICH GOES WITH THE PRIVATE SECTOR — INVESTORS ETC. THIS IS THE ANNOUNCEMENT THEY ARE READY — NOT PREPARING. VERY GOOD NEWS. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-3-15
Iraqi Dinar Guru opinions 10-3-15
10-3-2015 Newshound Guru Millionday Article quote: “the Second Amendment to the Iraqi investment law has been completed once and for all, after included several paragraphs…” NOTE — HAS BEEN COMPLETED ONCE AND FOR ALL — WHOOPOW. THIS IS FOR ALLOCATIONS AND DOMESTIC AND FOREIGN INVESTMENTS. SO NOW THEY WANT TO PASS IT AS FAST AS POSSIBLE…A THUMBS UP FROM UN AND A RUSH ON IMPLEMENTATION… Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 10-2-15
Iraqi Dinar Guru opinions 10-2-15
10-2-2015 Newshound Guru Aggiedad77 Article: “Parliament will vote on the Islamic Banking Act” Parliament voted in agreement on the Islamic Banking Act on Thursday…this has to be their version of “fast track”…this moved through Parliament really fast…IMO…there is something else behind this act…why would they want or feel the need and urgency to pass this act…it has to play well with their economic recovery efforts, with Abadi’s reform efforts, and with the MR…all IMO….in that direction this must then be a very positive action on their part. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
