IRAQI DINAR GURU’S

Iraqi Dinar Guru opinions 8-2-15

Iraqi Dinar Guru opinions 8-2-15

8-2-2015 Newshound Guru Kaperoni We are seeing some progress…Tariffs are in effect also taxes on electric and cell phone…And the GOI gave away power today to several provinces which to me is a bigger deal. Bond sales of about 2 trillion dinar start locally, not internationally as some reported. [You still believe we wont be in the .70 or .90 range in the next year or 2?] yes…maybe a dime by early 2017…all depends on how the economy grows and if parliament passes laws…you cannot look at a currencies value as what they need. A countries currency is a result of a countries GDP, growth, investment, etc. If the investors come, it will go up. Not the other way around. If the laws pass, and the flood gates open up, investors come in, investment comes through the Capital Account of the CBI, the dinar will rise…the counter to inflationary pressure is to raise the rate of the dinar…the more pressure, the more the cbi will raise it. When and how fast is relative to that event. Read more…

Iraqi Dinar Guru opinions 8-1-15

Iraqi Dinar Guru opinions 8-1-15

8-1-2015 Newshound Guru Millionday Quote: “The head of the minister for economic affairs adviser appearance of Mohammed Saleh, Wednesday, that the application of the decision tariff will not change schedule will apply on time.” PLANS SEEM TO BE GOING FORWARD ON TIME… [SO WHAT HAPPENS IF THERE ARE TAXES AND NO RATE CHANGE?] THE COST OF LIVING NEEDS TO RAISE IN COUNTRY FOR ELECTRIC ETC — BUT THE TARRIFF NEEDS TO IMPACT PRICING FOR COMPETITION TO BE SUCCESSFUL — IMO…GREAT QUESTION… [IF these tariff and taxes start tomorrow [Saturday] without a rate, that will hurt the Iraqi citizens cause they won’t have the money to pay for the items that they need with the taxes added to it?] I BELIEVE THEY ARE FOR EXPORTS ETC — NOT LOCAL PRODUCTS AT THIS POINT. Read more…

Iraqi Dinar Guru opinions 7-31-15

Iraqi Dinar Guru opinions 7-31-15

7-31-2015 Newshound Guru Enorrste Article quotes: “…in the process of printing banknotes category 50 000 dinars to put forward in the Iraqi market early next month…” “2016 will see a new printing papers 100 000 dinars class to put on the market,” We should not expect to see the float begin prior to the issuance of the 100k notes, in my opinion. Things have, once again, slowed down. However, if the issuance of the 50K notes results in a stop to the fall of the dinar or even an approach of the street rate to the official rate, then the CBI might step up the introduction of the 100K notes to get the ball rolling faster upward in value. The big question is whether this plan will even work. If it is an even exchange only then there will be no change in the dinar value. If, on the other hand, they are able to reduce the total VALUE of the money supply through this plan then we should expect to see the dinar begin to rise in value. It is my opinion that they want to have some serious upward pressure on the dinar prior to initiating the float. If they can get locals away from dollars and into dinars then the demand for dinars will grow, putting that pressure into play. The big question is: IF. Read more…

Iraqi Dinar Guru opinions 7-30-15

Iraqi Dinar Guru opinions 7-30-15

7-30-2015 Newshound Guru tlm724 Quote: “General Administration of Customs confirmed its readiness to implement the pricing tariff law on imports through border ports of the country, to be implemented from next Saturday…” so there we have it right from the General Administration of Customs that the tariffs will begin on August 1st in full force. the question remains will they tax the people at 1166 dinars per dollar or will they increase the purchasing power of the dinar to offset the burden on the poor? there is much riding on their decisions going forward. …the US Treasury is there, the IMF is there and the UN and World Bank…big meetings going on as we speak with the US Treasury etc. I am really excited! Read more…

Iraqi Dinar guru opinions 7-29-15

Iraqi Dinar guru opinions 7-29-15

7-29-2015 Newshound Guru My Ladies Perhaps we are misleading people or using the improper verbiage or not getting our point across thoroughly…Neither [Guru] Nova or I said…anything that the Central Bank of Iraq isn’t saying. I don’t know and Nova doesn’t know if 1095 is going to be the exchange rate of the Iraqi dinar. What we said is the Central Bank of Iraq said they are selling bonds — their verbiage was “abroad” — at a rate of 1095 to 1 USD. They’re selling it in dinar. Again, this isn’t Nova and me saying these things. This is the CBI and ISX. This was formal, on their letterhead…Now, what Nova and I said is that the Central Bank of Iraq, the Government of Iraq, or anybody can’t sell bonds abroad, international, whatever word for outside the country, without having an exchange rate. Are Nova and I saying that 1095 is the new exchange rate for the Iraqi dinar? No. The reason this is happening is because the GOI has no money. The GOI is broke, and they can’t get dinar from the CBI. They have to create an event in order to raise the funds they need. The whole thing is they’ve turned the engine on, and it’s wonderful. Read more…

Iraqi Dinar Guru opinions 7-28-15

Iraqi Dinar Guru opinions 7-28-15

7-28-2015 Intel Guru Frank26 …the main thing that we have been concerned about in the IQD investment is the SECURITY in Iraq. The SECURITY that we want is growing rapidly. The Iraqi Army is kicking butt…removing ISIS…capturing cities, ground, banks, etc. The IMF watches all of this and says on their website that the IQD is 1166…but 2 days AFTER this military action…the IMF removes the rate of the IQD and puts up there…“HOLDING”. What are they holding? Not much…you know the IMF already gave Iraq the green-light. We believe that the info coming out right now is so concentrated towards the monetary reform of the IQD that it is very clear. I think the conditions are now good to raise the value of the IQD. The environment of Iraq is good for the IQD to reinstate it’s value…just like Dr. Shabibi wants. We are almost there…I don’t know WHEN…we offer no date here. You can’t raise the value of the IQD if the GOI and the CBI are fighting – and there is none! Read more…

Iraqi Dinar Guru opinions 7-27-15

Iraqi Dinar Guru opinions 7-27-15

7-27-2015 Newshound Guru Millionday Article quote: “The proposals and amendments approved by the parliamentary committees on investment law will be presented early next legislative term, to approve the legislation…” THE INVESTMENT LAW HAS BEEN ADDRESSED AND AMENDMENTS WILL NEED TO BE MADE INTO LAW AS AMENDED…IT IS LAW WITH NEEDED AMENDMENTS FOR INTERNATIONAL INVESTMENT. [Do Amendments need to go through the same process of 1st, 2nd 3rd readings?] THE REPORT STATES IT GOES FOR VOTE…IT IS ONLY 2 READS AND VOTE NOT 3. I CAN IMAGINE THIS IS NOT GOING TO BE A SLOW PROCESS AT THIS POINT. Read more…

Iraqi Dinar Guru opinions 7-26-15

Iraqi Dinar Guru opinions 7-26-15

7-26-2015 Newshound Guru Millionday Report quote: “it has become an annual plan reflects the plans or the medium and long-term strategies, which are aimed at achieving economic and social goals” THIS MASSIVE REPORT HAS BEEN EXPECTED AND HERE IT IS — WHOOPOW. THE OPERATIONAL SIDE OF THE BUDGET HAS BEEN OPENED — THIS IS ABOUT THE INVESTMENT ETC SIDE. THE GOALS ARE MASSIVE…OBVIOUSLY A VERY HARD POSITION TO BE IN. THEIR BUDGET IS NO LONGER JUST WORDS AND IS HEADED TO WORLD POWER THAT BE FOR ACTIVATION AND PLANNING. [when is this to be implemented?] THIS IS BEING DONE NOW. Read more…

Iraqi Dinar Guru opinions 7-25-15

Iraqi Dinar Guru opinions 7-25-15

7-24-2015 Newshound Guru Breitling The price of oil will go down…will that have an effect on the dinar? It could. If their revenue drops they will just drop the note count down. They are going to get that value no matter what. They are going to get to a buck seventeen ($1.17) and then they’re going to get to $3 plus…that’s on their agenda. In fact it’s a massive priority. That’s why I get so excited when I talk about it. Don’t worry about the oil prices going down…they can adjust the note count based on what the markets are. Read more…

Iraqi Dinar Guru opinions 7-24-15

Iraqi Dinar Guru opinions 7-24-15

7-24-2015 Newshound Guru sczin11 Article: “SAUDIA ARABIA PRINCE CALLS ICC TO ARREST FOR GENOCIDE-IRAQ RESPONDS” Saudi prince calls for the arrest of “Nuri al-Maliki”. THIS IS NOT SOME MP…THIS IS NOT SOME MEDIA LOOKING FOR FILLERS TO SELL PAPERS…THIS IS THE PRINCE IN SAUDIA ARABIA…THE COUNTRY THAT IS JUST COMING BACK AFTER 25 YEARS NO EMBASSY IN IRAQ. YOU THINK THIS IS A POWERFUL STATEMENT? IT APPEARS HIS DAYS MAY TRULY BE NUMBERED…THE WORLD TALKS, IRAQ WILL NOT RUN AWAY. Read more…

Iraqi Dinar Guru opinions 7-23-15

Iraqi Dinar Guru opinions 7-23-15

7-23-2015 Newshound Guru My Ladies Quote from Article from 2013: “Two Iraqi parliamentary committees monitoring fiscal policy in Iraq have held two contradictory positions on the Iraqi currency “reset” project, which would delete three zeros from the currency. There has been much debate about the project’s feasibility and the date of its implementation.” THE PEOPLE WHO OPPOSED THE RESET IN 2013 ARE THE PEOPLE THAT ARE SAYING NOW IN 2015 THE TIME IS RIGHT. IT SEEMS MALIKI BACK THEN AS [WAS?] FOR THE DELETION, AND TAMIMI AGAINST IT, SO NOW ALL THE CONCERNS HAVE BEEN ADDRESSED AND TAMIMI IS SAYING THE TIME IS NOW. SALEH WAS CONCERNED BACK THEN TOO AND EVERYONE OBVIOUSLY OUT RULED MALIKI AND NOTHING WAS DONE. SALEH IS ON THE BALL NOW… Read more…

Iraqi Dinar Guru opinions 7-22-15

Iraqi Dinar Guru opinions 7-22-15

7-22-2015 Intel/Newshound Guru tman23 What they have said in the papers before pulling the 50 note…The lower denoms are a prelude to lifting the 3 zeros from the currency… This was the exact wording… AND definition of prelude…..1. an action or event serving as an introduction to something more important… So more important then the new currency notes will be a “rate”… and I threw a dart at the board and it landed on 3.44…lol And the dart did not float towards the board. Read more…

Iraqi Dinar Guru opinions 7-21-15

Iraqi Dinar Guru opinions 7-21-15

7-21-2015 Newshound Guru tlm724 Article quote: “Naim Khudair, director general of the Anti-Money Laundering Office at the Central Bank of Iraq, said the government had pledged to pass new legislation for anti-money laundering and terrorism financing by October 2015” thats right from the CBI, by October! Article quote: “The new law will facilitate the entry of big companies into Iraq and increase their confidence in the country’s economic environment…” Central Bank Governor Ali Al Allaq said the new law would help reassure foreign investors. Read more…

Iraqi Dinar Guru opinions 7-20-15

Iraqi Dinar Guru opinions 7-20-15

7-20-2015 Newshound Guru Millionday THE OIL LAW IS HUGE IN A COUNTRY PRODUCING OIL AT THE LEVEL THEY DO IN IRAQ BUT — TO SAY THE MONETARY POLICY CANT MOVE FORWARD BEFORE THE HCL IS DONE OR AFTER IS INFORMATION NO ONE HAS — AT THIS POINT THEY HAVE THE 2011 — SO IT MAY EVEN BE RELIANT ON ISSUES RESOLVED IN THE OIL AGREEMENT — TO KNOW WHICH IS TO BE ACTIVATED FIRST CANT BE DONE BUT — THEY ANNOUNCED THEY WOULD USE THE OIL AGREEMENT WHILE THEY FINISH THE HCL — THAT WAS INTERESTING TO ME TO STATE. [no hcl no rv correct?] NO NOT CORRECT…THE HCL DOES NOT DEFINE IF THE MONETARY POLICY IS RELEASED OR NOT — THE PLAN ITSELF WILL DO THAT — MEANING THE PLAN FOR REFORMS. Read more…

Iraqi Dinar Guru opinions 7-19-15

Iraqi Dinar Guru opinions 7-19-15

7-19-2015 Newshound Guru Millionday [WITH THE VALUE OF THE OIL AND THE OTHER COMMODITIES, HOW CAN THEY HAVE A LOW VALUE WHEN THE ENTIRE WORLD KNOWS THE VALUE AT CURRENT IS SIGNIFICANTLY UNDERVALUED, WOULD THE IMF ALLOW THAT TO HAPPEN?] I DONT SEE THE COUNTRY OPENING UP TO THE WORLD MARKET WITHOUT TARIFF AND CUSTOMS ACTIVATED — I WOULD SAY IT IS HUGE TO CALCULATE THE DINAR FOR IRAQ TO COME OUT IN VALUE AND CONFIDENCE TO THE WORLD — I WOULD THINK THAT MANY WOULD NOT ALLOW IT NOT TO BE DONE — WTO–WORLD MARKETS–SHARE HOLDERS-IMF–WORLD BANK–THE ISLAMIC BUSINESS COUNCILS — ETC ETC. Read more…

Iraqi Dinar Guru opinions 7-18-15

Iraqi Dinar Guru opinions 7-18-15

7-18-2015 Newshound Guru Millionday [what is eid?] EID IS THE HOLIDAY THAT IS THE END OF RAMADAN — IT RUNS TO THE 20TH AND IN SOME AREAS TO THE 21ST. IRAQ HAS STATED THAT SO MUCH IS HAPPENING AT THE END IT IS HUGE MOVEMENT IF THEY GO FORWARD WITH THE HUGE LIST THAT WOULD INCLUDE DUE TO THE WAY IT ALL FITS TOGETHER — IT INCLUDES AMONG OTHER THINGS THE IMPORTANT LAWS — THE TARIFF AND CUSTOMS – THE REFORMS — THE INVESTMENT LAWS — BANKING — BONDS — CONTRACTS ETC. ETC. Read more…

Iraqi Dinar Guru opinions 7-17-15

Iraqi Dinar Guru opinions 7-17-15

7-17-2015 Intel Guru Frank26 [Turki last week…now this economic counselor to Abadi this week. Only thing missing is the date! “there is no benefit of the Iraqi economy to uphold at the official current exchange rate set by the Central Bank (US $ 1 = 1166 Dinar ) We must move to a higher level reduces the negative effects of hyperbole price of the dinar exchange and creates positive effects”] He is a COUNSELOR…Not a puny ADVISOR. OHHHHHHHHH SOOOOOOOOOOOO SCRUMPTIOUS!!! Read more…

Iraqi Dinar Guru opinions 7-16-15

Iraqi Dinar Guru opinions 7-16-15

7-16-2015 Newshound Guru OOTW RIGHT NOW, THEY KURDS (RIGHTFULLY SO) ARE FLEXING THEIR MUSCLE AGAIN TRYING TO GET THE OIL AND GAS DEAL PASSED SO THEY CAN OFFICIALLY DISTRIBUTE WEALTH. THEY’RE GOING TO DO THEIR BEST TO FALL TO EVERY LAW THEY CAN TO SUPPORT THEM. ALSO THEY’RE QUITE UPSET WITH THE FACT THAT THE FEDERAL COURT ACT HASN’T PASSED AND THEY ARE NOT HAPPY THAT MASSUM (PRESIDENT OF IRAQ) HAS TURNED OVER AUTHORITY TO JOBOUR (PRESIDENT OF PARLIAMENT) TO PASS LAWS. AT THIS POINT, I’M HOLDING WITH WHAT MASSUM HAS SAID HE’S GOING TO GIVE JOBOURI THE POWER TO GET THE LAWS PASSED AS HE SEES FIT. Read more…

Iraqi Dinar Guru opinions 7-15-15

Iraqi Dinar Guru opinions 7-15-15

7-15-2015 Intel Guru Delta The credit rating of Iraq has NOT been announced yet. Probably nothing will happen this week…but as soon as everyone comes back from holiday (EID)…that’s what we’re watching. We’re also watching the loans given to Iraq from the World Bank. The bonds are probably going to be issued by the end of this month…we’re just waiting for the credit rating. They have to be Article 8 compliant…currency internationally traded…remember the list of nations that are issuing bonds… Iraq is on that list. A lot of good news is coming out of Iraq. Read more…

Iraqi Dinar Guru opinions 7-14-15

Iraqi Dinar Guru opinions 7-14-15

7-14-2015 Newshound Guru Enorrste Article quote: “The fiscal and monetary authorities in Iraq now that is seriously considering (and bravely) adjust the exchange rate of the Iraqi dinar and including in line with the real price for the operation of the economy and the productive sectors, we know that it will be at the expense of all of our dreams strongly Iraqi dinar.” We have seen ample evidence over the last months that the CBI has been making preparations that will lead to a strengthening of the Iraqi economy and the raising of the value of the dinar. On the other hand, we have NEVER heard from anyone that there might be a plan to lower the official value of the dinar.

7-14-2015 Newshound Guru Enorrste Therefore, I conclude that Turki is simply stating what we all know: that the CBI is planning to raise the value of the dinar and that it is taking an act of bravery to do so, given the current financial crisis…Article quote: “we know that it will be at the expense of all of our dreams strongly Iraqi dinar, which was worth US $ 3.33 and 2.4 pounds, and became in 1979…” Turki goes further, by referring to the “goal” of $3.33 per dinar that existed in 1979. In other words, he is referencing the “plan” that has existed since 2007 to return the dinar to its original value of $3.33 per dinar. Read more…