IRAQI DINAR GURU’S

Iraqi Dinar Guru opinions 5-15-15

Iraqi Dinar Guru opinions 5-15-15

5-15-2015 Newshound Guru Mailman17 WHEN IRAQ FIRST INTRODUCED THE NEW NOTES BACK IN 2003 THEY HAD 3 CATEGORIES OF COINS. 25, 50 AND 100. IF MEMORY SERVES ME THEY HAD A MAJOR THEFT OF THE 50, AND CUT THAT COIN PERIOD, OUT OF EXISTENCE, AND NOT MENTIONED IN THE LIST OF ACTUAL CURRENCY EITHER IN CIRCULATION OR NOT. LEAVING THE 25 AND 100 ON THE BOOKS BUT NOT IN CIRCULATION. BUT…THE MONEY ALLOCATED TO BACK THOSE 3 COINS AND THEIR VALUE… REPEAT…AND THEIR VALUE…WAS LEFT INTACT. DO NOT CONFUSE THE 50 DINAR COIN AND THE 50 DINAR NOTE. THEIR FUNDING IN THE M2 WAS SEPARATE. WITH THE INTRODUCTION OF THE SMALLS…1,5,10,MAYBE A 20 AND FILS…THE ONLY BACKING NEEDED IS FOR THE 20 AND DOWN…NOT EVEN PUTTING A DENT IN THE M2. WITH FUNDS ALREADY ALLOCATED FOR THE 3 NON CIRCULATED COINS, THEY WOULD HAVE NO PROBLEM EXCHANGING THAT VALUE FOR THE LITTLE 250 AND 500 STILL ON THE STREET…USABLE DAILY CURRENCY…ENTER THE 1-1. Read more…

Iraqi Dinar Guru opinions 5-14-15

Iraqi Dinar Guru opinions 5-14-15

5-14-2015 Newshound Guru Mailman17 FOR A 50 DINAR NOTE SUPPOSEDLY NOT IN SERVICE AS OF MAY 1ST, YOU WOULD THINK THE CBI WOULD UPDATE THEIR WEBSITE REGARDING SUCH A BOLD MOVE IN MONETARY POLICY. THE MANY FORUMS ON THIS INVESTMENT HAVE BOOTS INSIDE IRAQ YET NO ONE CAN PROVIDE A PICTURE OF THE NEW 50 SUPPOSEDLY REPLACING THE OLD ONE. THE OLD 50 IS STILL AN ACTIVE NOTE ACCORDING TO THE CBI WEBSITE. A 50,000 LET ALONE A 100,000 NOTE INTRODUCED AT 1166 DOES IRAQIS NO GOOD AT ALL, ESPECIALLY IF THEY WERE INTENDED TO DRAW IN THE REMAINING 250, 500, 1000 ECT. AT 1166 THAT WOULD MEAN YOU COULDNT BUY ANYTHING LESS THAN FORTY SOME ODD BUCKS UP TO 80 BUCKS PLUS, UNLESS YOU USE U.S. DOLLARS WHICH WE KNOW THEY ARE TRYING NOT TO DO. FLOATING THE PRICE AGAIN DOES NO GOOD IF YOU DONT HAVE SMALLER DENOMS IN PLAY SO.. Read more…

Iraqi Dinar Guru opinions 5-13-15

Iraqi Dinar Guru opinions 5-13-15

5-13-2015 Newshound Guru Millionday THIS IS FROM THE ISX SITE…THE REASON THIS IS INTERESTING IS THE MOST IMPORTANT WE HAVE SEEN DURING THE ENTIRE INVESTMENT. MARKET PERFORMANCE NOW HAS TWO SELECTIONS AVAILABLE ::: PRIMARY MARKET AND SECONDARY MARKET…SECONDARY MARKET IS NEW AS OF TODAY [TUESDAY]. DEFINITION of ‘Secondary Market’: “A market where investors purchase securities or assets from other investors, rather than from issuing companies themselves. The national exchanges – such as the New York Stock Exchange and the NASDAQ are secondary markets.” THE SECONDARY MARKET IS NOT ONLY NEW YORK STOCK EXCHANGE WHICH ALLOWS NEW YORK INVESTORS TO INVEST IN THE ISX BUT IT IS ALSO THE NASDAQ MARKET WHICH OF COURSE IS THE CURRENCY MARKET. THE REASON THIS EXCITES ME…IS THAT IRAQ HAS BEEN ORDERED TO DO THE INTERNATIONAL EQUATION… Read more…

Finance: Print new monetary categories in preparation for the deletion of zeros from currency

Parliamentary Finance: Print new monetary categories in preparation for the deletion of zeros from currency

13/05/2015 10:01 GMT

BAGHDAD – and babysit – said the Parliamentary Finance Committee member Masood Haider, that directed the central bank to issue and print new cash categories will be preceded by the preparation of the decision to delete the zeros of the currency.
Haider said, that “the central bank decided to print large cash classes in preparation for the application of the decision to delete the zeros of the currency in the coming period.”

He added that Read more…

Iraqi Dinar Guru opinions 5-12-15

Iraqi Dinar Guru opinions 5-12-15

5-12-2015 Intel Guru Frank26 Going forward with the monetary reform, the budget, the salaries, the private sector…everything that is in line. First of all we need an credit update…a credit rating for the banking systems in Iraq. Did Iraq get it? YES! …it is one of the first steps REQUIRED in order for a country to establish its own BONDS. Here’s the key…these BONDS are about ready to be released. The “GREEN-LIGHT” was not just to remove the 3 zeros…it was given to do the monetary reform process…basically to COMPLETE ARTICLE 8! The green light allowed them to do what they are doing finding ways that they can FULFILL their budget and explode the private sector, economy, bring in INTERNATIONAL trade. This is VERY BIG! There are TWO types of BONDS: 1- DOMESTIC BOND 2- INTERNATIONAL BOND (yeah!). These are not being sold in USD but IQD’s! Read more…

Iraqi Dinar Guru opinions 5-11-15

Iraqi Dinar Guru opinions 5-11-15

5-11-2015 Newshound Guru Millionday “The governor of the Central Bank announced before the economic and investment commission in the House of Representatives that the bank in the process of printing new securities category of 50 thousand dinars to enhance the efficiency of the payments system.” [it worries many here about the larger denoms when it should be going to lower denoms dont you think?] IT SHOULDNT — MANY COUNTRIES HAVE LARGE DENOMS IN THEIR SERIES AND THEY ARE NOT FOR DAILY USE BUT AS IRAQ HAS EXPLAINED FOR STRATEGIC REASONS THAT THEY DID NOT EXPLAIN ANY FURTHER — SO IT DOESNT WORRY ME AT ALL. LOTS OF THINGS WE HAVE BEEN WAITING ON COMING AROUND THE CORNER… Read more…

Iraqi Dinar Guru opinions 5-10-15

Iraqi Dinar Guru opinions 5-10-15

5-10-2015 Newshound Guru Enorrste My personal view is that the exchange rate regime must be the first element in the overall project. Obviously you cannot remove the large notes until the value has risen to make them too valuable to remain on the streets, and the change of the exchange rate regime is the method to get the value to begin rising. So I believe that I am on solid ground in saying that the change in the exchange rate regime is “next up” with respect to the “project” implementation. …I see entry into Article 8 and the passing of some of the laws as secondary to the actual change in the exchange rate regime. Clearly moving to Article 8 must come after the exchange rate regime change and the passing of the laws could occur either before or after the change in the regime. Read more…

Iraqi Dinar Guru opinions 5-9-15

Iraqi Dinar Guru opinions 5-9-15

5-9-2015 Newshound/Intel Guru Randy Koonce DO NOT LISTEN to the stuff calling for any in country anything…This is just an RV. What does that mean…That means that Dr Shabibi will go to a computer and change the number on the CBI computer to a number that has a 3 digit decimal and when that happens it will take about 2 min to go across the globe…That is it…nothing more… no global restructuring. We are in the same spot since Jan. 1st of this year…If you check the CBI.IQ and there is still 1166 they could turn in money, but they are not cashing in anything. DO YOU KNOW THAT THE IRAQIS DO NOT CASH IN. THEY JUST GO AND PUT IT IN THE BANK AND GET A SMALLER BILL… THE DINAR TO THEM STILL HAS THE SAME VALUE. 25000 DINAR AFTER THE RV IS STILL 25000 DINAR…NOTHING CHANGED… THAT BILL NOW BUYS MORE… THEY DO NOT CASH A BILL IN AND GET US DOLLARS…WE DO THAT. THERE IS NO GLOBAL CHANGE THAT WILL TAKE PLACE AFTER THE RV– JUST COUNTRIES THAT HAVE DINAR NOW CAN USE THE DINAR ON THEIR BALANCE SHEET. Read more…

Iraqi Dinar Guru opinions 5-8-15

Iraqi Dinar Guru opinions 5-8-15

5-8-2015 Newshound Guru Millionday THEY ARE GOING TO RELEASE THE REAL RATE FOR THE DINAR IN THE COMING PERIOD — THIS APPEARS TO BE THE INTERNATIONAL EQUATION RESULT FOR THE ACTUAL RATE FOR THE DINAR — IT SAYS NOTHING ABOUT BEING AT A FLOAT OR FIXED OR ANYTHING IN BETWEEN — JUST THAT THE REAL RATE WILL BE RELEASED. CBI INCREASED THE LIQUIDITY TO GET TO THE POINT THAT THEY CAN REMOVE THE THREE ZERO CURRENCY… ACCORDING TO…REPORT…THE REAL RATE OF THE DINAR IS GOING TO BE RELEASED IN MAY… THIS IS GREAT NEWS AND A GREAT PLACE TO BE IN. Read more…

Iraqi Dinar Guru opinions 5-7-15

Iraqi Dinar Guru opinions 5-7-15

5-7-2015 Intel/Newshound Guru Backdoc WE HEAR THE WORLD BANK CALLING FOR IRAQ TO DIVERSIFY AND ACTIVATE THEIR PRIVATE SECTOR! THEN TODAY WE SEE AN ARTICLE THAT ADMITS ACTION TAKEN BY THE CENTRAL BANK THAT WILL GRADUALLY RAISE THE VALUE OF THE DINAR. NEXT, WE HEAR THE COUNCIL OF MINISTERS SAYING THEY ARE SERIOUS ABOUT ACTIVATING THE PRIVATE SECTOR. THEN WE HEAR OF A TWO DAY HOLIDAY THAT STRETCHES INTO A 7 DAY HOLIDAY.

5-7-2015 Intel/Newshound Guru Backdoc THEN WE SEE AN ANNOUNCEMENT RELEASED BY THE CBI THAT REASSURES ALL BANKS THAT ARE PROPERLY LICENSED WILL BE ABLE TO BROKER THE EXCHANGE OF FOREIGN CURRENCY!! THEN TODAY WE SEE AN ARTICLE THAT ADMITS ACTION TAKEN BY THE CENTRAL BANK THAT WILL GRADUALLY RAISE THE VALUE OF THE DINAR. THANK YOU [GURU] TOPSHELF…I LIKE THAT 3.93 ZIP CODE…! AND ONE MORE THING THE FINANCE COMMITTEE DENIES THE GOVT. FROM PUTTING THEIR HAND IN THE COOKIE JAR AND SPENDING THEIR RESERVES! Read more…

Iraqi Dinar guru opinions 5-6-15

Iraqi Dinar guru opinions 5-6-15

5-6-2015 Newshound Guru Kaperoni Article quote: “the issuance of more than the limit established Iraqi groups will lead to the low level of the Iraqi dinar against the dollar and other currencies as well as increased financial and economic inflation in Iraq, which is already suffering a financial and economic crisis stifling.” Of course, the Iraqis are as confused as we are…and this guy is right…if they were to print (they are not) a 50,000 dinar note and release it, it would increase the money supply, cause the dinar to depreciate in value and the result would be higher inflation. Not to mention, it would not solve any issues they have pertaining to advancing the economy and banking system. As we said many times, this would be outright stupid. Since there are so many articles on this topic, we can only assume this is some creative way to notify citizens of some pending change…but we will all have to wait and watch. Read more…

Iraqi Dinar Guru opinions 5-5-15

Iraqi Dinar Guru opinions 5-5-15

5-5-2015 Intel Guru Frank26 When Abadi went to DC…he went to see various departments. Now the articles come out supporting what Abadi asked for. Now M [Maliki] seems to be in a coma? Wasn’t that one of the things Dr. S [Shabibi] asked for…[security]? M needed to be contained to secure Dr. S security. Now articles appear to support that. Dr. S goes to see a lot of Central Bank governors…bouncing from country to country…central bank to central bank because he was given the “green-light” and the security to do what he needed to do. Dr. S had an incredible meeting with a dear friend who he associated with at the IMF & WB…(Jens). Dr. S needed “bonds” asap so Jens opened the door for him. The problem is the bonds are still showing at 1166 but they are now in “position.” When Abadi went to DC he got a lot of things and a new credit rating was one of them. As you know you need a good credit rating before you can sell bonds. The rating…it’s a sovereign rating. Jens moved a lot forward… QUICKLY for Dr. S. Iraq went up to a AAA rating! That’s what needed to happen for Article 8. They can now sell the bonds because they got their credit rating jacked-up! Read more…

Iraqi Dinar Guru opinions 5-4-15

Iraqi Dinar Guru opinions 5-4-15

5-4-2015 Newshound Guru Millionday “The economic and investment commission hosted on Sunday, 05/03/2015, headed by MP Jawad al- Chairman of the Committee and the presence of Messrs members, Mr. Ali Keywords Governor of the Central Bank to discuss the monetary policy of the Bank and ways to encourage the private sector.” CBI WAS HOSTED TODAY TO DISCUSS THE MONETARY POLICY AND WAYS TO PROMOTE FOR THE COUNTRY`S PRIVATE SECTOR…THIS IS PARLIAMENT AND CBI — THIS MEETING IS SO VERY IMPORTANT BECAUSE THIS STAGE IS THE STAGE OF PROMOTION — AND THIS IS FOR THE ECONOMIC REALITY OF IRAQ — ALL ABOUT INVESTMENT AND THE PRIVATE SECTOR OF IRAQ — ALLEVIATING SUFFERING IS THE ENTIRE GOAL. THE PLAN IS ALREADY DESIGNED AND IS THE HOPE FOR IRAQ — IT IS VIEWED AS THE NEW IRAQI HOPE. THIS IS THE STAGE OF THE ACTIVATION OF THE MONETARY POLICY. HUGE NEWS AND ALSO SHOWS HUGE CONFIDENCE. Read more…

Iraqi Dinar Guru opinions 5-3-15

Iraqi Dinar Guru opinions 5-3-15

5-3-2015 Intel Guru Delta URGENT FROM IRAQIA TV: GOV OF CBI ANNOUNCED THE COMPLETION OF THE FINAL TOUCHES TO ISSUE A NEW 50 NOTE AND THEY SAID THAT WILL REDUCE THE VOLUME OF CASH IN CIRCULATION. IMO THE RATE WILL CHANGE THIS WEEK OR NEXT WEEK THE MOST BEFORE THEY ISSUE THE NEW NOTE AND IT LOOKS THE RATE WILL BE AROUND 1.16 – 1.19 DINAR PER DOLLAR ( .85 – .86). Read more…

Iraqi Dinar Guru opinions 5-2-15

Iraqi Dinar Guru opinions 5-2-15

5-2-2015 Intel Guru Delta I GOT YOU SOME INFORMATION ON HOW STANDARD AND POORS RATE SOVEREIGNS. STANDARD AND POOR’S: “Three factors also drive a sovereign’s external score, namely our view of the status of a sovereign’s currency in international transactions, the sovereign’s external liquidity, and its external indebtedness, which shows residents’ assets and liabilities relative to the rest of the world. The initial rating process typically takes four to six weeks to complete, but can run longer or shorter. This initial process begins when the contract is signed and generally ends with the publication of the rating.” IT’S VERY CLEAR THAT IRAQ NEEDS AN INTERNATIONAL RATE BEFORE THEY GET THE CREDIT RATING, ALSO THE WHOLE PROCESS COULD TAKE 4-6 WEEKS. Read more…

Iraqi Dinar Guru opinions 5-1-15

Iraqi Dinar Guru opinions 5-1-15

5-1-2015 Newshound Guru Enorrste Article quote: “The Central Bank of Iraq, said he plans to issue a new currency from the category of 50 dinars after deletion of zeros which is equivalent to $50 thousand dinars at the moment.” I am somewhat surprised that some seem to have passed over the clear statements from the CBI that the notes will be 50 and 100 dinar notes with the “current” value of 50000 and 100000 dinars. I am absolutely jubilant instead of “cautious” or “apprehensive.” Clearly we are within days or at most weeks of a change in the exchange rate regime…this is a “prerequisite” toward making the change. Some bills need to be passed but don’t necessarily have to be passed prior to the change in the regime. In any case, Parliament has said that it will take up the currency in the coming week, so I am again confident and jubilant. One final comment…: the Parliament does not have to “pass” a change or addition in currency. That right resides with the CBI alone. It is stated in the 2004 CBI institution law and also in the Constitution that the issuance of currency is within the pervue of the CBI only. Get excited, folks! This is as close as we’ve ever come. I just love the fact that KAP [GURU KAPERONI] pointed out the word “prerequisite.” That means that something else will follow this move. Yippee! Read more…

Iraqi Dinar Guru opinions 4-30-15

Iraqi Dinar Guru opinions 4-30-15

4-30-3015 Newshound Guru Kaperoni With the 50 dinar note being officially demonetized on Thursday, April 30th, we can begin to wonder if currency reform is coming soon. Several articles surfaced during the month of April indicating there is a determination to issue a 50 (50,000) and 100 (100,000) dinar notes as stated as..”a prerequisite to the deletion of zeros.” If this scenario is correct, this means the CBI is preparing for the transition. That issuing of the 100 and 50 would be the first step towards beginning to raise the exchange rate, and moving towards a currency without 3 zeros (and as stated in the articles as a “prerequisite.”…Inevitably gaining enough value to introduce even more smaller notes such as a 20, 10, 5 and 1 dinar over a period of time as the dinar rises. This scenario is what we want to happen. This would be the beginning of the restructuring of monetary policy and the dinar. This would allow us as dinar investors the greatest potential gain as Iraq’s economy prospers. Read more…

Iraqi Dinar Guru opinions 4-29-15

Iraqi Dinar Guru opinions 4-29-15

4-29-2015 Newshound Guru wmawhite The current 50 IQD notes are forever gone by at mid night tomorrow. At mid night tomorrow they do not exist…and this is where it gets good for us…three weeks ago the cbi told everbody to expect a 50 and 100 IQD note with the like value of 50,000 IQD and 100,000 IQD. How can a 50 IQD note that today is valued at $0.045 become worth $43.00…or a 100 IQD note that today would be valued at $0.09 become worth $86.00? this is what the CBI is telling the citizens of Iraq. They remove a 50 IQD note because it is not used/no security and it is not used because its value is only $0.045 but then say look for these new notes worth 1,000s of times more value. Read more…

Iraqi Dinar Guru opinions 4-28-15

Iraqi Dinar Guru opinions 4-28-15

4-28-2015 Intel Guru Frank 26 Abadi arrived in DC…it was a very quick visit with O [Obama]. In that process Abadi goes and talks to different departments and asks for certain things. Abadi asked for some money because originally the IMF turned him down. And we were all excited thinking that the IMF wouldn’t give Iraq any more money. Then 48 hours later they gave them some money. Abadi went back to Iraq and told Dr. Shabibi that they have a little extra time. Abadi gets chewed out…told that he is doing a good job BUT they told him to get something’s done…to convince Dr. Shabibi that he was given the green-light and unless Dr. S is colorblind what is wrong with him? The US wants this done before Ramadan! So Abadi goes back to Iraq…meets with Governor of CBI telling him to get this thing done that they gave them just enough to get thru April. There is a push from Abadi onto Shabibi and the CBI to get the MR [Monetary Reform] done. The CBI books cannot give you a date but the info leaking out is a rate. It appears to start out at .85 cents to about a dollar. That is a rate… The dinar is going to go International pretty soon …at a new exchange rate! Read more…

Iraqi Dinar Guru opinions 4-27-15

Iraqi Dinar Guru opinions 4-27-15

4-27-2015 Newshound Guru Millionday Article quote: “the IMF International issued the list of directives, internationally agreed upon to determine the state basket and what are the international currencies, gold and bond rate…” THIS LOOKS LIKE THEY ARE CALLING FOR RATES TO BE CALCULATED. DIRECTIVES? ISSUED THE LIST OF — DIRECTIVES–(ORDERS) TO DETERMINE — THOSE RATES — IT APPEARS…AND CBI GOV HAS CALLED FOR IN INK — THE ECONOMIC REFORM TO BE ACTIVATED…WHOOOPOW.

4-27-2015 Newshound Guru Kaperoni Article: “Economy calls for parliamentary approval of the Central Bank Law and the “removal” of the government” It seems pretty clear that the powers to be, the IMF, WB and UST are not going to let Iraq move forward with reforms until they pass a law to make sure the CBI is independent. Another law we are waiting on. A law in parliament that assures the complete independence of the CBI from the GOI. We have seen references to a law of independent bodies. I would assume that is what we want to see passed. Read more…