Iraqi Dinar Guru opinions 12-27-14
Iraqi Dinar Guru opinions 12-27-14
12-27-2014 Newshound Guru Millionday TODAY THE BUDGET WAS PRINTED IN THE PARLIAMENT WEB SITE FOR THEIR PUBLIC TO SEE…IT IS PRINTED AND IT IS CALLED LAW — SEEMS AS IT COULD NOT BE CALLED LAW IF IT WERE NOT VOTED THROUGH AND THE PICTURE OF THE BUDGET MEETING SHOWS HANDS IN THE AIR SO WE SHALL SEE. [about that budget arent those pretty large numbers…sending the kurds over a trillion a month?] ALL NUMBERS ARE LARGE AT THIS POINT SO I AM NOT WORRIED AT ALL ABOUT THAT BECAUSE IF THEY CHANGE IT WILL BE DONE ALL THROUGH DATA ENTRY. IT BEGINS IN 2015 WHICH IS COMING SOON. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru, Iraqi Dinar
Iraqi Dinar Guru opinions 12-26-14
Iraqi Dinar Guru opinions 12-26-14
12-26-2014 Newshound Guru Millionday …NOW THIS IS SOMETHING WE HAVE NOT SEEN….Said in a parliamentary finance committee member, said that “the rest of the oil-producing provinces dues amounts of petro-dollar exchange rate will be after the approval of the federal budget for 2015”. NOTE — THE AMOUNT OF THE EXCHANGE RATE WILL BE AFTER THE BUDGET SO OBVIOUSLY IT HAS TO DO WITH BUDGET FOR THIS YEAR. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru, Iraqi Dinar
Iraqi Dinar Guru opinions 12-25-14
Iraqi Dinar Guru opinions 12-25-14
12-25-2014 Newshound Guru Adam Montana [Is the possibility of Shabibi coming back as the Central Bank Governor good or bad for our investment?] Shabs is a VERY smart man, and was very good at his job. If he were to come back to that position, the new GOI under Abadi is a different animal than what Shabibi had before. I don’t think Shabibi was the reason for Iraq not RVing – if anything, he was held back by Maliki. That is no longer the case, and I feel like Shabibi could be a major asset to an RV…. so I’m going to say his return would be a good thing for us, but his return is by no means necessary for progress. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru, Iraqi Dinar
Iraqi Dinar Guru opinions 12-24-14
Iraqi Dinar Guru opinions 12-24-14
12-24-2014 Newshound Guru Millionday THE BUDGET IS TO BE VOTED THROUGH ON THE SPOT ON – THURSDAY – MERRY CHRISTMAS! [if the budget is done thurs does that mean fri is our day?] NO — IT MEANS THAT THE BUDGET WILL BE DONE AND IRAQ WILL BE READY FOR MONEY TO BE DISBURSED TO ALL PROVINCES FOR CONTRACTS…NO ONE KNOWS THE DATE OR THE RATE. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru, Iraqi Dinar
Iraqi Dinar Guru opinions 12-23-14
Iraqi Dinar Guru opinions 12-23-14
12-23-2014 Newshound/Intel Guru Eagle1 You know how we have heard WF [Wells Fargo] put out that they were not involved with this…put out this noise to the public… And they have clamped down on personal bankers and anyone working in the banking system that tried to talk about it…Today [Monday] I have from two separate sources within WF that they will be announcing officially “tomorrow” a reversal of that status! The fact that WF is going to reverse that status, they’re also indicating that this thing is ” imminent” and they’re preparing their people for it…They’ve taken some steps today that I am not at liberty to talk about that only magnify the significance of that change. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru, Iraqi Dinar
Iraqi Dinar Guru opinions 12-22-14
Iraqi Dinar Guru opinions 12-22-14
12-22-2014 Newshound Guru sczin11 Press Release: “Iraqi judiciary decided, on Monday, the release of the former Central Bank Governor Sinan al-Shabibi and acquitted of the charges against him, as well as the release of the former Minister of Communications Mohammed Allawi.” Dr. Shabibi IS FREE! This IS THE BEST OCCURRENCE IN RELATION TO THE CBI RELEASING A TRUE VALUE TO THEIR CURRENCY, I HAVE SEEN SINCE THE DOCTOR WAS RELIEVED OF HIS DUTIES AS GOVERNOR OF THE CBI SEVERAL YEARS AGO. it was HIS PLAN INITIALLY, HE HAS THE SMARTS! HE IS THE CONNECTION IRAQ HAS TO IMF! HE KNOWS ECONOMICS…HE WILL BE THE TRIGGER! IMHO. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru, Iraqi Dinar
Iraqi Dinar Guru opinions 12-21-14
Iraqi Dinar Guru opinions 12-21-14
12-21-2014 Newshound Guru Millionday LET ME SAY SOMETHING… ABOUT THE RATES…THERE ARE RULES AND COMPLIANCE WITH THEM…IF THEY COME OUT AT A MANAGED FLOAT THEY ARE NOT ABLE TO MOVE MORE THAN 2% IN EITHER DIRECTION. THE PRICE OF THEIR CURRENCY IS AS A PRODUCT. IT HAS TO BE PRICED FAIRLY AND SOLD HONESTLY. A MANAGED FLOAT WOULD MAKE MORE SENSE WITH ENTRY TO THE GLOBE AS THEY ARE AND THE ENTRY TO THE GLOBE WILL BE AT A RATE OF VALUE THAT IS NOT IMPOSED BUT WILL BE A REALITY RATE…HOWEVER DUE TO THE MASSIVE CONTRACTS — I CANT IMAGINE NOT HAVING IT AT A MANAGED FLOAT MEANING HELD BY 2% IN EITHER DIRECTION. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru, Iraqi Dinar
Iraqi Dinar Guru opinions 12-20-14
Iraqi Dinar Guru opinions 12-20-14
12-20-2014 Newshound Guru Millionday THEY ARE NOW MOVING THE REALITY OF THE IRAQI DEVELOPMENT AND MOVING ALONG WITH ALL IN THE WAY OF IT BEING DEPENDENT OF ALL IN ITS DEVELOPMENT — THIS IS MEANING THE ACTUAL LEGISLATION FOR THE ECONOMIC REFORM FOR IRAQ AND ITS ADVANCEMENT…THIS IS MAJOR. [ i feel like we’ve heard this before, is this majorly different now?] THEY ARE IN A COMPLETE DIFFERENT POSITION THEN THEY HAVE EVER BEEN — WITH THE APPROVAL OF THE UN FOR THE KUWAIT DEBT CHANGE AND THE MANY REFORMS READY TO GO. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru, Iraqi Dinar
Iraqi Dinar Guru opinions 12-19-14
Iraqi Dinar Guru opinions 12-19-14
12-19-2014 Newshound Guru Enorrste …the street rate and official rate must be within 2% of each other PRIOR to allowing Iraq to move from Article XIV to Article VIII. This is a fundamental pre-requisite to making that move to Article VIII… The fact that the CBI concurs that it is doing what is necessary to get into compliance is also very encouraging. To me this is an indication that we are “coming down to the wire.” I do not believe they will be allowed to move to Article VIII prior to completing the 90 days of stable currency. Having said that, however, I still hold out the very real possibility that they will begin the float prior to moving to Article VIII. This only makes sense, because, as I noted earlier, once they float the currency then the official rate and the street rate become identical. I am cautiously hopeful that the float could begin in mid or late January. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru, Iraqi Dinar
Iraqi Dinar Guru opinions 12-18-14
Iraqi Dinar Guru opinions 12-18-14
12-18-2014 Newshound Guru Mailman17 FIRST OFF…THE CBI HAS NEVER DONE ANYTHING LIKE WHAT WE ARE SEEING DONE WITH IRAQ. IMO…THE 2% RULE IS ONLY A GUIDELINE AND NOTHING MORE. IRAQ HAS ALREADY PROVED FOR YEARS THEY CAN MAINTAIN A STABLE RATE WHILE KEEPING INFLATION IN CHECK. AND THAT IS THE ONLY THING THE IMF WAS WORRIED ABOUT. THIS KIND OF RV AND WEALTH TRANSFERENCE HAS NEVER HAPPENED IN HISTORY, SO THE 2% RULES MEANS NOTHING IMO. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru, Iraqi Dinar
Iraqi Dinar Guru opinions 12-16-14
Iraqi Dinar Guru opinions 12-16-14
12-16-2014 Newshound Guru Millionday WHEN THE BUDGET IS DONE AND SENT TO PARLIAMENT THEY PLAN ON HAVING A ECONOMIC REFORM MEETING WITH MANY EXPERTS AND OFFICIALS — HUGE NEWS. THE PREVIOUS GOV HAD A JOB TO DO AND THAT WAS TO HAVE THIS BUDGET READY MUCH SOONER — THIS IS CAUSING PROBLEMS AND THEY HAVE HAD TO ADJUST ANYWAY — SO THEY WILL BE DISCUSSING THE MANY INVESTORS AND ALSO THE CHANGES PROMISED AS THEY APPLY THEM FOR THE COUNTRY — THIS HAS BEEN PROMISED BY THE END OF THE YEAR…IRAQ IS ON THE VERGE OF AN IMPORTANT AND STRONG ECONOMIC SITUATION. WE ARE AND THE CITIZENS WILL BE SEEING MANY ANNOUNCEMENTS TO DO WITH THE CHANGE COMING AS IT HAPPENS. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru, Iraqi Dinar
Iraqi Dinar Guru opinions 12-15-14
Iraqi Dinar Guru opinions 12-15-14
12-15-2014 Intel/Newshound Guru Poppy3 i have never wavered from my research and what the powers that be have stated the rate that was approved and even though they have had many new meetings with the imf not one cbi or imf official has ever stated a different rate. In oct 2010 the IMF web site stated they had approved a new rate on DINAR of $3.22 plus up to 20% more for inflation since the war started. That means up to $3.86 at the highest. Dr Shabibi whom never lied to us about anything stated they wanted to have a median flat rate they can manage for 24 to 36 months while they further grow their economy before going to a float.
12-15-2014 Newshound Guru sczin11 [From what I’ve read, the 2% relates to the spread in any 90 day period within a managed float. It has nothing to do with what the initial rate is.] B I N G O! AND THE IMF DOCS I HAVE READ, HUNDREDS OF PAGES, CLEARLY STATE IRAQ SHOULD COME BACK WITH THEIR PRE SADAAM RATE OF $3.22, AND POSSIBLE COST OF LIVING ADJUSTMENT OF 20% INCREASE/HIGHER… AND OTHER REPORTS AND ARTICLES CLEARLY STATE THEY SHOULD BE CLOSE TO KUWAIT IF NOT A LITTLE HIGHER, AS THEY SHARE A PIPELINE AND HAVE TO BE BROTHERLY COUNTRIES. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 12-14-14
Iraqi Dinar Guru opinions 12-14-14
12-14-2014 Intel/Newshound Guru Backdoc THE TIME APPEARS RIPE FOR IRAQ TO LAUNCH THEIR ECONOMIC SECTOR! THEY NEED TO DIVERSIFY AND DO IT QUICKLY IN A FALLING REVENUE ENVIRONMENT! AGAIN, THE CHANGE IN SECURITY IN BAGDAD IS MORE THAN INTERESTING AS WELL AS THE MILITARY GAINS IRAQ HAS RECENTLY MADE! HOW LONG CAN IRAQ WAIT IN THIS ENVIRONMENT? NOT LONG! SEEING ARTICLES OF POTENTIAL BANKRUPTCY MAY ALSO HELP SCARE SOME TO SELL OUT OF THEIR CURRENCY HELPING TO DROP THE NOTE COUNT EVEN FURTHER! …WHEN THINGS LOOK THE WORST THEY ARE THE BEST!! IT’S TIME FOR IRAQ TO TAKE ITS’ DONOR STATUS TO THE DOLLAR AS THE LONELIEST CURRENCY IN THE WORLD! #1 IS THE LONELIEST NUMBER! Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 12-13-14
Iraqi Dinar Guru opinions 12-13-14
12-13-2014 Newshound Guru Millionday THE RAFIDAIN BANK IS READY TO ACTIVATE THE ATMS IN BANKS AND THROUGHOUT IF THE PROGRAM OF THE REMOVAL OF THE THREE ZEROS GOES FORWARD OR SHOULD WE SAY AS SOON AS IT DOES. THIS MEANS THEY ARE SET FOR SMALL DENOMS OF COURSE AS WE KNEW FROM PAST REPORTS. THE LAWS LEFT ARE THE LAW OF PARTIES, HCL, AMNESTY, AND FEDERAL COURT. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 12-12-14
Iraqi Dinar Guru opinions 12-12-14
12-12-2014 Intel/Newshound Guru tman23 The Kurds speak of independence…the Kurds speak of not using IQD because of the 3 zeros…Every MAJOR foreign country and investor (even Kuwait) are going into the Kurd region FIRST for investments…So riddle this…How does this fair for the CBI and lost revenue if everyone in Kurdistan is floating around Euro and USD…What does that do for the CBI …the market rate…? I guess they will need to depend on Basra…Then the threat of ISIS announcing their own coins to circulate…what if those coins have more value then the CBI $$$…and people start to accept them because they are gold and silver…The CBI is in a tough spot…Best make your currency desirable with value…AND QUICK !! Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 12-11-14
Iraqi Dinar Guru opinions 12-11-14
12-11-2014 Newshound Guru Kaperoni …many ask all the time “is the CBI in compliance with the IMF or not” and we all look at the numbers and try and figure it out…Official rate/Market rate stuff which is very important. You see under IMF Article XIV, the IMF is teaching the CBI how to manage its currency and compliance is important to the IMF before they will let the CBI take the next step which as everyone knows would be for them to move to Article VIII. The IMF told us the answer we all asked…Are they in compliance? Well the answer in September was no according to the IMF Press Release, the spread in September was 2.6%. So we can go back to the CBI site, pull up the auction numbers and see what exactly they were and relation to the Official rate/Market rate. So in September, the CBI published 1203 and 1206 throughout the whole month. So Official rate is 1166 and market rate was 1203 or 1206 which according to the IMF is 2.6% and not in compliance. So now we know that the Market rate must be less for them to be in compliance and that calculation is easy to do and we can figure it out…the “golden number” appears to be 1200 or less. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 12-10-14
Iraqi Dinar Guru opinions 12-10-14
12-10-2014 Newshound Guru Enorrste Article: “Statement at the End of an IMF Mission on Iraq” The article…makes it clear that the decision to release some of the reserves was made by the CBI in concert with the GOI to fund the deficit. It is speculation to say that Maliki and/or Turki were behind this, since we do not know when the funds were released. In any case, the fact that this came out in an officially recognized IMF article implies to me that the release was on the “up and up” as far as the IMF was concerned. In other words, the IMF didn’t mention anything “fishy” in the reduction of reserves and, furthermore, didn’t even make a comment about the fall in reserves. Therefore, I do not believe this is an issue with respect to the future of our investment. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 12-9-14
Iraqi Dinar Guru opinions 12-9-14
12-9-2014 Newshound Guru Millionday Quote: “The economic expert is expected to increase the purchasing value of the Iraqi dinar taking advantage of the economic strength of the dollar”. THE RAISE OF THE US DOLLAR RAISES THE BASKET OF CURRENCIES AND WE ARE THE LARGEST PURCHASERS/CONSUMER OF OIL — SO… THE GROWTH IN VALUE HAPPENED BUT THE PRICE OF OIL WENT DOWN SO IT HAS A PARTIAL GAIN DUE TO THE MARKET. SO IN OTHER WORDS THIS IS A GOOD TIME TO INCREASE THE PURCHASING POWER OF THE DINAR. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru, Iraqi Dinar
Iraqi Dinar Guru opinions 12-8-14
Iraqi Dinar Guru opinions 12-8-14
12-8-2014 Newshound Guru Millionday THEY ARE PUSHING…TO MOVE IRAQ TO A GLOBAL TRADE COUNTRY… [we know the cbi will change the rate, but who will actually change the country to a market economy, GOI or CBI?] BOTH WILL, THE THING ABOUT MOVING TO A MARKET ECONOMY THE DINAR IS ALSO GIVEN A PRICE AS THEIR PRODUCT OF FINANCE AND THE LAWS OF THE GOV PUT THEM TO A MARKET ECONOMY. THE CALL HAS BEEN MADE TO PUT IN PLACE THE LAWS FOR THE TRANSITION…BUT ALL HAS TO BE DONE AT THE SAME TIME — SO THIS SHOULD BE INTERESTING. THERE ARE ALSO LOCAL LAWS THAT NEED TO BE CHANGED TO THE NEW LAWS FOR A MARKET ECONOMY BUT…THOSE LAWS…WERE DONE BY THE PREVIOUS GOV AND ARE ON A SHELF. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 12-7-14
Iraqi Dinar Guru opinions 12-7-14
12-7-2014 Intel/Newshound Guru Poppy3 NOW THAT THE HCL IS AGREED ON AFTER YEARS AND THEY RUSHED TO EVEN SET A TEMPORARY HCL IN PLACE, WHY IN HEAVENS NAME WOULD THEY NOT RELEASE A RATE ASAP? LET ME SAY THEY WILL. THEY ARE ABSOLUTELY FROM ALL THE NEWS TIEING UP EVERY SMALL DETAIL AND PREPPING TO RELEASE THE RATE JUST DOESN’T MAKE SENSE TO RUSH IN EVERY WAY AND THEN STOP! DOES IT.
12-7-2014 Intel/Newshound Guru Poppy3 ABADI…HAS NOT LET THEM TAKE ANY TIME OFF PERIOD. THEREFORE HE WANTS THE RATE AND IS DOING EVERYTHING POSSIBLE TO GET TO A PLACE WHERE THE CBI FEELS CONFIDENCE TO RELEASE IT. DOESN’T MATTER THE DAY OR DATE LIKE A 15TH OR FIRST OF ANY MONTH BUT THE DAY THEY FEEL CONFIDENT THEY WILL RELEASE PERIOD. IT CAN BE AT ANY MOMENT LITERALLY. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
