Iraqi Dinar Guru opinions 1-24-15

Iraqi Dinar Guru opinions 1-24-15

1-24-2015 Newshound Guru Kaperoni …the recent articles from the CBI indicating they are ready to “participate and promote development” are encouraging. I want to point out that Dr. Bakri [Economist] states the dinar “first needs to improve” (raise in value) before they can move to Article VIII. In other words, the float may be institutional and gradual before they accept Article VIII and a new Exchange Regime. I also get the impression that the dinar can be convertible worldwide without technically accepting Article VIII. And lastly, he says… “improvement comes through delete some zeros” which to me again seems to imply a gradual appreciation because as the dinar rises, zeros begin to go away… he did…confirm the process is moving along, that the reforms are happening, and there is promise…and more importantly the new GOI is moving in the right direction. Iraq’s economy is complex for sure. But I don’t think what we are looking for will take much longer. As for currency reform, the timing will be kept secret within the CBI…

1-24-2015 Newshound Guru Tlar One thing I have always thought is that any change in value will have to come just before the budget is printed in the Gazette. If that is true then it follows they can’t pass the budget without first changing monetary policy. If this is true then it might answer the question of why the budget is taking so long to fix. Iraq seems determined to pass this budget quickly and all parties are on board, but to make the changes and modifications should not take weeks as it has done already especially in light of the fact that they are in such a hurry. Word processors should be able to do this overnight. Not take weeks. Something else IMO is holding up the vote and I think its the rate. Both readings are done leaving only the vote but they keep putting it off. My personal opinion is that the hold-up is the rate and we won’t see a vote until we see monetary change because IMO the budget cannot be opened at 1166. As I say this, we all know this is Iraq so we know they CAN open it at 1166 but IMO they won’t.

1-24-2015 Newshound Guru wmawhite Iraq has told us that they want to join the world financial markets…and they want investors…in order to do both Iraq via the CBI has to promote confidence in the IQD…to do that the CBI needs to add value to their currency.

1-24-2015 Newshound Guru Millionday THE SPEECH GIVEN BY ABADI TODAY [FRIDAY] AT THE ECONOMIC CONFERENCE…IS VERY POSITIVE AND HE IS VERY CLEAR THAT THEY HAVE TO MOVE FORWARD WITH REFORMS AND THEY ARE IN NEED OF THE FOREIGN INVESTMENTS. ABADI PLEDGED TO ADVANCE THE ECONOMY OF IRAQ AND ASKED FOR HELP DUE TO THE MOVE FROM FOREIGN COUNTRIES WITH SECURITY ETC. THAT SAYS A LOT — THE RESULT WOULD BE THE REMOVAL OF TERRORISM FROM DAASH.

1-24-2015 Newshound Guru sczin11 NO ONE SAYS IT IS DELAYED…IT IS A VERY COMPLICATED PROCESS, AND A VERY DETAILED PLAN TO EXECUTE. THE PROCESS, HAD TO BE ESTABLISHED…AND THEN YOU HAVE THE MALIKI CREW TO BE DEALT WITH…WE ARE IN A GREAT PLACE, AND SHOULD ALL BE PROUD OF WHAT HAS BEEN ACCOMPLISHED THUS FAR…DR. SINAN AL SHABIBI, IS WAITING FOR THE CALL TO DUTY!

1-25-2015 Newshound Guru sczin11 [I saw where you said, “Shabibi is on deck”. What do you mean by that?] [reference OOTW & sczin post 1-23-2015] I AM A BIG BELIEVER HE WROTE THE PLAN, HE UNDERSTANDS THE PLAN, HE HAS GREAT CONNECTION WITH IMF, THE PEOPLE OF HIS GREAT COUNTRY LOVE HIM, YES, I BELIEVE HE WILL BE GIVEN THE HONOR, THE PRIVILEDGE, TO PLACE IRAQ ON THE WORLD TRADING PLATFORM!

1-24-2015 RUMOR Guru TerryK …A LITTLE BIRDIE CALLED ME …AND TOLD ME THAT WE SHOULD SEE OUR BLESSING THIS SUNDAY…I GUESS ABADI PULLED SOME STRINGS.

1-23-2014 Newshound Gurus OOTW & sczin11 “Ministry of Planning and develop an economic plan for four years” THIS IS ALL GREAT NEWS EVERYONE – UNDER THE AGREEMENT WITH UNITED NATIONS DEVELOPMENT PROGRAM, IRAQ ISSUES A 4 YEAR NATIONAL DEVELOPMENT PLAN – THE LAST ONE WAS AUTHORED UNDER THE MALIKI REGIME, AND WAS NOT FAVORABLE RE CURRENCY REFORM – AND SO NOW THEY’RE TELLING US THEY’RE WORKING ON A NEW PLAN, FOR THE NEW IRAQ – GREAT NEWS. WHAT A DAY OF NEWS…WHAT A WEEK OF NEWS…DR. SINAN AL SHABIB IS ON DECK!

1-23-2015 Newshound Guru Millionday [doesn’t the rv, take care of many of their problems quickly?] MY POINT EXACTLY AND HOLD OFF ON INVESTORS WOULD NOT MAKE SENSE EITHER — THE OTHER COUNTRY`S HAVE TO MAKE MONEY AS WELL AND THE GLOBAL CONDITION WOULD BE IMPACTED BY THIS NEW MARKET — IT MAKES ECONOMIC SENSE. WITH ALL WE ARE SEEING IT IS GETTING EXCITING — I AM STILL IN SHOCK OVER THE GOV AND CBI STATING THEY ARE READY TO MOVE FORWARD. THEY NEED IT NOW — ALL REFORMS AND ADVANCEMENTS — THEY NEED RIGHT NOW. REMEMBER THEY ARE IN A HUGE HURRY WHEN YOU COMPARE TO WHAT WOULD HAVE HAPPENED IN THE PAST…

1-23-2015 Newshound Guru Tlar Sure looks like they are getting ready to open the doors for international business. I love the fact that both the government and the Central Bank are on record as saying they are ready. I also love the article stating the bank will assist in raising employment and and assist in economic growth. Looking at all the recent articles one can help but feel we are on the cusp of seeing real changes including monetary change. Keeping my fingers crossed that we are close especially with the 4 yr economic plan from the planning ministry starting in 2015. I think it is more than possible that we will see everything implemented within the next twelve days based on what I have seen and maybe sooner.

1-23-2015 Newshound Guru Tlar Speculation on my part but they seem to be accelerating this economic program to free the economy and keywords seems to be on board with everything ready to support it. …things are getting pretty exciting. My belief of a $3+ RV has not changed. It is my belief and best guesstimate based on pieces from different articles is that there is less than 1 trillion dinars circulating in Iraq today. It would be IMO a no brainer for them to be able to justify and support this figure of $3+. IMO we will know the real truth soon.

1-23-2015 RUMOR Guru Not much has changed: everything continues to look very positive in Iraq and the US. All checks and tests have been successful. Everyone is prepared for when Abadi and the Iraqi teams get back from Davos. Everyone is ready to go, not expecting anything until Saturday on. [Do you think it will happen before 1. February, which is next Sunday?] Yes, I do.

1-23-2015 Newshound Guru Millionday [how does a currency become international?] THEY RELEASE IT TO THE MARKET AT A REALITY RATE — THEY ARE NOW RELEASED FROM SANCTIONS BUT THEY WILL ACTIVATE THE LAWS THAT MOVE THEM TO A MARKET ECONOMY SO THEIR CURRENCY IS PRICED PER THE INTERNATIONALLY COMPLIANT PRICE INDEX CALCULATION… [How many laws do they need to activate?] I DONT HAVE A COUNT BUT IT IS THE LAWS THEY HAVE BEEN DISCUSSING AND WORKING ON FOR INTERNATIONAL INVESTMENT BECAUSE THE MARKET ECONOMY GOES BOTH WAYS — SUPPLY AND DEMAND.

1-23-2015 RUMOR Guru On television today, it said that Iraq is taking steps to do the economic reforms. Saturday is the day they are voting for the budget again. All sources in Iraq including the banks and markets are ready to go, looking for the window to be wide open from Saturday until this happens. Don’t look for it until their people are back in country. I believe and have confidence that this is happening, that everyone has been trained and that when the time is right, this will happen. We are in a great place from Saturday morning on…we should see this by Tuesday at the absolute latest.

1-23-2015 Newshound Guru Adam Montana Here’s what’s going on in Iraq right now: The budget looks good to go through ANY DAY now. There is a “Hydro Carbon Agreement”, which looks good to turn into a Hydro Carbon LAW shortly after the budget is passed. The Kurds and Baghdad are playing VERY nice… and those three items combined spell “RV SOON!”, if you ask me!

1-23-2015 Newshound Guru sczin11 “New companies to start trading in Iraq Stock Market (ISX)” …WHY WOULD 8 MONEY TRANSFER COMPANIES BE UNDERWRITTEN AND PLACED ON A STOCK EXCHANGE, WHERE INVESTORS NEED TO BE CONVINCED TO INVEST IN THEIR BUSINESSES, OR THEY WILL ….GO OUT OF BUSINESS… SO THEY MUST BE PRETTY CERTAIN THEIR BUSINESS LONG TERM GOALS ARE PRETTY POSITIVE LOOKING IN TERMS OF MAKING PROFITS, AND IT MUST BE VERY CONVINCING TO THE INVESTORS OR THEY WONT PUT THEIR MONEY INTO THOSE COMPANIES.

1-23-2015 Newshound Guru sczin11 THAT BEING SAID…IF THE COMPANIES FEEL CERTAIN OF THEIR CONTINUED GROWTH AND SUCCESS, THEY MUST FEEL CERTAIN THERE WILL BE INTERNATIONAL TRADING AND THEREBY GETTING FOREIGN DOLLARS INTO THEIR COMPANIES WITH EASE, AND MORE IMPORTANT, WHAT WILL MAKE THESE MONEY TRANSFER COMPANIES PROSPER, THE USE BY THE IRAQI CITIZENS, AND FOREIGN WORKERS, SENDING MONEY ALL AROUND THE WORLD…INTERNATIONALLY.

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