Iraqi Dinar Guru opinions 1-26-16
Iraqi Dinar Guru opinions 1-26-16
1-26-2016 Newshound Guru Millionday AN ECONOMIC FORUM HAS GONE ON WITH MANY INTERNATIONAL LEADERS AND ABADI WAS THERE. HE IS NOW BACK. HE MADE A SPEECH THERE THAT IS HUGE. ABADI HAS TOLD THE NEW HEAD OF THE EU MISSION [European Union] THAT IRAQ IS READY TO MOVE FORWARD WITH ECONOMIC AGREEMENTS MADE. …THIS IS HUGE TO MOVE FORWARD WITH BANKING AND CONTRACTS INTERNATIONALLY.
1-26-2016 Intel/Newshound Guru Backdoc …THE IMF GAVE A WINDOW FOR THE DINAR’S COMPLETION TO BE BETWEEN NOW AND JUNE! WE ALL REALIZE THAT BOTH IRAQ AND IRAN WANT AND EXPECT TO BE INDUCTED INTO THE WTO THIS YEAR. THE REALITY IS, THEY NEED AN INTERNATIONAL CURRENCY FOR 90 DAYS PRIOR TO INDUCTION IN JUNE! …THE DECISION FOR INDUCTION IN JUNE, HAS TO BE MADE IN MAY, THEREFORE, THERE HAS TO BE AN INTERNATIONAL CURRENCY 90 DAYS PRIOR TO DECISION TIME! BINGO! BACKING UP FROM MAY 90 DAYS PUTS US SOMETIME IN FEBRUARY!
1-26-2016 Intel/Newshound Guru Backdoc ABOUT 3 OR 4 DAYS AGO, IRAN SAID THEY WOULD NOT LAUNCH OR RE-ENTER THE WORLD WITHOUT IRAQ BECAUSE IT WOULD CAUSE A TRADE IMBALANCE! THIS MEANS THEY ARE ADHERING TO “THE DEAL”. WE SEE IRAN STATE THAT IN A WEEK OR TWO THEY WOULD BEGIN TO RE-ENTER THE WORLD SLOWLY! ISN’T IT INTERESTING THAT 2 WEEKS FROM TODAY [MONDAY 1-25-16] IS THE 8TH? ONCE THEY START, THEY SAID IT WOULD TAKE A LITTLE LESS THAN A MONTH! IF IRAN AND IRAQ BOTH LAUNCH WITH OTHER SIGNIFICANT CURRENCIES LIKE THE DONG AND RUPIAH (WHICH THEY WILL), THEY WOULD BE IN COMPLIANCE FOR WTO INDUCTION IN JUNE!
1-26-2016 Intel Guru SteveI [Looks like things are moving in Mosul? Is that still the key?] For the most part, yes. The country has to be secure.
1-26-2016 Newshound Guru rcookie THEY ARE FIGHTING THE BIGGEST WAR ON TERRORISM IN HISTORY OF MANKIND… IMPLEMENTED COMPREHENSIVE SOCIAL…POLITICAL AND ECONOMIC REFORMS AT ALL LEVELS…IMPLEMENTED…SALARY LADDER…HIRING FREEZES…SUBSIDY CUTS …TARIFF IMPLEMENTATION…AND ALL AMIDST A MAJOR PRICING CRISIS TO OIL…AND MAINTAINED 2.3 % INFLATION WITH AN NON EXISTENT CURRENCY VALUE…WHAT THEY HAVE DONE…ALL UNDER SEVERELY ADVERSE CONDITIONS IS NOTHING SHORT OF REMARKABLE.
1-25-2016 Newshound Guru Kaperoni Article quote: “this agreement is a great success of the association and will open us the doors of cooperation with the European Union and US Treasury” IMO, this is a clear sign that the CBI will move to Article VIII soon. Freedom of movement of capital cannot happen without it…and the UST and EU are part of that.
1-25-2016 Newshound Guru wmawhite […what comes first the rate or article 8…?] Iraq/CBI can change their rate today and if they do not have Article 8 there isn’t two banks anywhere in the solar system that would touch the IQD.
1-25-2016 Newshound Guru Millionday “President of the World Bank pointed out that “the success of Iraq is important to the whole world and they are ready for all that Iraq needs support in the experience.” THE WORLD BANK IS ON BOARD TO PUSH FORWARD WITH IRAQI REFORMS — THAT IS LIKE MUSIC TO MY EARS…UNDERSTAND THIS IS THE PRESIDENT OF WORLD BANK — THE PRESIDENT. OBVIOUSLY A LOT IS RIDING ON THIS AND WE ARE RIDING ON SKIRT TAILS — …THIS STATEMENT IS HUGE.
1-25-2016 Intel Guru Hub facts: the dinar is not a tradeable currency because of sanctions by the United Nations, fact: the dinar is considered an exotic currency by money trading business concerns world wide, yes we bought em, but use em for purchases and see how that goes… fact: the dinar was given a non tradable value to punish iraq for actions toward kuwait. … fact: all countries surrounding iraq have a tradable currency with a value equal to the resources of the country… fact: iraq has been relieved from most sanctions issued by the UN…. fact: the last one , chapter 8 requires a currency revaluation equal to the value of resources of the country… fact iraq is considered to be one of the richest countries in the world. … summation is iraq is to obtain a currency equal to the ability of the resources purchasing value in the world economy…in other words, how much work has to be done to buy a coke
1-25-2016 RUMOR Guru Mnt Goat I want to say one more time we will not see any significant value increase in the dinar unless certain laws and conditions are met. One of those conditions is the cleaning up of the CBI. I firmly believe that Dr Shabibi must be back in the CBI and it must be announced publicly that he is at the helm “officially” once again. From everything I am hearing from my CBI contact the USA is very angry that this has not yet already happened. They have also sent legislative consultants to assist in streamlining the parliamentary process and so keep asking what is the hold up in passing of the few last remaining needed laws. As far as any progress on currency reform process we all know that the USA, WTO and the IMF want the lower denominations launched, like yesterday… We know that once they do launch the lower denominations their must be a 1:1 par with the US dollar for inflation adjustments first, then later a full scale RV is planned at a much higher rate (pre-war plus equity).
1-25-2016 Newshound Guru rcookie Article quote: “…the bank” is long overdue to make the exchange rate adapts to the size of the deficit in the public budget…” CBI IS LONG OVERDUE TO MAKE EXCHANGE RATE ADAPT TO THE SIZE OF DEFICIT IN PUBLIC BUDGET…IF THEY CONTINUE TO POSITION DINAR AGAINST DOLLAR AT SAME RATE THERE ECONOMY WILL COLLAPSE…HOW DO YOU LOOK FOR INT’L INVESTMENT…WITH A SUPPRESSED NON COMPETITIVE DINAR RATE.
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