Iraqi Dinar Guru opinions 1-9-15
Iraqi Dinar Guru opinions 1-9-15
1-9-2015 Newshound Guru Adam Montana The price of oil will have an effect on how high they can RV, but for them to try to wait for oil to go back up would be foolish… I believe Iraq is smart enough to understand that concept… so their smart play would simply be if they were going to RV at $1 with $100 per barrel oil, then they simply RV at .50 with $50 per barrel oil.
1-9-2015 Newshound Guru sczin11 THEY ARE SUGGESTING, A COMMITTEE OF TOP LEVEL PERSONNEL, FROM COM AND HOUSE TOGETHER, TO MONITOR THE BUDGET THROUGHOUT THE YEAR, MAKE ADJUSTMENTS IF NECESSARY IN THE LINE ITEMS, AS THERE ARE SERIOUS FINANCIAL AND MILITARY ISSUES TO BE CONCERNED AND DEALT WITH…THEY ARE SAYING TO GIVE THIS SPECIAL COMMITTEE THE POWER TO MAKE CHANGES AS THEY SEE FIT, WITHOUT GOING THRU VOTING PROCESS.
1-9-2015 Newshound Guru Aggiedad77 …lots of good to great news…continues to point to Iraq taking things to new planes and continuing to move forward in a manner that bespeaks a nation that has finally gotten their stuff together….but at the same time continue to mop up the room of any former riffraff that has been left over from the prior government…signs IMO…appear very strong.
1-9-2015 Newshound Guru Chattels Article: “Iraq Forces Coalition: We Will Not Vote On Adoption The Budget If It Does Not Include The National Guard Law” the Iraqi Forces Coalition…are Sunni…not enough of them to frustrate passage of the budget, but the goal is consensus, so expect perhaps some delay to negotiate to meet their concerns…by delay i mean likely that the end of the month is doable and consistent with several articles.
1-9-2015 Intel/Newshound Guru tman23 The CBI has two separate foreign exchange rates: a floating “market” rate available to everyone, and a fixed “auction” rate available only to banks and certain importers. The market rate for dollars is currently much more expensive than the auction rate due to high demand. This is only natural: the gap (or “spread”) between the two widens during times of crisis because people lose faith in their currency and flock to the safety of dollar holdings.
1-9-2015 Intel Guru Frank26 They are going to start paying OUTSIDE of Iraq electronically.
1-8-2015 Intel Guru Delta URGENT FROM IRAQIA TV: “GOVERNMENT OF THE ECONOMIC COMMISSION HAS TAKEN MANY OF THE ECONOMIC AND FINANCIAL DECISIONS THAT WILL BOOST THE ECONOMY”. KEEP IN MIND THAT THE CBI GOV IS A MEMBER OF THIS COMMITTEE! [ I would be so excited to read that you had heard on Iraqia TV that PM Abadi just announced Dr. S [Shabibi] has retaken governorship of the CBI.] YOU WILL …BUT IMO WE WILL SEE THE CHANGE BEFORE THAT. DATE IS ALREADY SET!
1-8-2015 Newshound Guru Adam Montana [do you think the low gas prices as of late would give speculation that Iraqi will RV soon [and] where will the trillions of dollars come from when a RV occurs…?] The price of oil doesn’t have anything to do with “if” or “when” they RV, but it could have an impact on the RV amount. We’ll just have to wait and see what they do with that one. Regarding where the money comes from to cover the increased value, that’s easy. …they won’t be handing out physical cash to cover your currency. That’s the beauty (and shame) of all fiat currencies like the Dinar or the USD. As long as the world will accept Iraq’s promise to honor the value they state their currency is worth, that’s all that matters. Iraq has vast amounts of liquid gold, their production keeps increasing, they continue to make positive progress with their government, etc etc… all that adds up to bolster their credit-worthiness.
1-8-2015 RUMOR Guru TerryK THEY ARE HEADING IN THE RIGHT DIRECTION…EVEN THO OIL PRICES HAVE SLUMPED THEY HAVE A WAY OF COMPENSATING IT AND ARE WORKING TOWARDS THAT. THE CALL I WAS JUST ON WITH A GLOBAL SECRITIES [SECURITIES?] PERSON TOLD ME THIS IS OUR WEEK…LOOKING AT THIS WEEKEND.
1-8-2015 Newshound Guru Tlar Recent articles from Saleh arguing the position of postponing the project until 2016 could arguably suggest he is trying to stop the project because it is scheduled to launch soon. While that’s just speculation on my part I can’t help but see bits of proof here and there that the project is ripe for implementing. My concern is two fold. One is Saleh and his desire to see the project postponed again. The other is KEYWORDS and who does he really answer to. The fact that Maliki asked him, “Maliki’s appointee” to protest Shabibi’s aquital suggests that there might be a deeper relationship there between he and Maliki and that Maliki thinks he can still influence this outcome. Time will tell whether this is a true concern… So to me KEYWORDS is an unknown as to where his loyalty truly is. Is he part of the new Iraq or a wolf in sheeps clothing.
1-8-2015 Intel Guru SteveI Article Quote: “Parliament did not complete the second reading of the Budget Law due to disputes over the financial deficiency,” This does not at all surprise me. This will never get done unless they do more voting and less discussing… They can pass all the laws they want and make all of the monetary reforms they want, but unless their rate changes, it is all for nothing.
1-8-2015 Intel Guru WILDDUCK [Do you have any thoughts on where we stand as far as the RV/GCR?] RIGHT NOW QUIET IS A GOOD THING IMO. MEANS PEOPLE ARE WORKING. [IYO who is holding this ball? Is it Iraq, The IMF, the UST, The US Gov…? Who gets to push the button?] NONE OF THE ABOVE AND NO HOLD UP IMO.
1-8-2015 Newshound Guru Millionday TREASURY BONDS ON THE ISX AND READY TO GO — REMEMBER THAT THE 11TH ISX OPENS BACK UP…GREAT NEWS. INVESTORS WILL BE ABLE TO INVEST ON THE ISX IN IRAQ THROUGH THE PURCHASE OF BONDS THAT WILL MATURE WITH GAINS AS THEY GROW THEY HOPE. [will they do that at the reality rate? or at the imposed rate?] WE SHALL SEE — I WOULD GUESS REALITY AND CALCULATED AS INTERNATIONAL COMPLIANCE BUT WE SHALL SEE IF THEY ARE READY TO GO.
1-8-2015 Intel Guru Frank26 URGENT FROM IRAQIA TV: “FINANCIAL COMMITTEE OF THE PARLIAMENT: WE HAVE TO ACTIVATE THE ECONOMIC REFORM AND PRIVATE SECTOR ASAP TO HELP THE INVESTMENT PART OF THE BUDGET.” Which will be activated by a Currency Rate Reform …Surely not at 1166.
1-8-2015 RUMOR Guru Mnt Goat …what truly happened in parliament yesterday on Weds Jan 7th…The session of parliament conducted the second reading and the budget bill was read. The fact is they were not impressed with the changes made by the GOI to shrink down the deficit and are thinking about shrinking it yet even more. Yes –it is not “done” as I said it may get kicked back to the GOI once again for more changes after the second reading…we should not have to wait much longer since their new target is Jan 11th…if we do not see the budget bill passed by a voting session by Monday morning then we can expect to wait until Jan 20th as our next target date.
1-8-2015 RUMOR Guru Mnt Goat The odds are the they will try to meet the Jan 11th date since the finance committee and the CBI also desires to have the ISX start international trading with the live links to the global money exchanges and do it on Jan 11th and they need the IQD rate to be live and a tradable rate. So when can we expect to see the RV? I am still in the notion of the window of opportunity between today Thursday 1/8 and Sunday 1/11 sometime. This is contingent upon getting the budget bill deficit cut done and getting parliament to vote on the final bill prior to or on Jan 11th.
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