Iraqi Dinar Guru opinions 10-26-14
Iraqi Dinar Guru opinions 10-26-14
10-26-2014 Newshound Guru Millionday [we still in a good window up to the 31st of this month?] WE ARE IN A GREAT WINDOW FROM THE MOMENT THAT CBI STATED THEY WERE READY A FEW DAYS AGO. I MEAN THEY STATED IT IN INK — SO I WOULD HAVE TO SAY IT IS A GREAT PLACE FOR US TO BE — WE HAVE NEVER HEARD THAT BEFORE.
10-26-2014 Intel Guru Nova I Would Say It This Way, No Matter What Happens Tomorrow [Sunday], For The First Time The ISX Has The Ability To Be International. In The Game Of The CBI. The ISX Is Just A Pawn! Is What The ISX Is Doing Quite Telling? YES! But It’s Moves Are Dictated By What? The CBI/Central Banking System! If The ISX Flips The International Switch It Is Because The CBI Has Done It First! Even If We Can Not See It!! There Will Be No Futures/Options Trading On Some Future Value! It Is Either ON or OFF!!! Last Thing, ISX Told Us It Will Resume Trading On The 26th, Did Not Say It Would Flip The Switch On The 26th!
10-26-2014 Intel Guru Frank26 No matter what …Tomorrow [Sunday] the ISX will be International.
10-26-2014 Intel/Newshound Guru American Contractor It appears the Iraq Stock Exchange will be delayed on coming back online on Sunday, October 26. The delay is caused by software issues and the communications between banking institutions and brokers. The International Monetary Fund (IMF) still does not have an Article IV consultation because the Iraqi government failed to complete a 2014 budget. There is a danger of the Iraqi government borrowing from the Central bank reserves increasing inflation and devaluing the Iraqi dinar. The Iraqi government continues to operate their government without knowing how much they are spending and what they are taking in. The budget must be passed as it is still at a standstill.
10-25-2014 Intel/Newshound Guru Poppy3 LAWS ARE PASSED AND THE HCL WAS IN THE HANDS OF THE COMMITTEE TUESDAY AND ALL THAT WAS LEFT TO DO TO IT WAS CHANGING SOME WORDING ON TWO OF THE AMENDMENTS…SHOULD BE FAST. I DON’T THINK WE ARE TWO MONTHS AWAY ACCORDING TO ALL THE INK WE HAVE READ THIS MONTH. THEIR USD CASH FLOW IS VERY SHORT ACCORDING TO THEIR OWN NEWS AGENCIES. I THINK WE ARE MUCH CLOSER THAN PEOPLE THINK. I ALSO KNOW HISTORICALLY THEY HAVE GONE BY THE MUSLIM NEW YEAR DATES NOT OURS.
10-25-2014 Newshound Guru Millionday [ IS THE ISX STILL SLATED TO GO BACK ON LINE THE 26TH?] YES THE ISX IS PLANNED TO BE BACK ON LINE THE 26. THEY DID NOT GIVE A DATE FOR THE ISLAMIC BANKING TO TAKE THE IRAQI BANKS GLOBAL BUT WOULDNT THAT BE A HUGE WHOOOPOW. [Is it still your opinion we will have a reality rate when the ISX comes back up…?] NO — MY OPINION IS THAT WHEN THE ISX GOES GLOBAL THEY WILL HAVE A REALITY RATE — THEY MAY BE ABLE TO NOT GO GLOBAL ON THE 26TH AND JUST BE READY BUT — THIS IS A HUGE OIL PRODUCING COUNTRY WITH GLOBAL MARKET ON ISX AND ALSO THEY HAVE TO HAVE FAIR PRICING FOR INTERNATIONAL GLOBE. WE DO NOT KNOW FOR A FACT THAT ON THE 26TH THE ISX IS GOING GLOBAL UNTIL WE SEE IT.
10-25-2014 Newshound Guru Millionday [isn’t that what the x-stream format is for isx…global?] YES THAT IS WHAT IT IS FOR — IT IS THE CONNECTION OMX NASDAQ X-STREAM. [we know that Iraq wants to revalue, is there anything holding them back from going global on the 26th if the isx is ready?] NOT THAT I SEE — CBI HAS STATED THAT THEY ARE READY AND THE LAWS IN PLACE ARE ALL ENOUGH TO BRING IN MAJOR MARKET ECONOMY CONTRACTS — WE JUST DONT KNOW THE DATE FOR A FACT AND I DONT GUESS WITHOUT INK.
10-25-2014 Newshound Guru Kaperoni Article: “Mobilize international support Iraq’s economy” Quote: “…UNDP UN asked several days ago, the idea of launching a conference to gather international crowd along the lines of the Madrid Conference in 2004 for the purpose of supporting Iraq in the economic side…” This is a great article…the UN appears to be the one who will launch the market economy in Iraq.
10-25-2014 Newshound Guru Millionday [They keep talking about deleting the zeros in the new year, are we to assume that they meant the Muslim new year?] WE DONT KNOW FOR A FACT WHEN THE DATE IS…WE ARE TO NEVER ASSUME. [Do the zeros have to drop at the same time as the rv?] THE THREE ZERO CURRENCY WOULD BE USELESS WITH THE IMPOSED RATE OF 1166 CHANGE TO A MORE NATURAL RATE AS THEY CALLED IT —- HISTORY HAS SHOWN THEY HAVE CARRIED FROM 2$ TO 3$ + — BUT THEY WILL CALCULATE TO COME UP WITH THE REALITY RATE OF IRAQ AT ITS PRESENT TIME SO NO ONE KNOWS WHAT THAT WILL BE AT THIS TIME UNTIL IT IS RELEASED.
10-25-2014 Newshound Guru Enorrste I read…that the CBI expects the entire process to last 4 years, beginning next year. In other words, I do not think we should expect 1:1 by early next year, but that is certainly possible. KAP [Guru Kaperoni] and I have discussed this several times and we both agree that once they let the “cat out of the bag” in terms of starting a free float, we should see great pressure upward on the dinar and, unless they institute a “managed float,” which they have NOT indicated they will do, then we expect the process to take much less than 4 years to get to equilibrium (which could easily be over $3).
10-25-2014 Newshound Guru tlm724 Article: “Parliament is expected the arrival of the general budget of the beginning of next week” I expected the Finance Committee in the House of Representatives on Saturday, sending the federal budget for 2014, the beginning of next week after the ministerial committee has made some modifications to the doors.
10-25-2014 Intel Guru Frank26 [YOU WONT SEE ANY CHANGE ON THE 26th OR NEXT WEEK…MARCH/APRIL OF 2015… POSSIBILITY …NOTHING ANYTIME SOON…ALL IMO.] I sincerely believe we are seeing the vital MR [Monitary Reform] steps at their ending. If we go past 26th…I strongly do not feel it will be prolonged until the end of 2015.
10-25-2014 Newshound Guru Kaperoni …if they want a market economy (which they must do soon) they have to move to Article VIII and new Exchange Regime which allows the dinar to rise as investment comes into Iraq. It’s not something that can be postponed. Article VIII will come soon despite articles that say currency reform is year or more away..I don’t buy it. They were suppose to have “freedom of movement of capital” by end of 2013 according to the articles on the SFA/TIFA agreement and we are 12 months past that timeline. As well, the IMF postponed the 2014 Article IV Consultation in March (Iraq’s scheduled time) without explanation and said it would be held later in the year…one can assume it was to give them time to get in compliance and into Article VIII. The 2013 Article IV Consultation mentioned moving to Article VIII I think at least 5 or 6 times throughout the publication. When you take all of that, and put it with the urgency of a market economy (…a senior economist stated – “It’s time to activate the productive sectors”) to put Iraqi’s back to work, lower unemployment, etc. the banking system and currency must open up as soon as the laws are in place.
dinarguru