Iraqi Dinar Guru opinions 10-7-2013
Iraqi Dinar Guru opinions 10-7-2013
10-7-2013 Newshound Guru Kaperoni Iraq is out of chapter 7 that is a fact. And they have not paid off Kuwait. No more detective work is needed. When they do pay off Kuwait, it will be all over the papers in Iraq and in Kuwait…its not going to be some secret.
10-7-2013 Newshound Guru Shredd I teach a class at the bank I work at and in this class, we analyze investors – who they are, how they invest and why they invest and one nagging question I’ve had about this investment is why these savvy investors aren’t making a lot of noise about the dinar and the reality is, investors really have two methodologies for investing regarding time…Savvy investors know what’s going on, but they are primarily looking at one of the two options, quick turn on gains or long term with returns…neither of which has applied to Iraq in the past.
10-7-2013 Newshound Guru Shredd now, today, we are starting to see the winds of change banking infrastructure, compliance and expansion, ISX growth, retail and commercial sprawl, news on sovereign ratings for Iraq and of course, the lovely dinar that is about to represent a market-driven rate…exactly how the CBI does that makes no difference to me but we know they are going to remove the zeros, release small denoms and get away from being a dual currency economy. that part right there… that will ignite the two investment strategies I’ve spelled out above. so, hang on…We are close and will see investors start paying more and more attention to Iraq…
10-7-2013 Newshound Guru Millionday Referencing a report: they are saying that they are opening the tri free trade zone and have a huge conference coming in november and also they are saying that this is the part of trade that is outside of oil and is going through the wto. this is the call to activate a set and ready plan for the tri trade to move them quickly to the highest in trade and also make iraq the trade hub of the world.
10-7-2013 Newshound Guru Millionday …it is also the pathway of man countries outside even of the region to move products…this is about the trade of all other than oil – and we know that it is called for by the wto for active membership to be granted and also they need an internationally recognized currency to do all of this. i have to say i am very happy to be invested in the country that has a plan like this — sounds very encouraging.
10-6-2013 Newshound Guru Enorrste Article: “Economic optimistic parliament passes economic reform law soon” This law, if passed promises to do so many things that it is mind boggling. The law will: (1) shape the behavior of the economic activity of the state (2) determine the draft law of powers between the center [GOI] and the provinces (3) develop an economic policy that promotes and develops the private sector (4) expansion of business operations (5) restructuring of the banking system to ensure higher standard of living for members of the community.
10-6-2013 Newshound Guru Enorrste (6) increase employment opportunities (7) lead to the absorption of many of the economic problems that led to the decline in growth rates (8) eliminate unemployment (9) work to reduce poverty rates (10) revive the agricultural situation, which will require more manpower. If everything that this article says is actually in this law, then there will be nothing left to stop the opening of the economy to the rest of the world.
10-6-2013 Intel Guru Okie_Oil_Man [I have a hard time wrapping my head around the amounts being put out there, what are your thoughts?] A NEVER IN HISTORY EVENT IS SOMETHING OUR MINDS CAN’T GRASP. THERE ARE NO PRESIDENCE TO THIS EVENT TO EVEN COMPARE TO. REMEMBER ME TELLING YOU QUITE SOME TIME AGO—THE LONGER WE WAIT THE MORE
WE GET?? IT’S OVER 27 BUCKS PRESENTLY AND NEARLY 28 BUCKS.
Guru Critic, Whoever is telling you those rates are LYING, flat out. You profess to be so “intune” with the happenings in Iraq and the Iraqi dinar and yet you will report this nonsense? You and your cronies cannot provide even one shred of proof or documentation to back your statements.
10-6-2013 Intel Guru Okie_Oil_Man [in your opinion can this be stopped again or are we at a point of no return?] APPARENTLY WE HAVE REACHED THE POINT OF NO RETURN—-WE HAVE HELD THE REST OF THE WORLD HOSTAGE AS LONG AS THEY WILL PERMIT. [do you think we will see this as [Guru TNT] Tony says tomorrow at the latest?] THAT IS THE WAY IT APPEARS AT THIS EXACT MOMENT IN TIME BUT ANYTHING CAN CHANGE AS IT HAS PREVIOUSLY.
10-6-2013 Intel Guru Okie_Oil_Man [Is IQD and IQN the same
thing? If not, what is the difference?] AFTER THE R/V WE ARE ONLY TO USE THE TERMINOLOGY IQN AND VNN—THE N CONNOTATION MEANS NEW WHICH IN TURN TELLS US THE RATE ON USING THAT TERMINOLOGY—NEVER SAY YOU HAVE IQD OR VND WHEN YOUR AT THE BANK.
Guru Critic, If you present your Iraqi dinar for exchange, it will not matter what the hell you call it!! It’s Iraqi dinar!!!! That “terminology” does not even exist! You guys just made it up so you look “connected”. What a shame. ALL of us are holding IQD, not IQN. If, and I say if, they redenominate and print “new currency” and rename it IQN, we are all screwed unless we exchange our IQD for the “new” IQN, then exchange it for the currency of our choice.
10-6-2013 Newshound Guru Enorrste Article: “Assurances of the importance of getting Iraq’s sovereign rating” The sovereign credit rating is something that must be requested by a country…by asking the credit reporting agencies to check out the Iraqi economy and give them a sovereign credit rating, they (Iraq) are essentially asking for a final “approval” so that the investment can begin to flow into the country. I see this as a very positive sign.
10-6-2013 Newshound Guru Enorrste There is no question in my mind but that Iraq will be given a strong rating. I say this because of the huge reserves Iraq holds along with little or no debt. The only question is this: will they get a good rating with a currency that is worth toilet paper? Time will tell. I suspect that they will inform the GOI that the rating will be dependent upon an internationally recognized currency. One more nail in the coffin of the fixed rate!
dinarguru