Iraqi Dinar Guru opinions 12-13-14
Iraqi Dinar Guru opinions 12-13-14
12-13-2014 Newshound Guru Millionday THE RAFIDAIN BANK IS READY TO ACTIVATE THE ATMS IN BANKS AND THROUGHOUT IF THE PROGRAM OF THE REMOVAL OF THE THREE ZEROS GOES FORWARD OR SHOULD WE SAY AS SOON AS IT DOES. THIS MEANS THEY ARE SET FOR SMALL DENOMS OF COURSE AS WE KNEW FROM PAST REPORTS. THE LAWS LEFT ARE THE LAW OF PARTIES, HCL, AMNESTY, AND FEDERAL COURT.
12-13-2014 Intel/Newshound Guru Backdoc IMO, I AM PERSONALLY CAUTIOUS ON INTEL AND NEWS OUT OF IRAQ! I EXPECT LIES OR MISLEADING INFO. WE ARE GOING INTO THE YEAR END WITH A CASH STRAPPED COUNTRY WITH A FREE FALL IN THEIR MAIN SOURCE OF REVENUE!! WHAT BETTER TIME TO GIVE VALUE TO A COUNTRY’S CURRENCY WHEN EVERYONE IS NOW EXPECTING WEEKS IF NOT MONTHS? THIS IS A COUNTRY DYING TO DIVERSIFY THEIR ECONOMY TO GAIN ADDITIONAL REVENUE QUICKLY! THE MOST OPTIMAL TIMING IS THE BEGINNING OF A YEAR! IF THE STOCK MARKET BEGINS TO MELT DOWN WE JUST MIGHT HAVE A NEWS WORTHY EVENT AS A MEANS OF DISTRACTION! I ALSO AM INTERESTED IN THE CHANGE IN SECURITY IN BAGDAD!
12-13-2014 Newshound Guru Adam Montana [At one time most of the Iraqi parliamentarians were against the HCL and wanted to remove it or at least they want to modify it so that the involvement of foreign companies were reduced. Do you think American Oil Companies (and other countries) have a roll in the new HCL? Or will foreign oil companies just have to follow the new HCL when voted in by Iraqi without a say in the matter?] Most of Parliament was against the HCL under Maliki’s rule – that isn’t the case now. At this time, the GOI is moving in a great direction toward a full HCL. American oil companies do indeed make a difference in this issue, but what we really care about is the cooperation between the Kurds and Baghdad – and we have that, so I think everything is GOOD.
12-13-2014 Newshound Guru Aggiedad77 Article: “Cabinet discusses the 2015 budget on Sunday” Old news, we’ve seen for a day or so…but the interesting side of this is that Sunday is not a normal meeting day for the COM….Tuesday is normally their day to meet…sounds like this is specific to oil issues surrounding the budget, mainly pricing.
12-13-2014 Newshound Guru tlm724 Article: “Baghdad-Erbil deal silent on KRG’s surplus oil” The deal will take effect from the beginning of the coming year…this deal is being done to get the 2015 budget done quickly. Quote: “Without this agreement. Iraq’s 2015 budget balance would have suffered a major deficit. This will be a return of sovereignty and trust to Iraq that did not exist under Maliki,” we see…that the deal is being finalized and that there are many strategic details being worked out, we are talking about billions of dollars and if it is not done right the first time then they may as well go back to the drawing board. The great thing is this, they never did 2014 budget so the urgency is there to get the 2015 budget done and passed before they are completely broke and they are right on the edge of this agreement, few details and it should be done!
12-13-2014 RUMOR Guru I’m feeling super-fantastic, nothing but good news. Everything we are hearing is “push, push, push” and even Washington was asking this morning, “Why isn’t this done? Let’s go!” It’s looking really good, the best we’ve seen it in months and weeks. This is the first time we’ve seen this many people transported across the world to get this done.
12-13-2014 RUMOR Guru Teams from the US and other places are in Iraq coordinating and making sure all pieces are going together. That includes teams from the BIS, IMF, the Fed, Bank of England, China, Swiss, European and other countries to make sure this goes off as smoothly as possible. There has been a rate change, but it has not been confirmed. [When Iraq releases the rate, will the US go as well? Or not?] Once it is available for the Iraqi citizens, which they are testing now, the rest of the world will turn on. [If Iraq does it today, does the US have the right to delay it until Monday or later?] Yes, they still have that option, but they will probably let us go on because it’s close to when they wanted to start anyway. We are in the window NOW, or when Iraq starts. So far as we know, they will keep it at a fixed rate until 2. January. All minor issues are being addressed quickly. Our understanding is that this will go as soon as the last issues are solved and no one is going home until this is done. Cautiously, things look really, really good.
12-12-2014 Intel/Newshound Guru Poppy3 ALL INDICATIONS SHOW THEY WANT THIS ALL COMPLETE PRIOR TO THE BEGINNING OF JAN 1 2015. NO INDICATIONS OR STATEMENTS OTHERWISE. THEY HAVE A GET-R-DONE ATTITUDE RIGHT NOW.
12-12-2014 Newshound Guru Millionday “the rest of the oil-producing provinces dues amounts of petro-dollar exchange rate will be after the approval of the federal budget for 2015″. THE AMOUNT OF THE EXCHANGE RATE WILL BE AFTER THE BUDGET SO OBVIOUSLY IT HAS TO DO WITH BUDGET FOR THIS YEAR. THINGS SEEM TO BE HEADED RIGHT TOWARD REFORM BY WHAT WE HAVE BEEN SEEING – VERY ENCOURAGING. THE 2015 BUDGET GOAL AS THEY HAVE STATED IS TO BE DONE BY THE END OF THIS YEAR AND PARLIAMENT WILL BE IN EMERGENCY SESSION FOR IT AT ANY GIVEN TIME ACCORDING TO REPORTS. THE HOLD UP WAS A SCRAMBLE TO MAKE ADJUSTMENTS ON WHAT THEY THOUGHT THE REVENUES WOULD BE DUE TO LOWER OIL PRICING.
12-12-2014 Newshound Guru Millionday THE ACTUAL BUDGET WILL BE DONE IN DINARS PER REGULATIONS AND HOW A COUNTRY`S BUDGET IS DONE — WITH THEIR OWN CURRENCY. THEY EXPECT THE PARLIAMENT TO HAVE IT IN TWO DAYS AS OF YESTERDAY… NO WORRIES OF ANY HOLIDAY TALK – OBVIOUSLY THIS IS VERY IMPORTANT AND THEY ARE PUSHING IT IN A HURRY DUE TO THE NEED TO HAVE MONEY. SO, WONDERFUL NEWS OUT THERE AND THEY HAVE STATED THAT THE EXCHANGE RATE FOR PETRO WILL BE WITH/AFTER THE BUDGET — SO WE KNOW THAT ALL CURRENCY HOLDS THE SAME VALUE NO MATTER WHERE IT IS.
12-12-2014 Newshound Guru wmawhite …how can a country determine it costs for its international purchases if its currency floats…doesn’t make sense.
12-12-2014 Newshound Guru BGG the IMF report was stunning – it looks like Maliki spent 10 -11 bil of CBI reserves and 2 – 3 bil of the DFI fund… those two funds were only accessible by the Gov of the CBI and the PM. He had both…
12-12-2014 Newshound Guru tlm724 they must act now to generate revenue, no time to waste here, get the gov reform off the ground, start implementing tariffs and get the private sector going, they need the budget as well to get some money flowing, reducing the GOI salaries is a big step too…they can produce a lot of revenue besides oil but have to implement this plan on the ground, make it a reality!
12-12-2014 Intel/Newshound Guru Poppy3 IT IS COMING FASTER THAN PEOPLE THINK…THINGS ARE HAPPENING FAST AND I DON’T WANT TO GIVE FALSE HOPE BUT WHAT I WILL SHARE IS THERE IS A HUGE PUSH IN HIGH PLACES TO GET THE RATE PUBLISHED BEFORE 2015. NO ONE CAN SAY THEY WILL GET IT COMPLETED BUT I CAN NOW SAY WITH CONFIDENCE THEY ARE TRYING.