Iraqi Dinar Guru opinions 2-10-14
Iraqi Dinar Guru opinions 2-10-14
2-10-2014 Newshound Guru Kaperoni In the case of Iraq, the Capital Account [a Capital Account is cash flowing into Iraq for investment] will be made up of State banks, private banks, and international banks and maybe some brokers… This is important because over the last several months we are watching Iraq prepare for that investment to come in and fund the market economy… we also have said that these investors will not come into Iraq until they go to Article VIII or make the dinar convertible so these investors can get their profits out.
2-10-2014 Newshound Guru Kaperoni …i am certain we will not see the CBI make a move until the economic/banking reform laws are passed through parliament but once they pass them, the CBI would have to act shortly thereafter. so IMO, once we see the laws pass, Iraq is saying..we are ready for investment which will force the CBI to act. the point is…the CBI cannot do nothing much longer.
2-10-2014 Newshound Guru Millionday [history has never seen Iraq out of chapter 7… this year is different!] and the fact that they have stated directly from cbi that they will be raising the three zeros within weeks — two to three makes me very positive.
2-10-2014 Intel/Newshound Guru Poppy3 WE CAN SEE THAT VIRTUALLY EVERY MOVE THAT HAS BEEN MADE IN THE LAST MONTH HAS BEEN POSITIVE AND ALL RELATED TO THEIR FINANCE AND WE HAVE EVEN SEEN SIGNS THAT MALIKI AND ALL INVOLVED ARE POSITIONING TO MAKE THE RV HAPPEN. THE BIG QUESTION IS THE TIMING. MALIKI FOR SURE WILL NEED THE RV…HE WILL NEED IT IN TIME TO MAKE SOME DIFFERENCE FOR THE PEOPLE BEFORE HE CAN GAIN SOME FAVOR WITH THE PEOPLE OF IRAQ.
2-10-2014 Intel/Newshound Guru Poppy3 I EXPECT TO SEE OUR REWARDS VERY SOON. …BETWEEN NOW AND APRIL ELECTIONS ARE SOME 70 DAYS LEFT AND I BELIEVE MALIKI NEEDS OVER HALF THIS TO GAIN BENEFIT FROM IT. IF HE DOESN’T ALLOW IT AND WAITS AND LOOSES THEN THE NEW PM WILL ACT VERY QUICKLY TO START HIS REIGN OFF WELL AND SHOW HE IS GOING TO MOVE IRAQ INTO THE WORLD AS A FINANCIAL LEADER. WE ARE IN GREAT SHAPE AND ARE VERY SHORT ON OUR WAIT NOW.
2-10-2014 Intel Guru EXOGEN PER CONVERSATION, THERE WILL BE NO MORE SKR’S, NO MORE PRE “RV” PRIVATE PLACEMENT TRANSACTIONS, NO MORE PRE “RV” EXCHANGES, NO MORE LINES OF CREDIT AND LETTERS OF CREDIT ISSUED AGAINST SKR’S UNTIL THE INTERNATIONAL RATE IS RELEASED
2-10-2014 Intel Guru Okie_Oil_Man THERE ARE A GREAT DEAL OF SPECULATION ABOUT ACTIONS AND INFORMATION THAT TOMORROW [MONDAY] IS SUPPOSED TO BRING TO LIGHT—WE SHALL SEE.
2-9-2014 Newshound Guru Kaperoni Article: “Inch: banking systems in Iraq Systems backward” Through the reconstruction of the banking system, Iraq is preparing the Capital Account. This is the key for us to see the CBI transition out of the pegged regime and into Article VIII and a float. So…before all these banks that are lining up to bring money into Iraq for investment can go forward, the CBI is going to have to get off the peg and into the float prior. What we are seeing in Iraq now is them lining up all the capital (by increasing the banking capital minimum, foreign banks opening, improving the technology and conditions, etc.) This is not going to sit idle very long.
2-9-2014 Newshound Guru Kaperoni This quote…clearly confirms this…”There are risks to opening the capital account before adopting a flexible exchange rate”. In other words, you cannot open the door to investors (Capital Account) before you get off the peg. And if you try, everyone may pull out on you. I also think the article today from the World Bank confirms that they want the the CBI to get ready…Article: “NET and the World Bank to discuss activating the permanent development of the banking system”.
dinarguru
