Iraqi Dinar Guru opinions 2-25-15
Iraqi Dinar Guru opinions 2-25-15
2-25-2015 Newshound Guru Enorrste Article: “Experts: Central Bank faces the problem of the shortage of foreign currency and claiming to reassure customers” Can you imagine the reaction of a local Iraqi businessman when he goes to the bank to buy some dollars and is told that they don’t have any? What else could he do except use dinars, right? Talk about turning the tables quickly! Sure, some will find ways to get dollars from other sources, but not nearly enough. Eventually, and probably sooner rather than later, people will realize that they have to use their own currency. This will stabilize the market, at which point the CBI will be in position to allow the float. As some have suggested, they may not even make a big thing about it. The value of the dinar will just begin to rise, and the official rate will rise with it. Of course at some point they will have to drop the fixed official rate.
2-25-2015 Newshound Guru Enorrste The foreign remittances issue means that dollars can still be had by locals, IF they can find foreigners who will accept the dinars in trade. This is the crux: getting the dinar to be accepted as an international currency. It could be a jerky road, but I think that the CBI is convinced that there is sufficient backing of their currency to see this through. Hold on to your hats! The next few turns could be scary.
2-25-2015 Intel Guru Frank26 Most alphabet agencies are still in Iraq. The World Bank did a lot of work last week. The BIS did a lot of work this week. The CIA was in Iraq (as reported in the press) and other related agencies that protect and help out. Everyone knows what is about to happen with Iraq. There is a UNITY in the middle east…working together. Amazing. THREE FACTORS will affect our investment. #1 – The American Dollar going up in value. #2 – The American Economy going up #3 – Oil prices will go down. All 3 occurred and helped to accomplish the mission…laws in the budget (over a thousand of them) needed to be in place to ACTIVATE the budget. The HCL is my favorite. The budget approved, passed, signed and in the hands of the Gazette. Forget about the dates things should appear in the Gazette. The budget is published and will be shown to the world at their [Iraq’s] pace. The laws are in the budget but the budget is NOT activated. Published but not ACTIVATED.
2-25-2015 Intel Guru Frank26 They are working on the math right now and they don’t want you to see anything right now. The budget is set at $60 a barrel. Anything past $60 a barrel is going to be fantastic! iTeam was called back from SA for a specific role…to protect Shabbi (in doing so you protect the budget) …mathematics orchestrated by Shabbi. We asked them “Do you think the RI is in motion?” Usually they don’t say but this time they said “yeah…maybe.” Please pray for them and their safety. iTeam has told us that we have a “back-wall.” That back-wall is a week from [Monday]. The budget is at 1166 and that’s ok because that is the only way they could open the budget …they have to activate the laws. We are looking for a law…the one on March 1st…tariff and tax laws…perhaps a rider to be “activated” on March 1st. iTeam says Shabbi will not talk…he is there to complete the budget…but it’s all contingent on the taxes and tariff laws coming out [approximately] 1st of March. Shabbi will have the budget retro back to January 1st once ACTIVATED. The date and the rate will come at the same time in the still of the night most likely on a Tuesday or a Thursday. Iraqi TV..on the TV…ticker tape shows they are getting ready.
2-25-2015 Newshound Guru My Ladies THE BUDGET IS PUBLISHED. WE HAVE SOME CLARITY ON THE AUCTIONS, THEY HAVE NOT STOPPED ALL TOGETHER. THEY JUST STARTED USING THE NEW MECHANISM TODAY APPARENTLY, AND WHAT THE NEW MECHANISM IS HAS TO WITH HOW DOLLAR IS PURCHASED. THEY ARE TRYING TO ELIMINATE MONEY LAUNDERING SO YOU CAN NO LONGER JUST SHOW UP AND MAKE EXCHANGES IN CASH OR DINAR. THEY WILL SELL THE DOLLAR AS FOREIGN CURRENCY FOR THE PURPOSES OF TRAVEL MEANING IN LIMITED SUPPLIES AND WITH A PAPER TRAIL, YOU NEED TO HAVE A WHAT THEY CALL MONEY ORDER IN ORDER TO PURCHASE ANY CURRENCY. THE CENTRAL WILL LIMIT THE TOTAL SOLD DAILY TO 75 MILLION AND THERE WILL BE A TIGHT PAPER TRAIL.
2-25-2015 Newshound Guru Millionday [Do we know for sure the whole budget has been printed in the Gazette?] THEY STATED IT WAS…HERE IT IS “Number (4352) to ensure the doors of the budget disbursement for fiscal year / 2015 Iraqi Gazette newspaper published the general budget of the Federal Republic of Iraq” BOTH CHAPTERS… THIS IS THE FORMAL SITE…THERE IT IS.
2-25-2015 Newshound Guru Adam Montana This week is an interesting one. The budget is 100% done, which is exactly what we want. The CBI is mucking around with their auctions… and there’s a ripple effect happening right now, which will have an impact on the ISX and a lot more… but the fact that the CBI is changing things up has me asking questions, and I’m getting some VERY interesting responses. [ it appears that the budget has been passed and published in the Gazette. You have always talked about hca, budget, hcl and then rv. Would the hcl language be covered in the passed budget or should we be looking for an explicit law that will be passed and then also published in the Gazette?] It does appear that there was HCL-specific text in the budget, but the HCL has to be passed on it’s own. In other words, the budget supports the HCL, but the HCL will be a completely separate deal. With any luck, it will be dealt in short order!
2-25-2015 Newshound Guru Adam Montana [Do you think the Dinar will come out at 1166 in a FLOAT?] I don’t see them doing that… [Do you think we will have RV by the first quarter (March 2015)? Also saw articles in regards to the HCL and wondering is this the hold-up of the RV?] I certainly hope we’ll see the RV here in the first quarter, and yes the HCL is the holdup. [The biggest news this week seems to be CBI stopping their daily currency auctions.] I love it when the CBI starts playing with things. It means they are getting ready to do something! I have a feeling that I’ll be getting some feedback here shortly, and at that time I’ll do another “driveby” or formal post…With that said, I’m going to make this update short. Until that next post… hang tight, my friends! I’m just as eager as you are for some great news, and it looks like we’re closing in!
2-24-2015 Newshound Guru Tlar Article quote: “Prime Minister Dr. Haider Al-Abadi recently received in his office the director of the World Bank …On its part the delegation of the world bank expressed its intention to provide all kinds of support to Iraq and its readiness to establish programs and projects to activate public Banks, cooperate with the Iraqi Central Bank…” This is the same thing the WB did in 2010 and again in 2012. They said they would support the CBI and their deletion of the zero program with all tools necessary including loans. Maliki stopped it then but there is nothing standing in their way now except fear itself. This time they have committed and must follow through or not doing it could harm both their economy and their banking system.
2-24-2015 Bulls*** Guru TerryK THIS IS OUR WEEK…SINCE CHINA BACKED IRAQ INTO A CORNER TODAY AND SAID PLAY NICE WITH CBI AND CBI SAID OK …IRAQ CAN SUPPORT A UPPER RATE SURPASSING THE 8.16 MARK I HAVE BEEN TALKING ABOUT…KEEP IN MIND THAT THEY WILL GO INTO A FREE FLOAT AFTER A PERIOD OF TIME. VND IS LIVE NOW…THEY WILL DO AN ADJUSTMENT THIS WEEK. HEARING JUST OVER 1.00 ON VND… THEY ARE TRYING TO GET TO 2.21.
Fact check, China has nothing to do with this RV, Give one link or article that states China “backed Iraq” into a corner, just more made up BS from losing pumpers with stupid “sources”. The VND is NOT live, go to Forex and see for yourselves. How long can these pumpers keep stating this crap before they are discredited completely? Do any of you still believe this dude?
2-24-2015 Newshound Guru sczin11 THE TARIFFS MAKE NO SENSE AT THEIR CURRENT LEVEL OF DINAR VALUE…WOULDNT PAY FOR THE PAPER THE BUDGET IS PRINTED ON. THEY MUST HAVE A TRUE VALUE, AND THEY HAVE COUNTED ON THE REVENUES FROM THESE TAXES TO REDUCE THEIR BUDGET DEFICIT. THEY HAVE USED FORMULAS TO ESTIMATE THE REVENUE BASED ON THE NUMBER OF DAYS LEFT IN THE YEAR…BASED ON WHATEVER DATE THEY CHOSE TO IMPLEMENT, ACTIVATE, FUND THE BUDGET…THERE IS NO GOING BACKWARDS, AND THEY CANNOT ADD DAYS TO THE YEAR. THE BUDGET ONLY GOOD FOR THE YEAR…POSTPONING WILL BANKRUPT THE COUNTRY…THEY WILL IMPLODE. …I FEEL THEIR PLAN IS IN PLAY. THEY KNOW THE CBI MUST PROVIDE THE KEYS TO THE CAR…THEY HAVE NOT COME THIS FAR TO DERAIL!
2-24-2015 Newshound/Intel Guru Randy Koonce Again No one has cashed in. There are no #800 numbers no groups that you have to get in…Let me say where we are at this time… The pressure that was suppose to come in the 1st of February is just now getting there. 1st pressure point is the budget passed and being posted in the gazette…(this also enacted the tariff laws article 33 which was in the budget. They need an weighted currency that is international to use the tariffs… every time they were going to start the tariffs they just moved them… well the budget being passed prevents iraq from moving the date… it still has not set the date. 2nd pressure which is very big is the auctions have been stopped. (so the only way for Iraq to generate money is Auctions or Bonds and they cannot do the bonds until they have a currency above 0). From Last sunday Iraq can go about 10 days without having the auctions or Bonds…can they restart the auction, yes…but why stop them just to restart them…so this is another pressure point…
2-24-2015 Newshound/Intel Guru Randy Koonce 3rd is the banks are not getting the large bills for the last 2 weeks.. So this tells us all is ready to change the rate…and the question is will they do it…4th the salaries for Iraq to be paid.. the finance minister wants to pay salaries they cannot do that without a rate change. So the next few days are very big and tremendous pressure…So if Obama agrees that Iraq needs this done, we are out. Can something go wrong, yes but given everything that is going on we know this should be over very soon…the Auctions give us the timeline. if they get 10 days, each day after that would be tremendous pressure until they do it…And if they start the auctions up again.. we will have to wait longer. Pray very hard that they do not start the auctions. We are close.. Every large bank will exchange…Breathe…
2-24-2015 Intel/Newshound Guru Backdoc IMO GREAT INFO THE PAST FEW DAYS AS WE SEE THE MANY THINGS COME TOGETHER LIKE A HAND IN A GLOVE! I LIKE THE COMMITMENT OF CROSSING THE LINE IN THE PROVERBIAL SAND ON STOPPING OF THE AUCTIONS! “A NEW MECHANISM” IS NOW THE NEW ORDER!” NOT ONLY DID THEY STOP BUT FOR SOMETIME BEFORE THEY STOPPED WE SAW LOWER NUMBERS! VERY CLEVER AS THE CBI BEGAN EARLY TO BLEED THE DOLLARS OUT OF THE PUBLIC FLOAT AS WE SAW COMPLAINTS OF LACK OF CASH DINARS AND DOLLARS!
2-24-2015 Intel/Newshound Guru Backdoc WITH A BUDGET WAITING TO BE FULLY IMPLEMENTED WE ARE IN A GREAT SPOT! EVERY DAY THERE IS NO CASH THE ECONOMY GETS TIGHTER AND TIGHTER! THE HUNGER FOR CASH WILL GROW UNTIL BING BAMM BOOM IS RELEASED IN ONE BASKET! WITH A FRENCH AIRCRAFT CARRIER HANGING OUT FOR SUPPORT, THE UST BOYS PUTTING THE HOUSE IN ORDER AND A HEIGHTENED LEVEL OF ATTACKS ON DASH WE ARE SPRINTING TO THE FINISH LINE! AS I RECALL WE HAD ARTICLES CONFIRMING THE TARIFF AND TAXES LAUNCH ON MARCH 1ST? AS I SEE IT WE NEED TO SEE A RATE ON OR BEFORE THAT DATE OR IRAQ WILL SIMPLY SIT AND WAIT DEAD IN THE WATER TILL THERE IS ONE!
Fact check, CBI announced in multiple articles TODAY, that they have not stopped the sale of the Dollar in auctions, how they will go forward remains to be seen, but I check the Arabic CBI site on a daily basis, nothing showing yet.
2-24-2015 Intel Guru Frank26 I LOVE WHEN THEY HINT! Of course they do. It’s called the 4th part of the HCL and is buried in the 2015 budget. LAWS and NEW MATH are turning the budget from 11 years as a caterpillar to a Butterfly.
2-24-2015 Newshound Guru Millionday IRAQ IS OFFICIALLY TRYING TO JOIN THE ORGANIZATION THAT PROTECTS COUNTRIES FROM TAX EVADING THAT HAS JUST RECENTLY BEEN OUT IN PLACE — MEANING IT WILL NOT BE A TAX HAVEN FOR US CITIZENS OR ANY OTHER COUNTRIES. THIS MEANS THAT THEY ARE PUTTING INTO PLACE THE LAWS THAT KEEP AMERICANS ETC FROM HAVING ACCOUNTS OF CASH THAT THEY DONT PAY TAXES ON WITHIN THE US ETC. …I SAY THIS IS HUGE — WHY WOULD THEY NEED THIS TO BE APPLIED AND BE A PART OF IT UNLESS THEY WERE GOING TO BE INTERNATIONALLY RECOGNIZED? WHOOOPOW.
2-24-2015 Newshound Guru Tlar Article quote: “Mostafa Hashemi raised the issue of a study on Iraq’s accession to Vta agreement…discussing the Ministry of Finance this issue with the government banks and the taxes and insurance companies.” known “Alvta” which is an acronym for Foreign Account Tax Compliance Act as measures limiting evade US citizens from paying taxes to the government…” I wonder if the fact that Iraq has not signed off yet to FACTA that this might be a reason to hold them up until they do? Is the US muscling them into signing by not letting them finish their conversion until they do? To our treasury department, this is a very important issue because of all the tax it stands to collect from this unique, one time event. There is only one way that the Treasury can be assured of getting a handle on this and that is to get a complete accounting of any US citizen attempting to cash in Iraq by opening an account. Just a coincident that these two events, Iraq looking as if their stalled in their transition and the FACTA issue being brought up at this time. Might these things be connected?
2-24-2015 Intel/Newshound Guru tman23 Article quote: “{Baghdad: Euphrates News} central bank, announced Tuesday, to stop work and currency auction system”…AND…begins remittance system…THIS IS THE WHISPER OF INTERNATIONAL!
2-24-2015 Newshound/Intel Guru BGG to address…ISIS being some “hold-up” – my info and sense might lead me to the exact opposite conclusion – ISIS may well be a “catalyst factor” to a more immediate RV… further – I am suspicious the budget has been “slow walked” because they just don’t have the $$…some time ago I mentioned they had applied for loans everywhere – knowing this was coming. It may be they haven’t gotten the support they need to “cover” (which I’m thinking is the case) and had to “slow the process”…
2-24-2015 Newshound Guru Millionday ABADI IS TAKING CARE OF THE HCL — FINISHING THE AMENDMENTS ACCORDING TO THE MEDIA. IRAQ AND KURDISTAN HAS ACCEPTED WHAT HE HAS AMENDED. THE AGREEMENT THEY MADE IS APPLIED IN THE NEW AMENDMENTS. IT CONTAINS THE DISTRIBUTION OF WEALTH AS AGREED — GREAT NEWS. THE LAW WAS SENT TO PARLIAMENT AS IS EXPECTED TO BE VOTED THROUGH. [do you think oil & gas law will be in parliament tomorrow (Tuesday)?] THEY STATED THAT WHEN IT WAS READY THAT THEY WOULD BE HAVING AN EMERGENCY MEETING SO EVEN THOUGH IT IS NOT ON THE AGENDA…– I WOULD NOT BE SURPRISED AT ALL.
2-24-2015 Newshound Guru Millionday [Did we get confirmation that the rest of the budget got into the Gazette?] YES THEY ANNOUNCED THAT THE ENTIRE BUDGET HAS BEEN PRINTED — ACCORDING TO A COUPLE REPORTS…SO ACCORDING TO THEM IT HAS AND IS TO BE ACTIVATED NOW AND DISTRIBUTIONS WILL BEGIN THE BEGINNING OF THIS WEEK. [ if the whole budget has been placed in the Gazette, doesn’t that mean that the CBI has to fund it in the next 24 hours?] NO IT MEANS THAT THEY WILL BEGIN AND THEY HAVE STATED THAT THEY ARE AT THE BEGINNING OF THIS WEEK.
dinarguru
