Iraqi Dinar Guru opinions 2-3-14
Iraqi Dinar Guru opinions 2-3-14
2-3-2014 Newshound/Intel Guru BGG Article: “35 trillion dinars in circulation” HUGE ARTICLE!! Looks like to me, they are looking to reduce the amount of currency in circulation. This says good things for us in the future. Once you get past the “timing issue” – there is no way they are lining up for a LOP.
2-2-2014 Newshound Guru Millionday [since they need a reality rate to get into the WTO and the workshop is set up for march is there a good chance of an RV before march?] in order to take part in trade with the organization wto — they have to have a reality rate to make it competitive by international compliance. [with all the progress, what do you see as the key to RV?] the acceptance of all they want listed on the isx — and i have always believed that an event this large has a set date. i have been looking for clues of what that date is and it seems that they are in a huge hurry at this point. the one thing that excited me — well i should say just one of the things is that Najafi held a closed door meeting with parliament yesterday and included all leaders etc. and resolved as they reported the budget. [the stated reason for the meeting was specifically the budget?] yes.
2-2-2014 Intel Guru Delta URGENT FROM IRAQIA TV: FINANCE COMMITTEE CALLS THE GOV TO FORCE INVESTMENT COMPANIES TO TRADE IN IQD. (What does that mean?) THE ONLY WAY FOR THOSE COMPANIES TO USE DINAR IT HAS TO BE TRADABLE. MORE VALUE RV…YOU CAN SAY ARTICLE 8.
2-2-2014 Intel Guru SteveI [do your sources think Maliki is holding things up?] It is not any one person but rather many groups that can not agree on anything. I am still looking a maybe the first quarter of this year or perhaps mid summer at the latest.
2-2-2014 Newshound Guru Kaperoni Article: “35 trillion dinars, the volume of cash in circulation” …the very principles of the currency auction tell us that dinar has to remain in circulation until they begin the transition. Remember that the Auctions primary purpose (and the CBI’s) is monetary stability. That is achieved by a balance of currency dinar to dollar. If one or the other depletes, it creates demand for that currency. Therefore, if the dinar was being significantly removed, a substantial amount of pressure would be on the dinar value to rise in the market.
2-2-2014 Newshound Guru Kaperoni …We know based on the auction results that in fact, just the opposite is occurring…that the CBI cannot maintain the desired 2% spread and in fact the dinar is getting weaker. And the suggestion of selling gold or bonds for monetary policy supports that information. Back in 2012, an article or two came out that Shabibi removed 12 trillion dinar through the auctions over a 3 month period…much of which I am sure went back…for salaries, etc.
Guru Critic, Do yourselves a favor and Google: “Global Currency Reset”. Read the first few articles and then you tell me that the GCR is a good thing. I know they are written by some “conspiracy type” people, but it’s worth the read. Have a great day!
dinarguru
