Iraqi Dinar Guru opinions 4-15-15
Iraqi Dinar Guru opinions 4-15-15
4-15-2015 Intel Guru Frank26 Many of you look at that currency and say they are going to remove these zeros (3 zeros) and all I’m going to be left with is $25. No! That’s where a lot of mistakes are occurring. They’re [CBI] is not doing it from that. At this phase…part 4 of the monetary reform plan…they’ve already collected the 3 zeros [notes…10,000, 25,000, etc.]…off of the streets [in Iraq]…That phase is gone… Why do you think they’re collecting the 50? Because they’re now at the other end of the spectrum. So…before they removed the 50 they went all the way to the other end of the spectrum and what did they go to? [CBI says] 7 Coins in a few days…weeks..it’s coming!
4-15-2015 Intel Guru Frank26 The other thing that you have to understand is right now it’s no longer the physical 3 zeros being lifted. RIGHT NOW they are lifting the 3 zeros from the EXCHANGE RATE. So…what is the exchange rate? (Rounding off it’s .00086) HERE’S THE OTHER PART OF THE 3 ZEROS THAT GET PEOPLE CONFUSED… .00086 <<< see that? Take that decimal point and move it [to the right] over 3 places..which give you .86 which is what starts to match up with what’s on the spreadsheet…it started off around 85 cents. If you remove these 3 zeros…what do you get?
4-15-2015 Newshound/Intel Guru BGG Article: “Parliamentary Finance proposes to make large cash categories” quote: “expected to” measure will reduce the demand for the dollar and away by all the dollarization of the Iraqi currency and the sale, purchase, exchange and trade in Iraqi currency instead of dollars.” We believe they are saying it is not larger denominations, but smaller denominations with a larger value – 1, 5, 10, 20, 50 and 100’s…this is Iraq’s way of saying we are about to delete the zeros (through appreciation) and releasing new “higher value” bills. Further – much of the recent rhetoric is starting very much to sound like an educational campaign to their citizens. Seriously (this was part of a Shabibi plan).
4-15-2015 Newshound/Intel Guru BGG The auctions have restarted – but relax…I am encouraged. They are working hard on monetary policy. Dr Shabibi shows up at the IMF meeting in Kuwait City (for whatever reason) – the auctions restart (which were Shabibi’s main instrument). Abadi points out he’ll replace critical Maliki appointees – namely, the CBI Gov…and with the auctions the CBI pretty much has to declare autonomy from the GOI and Parliament – meaning they can’t abide by the 75 mil per day limit Parliament put on them. FYI – Dr Shabibi was also a big “separation” of the CBI and GOI kind of guy – very much into the autonomy of the CBI. This move has his prints all over it. JMHO. It stands to reason they would enlist his help – he is one of the architects of the MR plan…not impossible to think he would be a legit contender for the CBI Gov again if they remove Alak anytime soon.
4-15-2015 Newshound/Intel Guru BGG I have recently heard some people expressing frustration over “being on this roller coaster ride”… Wait a sec. No one promised us anything. We bought Dinar as an investment. The only thing it offers is a chance. I, for one – am most thankful to be in on it. Are we close? IMHO – Most likely – 2 days, 2 weeks – 2 months? Tough to say…but close. There have been way too many goings-on in the Iraqi Finance/currency world lately for there not to be something up. I even heard recently – it is likely Iraq will need to add value (while still in Chapter 8 ) to even be considered for entry into Chapter 14 – which is why I have constantly said “not to worry” – I have thought much the same all along.
4-15-2015 RUMOR Guru HIGH ALERT…SOMETHING GIGANTIC JUST TOOK PLACE IN IRAQ TIED TO GLOBAL BANKING AND INTERNATIONAL E-COMMERCE (HINT HINT) HIGH ALERT: INTEL: AS OF 10:37 AM EST TODAY THE INVESTMENT IS NOW AT THE HIGHEST LEVEL AND POSSIBILITY FOR DREAMS TO BECOME REALITY IF THE USA COMPLETES EVERYTHING THAT NEEDS TO BE COMPLETED… WE HAVE NEVER POSTED A HIGH ALERT SIGN!!! NEVER EVER!
4-15-2015 Newshound Guru Millionday DID YOU SEE IN WASHINGTON THAT THE IMF AND THE WORLD BANK IS THERE AND ALSO SO MANY ECONOMIC MEETINGS BEFORE AS WELL. IT CAUSES ASSUMPTIONS THAT THEY WILL BE INVOLVED WITH AN EVENT SO LARGE.
4-14-2015 Newshound Guru Millionday [Are we waiting for two events? 1. The RV of the Iraqi dinar, and 2. The move to an international currency. How soon after a raise in the rate will the currency be international, or will it happen simultaneously? Does the IMF have to approval of this rate make it international?] THEY ARE THE SAME THING. IF THE CURRENCY IS INTERNATIONAL IT HAS BEEN PRICED BY THE GLOBAL PRICING INDEX. THE CBI HAS THE RIGHT — INDEPENDENT RIGHT TO SET THE EXCHANGE RATES BUT WE DO NOT KNOW FOR SURE IN THIS CASE IF THE IMF WILL HAVE TO APPROVE WHAT THEY PUT FORTH.
4-14-2015 Intel Guru Delta URGENT FROM IRAQIA TV: THE COMING DAYS WILL WITNESS A NEW CLASS TRADING 50 DINAR IN LOCAL MARKET!!! WE WILL SEE WHAT HAPPEN THIS WEEK!!
4-14-2015 Newshound Guru sczin11 WE MIGHT BE SEEING IN PRINT HERE, FOR THE FIRST TIME, IN TALKING ABOUT THE POSITIONS THAT ARE TEMPORARY AND NEED REPLACING, THE ONE WE HAVE BEEN LOOKING FOR SINCE THE FIRST RELEASE, SEVERAL WEEKS AGO. Quote: “The administration positions proxy will end After the political blocs agree to provide the names of candidates to vote in the House of Representatives to fill these presidencies my own name.” IT APPEARS THEY ARE NAMING THE POSITIONS, AND THE NAMES, OF THOSE BEING QUESTIONED, REPLACED…I THINK. IT STATES THE GOVERNOR OF THE CBI, KEYWORDS, IS ONE OF THE POSITIONS THAT IS EARMARKED AS TEMP AND WILL BE REPLACED. ALI ALAQ, MOSHIN ISMAIL, WHATEVER YOU WANT TO CALL HIM TODAY, THE ACTING GOVERNOR OF THE CBI, MALIKI SUPPORTER. WHERE OR WHERE IS…SINAN AL SHABIBI, WOULD YOU SHOW YOUR FACE…OH HOW HAPPY, I WOULD BE!
4-14-2015 Newshound Guru Kaperoni Article quote: “The CBI has decided to take action to stop the decline of the dinar against the dollar in the local foreign exchange market, by doubling the share exchange companies in the Auction of foreign exchange, and open ports to sell the dollar in a number of government banks.” Since the CBI is suppose to be independent, and monetary policy is the responsibility of the CBI, I don’t see this as a problem. The cap on auctions placed in the budget is IMO a violation of that independence. That being said, the CBI seems to be “again” learning on the job at the expense of the exchange rate. It has also been implied that this is “planned.” Who knows? It could be and we may be in the process of seeing a disorderly exit from the peg to a float.
4-14-2015 Newshound Guru sczin11 I AM NAIVE, AND TRULY HAVE NO CLUE HOW TO UNDERSTAND THIS… NO LIQUIDITY, LITTLE BUDGET FUNDING, WAR TORN COUNTRY, BOMBINGS AND KILLINGS EVERYWHERE, CONFLICTS BETWEEN REGIONS, FULLY SEATED GOVERNMENT STILL IN THE WORKS, CURRENCY NOT INTERNATIONALLY RECOGNIZED, TOURISM DOWN…THE KEY TO THE VERY EXISTENCE OF THIS BEAUTIFUL NATION…TOURISM…I REPEAT IS DOWN…HOTELS CLOSING…YET, AIRLINE FLIGHTS INCREASING TO MANY NEW LOCATIONS, PASSPORT/VISA OFFICES OPENINGS, TRAFFIC LAWS/CONTROLS/SAFETY CONTINUE TO BE PASSED, BUILT, AND ENFORCED…NEW TRAINS AND SCHEDULES FROM PORTS TO MAIN CITIES ARRIVE…AND THERE IS MONEY FOR THIS? WHY? YOU MUST BE BLIND IF YOU REALLY DONT SEE THIS PICTURE, IT IS AS CLEAR AS DAY! IT CAN ONLY MEAN ONE THING…THIS IS ANOTHER AREA PREPARING FOR THE POWER OF THE MIDDLE EAST, IF NOT THE POWER OF THE WORLD, TO EMERGE, A WEALTHY, SOVEREIGN DEMOCRATIC SOCIETY, BY THE PEOPLE, FOR THE PEOPLE OF THE NEW IRAQ.