Iraqi Dinar Guru opinions 5-14-15
Iraqi Dinar Guru opinions 5-14-15
5-14-2015 Newshound Guru Mailman17 FOR A 50 DINAR NOTE SUPPOSEDLY NOT IN SERVICE AS OF MAY 1ST, YOU WOULD THINK THE CBI WOULD UPDATE THEIR WEBSITE REGARDING SUCH A BOLD MOVE IN MONETARY POLICY. THE MANY FORUMS ON THIS INVESTMENT HAVE BOOTS INSIDE IRAQ YET NO ONE CAN PROVIDE A PICTURE OF THE NEW 50 SUPPOSEDLY REPLACING THE OLD ONE. THE OLD 50 IS STILL AN ACTIVE NOTE ACCORDING TO THE CBI WEBSITE. A 50,000 LET ALONE A 100,000 NOTE INTRODUCED AT 1166 DOES IRAQIS NO GOOD AT ALL, ESPECIALLY IF THEY WERE INTENDED TO DRAW IN THE REMAINING 250, 500, 1000 ECT. AT 1166 THAT WOULD MEAN YOU COULDNT BUY ANYTHING LESS THAN FORTY SOME ODD BUCKS UP TO 80 BUCKS PLUS, UNLESS YOU USE U.S. DOLLARS WHICH WE KNOW THEY ARE TRYING NOT TO DO. FLOATING THE PRICE AGAIN DOES NO GOOD IF YOU DONT HAVE SMALLER DENOMS IN PLAY SO..
5-14-2015 Newshound Guru Mailman17 I TAKE THE 50,000 AND 100,000 THEORY WITH A GRAIN OF SALT CONSIDERING MOST OF THE JIBBERISH REGARDING THEM COMES FROM NOBODYS IN SOME COMMITTEE OR A STRAY MP WHOS OPINIONS MEAN NOTHING. AS FAR AS NOTE COUNT, IT HAS ALREADY BEEN STATED IN THE PAST THAT THE LOWER DENOMS IN PLAY RIGHT NOW ARE FAR AND FEW APART WITH MOST IRAQS USING TAPED ONES TO PURCHASE ANYTHING. IRAQ WILL NOT TELL THEIR PLAN IN ADVANCE AS TO THE RATE INCREASE, AND A FLOAT IS NOT AN OPTION DUE TO NO LOWER BILLS INTRODUCED TO COVER IT. THEY MUST COME OUT STRONG AT LEAST AT A 1-1 TO COVER THE VALUE OF THE NEW 1,5,10 ECT. AND MAKE THEM USE THE DINAR IN THE MARKETPLACE. A 50 THOUSAND AND HUNDRED THOUSAND WILL NOT DO THAT.
5-14-2015 Newshound Guru Mailman17 PLEASE BE AWARE THAT WE HAVE ALWAYS KNOWN FROM DAY ONE THAT MISINFORMATION WOULD BE AT ITS HIGHEST LEVEL AT THE END OF THIS RIDE. LOOK AT THE WHOLE PICTURE AND JUST NOT A CORNER. ART 8 WILL REQUIRE AT LEAST A 1-1…AND A FLOAT JUST OPENS UP THE FLOODGATES FOR THE BIG SHARKS TO TAKE ADVANTAGE OF NOT ONLY THE DINAR AS A CURRENCY BUT THE ISX AND THE BONDS. THESE BONDS WILL NOT GO AT 1166, AND NEITHER WILL THE CURRENCY OR STOCKS. SECURITY IS A MUST, THAT I AGREE, BUT I ALSO THINK THEY ARE FARTHER ALONG WITH THAT INCLUDING MOSUL THAN THE MEDIA PUTS IN PRINT AND ABADI HAS ALSO STATED ISIS WILL NOT STOP THE MR [MONETARY REFORM]…JMHO
5-14-2015 Newshound Guru Breitling Everyone is wondering about the 50K note and what’s going on…There are articles out there talking about 50K notes, in fact I just got another one this morning…not only that but they’re thinking about coming out with a 100K note. So at 50K you’re looking at a completely different pace. That’s an indicator. Are they reducing the note count? YES they are. If they come out with a 100K note are they reducing the note count? YES they are. But their agenda and how they are going to let the value come out and the pace is completely different and that is why you have to watch this stuff and understand the note count.
5-14-2015 Newshound Guru wmawhite [I recall hearing some time ago that when it got close they would be throwing out all kinds of mis info and it seems like that’s all we’re getting lately.] …there is no reason for “mis-information”. think about it…what we are hearing now is about the currency the citizens will have. The CBI/GOI/Parliament will need the citizens to be well informed with correct info in advance of it. None of this is mis-information and it is NOT about the yet to come international exchange rate. If this was mis-information it would be like an airline that needs to get their flights boarded and off on time telling the passengers to go to the wrong boarding area.
5-14-2015 Newshound Guru Millionday Article quote: “Abdul-Razzaq al-Saadi, that the stock market will rise in the next month, influenced by news of Iraq for a loan from the World Bank as well as…The improvement in the financial situation of the country. He said al-Saadi’s (IMN) that “the entry of the 13 private company traded on the Iraq Stock Exchange, trading rates will live.” THE FINANCIAL SITUATION OF THE COUNTRY WILL IMPROVE AND ALSO — THE ENTRY OF 13 PRIVATE COMPANIES WILL BE TRADED AND RATES WILL BE LIVE — HOW MUCH CLEARER CAN IT BE. THE WORLD BANK IS READY TO HELP IRAQ MOVE FORWARD FINANCIALLY…
5-14-2015 Intel/Newshound Guru Poppy3 all news INDICATING THE CHANGE IN VALUE CAN CHANGE AT ANYTIME AND THIS HAS BEEN TRUE FOR THE LAST FEW WEEKS. SOURCES HERE AND THERE ALL AGREE THIS PROCESS IS IN FULL AHEAD MOTION WITH NO ONE THINGS HOLDING THEM UP. ALL NEEDED FOR THE NEW RATE IS ALREADY COMPLETED… ALL THEY NEED IS IMPLEMENTATION AND MUCH OF THEM WILL OCCUR TOGETHER. I DO KNOW SOME FURTHER BANKING CHANGES ARE BEING MADE THIS WEEK BUT HEARD THEY ARE NOT CHANGES THAT THE NEW RATE WOULD BE HELD UP FOR. TIME WILL TELL BUT I AM VERY RELAXED WITH ALL NEWS BEING IN OUR FAVOR.
5-14-2015 Newshound Guru Enorrste I believe that the case has been presented now that both a 50000 note and a 100000 note will be issued with the specific purpose of reducing the amount of paper in circulation. Neither note will change the money supply or cause inflation. They won’t be “given out” but instead will be “exchanged” evenly for an equal amount of smaller denominated bills. Those bills will be destroyed, thus reducing the paper from 4 billion pieces to 1.8 billion pieces. Only AFTER that process is complete will the CBI allow the float to begin, in my view (or at least after a good amount of the paper is destroyed). Then the dinar will begin to rise in value and, as it does, the new 100000 and then 50000 notes will be the first to disappear. They will, then, live a short but effective life in preparation for the “remove the 3 zeros” project to come to fruition. In my view, assuming the notes come out shortly, we should see the beginning of the rise in the value of the dinar later this year.
5-13-2015 Newshound Guru Millionday [So is ISX going to feed into Nasdaq or stay independent?] ISX WILL REMAIN BUT NOW THEY HAVE A SECONDARY MARKET THAT WILL ALLOW INVESTORS TO INVEST IN THROUGH BROKERS OR NASDAQ AND OTHER PRIMARY MARKET BROKERAGES — THIS IS AN EXPANSION ON THEIR CAPABILITIES AND ALSO THEIR REVENUES FOR THE COUNTRY OF IRAQ AND THE PUBLICALLY LISTED COMPANIES
5-13-2015 RUMOR Guru Bottom line – it’s been stopped again once or maybe twice, but it’s back on again as we speak. East to West, Iraq is continuing to prepare, and they are ready to go. They have everything ready and waiting for when the US will say Yes. They have a holiday that starts today. It would have been nice to have the RV before, and it would still be nice to have it during a slow time. In the USA, they have asked for it to be delayed twice in the last 50 hours, with the intent to let it go through. They have agreed to another quick timeline. That is based on internal agendas of the US administration. Bank screens have been up and down, with a lot of trading last night. That was another attempt to go forward. It was a pause, not a stop, as we understand it. Banks are ready, have called folks in both times and done all their work and are doing it again as we speak. [What are the current rates?] Dinar = $4.67 , zim = 19 cents , rupiah = 1.18/1.19 , dong = $2.27; those are the international rates. I hope the US will allow this to go through very soon.
5-13-2015 Intel/Newshound Guru tman23 Funny when people say nothing happening… Iraq all talk no action! Fact is they are fighting for their mere existance as a country… They are fighting for a democracy and met with internal and external resistance… The appearance of the World Bank, the IMF, the UST, an announcement of application for Credit Rating… The appearance of Shabibi at the financial table…the announcement of a “new currency” the announcement that the new currency must come first as a prelude to lifting the 3 zeros… the announcement of pulling the existing 50 from circulation… the announcement that the new currency is ready for implementation… NA….Nothing going on…So turn the channel to another page for the comedy act…evidently some seek entertainment and not facts…
5-13-2015 KING of RUMORS Guru Today is Wednesday, May 13, 2015. We are here once again, but I am comfortable in telling you we won’t be here much longer. They did initiate the process last night and bonds were traded. Iraq has an A rating for the currency, and they could not have that without an international currency. A lot of people knew it was supposed to go between 2 – 5 am this morning. The process did start and was stopped before it could complete. The US stopped it; we don’t know the exact reason, but it’s been resolved and they will try again. It is scheduled already to go again and we’ll see if it makes it through this time. They say they will let it go through, and this morning the numbers were changing in the system. Everyone is very excited from yesterday morning, and we were waiting all day. Banks called in people and they have already rescheduled those people. We are really, really close…
5-13-2015 Newshound Guru Adam Montana […from the current progress and in your honest opinion, do you think they can have the HCL before Ramadan (from mid-June till mid-July)?] Can they? Absolutely. Will they? Possibly.
5-13-2015 Newshound Guru Bondlady I feel like if they bring out the 50 k note it will give them time to drag in a lot more 250, 500, 1000, 5 and 10k notes, letting them use the 25k and 50k abundantly, all the while pulling in massive amounts of the smaller than the 25k notes. Since they already released the new 25 k notes…which should cause the rate to increase over time as they take in all these other notes…as they withdraw the notes …less in circulation …rates increase imo. Just like its done throughout the years all the while the tariffs and other fee’s charged by the state and all the new contracts as well and pumping more oil now than Saddam ever did…to me this all increases the exchange rate.
5-13-2015 Newshound Guru Bondlady All of these things contribute to raising to the rate on notes we hold. Like I said above a slow grow, this is like owning stock in a company and as the company grows so does the value of your stocks! It is also my opinion that they are doing this to make them stop using the dollar. They would carry less notes with the 50k. One of the reasons they used dollars anyways and that also to me would cause the rate increase on the dinar… less dollars more dinar….and reason enough to do it. It looks more and more to me like no straight up RV but steady growth like it’s been but on a quicker scale than before because they pull in a huge amount of notes lower than the 25 and 50k.
5-13-2015 Newshound Guru My Ladies I WOULD LIKE TO COMMENT TO [GURU] BONDLADY PLEASE, YOUR ANALYSIS IS DEAD ON AND THEY HAVE TOLD JUST WHAT YOU EXPLAINED. HERE IS JUST ONE CURRENT PIECE OF THE MANY TIMES THE CBI TOLD US WHAT THEIR INTENTIONS WERE. IT IS NOT A MISPRINT, IT IS NOT MAKE BELIEVE IT IS ACTUALLY OCCURRING AND IT IS NOT SCARY IN FACT IT’S GENIUS. THIS IS ALL PART OF THE MONETARY REFORM AND IT IS A GOOD THING. THIS IS ACTUALLY BRILLIANT ON THE CENTRAL BANKS PART. IRAQ HAS ACCOMPLISHED SEVERAL THINGS WITH THIS 50K NOTE, THEY ARE INCREASING MONEY SUPPLY WITH OUT INCREASING NOTE COUNT. THEY ARE CURBING INFLATION. AS IRAQ GROWS THEY ARE GOING HAVE TO INCREASE MONEY SUPPLY WHICH THEY ARE DOING NOW. THE SAME NOTES WILL SERVE AS THE LOWER NOTES WHEN THEY REMOVE THE ZEROS FROM IT DURING THEIR CURRENCY REFORM.
5-13-2015 Newshound Guru My Ladies THE 50 DINAR NOTES THEY CANCELLED FROM CIRCULATION FOR GOOD ALLOWED THEM TO BE ABLE TO DISTRIBUTE THE 50K WITH OUT INCREASING NOTE COUNT. IT IS JUST IN MY THOUGHT PROCESS BUT I THINK IF THEY DECIDE TO DISTRIBUTE THE 100K THAT THEY HAVE THEY WILL DO THAT AFTER PULLING IN THE 250 NOTE. SO WE JUST WAIT AND WE WATCH WHAT HAPPENS. IN ANY EVENT THIS WILL NOT AFFECT US AND THE NOTES WE HAVE. THIS IS A GOOD THING AND AS THEY HAVE SAID A NECESSARY STEP IN THE MONETARY REFORM AND THEN LATER WILL BE INSTRUMENTAL IN THE CURRENCY REFORM. GIVE IRAQ SOME CREDIT PLEASE EVERYTHING THEY DO IS DELIBERATE AND VERY WELL THOUGHT OUT. THIS 50K MOVE IS GENIUS…I SAY [GURU] BONDLADY WONDERFUL JOB EXPLAINING THINGS, THANK YOU.
5-13-2015 Newshound Guru Adam Montana I don’t have any secret intel today. (If I did, I couldn’t share it anyway!). It occurs to me that people tend to get hung up on the small details a lot of the time, and they forget to look at the big picture. The money that comes from oil is mind-boggling. They don’t have to live by our “logical” terms, and they won’t do business or maintain their money on our terms either! The potential for Iraq to soar far beyond anything we can currently imagine is astounding. The potential for wealth simply by putting their feet down and announcing to the world “OUR CURRENCY IS NOW 100X STRONGER” is real… I’m in for the long haul on this one, my friends. I don’t expect an RV of $15 …but you can bet…I’m sticking around long enough to see a good profit on my little gamble here. I’ll see you at the finish line, and hopefully not too far from now.