Iraqi Dinar Guru opinions 5-24-15
Iraqi Dinar Guru opinions 5-24-15
5-24-2015 Newshound Guru Millionday Article quote: “Your national team revealed preparing promotion of the private local and industry sector strategy, on Saturday, about the government’s intention to launch the strategy next week” [the ink looks like it is showing us the beginning of the revalue?] THE INK IS SHOWING US THE LAUNCH OF THE INTERNATIONAL BANKS — THE PREPARATION OF THE REDUCTION OF THE PARALLEL CURRENCY MARKET —THE LAUNCH OF THE INDUSTRY AND PRIVATE SECTOR — TAXES /CUSTOMS/PRODUCT PROTECTION/AND MARKET EXPORTING — AND THE MOVEMENT OF BUDGETED MONEY. ACCORDING TO REPORTS — ALL OF THIS IS PLANNED WITHIN THE NEXT WEEK…
5-4-2015 Newshound Guru Millionday ACCORDING TO WHAT WE ARE READING THEY HAVE A TIMELINE FOR SO MANY LAUNCHES TO OCCUR NEXT WEEK. HOWEVER WE HAVE TO WATCH THE ACTION. [If the are planning in launching this next week, will the have the laws voted in place by then?] I WOULD ASSUME THEY EXPECT TO HAVE ALL PERTAINING LAWS IN PLACE FOR THIS ALL TO BE ACCOMPLISHED. [launch as in activate?] YES. I AM EXCITED TO SEE WHAT HAPPENS.
5-24-2015 Intel/Newshound Guru Poppy3 Article quote: “Your national team revealed preparing promotion of the private local and industry sector strategy, on Saturday, about the government’s intention to launch the strategy next week” their PLAN IS MAY AND THEY SAID IT IN INK…AND ALL THIS WONDERFUL NEWS NOW SAYING LAUNCH NEXT WEEK…WOW, WOW, WOW.
5-24-2015 Intel Guru Jester [all I really want to know is date and rate…] RATE… NOT WHAT YOU ARE HOPING FOR… NOT WHAT YOU ARE EXPECTING… DATE… BETWEEN NEXT WEEK AND NEVER… HAHAHAHA. ALL THE PUZZLE PIECES SEEM TO BE IN ORDER… THE FLY IN THE OINTMENT RECENTLY IS THE APPEARANCE OF THE SO CALLED OVERPRINTED DINAR… AND WHAT THEY HAVE DECIDED TO DO ABOUT IT… BUT ALL THE PIECES ARE THERE… AND THE PLAN IS MOVING FORWARD…
AT A HIGH RATE OF SPEED. IT IS NOT GOING TO PLAY OUT LIKE EVERYONE THINKS…
5-23-15 Intel/Newshound Guru Poppy3 I REPORTED TWO MONTHS AGO THAT HAS NOT CHANGED…INFORMATION FROM THE BEST SOURCE EVER…SAID [MEETING OF] ALL IMF,WORLD BANK, ABADI , JOBORI AND THE LEADERSHIP STAFF OF CBI INCLUDING DR SHABIBI TOOK PLACE…AND THEY COVERED THE LIST OF ALL ITEMS THAT NEED COMPLETING STEP BY STEP TO MEET ALL REQUIREMENTS. THEY THEN DID SOMETHING THAT THEY NORMALLY…HAD NEVER DONE…THEY PLEDGED TO ONE ANOTHER TO EACH DO EVERYTHING THEY MUST DO TILL THEY COMPLETE THE LIST, THEY SHOOK AND THEN HUGGED ONE ANOTHER ON THE AGREEMENT. (THAT HAD NEVER BEEN DONE BEFORE).
5-23-2015 Intel/Newshound Guru Poppy3 THE VERY NEXT DAY ABADI ANNOUNCED THAT THE GOI AND CBI WILL WORK TOGETHER TILL ALL REQUIREMENTS ARE COMPLETED. THEY HAVE HAD MEETINGS EVERY DAY SINCE WITHOUT A DAY OFF. THE SOURCE SAID…WHEN THEY FINISH WE WILL SEE THE NEW RATE REGARDLESS OF TIMING OF RAMADON, HOLY DAYS, END OF QUARTER, BEGINNING OF QUARTER, NEW YEARS ETC. I AM VERY ENCOURAGED AND EVEN GETTING EXCITED BECAUSE INDICATIONS ARE THEM SAYING THEY WANT TO FINISH IN MAY APPEARS VERY ATTAINABLE.
5-23-2015 Intel Guru Frank26 The MR [Monetary Reform] at this moment in our known time is vibrantly LOUD! THEY ARE GETTING IT DONE.
dinarguru
The news is telling us that because of the terrorists in Ramadi and Anbar, the Sunnis and Shiites are finally coming together and because D.C. is requiring Iraq to pass the National Guard Act, the Iraqi Parliament completed its second reading of the law yesterday! Yay! Its motivation was that the military needs weapons and D.C. would not give any more weapons until the National Guard Act is passed. That brings ALL fighting forces in Iraq under one chain of command and makes the Iraqi government fully accountable to the United States for these weapons. Here is the big deal about that:
The National Guard Act indirectly implements Article 140 pertaining to the Kurdish territories (disputed territories) in Kirkuk primarly. This nearly resolves that long standing problem, more unity! We get two prizes for one effort. (it also brings together the Sunnis and Shiites)
The Parliament is close to passing the Federal Court Act as well. This is needed before the government can release Sunni prisoners who were wrongly imprisoned over the last eight years (about 120,000). The passing of the Federal Court Act paves the way to pass the Amnesty Law, Accountability & Justice and the De-Baathification Law.
We still need to see the HCL (Hydrocarbon or Oil & Gas Law) passed.
The articles on the 50,000 Dinar note (or coin) recently started coming from the CBI, so now I can believe that the CBI is going to use these as a temporary measure to reduce the note count and get some consumer spending moving. At first I thought this was inflationary and the CBI wasn’t going to do it, but now I can see it has been part of the plan since 2011. This will allow the 5,000, 10,000 and 25,000 notes to be replaced with the 50,000 note (or coin). Remember this is only temporary (my guess is three months), and I think the notes are ready to be put in circulation as early as this June, in a couple of weeks.
Watch very closely after this happens, you will see restrictions on the use of the US Dollar in Iraq and eventually, a near total ban on the USD in Iraq (pre-RV). Maybe the CBI issues a 100,000 Dinar note (or coin), I don’t know, I don’t care, what we need to understand is that this is good news because it shows that the process of monetary reform is underway. As stated by Dr. Saleh, this is the path toward “deleting the zeroes” and revaluing the currency (increasing the value against the USD).
Was the National Guard Act passed today? I’m optimistic even if we have to wait a few more days. It seems like this is not related to anything we care about, but it really is because it makes way for more stability and what we want, a stable economic environment leads to a revaluation of the Dinar.
My personal speculation aside from the news is that we may also see talk in the news of the completion of bank mergers in Iraq. This may happen so that some of the banks can satisfy the liquidity requirements of phase three (underway now). Some banks are not able to meet these requirements so a merger keeps them in business. I think when we see news on the completion of bank mergers in Iraq, we are days or weeks away from the revaluation.