Iraqi Dinar Guru opinions 5-8-15
Iraqi Dinar Guru opinions 5-8-15
5-8-2015 Newshound Guru Millionday THEY ARE GOING TO RELEASE THE REAL RATE FOR THE DINAR IN THE COMING PERIOD — THIS APPEARS TO BE THE INTERNATIONAL EQUATION RESULT FOR THE ACTUAL RATE FOR THE DINAR — IT SAYS NOTHING ABOUT BEING AT A FLOAT OR FIXED OR ANYTHING IN BETWEEN — JUST THAT THE REAL RATE WILL BE RELEASED. CBI INCREASED THE LIQUIDITY TO GET TO THE POINT THAT THEY CAN REMOVE THE THREE ZERO CURRENCY… ACCORDING TO…REPORT…THE REAL RATE OF THE DINAR IS GOING TO BE RELEASED IN MAY… THIS IS GREAT NEWS AND A GREAT PLACE TO BE IN.
5-8-2015 RUMOR Guru Mnt Goat More on the new 50 and 100 thousand notes…these notes are for very large interbank transactions and large purchases and will eliminate having to carry around suitcases of the lower denominations (5,10,20,100,etc) once the new lower denoms are…issued and the RV pops…they confirmed for us that these large 50,000 and 100,000 are in fact not for general use by the citizens. They are a necessity and an integral part of the plan to RV. It looks like for some reason they intend to hold off on the 100,000 note for now until further notice. My guess is because to would be too easy to smuggle money out of the country using these very large notes.
5-8-2015 Intel/Newshound Guru Poppy3 FRIEND OF MINE CALLED…HE WORKS FOR HALIBURTON AND SAID A FREIND DOING EXPLORATION IN IRAQ TOLD HIM THEY HAVE FOUND A COMPLETELY NEW OIL FIELD NEVER PUMPED BEFORE AND NEVER EVEN MAPPED. MORE RESERVES.
5-8-2015 RUMOR Guru Mnt Goat The news is just pouring out of Iraq and it is all good and much in our favor that something is brewing in this RV saga. Yes – it is heating up. I am very excited! You should be too…It is now only 3 weeks until June. Will this go until June/July. Yes and the news is telling us it most likely will… I am not setting a date but I am saying Iraq needs to address demands made by the USA prior to any RV and honestly I do not see any chance of this completing until the June/July timeframe.
5-7-2015 Newshound Guru Aggiedad77 Article: “Parliamentary Commission of Economy confirms Cancel to delete the zeros and replace it with the currency of 50 thousand dinars category” Keep in mind this is NOT the CBI talking here…but someone from the Economy and Investment Committee that is claiming the 50k notes will be printed in lieu of deleting the 000’s…I just don’t find any basis for this kind of action on Iraq’s part at this time other than to cause confusion with people…no this makes no sense at all when the CBI has been talking at least since 2012 of the 000’s removal…and as late as March they were given the green light to do so.
5-7-2015 Newshound Guru Adam Montana [Has Iraq become Article 8 compliant…Isn’t this a stipulation that has to be addressed before anything can move forward?] Article 8 isn’t as important to the RV as some make it sound. With that said, I get the feeling it is on the back burner at this time, and that doesn’t bother me at all.
5-7-2015 Newshound Guru Breitling Printing the 50K note…even if they come out with a 100K note or a 250K note on down the road…what does it do to us? It limits how far the dinar is going to revalue. The information I got at the beginning of 2014 was that you and I would be able to sit on our currency as long as we want and get to the dollar or 3 dollar mark…putting up the 50k note reverses that policy. So instead of a 50k not getting to a dollar we’re looking at 40 to 50 cents range…timing is going to take a little longer but its still going to go down the same road so you don’t need to be worrying about that…They are still reducing the note count and this is a way to do it. But they are also reducing the amount of dinar. This basically puts a cap on where you and I can cash out on and extends the time on when they are going to start adding it’s full value. They will start adding value…they will. You have to adjust.
5-7-2015 Newshound Guru wmawhite I believe there are reasons to expect to see a change in the value of the IQD at any moment…
5-7-2015 Newshound Guru Kaperoni the term “real exchange rate” does not mean literal…real exchange rate is the cost of goods for same items in another country… example how much dinar for 3 bottle of wine…the exchange rate we care about is called the nominal exchange rate.
5-7-2015 Newshound Guru Millionday [if they are going to go back to the 3 dollar plus rate…then why the 50K note..or 50 note…wouldnt that put that dinar note worth about 150 dollars? if it was 86 cents…that would make it about 43 dollars?] THE 86 CENTS COMES FROM THE 00086 THAT THE RATE IS NOW AND ALL THAT WAS DONE BY PEOPLE THAT Are STATING THAT IS THE RATE IS THEY KNOCKED OFF THE THREE ZEROS — THIS IS NOT — I REPEAT NOT — THE INTERNATIONAL EQUATION — IT MAKES NO SENSE IN CALCULATING THE INTERNATIONAL TRADE RATE FOR THE DINAR.
5-7-2015 Newshound Guru wmawhite For those of you that are looking for an announcement of the RI/RV or think that there is a button to push, we may have already been informed of a pending change in the value of the IQD the same way the citizens have been informed. And what do I speak of? It is this 50 and 100 note announcement that the Governor of the CBI made two weeks ago. Yes,…50 note of like value. This is Iraq way of telling their citizens that change is coming.