Iraqi Dinar Guru opinions 9-5-15
Iraqi Dinar Guru opinions 9-5-15
9-5-2015 Newshound/Intel Guru BGG WB/IMF says OCT 1st (as a deadline for the AML Law ) and I added the Investment Law would go a long ways towards Abadi’s credibility…I really think the AML Law is pointed directly at Maliki and his bunch…which sounds like they will be doing sometime next week. [The National guard Law is crucial as well.] it is – balances and puts power under the direction of Baghdad. [AML Law = Anti-Money Laundering Law]
9-5-2015 Newshound Guru OOTW …abadi went on TV to announce he may need to suspend the constitution …the clerics are still strongly inciting the protesters to dissolve the judiciary. Let him suspend it. The people are angry about a lack of justice and buying power. Let the protests grow and let him dissolve the constitution. There’s a plan and we just have to let it wash out. [I still say Abadi is the Bravest Man In World Politics today.] HE HAS TO BE AND HE DEFINITELY NEEDS TO KEEP HIS BIG BOY PANTS ON RE IRAN TOO. IRAN IS STILL BEING SEEN AS EXERTING INFLUENCE RE MALIKI AND OTHER OUTCOMES THEY SEEM INTENT ON SECURING. PERSONALLY, I’D LIKE TO SEE THE PROTESTS CONTINUE AND GROW – UNTIL THE JUDICIARY IS COMPLETELY DISSOLVED…ALTHOUGH I’M SURE THEY WOULD NEED SOME KIND OF APPOINTED CARETAKER JUDICIARY. THE PEOPLE OF IRAQ ARE TRYING TO FORCE ISSUES…WE JUST HAVE TO WAIT.
9-4-2015 Newshound/Intel Guru BGG Quite honestly folks – the news is a real mixed bag. Some good – some not so good…and some downright confusing… personally – I think it’s all about these reforms right now. I sure hope Abadi hasn’t bitten off more than he can chew.
9-4-2015 Newshound Guru Adam Montana [ I see…different things needing to happen before there can be an RV. I thought that the RV was the sole responsibility of the CBI and not the government. I think that now would be a good time to clarify this again, just to keep us all on the same page.] Here’s a quick…recap: 1. The GOI can’t force the CBI to honor a higher rate. It simply wouldn’t work. 2. Equally important – the CBI doesn’t need the support of the GOI to successfully raise the value of the dinar, but they also don’t want opposition from the GOI. With those things in mind, we can know that the CBI makes the final call, but both entities will work together to ensure the success.
9-4-2015 Newshound Guru firefly All countrys purchase Bonds based on the countrys credit rating. A “B” is NOT an investment rating. Iraq would need at least a BBB. Iraq has little time left. They need to do something and do it FAST!
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