Iraqi Dinar Guru predictions/guesses! 5-28-2013
Iraqi Dinar Guru predictions/guesses! 5-28-2013
5-28-2013 Newshound Guru Doc We have received numerous questions concerning the article that talks about the CBI taking steps to raise the value of the dinar in June. Many of the internet sites are screaming that this is the announcement of the RV. Unfortunately this interpretation is totally incorrect for several reasons. The most obvious reason is there is no way the CBI will ever pre announce any RV. It would be cheaper for them to simply start giving away millions of dollars. Think about this seriously. If an RV was announced ahead of time the run on dinar would be staggering and the liability to Iraq economically unsustainable.
5-28-2013 Newshound Guru Doc The second reason for the misinterpretation is they fail to put the article into context with all the other articles. When you understand the street value of the dinar is well over 1300 (we have heard as high as 1500 although not substantiated) you can imagine the frustration on the streets by the common citizens. It is if they took a 20% reduction in pay (everything costs 20% more versus exchange rate of 1166). With this it is easy to understand the articles about protests and demonstrations in the streets. The article in question about the CBI taking steps to raise the value is simply addressing the situation previously described. The CBI is under tremendous pressure to get the exchange rate back to the program rate of 1166. The steps to do this are what is being referred to in the article. We report, you decide.
5-28-2013 Intel Guru Delta [“This morning [Sunday] tv broadcast ran special news reports telling the Iraq people that the first part of June they will see the revalue of the Iraq dinar. It is also scrolling across the bottom of the screens continuously.”] YES THAT IS TRUE AND THE SCROLLING ACROSS THE BOTTOM OF THE SCREEN I GOT A COPY OF THAT ON MY PHONE.
5-28-2013 Intel Guru Delta EVERY DAY AT 12 NOON IRAQI TIME THEY HAVE A LIVE NEWS THEN AFTER THE NEWS THE ECONOMIC NEWS COMES AFTER . YES THEY SAID THAT THE CBI WILL IMPLEMENT A PLAN EARLY JUNE AND THIS PLAN WILL INCREASE THE VALUE OF THE IQD. IT COULD HAPPEN AT ANY DAY NOW . I WILL BE SURPRISE IF IT PASS JUNE 4TH WITH NO RV.
5-28-2013 Intel Guru SteveI There are so many great articles that are addressing the fact that the value of their currency is declining and they need to take immediate actions to resolve those issues. I believe that when the parliament resumes their duties in June, shortly thereafter you will see this accomplished. Could it happen and revalue prior to that, sure and anything can happen. Why? Because it is Iraq. Have you seen anything normal come out of there yet? I think the budget not being opened is also very positive.
5-28-2013 Intel Guru SteveI I do think June will be a very telling month in which you will see some major changes coming in the way of monetary policies which will effect the value in a huge way. I really do feel that June is our month. Time will tell, but we all need to let Iraq accomplish the final tasks. The news so far coming out of Iraq is very positive and for sure is pointing in the right direction… By the way, as of the other day, all of the ISX businesses are still devalued by 80 to 90 percent. This folks is huge.
dinarguru
