Posts Tagged ‘Guru’

Iraqi Dinar Guru opinions 2-6-15

Iraqi Dinar Guru opinions 2-6-15

2-6-2015 Newshound Guru Millionday Article quote: “Directorate-General for issuing and cabinets held at the Central Bank of Iraq expanded meeting with representatives of the banks to inform them on how to deal with banknotes in accordance with modern techniques in counting and testing…” THERE ARE MASSIVE NEWS STATEMENTS COMING OUT OF CBI…THEY ARE PREPARING FOR THE EXCHANGE OF BILLS AND THEY ARE HAVING MEETINGS WITH ALL BANKS FOR DIRECTION. THEY ARE TRAINING ALL BANKERS ETC ON HOW TO TELL WHAT IS REAL FOR EXCHANGE…TRAINING IN THE ASPECT OF SORTING THE EXCHANGE. THIS IS A MAJOR MEETING AND RELEASED TO CITIZENS…SMILE. [hopefully exchanging of larger notes for smaller as the value will rise!] THAT IS EXACTLY THE HOPE WE HAVE…I SEE NO OTHER REASON FOR SUCH A MEETING WITH ALL BANKERS. Read more…

Iraqi Dinar Guru opinions 2-5-15

Iraqi Dinar Guru opinions 2-5-15

2-5-2015 Newshound Guru American Contractor The World Bank has recently published a paper on the unpegging of the dollar from the Iraqi dinar. The World Bank offers suggestions short of being a demand for the Iraq government. In Iraq, they are already exporting Oil and Gas to world markets at the going market rate. The 2015 Iraq Federal Budget will have a problem going forward. The Central Bank of Iraq (CBI) finished the week with the Iraqi dinar market rate fluctuating from 1235-1250 higher than normal. The CBI and the Parliament Economic Committee will meet this weekend (Friday-Saturday) to discuss the monetary policy (Iraq Currency) and increase the value. The Iraqi dinar has no restrictions. The Central Bank is not waiting for a budget; they are implementing their monetary policy. The current monetary policy is causing a shortage of dollars in the market. The Central Bank may raise the limit of the dollar auction sales to assist the Iraqi dinar and increase in value. Read more…

Iraqi Dinar Guru opinions 2-4-15

Iraqi Dinar Guru opinions 2-4-15

2-4-2015 Newshound Guru Adam Montana I’m going to be blunt here… I keep my expectations low and I hold my excitement regardless of what’s happening. It’s getting progressively harder to stay grounded, even for me… so if you’re one of those that’s like me and you’re on the edge of your seat right now… well, you’re not alone! Here’s some cliff notes: 1. It’s been a long haul, but we are MAKING PROGRESS! We have a new Iraqi PM, we have a new and improved GOI (Government Of Iraq), Chapter 7 is a thing of the past and we are working on the HCL right now. Read more…

Iraqi Dinar Guru opinions 2-3-15

Iraqi Dinar Guru opinions 2-3-15

2-3-2015 Intel/Newshound Guru American Contractor There are very valid and concrete economic reforms inside the 2015 Federal budget. There is still a waiting period for implementation. It could very well exceed the 15-day waiting period. The Iraq Parliament Economic Committee has the next several weeks to coordinate and implement those economic reforms. It is the reason they have a major meeting in Baghdad on 5 February 2015. The Exchange rate has changed. Today the market rate is 1250 IQD. The U.S. currency is limited in the streets of Baghdad and across the country. Iraqi’s are feeling the austerity measures and are holding on to their dollars for as long as they can. You will see actual currency reform when the ISIS terrorists are all killed and all Iraqi banks are back in control of the Central Bank. Until then, the Iraqi government will continue with austerity measures and obtain loans from International Monetary Fund (IMF) and perhaps World Bank. Private loans from wealthy Arabs are in the works. Read more…

Iraqi Dinar Guru opinions 2-2-15

Iraqi Dinar Guru opinions 2-2-15

2-2-2015 Newshound Guru Millionday NOTE — THE PRESIDENT HAS RELEASED THE BUDGET AND ANNOUNCED IT AS LAW ON THE WAY TO THE GAZETTE — IT IS NOTED PER THE PRESIDENT. [there has been much talk of IF the rate is in the budget OR not…?] ALL DATA WOULD BE CHANGED WITH A CHANGE IN THE RATES AND PURCHASING POWER OF THE DINAR — THIS WOULD BE DONE BY ELECTRONIC E-GOV ENTRY — THE BUDGET AND ALL FIGURES — BENEFITS — PRICES — UTILITIES EVERYTHING WOULD BE CHANGED ALL AT ONCE IN ORDER FOR IT TO MAKE SENSE — ANY CHANGE WILL BE RECORDED IN EVERYTHING FINANCIAL. Read more…

Iraqi Dinar Guru opinions 2-1-15

Iraqi Dinar Guru opinions 2-1-15

2-1-2015 Newshound Guru American Contractor I am jumping up and down since I heard the great news. The Central Bank of Iraq has announced that they will buy Treasury bonds via the secondary market. …currency banknotes are increasing in Iraq. We know this because the foreign reserves are not touched and will remain inside the vault. However, if truth were known the foreign reserves may have decreased. Hopefully, we will learn more at a later date. Dr. Sinan al-Shabibi has never set foot back in Iraq. Dr. Shabibi is enjoying the good life in Switzerland and has no ties to the Iraqi government. One more thing the Central Bank is no longer following the Shabibi policy and Shabibi would have never loaned any money to the private banks and the government.

Fact check, Breaking news: Central Bank agrees to cover bank accounts outside of Iraq to the dollar, greatest news EVER! Gee, I wonder why the “intel/pumper guru’s” did not know this before the articles came out, supposedly two or three days after the fact. Proves they don’t know S***. Our posts are up to date in real time, get the news first, right here on this site. Here is the link: https://iraqidinarchat.net/?p=33117

Read more…

Iraqi Dinar Guru opinions 1-31-15

Iraqi Dinar Guru opinions 1-31-15

1-31-2015 Newshound Guru My Ladies TODAY RAFIDIAN BANK GAVE OUT MASTER CARDS INSIDE OF AND OUTSIDE OF IRAQ. THIS TAKES US SO MUCH CLOSER TO INTERNATIONAL. THIS IS A PILOT PROGRAM AND A BIG STEP WHEN THEY ACTIVATE THE PROGRAM. THIS IS DESIGNED TO BE ABLE TO TAKE CASH FROM ANY MASTER CARD ATM TERMINAL, THIS NEWS IS MAJOR. SO NOW WE ARE WAITING FOR PRESIDENT MASOUD TO SIGN THE BUDGET AND THEN OFF TO THE GAZETTE IT GOES. THIS SHOULD BE DONE AT SOME POINT TODAY. THERE IS QUICK MOVEMENTS TAKING PLACE AND WE SHOULD SEE THE END SOONER THAN LATER. THINGS ARE GETTING EXCITING…THE ANTICIPATION IS BUILDING AND VERY SOON REALITY WILL SETTLE IN BRINGING THE MAGNITUDE OF WHAT IS ABOUT TO HAPPEN TO OUR LIVES. Read more…

Iraqi Dinar Guru opinions 1-30-15

Iraqi Dinar Guru opinions 1-30-15

1-30-2014 Newshound Guru Breitling You should be looking at the note count and be jumping up and down…Dr. Shabibi kept talking about reducing the note count by 70%. Right now they have 100 Billion of reserve wealth. The debate is watching the CBI, MOF and MOP and trying to figure out the timing…that’s debatable…that’s pure speculation. I have so much faith in this investment…their target rate is 1.13 to 1.16 at first and then they will go to $3.00. It’s got to get there first…I see it coming it at .35 to .45 and then getting it to a dollar. They can get to a dollar in a snap…they are doing that to control it. Then it will be a different ballgame to get to $3. I think this is coming down very very soon. This is my best guess. They are reducing their note count and every time a country reduces their note count the value of it’s currency goes up 100% of the time. Read more…

Iraqi Dinar Guru opinions 1-29-15

Iraqi Dinar Guru opinions 1-29-15

1-29-2015 Intel/Newshound Guru Poppy3 I WAS…READING THE NEWS THIS WEEK AND LAST AND COULDN’T HELP BUT SEE THAT THESE GUYS ARE TELLING US THEY ARE READY TO PAY ALL OF US. THEN READ THE SHELL PROPOSED CONTRACT OF 11 BILLION AND THAT TELLS ME SHELL EXECUTIVES KNOW WHAT WE HAVE BEEN WATCHING IS READY TO HAPPEN. …HERE IS A MAJOR AMERICAN COMPANY INVESTING 11 BILLION. HOW COULD ANYONE NOT GET EXCITED.

Fact check, THE BUDGET HAS BEEN PASSED. Read more…

Iraqi Dinar Guru opinions 1-28-15

Iraqi Dinar Guru opinions 1-28-15

1-28-2015 Newshound Guru Millionday Article quote: “CBI agreed to support the liquidity of commercial banks, and finance the state budget loan amount six trillion dinars, and buy back treasury bonds from the secondary market.” CBI HAS AGREED TO FINANCE THE BUDGET AND PAY FOR THE BONDS IN A BUY BACK. CBI HAS UPHELD THE WORD OF IRAQ AND BACKED THE BONDS — ALSO AS WE KNOW THIS DOES NOT TAKE FROM THE RESERVE. THEY HAVE RELEASED ONLY THAT THEY ARE GOING TO DO THIS BUT WE DONT KNOW THE DATE… Read more…

Iraqi Dinar Guru opinions 1-27-15

Iraqi Dinar Guru opinions 1-27-15

1-27-2015 Newshound Guru Mailman17 ANYONE WHO THINKS IRAQ WILL ANNOUNCE THEIR CURRENCY TO THE WORLD IN AN OPEN MARKET AND LEAVE IT AT 1166 HAS A NUT LOOSE. THAT WOULD BE A SLAP IN THE FACE TO THE CBI, IMO. WHEN THEY COME OUT…THEY WILL COME OUT STRONG. OVER A 1-1 GUARANTEES DE-DOLLARIZATION WITHOUT STICKER SHOCKING THE LOCALS. A FLOAT DOES NOT DE-DOLLARIZE…PERIOD. IF THEY WANT TO GO TO A FIXED AND MANAGED RATE TILL THINGS SETTLE…THEN LET THE DINAR BE MARKET DRIVEN…FINE…THATS SOUNDS MORE LIKE A PLAN THEY CAN MAKE ADJUSTMENTS WITH DAY TO DAY…EITHER WAY THE PRINT TELLS US THEY ARE READY TO MOVE AND IT LOOKS LIKE BY FEB 1 COULD BE OUR WINDOW. AS ALWAYS, JMO. Read more…

Iraqi Dinar Guru opinions 1-26-15

Iraqi Dinar Guru opinions 1-26-15

1-26-2015 Newshound Guru sczin11 THE CBI MET TODAY [SUNDAY], AND ANNOUNCED TO THE WORLD THEY ARE READY TO SUPPORT THE DINAR AND ARE COMPLYING WITH INTL REQUIREMENTS, AKA CLEANING UP THEIR CORRUPTION, WILL BE A WATCHDOG, AND ALL MONIES ARE SAFE WITH US… LOOKING AT WHAT HAS TRANSPIRED OVER THE LAST WEEK PLUS, ESPECIALLY A FEW DAYS AGO WITH MINISTERS OF FINANCE, OIL , PLANNING, PRIME MINISTER AND CBI IN SAME ROOM…WHEN HAS THAT HAPPENED IN THE PAST…ABADI SPEAKING IN DAVOS, MONEY TRANSFER COMPANIES BEGINNING TO TRADE ON ISX, BTW, 3 ARE SCHEDULED 1ST WEEK IN FEB…AND NOW THIS TODAY. Read more…

Iraqi Dinar Guru opinions 1-24-15

Iraqi Dinar Guru opinions 1-24-15

1-24-2015 Newshound Guru Kaperoni …the recent articles from the CBI indicating they are ready to “participate and promote development” are encouraging. I want to point out that Dr. Bakri [Economist] states the dinar “first needs to improve” (raise in value) before they can move to Article VIII. In other words, the float may be institutional and gradual before they accept Article VIII and a new Exchange Regime. I also get the impression that the dinar can be convertible worldwide without technically accepting Article VIII. And lastly, he says… “improvement comes through delete some zeros” which to me again seems to imply a gradual appreciation because as the dinar rises, zeros begin to go away… he did…confirm the process is moving along, that the reforms are happening, and there is promise…and more importantly the new GOI is moving in the right direction. Iraq’s economy is complex for sure. But I don’t think what we are looking for will take much longer. As for currency reform, the timing will be kept secret within the CBI… Read more…

Iraqi Dinar Guru opinions 1-23-15

Iraqi Dinar Guru opinions 1-23-15

1-23-2015 Newshound Guru Millionday Article quote: “al-Hashemi, at a time when the country began preparations to face the economic challenges, confirmed the government agencies, including the Central Bank of Iraq readiness to take measures that will improve the economic reality.” THE ECONOMIC REALITY IS THE ACTUAL PRICING CALCULATION FOR THE REALITY VALUE OF IRAQ`S CURRENCY AND TRADE…CBI HAS CONFIRMED THAT THEY ARE READY TO TAKE THE MEASURES TO IMPROVE THE ECONOMIC REALITY AND THE BANK SHARES ALOT IN RAISING THE VALUE AND MODIFYING THE RATE TO GOOD INTERNATIONAL RATES AT THIS TIME OF ECONOMIC DEVELOPMENT FOR IRAQ – THE GOVERNMENT AND CBI IS STATING THAT THEY ARE READY TO TAKE THE MEASURES THAT WILL IMPROVE THE ECONOMIC REALITY — MEANING THE ACTUAL RATES AND RAISING THE PURCHASING POWER OF THE DINAR AND ALSO MOVING TO A MARKET ECONOMY AND ALL THAT IS PART OF THE ECONOMIC REFORMS…THE GOVERNMENT HAS NOT ANNOUNCED THIS BEFORE … Read more…

Iraqi Dinar Guru opinions 1-22-15

Iraqi Dinar Guru opinions 1-22-15

1-22-2015 Newshound Guru Millionday [what can the cbi do to help unemployment?] THEY CAN ADVANCE ALL OF THEIR BANKING FOR INTERNATIONAL BANKING AND PREPARE THE RATE FOR INTERNATIONAL ACCEPTANCE AND RAISE THE PURCHASING POWER OF THE DINAR SO THE PRIVATE SECTOR CAN AFFORD TO HIRE BY MOVING TO A MORE PRODUCTIVE MARKET ECONOMY. THEY HAVE ENOUGH RESERVES TO BACK THE CURRENCY 1 AND 1/2 TIMES WHAT THEY NEEDED TO SUPPORT THE VALUE. [In order for them to be able to exchange our dinar would they know how much is out there?] YES THEY KNOW EXACTLY WHAT IS OUT OF COUNTRY. IT IS UNDER STATS ON CBI SITE I BELIEVE AS WELL. Read more…

Iraqi Dinar Guru opinions 1-21-15

Iraqi Dinar Guru opinions 1-21-15

1-21-2015 Newshound Guru Adam Montana I’m not going to beat around the bush… things are getting intense! Budget being prepared based on 3.3 million b/d and $60 per barrel. I don’t like the $60 per barrel price, BUT: Iraq exported 4 million b/d in December and they are looking to increase their production… seeing as how Iraq has one of the largest reserves in the world, the HCL is sure to be completed very soon, the Kurds and Baghdad are playing nice (finally!!!), I believe the increased volume will easily make up for the lower price of oil and Iraq will have no problems with the budget as it is. It’s also important to remember that Iraq has barely scratched the surface of their reserves. As we watch them progress, with more and more companies investing into their production, it will continue to rise and a lot of experts even believe that Iraq will overtake Saudi Arabia as the world’s leading oil exporter… all that says to me is “COME ON, RV!” Read more…

Iraqi Dinar Guru opinions 1-20-15

Iraqi Dinar Guru opinions 1-20-15

1-20-2015 Newshound Guru Millionday IT STILL IS EXPECTED TO BE ON WED FOR THE VOTE OF THE BUDGET AND IF NOT DONE THAT DAY THEY WILL ADDRESS IT THE NEXT SESSION — THE PARLIAMENT ENDED THE SECOND READING AND CHANGES ADDED LAST WEEK — SO THE NEXT IS THE VOTE. PARLIAMENT HAS ALREADY HAD IT AND READ IT THE TWO TIMES NEEDED. [WILL THEY PASS THE OTHER OUTSTANDING LAWS AFTER THEY COMPLETE THE BUDGET?] THEY HAVE STATED THAT THEY WILL BE ADDRESSING THEM ALL. Read more…

Iraqi Dinar Guru opinions 1-19-15

Iraqi Dinar Guru opinions 1-19-15

1-19-2015 Newshound Guru Enorrste Article: “Conscious Central Bank: reserve the largest rates of good reserves of foreign currency” In the case of Iraq, they now have, according to this article, 150% coverage in reserves to back their currency. This means that they have $60 billion in dollars, euros, and gold sitting in the central bank. That is 150% of the money supply of about 40 trillion dinars, worth $40 billion, give or take. Therefore, having 100% backing their currency, or more, in this case, does not reduce the money in circulation. …it is and has been our position that the float will start at 1166 to 1 and rise from there. There is no evidence that an initial start rate will be higher than that in terms of value. The CBI would be foolish, quite frankly, to try to impose an artificial higher rate. Read more…

Iraqi Dinar Guru opinions 1-18-15

Iraqi Dinar Guru opinions 1-18-15

1-18-2014 Newshound Guru Millionday IT WOULD VERY MUCH BE IN THEIR BEST INTEREST TO REVALUE THEIR CURRENCY RIGHT NOW AND ENTER THE GLOBAL MARKET DUE TO THE DIVERSITY THAT THEY CAN TAKE ADVANTAGE OF AND THE MANY JOBS IT WOULD BRING ETC ETC — CBI IS INDEPENDENT BUT ALSO THE COUNTRY HAS TO BE INTERNATIONALLY COMPLIANT ECONOMICALLY AND WITH THEIR REGULATIONS FOR THE WORK OF CBI TO BE A SUCCESS AND ALSO THE LAWS HAVE TO BE IN PLACE IN ORDER FOR IRAQ TO TAKE ADVANTAGE OF THE REFORMS THEY HAVE PLANNED FOR THEM AND THE WORK THEY HAVE DONE. Read more…

Iraqi Dinar Guru opinions 1-17-14

Iraqi Dinar Guru opinions 1-17-14

1-17-2015 Newshound Guru Millionday THE REVALUE OR CHANGE IN PURCHASING POWER /REDENOMINATION/AND INTERNATIONAL RATE CHANGES WILL BE ON THE MARKET/BANK/CBI/MONEY EXCHANGE BUSINESSES/ AND EVEN YOUR SMART PHONE WHEN THIS CHANGES AND THEY ARE INTERNATIONALLY RECOGNIZED AND THEIR CURRENCY IS PUT ON THE CURRENCY MARKET FOR SALE (AS IN FOREX ETC). Read more…