Posts Tagged ‘Guru’s’

Iraqi Dinar Guru opinions 2-1-18

Iraqi Dinar Guru opinions 2-1-18

2-1-2018 Newshound/Intel Guru BGG Article: “Abadi of parliament: the international community will not help Iraq if the budget is not approved” Oh wow. We’ll this pretty much spells it out. However, keep in mind – this is likely Abadi talking TO his Parliament, urging them to adopt their budget. When I initially started down this line of reasoning, I had no idea international sentiment was as tough as it appears to be. WOW! The UN, IMF and WB all appear to want to support Iraq in the worst way – but it also very much appears there are results that are yet required. P.S. This might also explain this very direct, “hands on” push by Abadi to get the budget done. We wait and watch. Read more…

Iraqi Dinar Guru opinions 1-31-18

Iraqi Dinar Guru opinions 1-31-18

1-31-2018 Newshound/Intel Guru Mnt Goat We have to be mentally prepared for this possibly to extend out a few more days or even a week if Iraq does not rollout everything on time, as the process dictates. You know Iraq they hardly every complete anything on time… We also know the Finance Ministry wants this by the end of January in order to start the new fiscal year with the new rate and then move into the new accounting procedures that allow for periodic market adjustments. Yes- they have a brand new automated electronic computer based system for this purpose. It is all tied into tracking the budget expenditures – budgeted to actuals…I was told they are still on target. Read more…

Iraqi Dinar Guru opinions 1-30-18

Iraqi Dinar Guru opinions 1-30-18

1-30-2018 Intel/Newshound Guru Angelquest Article: “Did the international community in Davos abandon the reconstruction of Iraq?” Time to put your big boy pants on now Abadi, get the budget taken care of, get the bad guys put in jail, and know it is time for Iraq to stand on it’s own 2 feet just like everyone else. The international community wants a stable government before they invest, not a maybe elections in May, maybe pass the budget, maybe prosecute the bad guys maybe not. I wouldn’t want my money tied up in Iraq until there are major changes. I think this will be a major wake up call for Abadi and Iraq. Read more…

Iraqi Dinar Guru opinions 1-29-18

Iraqi Dinar Guru opinions 1-29-18

1-29-2018 Newshound Guru mike Article: “Vice: Government Completes participating donor conference and the budget must be passed before the file held” Time is a commodity for these guys, they better get busy. The problem is there are deep cuts in the budget that will directly effect the common man in Iraq and no one wants to be a part of budget cuts this close to an election. Another problem is that Iraq has this Kuwaiti donor deal to get to next month and they need the budget to beg for money. They’ve painted themselves in a corner, from a corrupt official’s point of view. Pass the budget and face the consequences at the polls or risk getting nothing from the donor conference. Let’s see how they wriggle out of this one. Read more…

Iraqi Dinar Guru opinions 1-28-18

Iraqi Dinar Guru opinions 1-28-18

1-28-2018 Intel Guru Frank26 […what do you think of Guru Deltas news. Pretty exciting…] I THINK IT IS…INVIGORATING!!! Email quote: “For the foreseeable future we are going to see a very volatile Iraqi Dinar market due to a system wide shortage.” NOTE: EVEN THE BROKERS COPY AND STEAL FROM US…LAST WEEK WE TOLD YOU THE DINAR WOULD BE A… “VOLATILE MARKET”…TODAY THEY TOLD YOU…THE SAME!!! Read more…

Iraqi Dinar Guru opinions 1-27-18

Iraqi Dinar Guru opinions 1-27-18

1-27-2018 Intel Guru RayRen98 We did get some new information on rates. Now $4.87 is the dinar rate being seen on the screens.

1-27-2018 Intel Guru Frank26 [Are you aware of a waiting period once citizens get rate before it goes international, i.e. kuwait took 10 days?] IMO 3 DAY… Read more…

Iraqi Dinar Guru opinions 1-26-18

Iraqi Dinar Guru opinions 1-26-18

1-26-2018 Newshound/Intel Guru Mnt Goat [continued Q & A] …with my contact in the Central Bank. Question: So are you saying you now have an in-country revaluation of the Iraqi dinar? Answer: We are gradually rolling out an increase in rate on the dinar as we electronically pay the January govt payrolls and going forward… The marketplace must catch up slowly. We plan to gradually also roll out the newer category notes to match. This is a slow process but we hope to be successful. This process has taken many years to implement and we are within the final stages of completion. Read more…

Iraqi Dinar Guru opinions 1-25-18

Iraqi Dinar Guru opinions 1-25-18

1-25-2018 Newshound/Intel Guru Mnt Goat …update to a recent conversation with my contact in the Central Bank. Folks it does not get any better than this to confirm what I (and others) have been saying about a very good timeframe for the month of January to see this revaluation to occur. Q: In past news articles we read that some of the categories of the lower notes have been distributed to the banks within Iraq. Is this true? A: Yes, but not all the branches. …This effort was a year long effort and is now completed. Q: When do you plan to turn on the ATMs with these new categories? A: These new notes will be loaded into the ATMs and the bank windows soon if not already at some banks. I can tell you this timing is on conjunction with paying the govt payouts (salaries, pensions, etc.) for the month of January. Read more…

Iraqi Dinar Guru opinions 1-24-18

Iraqi Dinar Guru opinions 1-24-18

1-24-2018 Newshound/Intel Guru Mnt Goat Article: “CENTRAL BANK THE ADEQUACY OF THE IRAQI RESERVE FINANCIAL REACHED 160% ACCORDING TO THE STANDARDS SET BY THE INTERNATIONAL MONETARY FUND” Quote: “The joint financial reform program with the IMF aims to improve financial management and fiscal discipline by controlling expenditures and increasing revenues, AND WE ARE KEEN TO IMPLEMENT REFORMS IN ALL OUR INSTITUTIONS AND MINISTRIES,” AL-AALAK TOLD A NEWS CONFERENCE IN NAJAF.” This is the CBI so I would guess he is talking about banking and currency reforms? …the CBI reserves might have an impact on when they would RV. In other words in past attempts the reserves were high and now they are at levels just as high. Read more…

Iraqi Dinar Guru opinions 1-23-18

Iraqi Dinar Guru opinions 1-23-18

1-23-2018 Intel Guru RayRen98 The most exciting news over the weekend was banking people seeing the lower denoms at their facility, although they have yet to be released. Just that they are there, ready… Also, the US banks were on high alert regarding forthcoming activity. We heard that the tier 1 banks were supposed to receive rates on Friday, so we really thought that those rates might be live. We’re still waiting for some of that information to come in. We also had some reports that banks could see rates on the front (retail) screens as well as the back screens, although they were not live yet. Read more…

Iraqi Dinar Guru opinions 1-22-18

Iraqi Dinar Guru opinions 1-22-18

1-22-2018 Intel/Newshound Guru sandyf IMF Article VIII is effectively a passport to international recognition of the countries currency. Art 8 is a one way street, once the obligations have been accepted there can be no return to Art 14 status. …Iraq has never been an Article VIII currency so has never had international recognition. All previous rates have merely been an indicative rate rather than an official rate of exchange. As a non convertible currency, international transactions have only be done on a restricted basis. Read more…

Iraqi Dinar Guru opinions 1-21-18

Iraqi Dinar Guru opinions 1-21-18

1-21-2018 Newshound/Intel Guru Mnt Goat …they told us the Vietnam Dong was a “sleeper”… At least the Vietnam currency is still an active currency and being traded so this one does sound plausible and possible. Read more…

Iraqi Dinar Guru opinions 1-20-18

Iraqi Dinar Guru opinions 1-20-18

1-20-2018 Newshound Guru Kaperoni Article: “The House of Representatives is preparing to vote on a bill to create a “new Parliamentary Union” Quote: “Parliamentary sources revealed, for parliamentary efforts to enact a new law that includes the establishment of a new Parliamentary Union…” Any law must be approved by the Council of Ministers or the President prior to going to parliament for reading. Unlikely such a law would make it past that step. Read more…

Iraqi Dinar Guru opinions 1-19-18

Iraqi Dinar Guru opinions 1-19-18

1-19-2018 Intel Guru Bruce …we still have a blackout in Iraq right now…Information blackout. We know they had a rate tradable on the Forex. We know several traders who are working with certain exchanges trading that. First as futures and preloads, now it is as currencies. We know the rate was being trading up as of yesterday and was being traded up and all of a sudden it went on hold in that particular trading platform. I do not know why other than maybe they are getting ready to make a rate change or syncing some systems together, not really sure. Read more…

Iraqi Dinar Guru opinions 1-18-18

Iraqi Dinar Guru opinions 1-18-18

1-18-2018 Newshound/Intel Guru Mnt Goat List of known FACTS: In late December Iraq was finally released “fully” from Chapter VII sanctions. Being released “fully” from sanctions enables Iraq to be a stand-alone sovereign nation once again. Being a sovereign nation allowed Iraq to request the re-instatement of the Iraqi dinar. In late December the CBI requested the re-instatement of the Iraqi dinar. In later December the CBI coordinated with the US Treasury to roll out the process to the international exchanges (and other files and needed data). We have read that the Iraqi fiscal year ends Dec 15th. Whenever the CBI initiated any rate change (to the program rate) it was always done in January. Read more…

Iraqi Dinar Guru opinions 1-17-18

Iraqi Dinar Guru opinions 1-17-18

1-17-2018 Intel Guru Bruce Iraq is still under blackout. They did have a rate change already. People that have the so called Qi cards from Iraq that are citizens were paid on these cards. These people are getting paid at a real in country revalued rate on their Qi cards. That just changed for them 7 to 8 spending power than they had. We understand late last night [Monday] what had happened globally was there was a system reboot on all banking systems around the world. They were getting resynced on two things. 1) A new satellite that was coordinating everything under the new banking system. 2) They were being connected to new rates as was going to happen last night from the Forex. We got evidence the Forex is up and changed with new rates. You and I can’t see them and professional traders can see them. …we know we are in good shape to begin pretty soon. I have heard the John Q Public will start in about a week or so. As far as I am aware, things are still on track….it appears is we are exactly where we need to be time wise. Read more…

Iraqi Dinar Guru opinions 1-16-18

Iraqi Dinar Guru opinions 1-16-18

1-16-2018 Intel Guru Frank26 [Is the CBI satisfied there are adequate correspondent banking relationships to support the number of international transactions needed when the IQD is reinstated?] BY NOW I BELIEVE SO…IT WASN’T JUST THE CBI THAT ATTENDED THE CLASSES…MANY WERE THERE…SO I BELIEVE MANY BANKS LIKED WHAT THE CBI WAS DOING WITH THE UST AND IMF THAT THEY ARE ALREADY CORRESPONDING WITH AT AN INTERNATIONAL LEVEL NOW. Read more…

Iraqi Dinar Guru opinions 1-15-18

Iraqi Dinar Guru opinions 1-15-18

1-15-2017 Intel Guru Frank26 [IYO we were expecting the 72-78 to begin the countdown on the first day of the RV/MR…since events seem to be changing can you elaborate if this has begun already since we are in the RI or does it still begin with the CBI rate change?] NO I SAID ON THE FIRST DAY OF THE
RI OF THE MR… I ALSO SAID WE DO NOT HAVE AN OFFICIAL ANNOUNCEMENT OF THE RI SO THE 72/78 HAS NOT STARTED WITH MY TEAMS…WE ALSO RECENTLY TOLD YOU THAT THAT TIME FRAME WILL CONTAIN A 1:1…OR SLIGHTLY OVER…VIA A CONTROLLED FLOAT…THAT 72/78 DAYS LATER THE RV IS BORN AND STILL CONTROLLED TO A CAP OF WHERE THEY HAVE AGREED. Read more…

Iraqi Dinar Guru opinions 1-14-18

Iraqi Dinar Guru opinions 1-14-18

1-14-2018 Intel Guru Frank26 Article: “Deputy: State financial administration caused the waste of Iraqi money” Quote: “…noting that “the oil sold for $76 and the amount of export three and a half million Barrel per day… ” IOO WE EXPECTED BETWEEN 70 TO 100 AT START OF YEAR…IT’S GETTING THERE. Read more…

Iraqi Dinar Guru opinions 1-13-18

Iraqi Dinar Guru opinions 1-13-18

1-13-2018 Newshound Guru Aggiedad77 THE ARTICLES KEEP GETTING GOODER AND GOODERER… IMO….IMSO WE ARE SEEING GREAT THINGS UNFOLD…THE CBI IS TALKING AGAIN…OR MAYBE I SHOULD SAY STILL…WHAT SIGNALS ARE THEY CALLING, NOT FROM THE HUDDLE BUT FROM THE LINE OF SCRIMMAGE…OR MAYBE THOSE SIGNALS ARE BEING CALLED AS THE BALL BOUNCES DOWN THE COURT, READING THE DEFENSE LIKE A MARKED DECK OF CARDS…SIGNALS BEING THROWN LEFT AND RIGHT THROUGH THESE ARTICLES, EITHER FROM THE CBI OR BY SOME OF THEIR MORE PROMINENT BANKS IMO…. AGAIN IMSO…THIS LEADS ME TO THINK THERE WILL BE A PLETHORA OF INFORMATION AS WE WALK INTO THIS NEXT WEEK…WAIT… OH YES WE SHALL WAIT…BECAUSE WE HAVE TO…NO…BECAUSE WE WANT TO…WHY…BECAUSE WE KNOW THE BEST IS COMING…WAIT FOR IT…IMO. Read more…