Posts Tagged ‘Guru’s’

Iraqi Dinar Guru opinions 8-24-17

Iraqi Dinar Guru opinions 8-24-17

8-24-2017 Newshound Guru chattels Article: “KRG doubles down on independence vote after Baghdad meeting” Quotes: “The Kurdish delegation’s visit to the Iraqi capital Aug. 14 failed to change the declared stances on the Kurdistan region independence referendum scheduled for Sept. 25…” “We know that independence needs many years, so we need to find a solution to the disputed areas, amend the constitution and divide the oil wealth by peaceful means.” I have stated for years that Kurdistan is not going anywhere without KIrkuk. Once we are past the next elections I expect that the US position may change publically. If we are getting out of the ” nation building” business then there is no nation better inclined to establish democracy than Kurdistan. We are not going to oppose the ultimate reality of it. The only question is what impact such may have upon our liquidity event. Read more…

Iraqi Dinar Guru opinions 8-23-17

Iraqi Dinar Guru opinions 8-23-17

8-23-2017 Intel Guru Frank26 Article: “The Iraqi Trade Bank is among the largest of the world’s top 1,000 banks” Quotes: “…the Iraqi Trade Bank has entered the list of the largest thousand banks in the world, where he ranked 33 Arabs and 318 globally.” “…the Iraqi Trade Bank “is the first Iraqi bank to be listed on the list with the capital of about $ 3.1 billion and assets of about 19.7 billion dollars.” And when one considers that this is for a PROGRAM RATE…It’s just simply ridiculous. Read more…

Iraqi Dinar Guru opinions 8-22-17

Iraqi Dinar Guru opinions 8-22-17

8-22-2017 Intel Guru Frank26 We believe that there was an activation of ATM’s with lower denominations today [Monday]. Yesterday (August 20), Our friend ( [Guru] Walkingstick) said that we are LIVE… We believe that Information is going to start seeping out after August 21. Iraq regional elections are on Sept 18. It would be wise for Abadi to announce the Monetary Reform before the elections. Sept 1- 4 are Islamic holy day /holidays. Arab nations are all rallying around Iraq. We believe Iraq is going international. In my opinion, Iraq is past Article 8 and they will announce it when they choose to. Read more…

Iraqi Dinar Guru opinions 8-21-17

Iraqi Dinar Guru opinions 8-21-17

8-21-2017 Newshound Guru Breitling …the U.S. dollar was put in to compete against the dinar and then they started printing more dinar so they could artificially keep the price down. So they’re reversing that [now]. They’re taking dollar off the market. That’s exciting! …The most important piece is that Iraq is a “one crop economy”…they’re trying to get out of this and that’s where the ISX comes in especially if they get on NASDAC. They’re trying to get out of this “one crop economy” that’s why it means something to me. Read more…

Iraqi Dinar Guru opinions 8-20-17

Iraqi Dinar Guru opinions 8-20-17

8-20-2017 Intel Guru Delta THE FINANCIAL SITUATION TABLE FOR CBI!!! Table of July /2017 5 MILLION PER MONTH FOR NEW CURRENCY FOR LAST 3 MONTH, AND BECAUSE OF THE REVALUATION THEY ARE GETTING SURPLUS …GOOOOOOOO…CBI… Read more…

Iraqi Dinar Guru opinions 8-19-17

Iraqi Dinar Guru opinions 8-19-17

8-19-2017 Intel Guru Dr. Clarke …it’s been almost 2 MONTHS since Mosul was OFFICIALLY announced Liberated. Nothing QUICK about this, for sure. The Majority in Dinarland, including all the “Groups”, and geniuses, were so hyped and pinning their Hopes on an instant RV when Mosul was Liberated – EXCEPT US. We knew MONTHS ago, this was NOT totally about Mosul… Yes, it was important, but as we wrote months ago: “It was TOTALLY about Securing the “REGION”. Yes, the REGION. It’s STILL about securing the REGION. This includes: Syria, Turkey, Afghanistan, Saudi Arabia, Kuwait, Qatar & Iran. Have you heard anything Significant or even as much as a Peep about SYRIA, over the past 3 weeks? Virtually nothing. Why? Read more…

Iraqi Dinar Guru opinions 8-18-17

Iraqi Dinar Guru opinions 8-18-17

8-18-2017 Intel Gurus Delta & Frank26 VERY INTERESTING TODAY VIETNAM DONG DID OPEN TODAY [WEDNESDAY] AT $0.0044 AND THATS ABOUT $4400 FOR A MILLION DONG. They need more flexibility for the exchange rate. 22,000 to the dollar does not make any sense. They are under exceptional status with the IMF. They dropped 2 zeros from their exchange rate at the beginning of yesterday [Tuesday]. The msn live feed gave that rate. It was not a glitch. They might (eventually) come up to 4 or 5 cents. I-Teams were encouraged about the dong. Read more…

Iraqi Dinar Guru opinions 8-17-17

Iraqi Dinar Guru opinions 8-17-17

8-17-2017 Intel Guru Frank26 […is the main event going to be down to any one event or a collection of the events at the same time?] NOT ”ONE” THING IS THE MR [MONETARY REFORM]…THERE ARE A CONVERSION OF EVENTS THAT R HAPPENING NOW…AND RATHER QUICKLY…WHICH IS VERY IMPRESSIVE FOR THE ME. THE KEY…NOW IS…ART 140. WHY…BECAUSE IT WILL GIVE US THE BUDGET AND HCL…ALSO…THE INTERNATIONAL ACTIVITY RT NOW IS BRING US ART 8…BECAUSE THE INVESTORS ARE PUSHING IT ALONG WITH…THE WTO …WHICH IS ALSO THE SAME AS SAYING THE USA… Read more…

Iraqi Dinar Guru opinions 8-16-17

Iraqi Dinar Guru opinions 8-16-17

8-16-2017 Intel Guru Bruce In Iraq it looks like from the Iraqi perspective talking to some of our Forex sources, it appears that the Forex was trading the dinar from its position of 1160 or 1168 down to 1140 so forth. The thinking was by sometime tonight [Tuesday] it could be traded all the way down to where it would zero out and come back to $1. to $1.25 or something like that up to its true value. The thinking is that the rate which we have seen some decent rates that were in the vicinity that Dr Shabbi talked about the dinar being able to support. We have seen couple of these rates be on some of the new Qi cards in and outside of Iraq on Iraqi citizens and dual Iraqi citizens. High rates that are stable. Are they place holder rates? Would it be giving us indication what the rate would be? We don’t know that yet. Read more…

Iraqi Dinar Guru opinions 8-15-17

Iraqi Dinar Guru opinions 8-15-17

8-15-2017 Intel/Newshound Guru American Contractor The Iraq economy is improving at a snails pace but nevertheless, it is improving. This past month the Iraqi government informed everyone about their 10 year $100 bln reconstruction plan for the country. The fund is to be funded by the same groups that normally fund countries that are involved in conflicts, such as the International Monetary Fund (IMF), World Bank, domestic revenues, international borrowing. The bond money (if the government is able to raise $100 bln) is going to be used for the rebuilding of Mosul….By the way, it is going to take more than $100 bln dollars to fund the reconstruction of the war torn areas in northern Iraq. So, where is all that money going to and coming from? Read more…

Iraqi Dinar Guru opinions 8-14-17

Iraqi Dinar Guru opinions 8-14-17

8-14-2017 Newshound Guru Enorrste We do have some good news…we are much, much closer. I wouldn’t say the fat lady started singing yet, but I do think I hear her in the background practicing. The IMF became a trustee of the CBI back in 2015…they said we need you to become a member of the world community. Then as I recall in the middle of last year they announced that they were going to bring them into the real world by the middle of this year which has just passed. I believe that because of Mosul they were thrown back a bit and once they took control of Mosul, the GOI fell right in line with the IMF goals and said now we are ready to move. So I think we are on the right path and I still think the IMF is in control. The IMF is pretty good at setting benchmarks, so we have a pretty clear picture of where we are at this point. So even thought it is not happening at the pace we would have liked, it is happening… The IMF is keeping this on track. Read more…

Iraqi Dinar Guru opinions 8-13-17

Iraqi Dinar Guru opinions 8-13-17

8-13-2017 Newshound Guru MilitiaMan “Iraq is entering the global financial markets with great success” Quotes: “this move gives a strong signal to investors to deal with Iraq with high confidence…” “The plans implemented by Dr. Abadi three years ago were well studied, especially with regard to capital. We succeeded in maintaining the dinar exchange rate while continuing to pay salaries and dues, maintaining the war against the enemy and achieving economic victories parallel to security.” The confidence the investors have in Iraq has arrived. An additional point to think about is the three years it has been in the making. If we recall the MOP shows that time line for the IQD as well… with two sets of books per se, one may deduce they have been doing them for a heck of a lot longer than ever thought. If true, how sweet it is!! Read more…

Iraqi Dinar Guru opinions 8-12-17

Iraqi Dinar Guru opinions 8-12-17

8-12-2017 Intel Guru RayRen98 The update information I sent out is still the prevailing information. The video clip brought a lot of discussion of PM Abadi having a press conference and a cavalier type statement, to my way of thinking, that Iraq had exited Chapter 7. Some will debate that’s not new news and some say they are still in Chapter 7. That puts the debate to an end. He’s made the proclamation. Also, info still inconclusive on the IMF. Cannot give it 100% yet…That is IMF making reference to Iraq being Article 8 compliant. That’s not the same as proclaiming them Article 8, making it in effect. Could make for discussion, “are they or are they not.” Read more…

Iraqi Dinar Guru opinions 8-11-17

Iraqi Dinar Guru opinions 8-11-17

8-11-2017 Newshound Guru G-Lin “Report: Electronic payment removes the “dinar” from the pockets of employees” Quote: “The salary of the employee will be 2000 Iraqi dinars (less than two dollars), regardless of its value.” Well to me it is saying that there may be plans for a different value for the dinar. At todays rate of 1260 they are getting $1.59 for 2000 dinars. If that changes to a 1 to 1 they would receive 2000 dinars worth a lot more in purchasing power than that $1.59. In Iraq 2000 dinars will always be 2000 dinars. A change in value is what we are looking for of course. That 1 to 1 means something totally different to in-country versus what it means to us. We be dancing in the street. I just liked that they said ” regardless of value.” I can’t imagine the value going anywhere but up. All JMO. Read more…

Iraqi Dinar Guru opinions 8-10-17

Iraqi Dinar Guru opinions 8-10-17

8-10-2017 Newshound Guru Kaperoni “Iraq : 2017 Article IV Consultation and Second Review under the Three-Year Stand-by Arrangement…” Quote: “The simplification of documentation requirements implemented by the Central Bank of Iraq led to a decline in the parallel market spread to 6 percent in June 2017.” So we have confirmation from the IMF that the CBI spread (official rate to market rate is at 6%)…well out of compliance of the required 2% in order to move to Article VIII. The CBI has to find a way to get the market rate down to 1207 or so. Currently it is 1260. …the IMF states that Ali al-Allaq and his team have lowered the spread from 11% in December to about 6% currently. Still out of compliance for acceptance into Article VIII, but progress. …the CBI believes that three of the SB’s (i believe that means Structural Benchmarks) can be met very soon. The key one’s seems to be the law in parliament to modify the CBI law and freeing up one of the CBI’s current financial restrictions which they believe is the reason for the current 6% spread. If so, this is more good news. Clearly they are working to reduce the spread and get in compliance as soon as possible. Read more…

Iraqi Dinar Guru opinions 8-9-17

Iraqi Dinar Guru opinions 8-9-17

8-9-2017 Newshound/Intel Guru Mnt Goat Article: “Iraq in Final Talks to settle debt entire Gulf Debt Economy News Baghdad” Saleh is not talking JUST about the Kuwaiti debt. He is talking about ALL Gulf debts for Iraq from the Paris Agreement. So Iraq plans to settle all these debts amounting to 45.6 billion. This is wonderful news and surely hike up their credit rating. But how will they do it? This is a huge sum of money. This will also lead to getting “fully” out of Chapter VII sanctions. I luv this news… Read more…

Iraqi Dinar Guru opinions 8-8-17

Iraqi Dinar Guru opinions 8-8-17

8-8-2017 Newshound/Intel Guru Mnt Goat I want to clarify and dismiss these rumors going around that once they pay on these SMART cards the rate of the dinar has to RV or had RV’d. This is not true…these are only debit cards issued thru Mastercard and Visa…the cards are tied to a bank account. The money is NOT on the cards! There is NOT any new IQD rate on these cards. The in-country market rate is used for the dinar. This rate is decided by the CBI and IMF. The dinar in the country is not changing EVER until they launch the newer notes that eventually and gradually will replace the 3 zero notes…once the dinar goes up in value there will be more purchasing power in Iraq…the rate will be whatever the CBI and IMF decide. There is now only one rate and it is the provisional rate while still under sanctions. Read more…

Iraqi Dinar Guru opinions 8-7-17

Iraqi Dinar Guru opinions 8-7-17

8-7-2017 Intel Guru Frank26 As we SHARED …IOO …The 1 to 1 is next as it transitions from GOI books to Employers’ books.

8-7-2017 Intel/Newshound Guru tman23 They at some point need to lift the 3 zeros and the CBI gave the green light March 2015 to begin…Then Alak said although ready, not until they had control of Provinces…WHICH THEY DO NOW!! Read more…

Iraqi Dinar Guru opinions 8-6-17

Iraqi Dinar Guru opinions 8-6-17

8-6-2017 Newshound Guru Breitling …it’s in their parliament. The justification report to get to that stage was it needs to get to $1.13 before that so they can stage the economy correctly so they can get to the $3 rate again. This report was put out by parliament…the whole idea behind it was the justification for an exchange rate adjustment. So it’s staged and the four stages are 1. Putting U.S. dollars into the Iraqi economy so the people have a solid currency. 2. Reestablish their currency [The dinar]. 3. Through that currency and through the exchange rate reestablish their economy…get their economy to a $1.13 or around a dollar. 4. And then from $1.13 they can get to to the $3 range. Read more…

Iraqi Dinar Guru opinions 8-5-17

Iraqi Dinar Guru opinions 8-5-17

8-5-2017 Newshound/Intel Guru Mnt Goat Article: “Reuters: Iraqi general sees easy victory over exhausted IS fighters in Tal Afar” Just so you know, I am not presenting this article because I believe that once ISIS is gone from Tal Afar or from Iraq in general, that the CBI will automatically trigger some RV. I did not believe that once Mosul was liberated it would RV. …there is much more to do prior to getting to the level of SECURITY needed. Let’s also think about the needed STABILITY which is getting the new Iraqi constitution “fully” implemented. We just have to wait and watch the saga play out and hope that nothing HUGE happens along the way to disturb the process. We also see the 2018 elections coming up in the horizon and once again we have to be cautious that they RV prior to this timeframe… Read more…