Iraqi Dinar Guru opinions 2-5-17
Iraqi Dinar Guru opinions 2-5-17
2-5-2017 Newshound/Intel Guru BGG …I hope conditions remain on the gain so the CBI and the GOI can get started with the economic and currency reform program in the first part of 2017 (as they have already forecasted). I doubt Trump has much to do with this. In fact, if he will have anything to do with it – he will obviously want Iraq pulling their own weight and at a real currency rate. He has plainly said he is not OK with countries operating at artificially low currency rates. If we haven’t learned anything about Trump – we should have learned that he speaks plainly and pretty much is going to move ahead on the things he has said he would. One of these items is “world currency parity” – he’s harped and harped and HARPED on this. There isn’t a single authority on the subject who doesn’t agree that Iraq’s currency value is vastly undervalued. They want this fixed. So relax. This in on the way… Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-4-17
Iraqi Dinar Guru opinions 2-4-17
2-4-2017 Newshound/Intel Guru BGG Article: “The battle for Mosul: I have never seen such hard fighting like this” Daesh has lost half the city so far. There is no hope they will regain it. The UN came out of a security briefing just yesterday with a time-line in their heads… their comment “Daesh’s days are numbered”…They did not say – directly. I take “numbered” to mean – no so long. …I don’t see Daesh in full retreat (yet) – but there is no doubt they are on the wrong end of things right now. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-3-17
Iraqi Dinar Guru opinions 2-3-17
2-3-2017 Newshound/Intel Guru Arthur There is clearly and quite palpably nothing formerly glorious about the UN sanctioned current programmed rate of the IQD. And the very notion that they are satisfied or could even continue indefinitely to function at this level is totally ridiculous. The Arabic phrase “former glory” used by the Iraqi’s here as مجـده السـابـق clearly indicates a return to its original high standing it had when it was one of the worlds leading currencies. They have indicated in no uncertain terms that as soon as Mosul is sufficiently edited the Iraq currency will then and only then return to its aforementioned “former glory.” The UN meeting today showed they are well into finishing up this phase which is the liberation of the Western portion of Mosul. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-2-17
Iraqi Dinar Guru opinions 2-2-17
2-2-2017 Intel Guru Frank26 I think that there has been some undisciplined people (MEDIA) in the Middle East…a few slip-ups in the media lately …one that came out of Basra News…where they talked about 3.84 and 3.64…seriously! We called it the “perfect mistake” …and another one came out on Tuesday… talking about raising 4 Million Dollars for some fund raising for some religious thing. They said something like 50 IQD was = to 38 USD’s. NO IT’S NOT! I believe there is a lot of “leakage” going on about the MR. The numbers…IMO… are not mistakes…they removed them…out of fear. IMO — The CBI is allowing this. The perfect mistake IMO is nothing more than the jump of the gun. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 2-1-17
Iraqi Dinar Guru opinions 2-1-17
2-1-2017 Intel/Newshound Guru Mnt Goat Article: “A government source revealed on Sunday, for the low monetary reserves of the Central Bank of Iraq to $ 45 billion, as a result of the deterioration of oil prices and the continuation of the “waste” of public money.” First they told us the CBI reserves are safe in the near future, as they are stabilized due to the recent borrowing and other resources. I quote from the article above – “the government has stopped for the time being its reliance on central bank reserves, and began to take advantage of the state’s resources and borrowing,” …so now we know they no longer have a need to tap into the reserves as they are using other sources to make up the deficit going forward. But the best news is…I quote from the article above – “is expected to return to its former glory after the end of the war on Daesh” …we must wait for the final announcement from PM Abadi that the war with Daesh is entirely over. This is when the war will be “officially” ended. But nonetheless it is still excellent news to hear it from the mouth of the CBI once again. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 1-31-17
Iraqi Dinar Guru opinions 1-31-17
1-31-2017 Intel Guru RayRen98 Over the weekend we grew to 39 banks, three credit unions, and 5-6 dealers openly buying and selling dinar. We are still very much in this game. We haven’t taken any steps backward, although there was possibly a pause this weekend, and didn’t take the further steps that would allow me to lay out where we actually are in this game. I suspect information will come in over the next couple of hours, maybe, about what happened and where we are. I know we are somewhere near the end…It’s just a matter of time, so we wait. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 1-30-17
Iraqi Dinar Guru opinions 1-30-17
1-30-2017 Newshound Guru Breitling …they don’t need to be in the beginning of the year to change the value of their currency. It would probably be the most efficient if they did something at the beginning of the year but that’s never been an issue. They can just move the decimal over anytime they want. They can move the decimal over on their currency or they can move the decimal over on the books. They are reducing the note count in order to do that. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 1-29-17
Iraqi Dinar Guru opinions 1-29-17
1-29-2017 Intel/Newshound Guru Backdoc Article: “Federal Reserve Issues Progress Report on Efforts to Improve the U.S. Payment System” Quote: “The Federal Reserve on Thursday released a progress report outlining accomplishments and anticipated steps moving forward related to the ongoing initiatives to enhance the speed, efficiency and security of the U.S. payment system.” THE FEDERAL RESERVE IS TELLING US ABOUT THE STATUS OF THE NEW PAYMENT SYSTEM THAT WILL BE USED IN THE NEW REALITY! WE ALL KNOW THAT BASEL 3 REQUIREMENTS REQUIRE ASSETS TO BACK EVERY COUNTRY’S CURRENCY. WITH THAT IN MIND REALIZE THIS EXPLANATION IS THE PREPARATION FOR THE NEW DIGITAL DOLLAR WHICH IRAQ HAS BEEN SO IMPATIENTLY WAITING FOR! REMEMBER, THEY WANT TO GET RID OF THE OLD DOLLAR COIN! THIS CLEARLY TELLS US THAT THE COMPLETE BUILD OUT FOR THE NEW DIGITAL DOLLAR PLATFORM IS NOW CLEARLY IN PLACE! GREATER SPEED, EFFICIENCY, AND SECURITY IS NOW IN PLACE! Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 1-28-17
Iraqi Dinar Guru opinions 1-28-17
1-28-2017 Intel/Newshound Guru Mnt Goat Article quote: “the oil file in Iraq including the Kurdistan region Pat involves a high risk of misuse and its monopoly by the views of certain parties, so the lack of enactment of the oil and gas law in accordance with the directions and frameworks and national real guarantee that this natural wealth in the service of citizens will not lead to a bad future and make this wealth a curse for the people.” …can it get any clearer that they need national oil and gas law legislation HCL? Almost 90% of the national wealth is from oil revenue. Sure they are working on other sources of revenue too but these other efforts will take years. Especially with ISIS and now Iranian militias creeping at their doors again. This article is just yet another indication of the importance of this law. They will not pop the RV without having this in place to secure their wealth. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 1-27-17
Iraqi Dinar Guru opinions 1-27-17
1-27-2017 Intel/Newshound Guru BGG CBI still hasn’t updated the indicative rates (since 1/4/17) on the CBI – something is going on. What that change means? Hard to say…but the flip side is – to say it means nothing is a little arrogant. [its never been this long before…] Shoot – never been more than several days. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 1-26-17
Iraqi Dinar Guru opinions 1-26-17
1-26-2017 Newshound Guru Islandg1211 Allak and Shabibi both stated that they need security and stability, so that’s the date. It’s very reasonable to assume that the RV needs ISIS gone and a deal with the Kurds, that’s security and stability. Allak is saying exactly that, he is waiting for security from ISIS and also political stability. So, we don’t need to look for the RV before both of those things happen. Both events will be public. We will all see the celebration of the defeat of ISIS, and the Kurds making a deal with Baghdad. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 1-25-17
Iraqi Dinar Guru opinions 1-25-17
1-25-2017 Intel Guru Frank26 Didn’t we already suggest that it could be 1 to 1? They are slowly growing to the 1 to 1. Is that why there is no exchange rate…anywhere on the CBI website to be found? Hey CBI…wasn’t it about 4 years ago that Kuwait…on their bank spreadsheet… showed for about 48 hours…showed a rate for the IQD at 35 cents…and remember when everyone got excited and they called the CBI…and the CBI had to deny it? And then about 48 hours later, Kuwait removed the rate. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 1-24-17
Iraqi Dinar Guru opinions 1-24-17
1-24-2017 Intel Guru Frank26 We told you many times…Mosul is NOT part of the monetary reform…but Mosul is a requirement for it – in the sense of security / stability. You have seen some dramatic events to that fact (regarding Mosul) in the last 72 hours. Did we not say that once we have Mosul, very quickly you’ll have the MR? – and I still stand by that. Now, last week they told us they have liberated Mosul. Turns out they were talking about liberation of certain pocket areas but not all of Mosul yet. Let us agree that Mosul is NOT fully liberated yet…but very, very, very close. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 1-23-17
Iraqi Dinar Guru opinions 1-23-17
1-23-2017 Newshound Guru wmawhite Article: “Class US site of the Iraqi currency [dinar] at the bottom of the strongest Arab currency arrangement.” Quote: “According to the order published on [howmuch.net] the US, the GCC currencies were among the strongest Arab currencies, are bottom, including Iraq…” …the Iraqi currency [dinar] at the bottom of the strongest Arab currency arrangement. Folks,…ask yourself why does this particular short article appear in an on-line business publication that out of all of what is happening in the ME it points out this? Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 1-22-17
Iraqi Dinar Guru opinions 1-22-17
1-22-2017 Intel Guru Frank26 [If the CBI website (arabic side ) is still not showing a rate, how long can that continue? I am wondering what requirements, if any, there are for reporting the exchange rates at a given interval?] Yes… It’s called an RV… Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 1-21-17
Iraqi Dinar Guru opinions 1-21-17
1-21-2017 Newshound Guru Breitling …There are 3 windows Iraq has been talking about. There are no specific dates or months. They’re simply watching the markets. There’s also reaction on how they are handling ISIS. Having said that, they have a plan if the civil war between the Sunni and the Shia continues…they are going to add value to the currency, so they have ways to get around that. In 2017 they specifically talked about 2 opportunities to raise the value of their currency. At what speed, at what point, at what time? They never really said. I simply don’t know but I do know windows are coming up. We passed one…that was back in November and that was based on how they were watching the markets…that point passed. If these two windows in 2017 are missed they are going to revalue anyways so it really doesn’t matter…I don’t know the exact dates I really don’t. If I was to calculate, probably the end of spring…That’s a guess and I rarely do that and that’s pushing it, it truly is. That does not mean they can’t revalue tomorrow by the way. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 1-20-17
Iraqi Dinar Guru opinions 1-20-17
1-20-2017 Intel/Newshound Guru Mnt Goat …the RV is pending due to having the needed security and stability and this “security” is the needed stability the CBI keeps talking about is the liberalization of Mosul and this “stability” in getting the banking sector up and running along with fighting corruption and money laundering. They are doing this in amazing speed with new regulations and internal and international standards. I hope that by now you all realize this is the goal and the way to get the RV. So the FACT is at some point they need an international currency once in article 8…they have already promised to abide by all the articles and conditions. They also do not yet have a global currency from the sense necessary for what we want. The IMF is closely working with Iraq to get them to the place they need to be to meet all these conditions of article 8. This movement to article 8 is dynamic and ongoing. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 1-19-17
Iraqi Dinar Guru opinions 1-19-17
1-19-2017 Intel Guru Frank26 …I made a mistake…I told you that Abadi needs to be in-country for the RV to occur…my humblest apologies…Abadi does not have be in Iraq for the RV to occur… [Guru] DELTA…said that Abadi needs the Monetary Reform…the CBI needs the Monetary Reform…the GOI needs it…for their international credit…for their trust… They are working on a lot of laws…these laws are for the GOI…not for the CBI…the CBI has all the laws they need…we told you the CBI is sitting there waiting waiting for the GOI to pull the trigger…waiting for Abadi to point at the CBI whoever is in charge out there and pull the trigger…the CBI has all of their laws…in fact their laws are for international structure and standards…the CBI is ready. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 1-18-17
Iraqi Dinar Guru opinions 1-18-17
1-18-2017 Intel/Newshound Guru tman23 Article: “Central bank: deletion of zeros from the currency deferred for the time being” Deferred for the time being…When I read this… my first thought was… THEY ARE READY TO GO… To say deferred for the time being is NOT “Iraqi LINGO”….If he had a teleprompter I would say the UST was on the other end typing…I expect to see BIG NEWS at anytime and not thinking in terms of weeks. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 1-17-17
Iraqi Dinar Guru opinions 1-17-17
1-17-2017 Newshound/Intel Guru BGG Article: “Governor of the Central Bank’s “Tomorrow Press”: Iraqi dinar is not in danger and delete the zeros Postponed” [AND ALAK’S RESPONSE IS NOT UNTIL IT IS SAFE TO DO SO!…does this mean Mosul?] probably – (my take)…it really looks like control of Mosul (and liberation) seems to be some kind of criteria (set for them by someone else). however, there are numerous references to this happening soon. …in my book – that doesn’t negate any of the earlier CBI comments about the beginning of 2017 – sounds a bit like they may have had it planned for sometime before now and some calculus has put things off a bit…like Mosul? …AND Alak makes no mention of “how long” it is “postponed” (or what their original intended start date might have been)… a day – a week – a month?? He’s talking to a reporter. Could mean anything. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
