Posts Tagged ‘Guru’s’

Iraqi Dinar Guru opinions 12-27-16

Iraqi Dinar Guru opinions 12-27-16

12-27-2016 Intel/Newshound Guru Mnt Goat Article: “the importance of e-cash and its effect on increasing the money supply within the banking system” …the e-dinar has many important reasons for its implementation. …they went before parliament and got it approved to roll out to all provinces and are doing so. Simply put this is their solution to lack of liquidity in the banks. But…it does not stop there since there are audit traits to fight and catch corruption. …we are seeing the process of the project to delete the zeros being implemented right in front of our noses. If you are not paying the salaries, pensions and other gov’t programs in cash then the CBI is not infusing the 3 zero notes back into circulation. Also the merchants, now hooked up to swipe their debit cards, eliminate cash dinars taken to the currency auctions. Instead they electronically use the e-dinar system to get dollars to pay for their imports. A complete audit trail. Read more…

Iraqi Dinar Guru opinions 12-26-16

Iraqi Dinar Guru opinions 12-26-16

12-26-2016 Newshound Guru Kaperoni Article: “Iraq has fulfilled the obligations of a decision to get out of Chapter VII” Quote: “…is noteworthy that the UN Security Council voted unanimously, in (June 27, 2013), resolution No. 2107 , which Iraq emerges in part from the provisions of Chapter VII of the Charter of the United Nations…” So there you have it. Back in 2013 when VP Biden chaired the UN meeting Iraq did not get out of Chapter VII as so many thought (I included). Apparently, the Oil-for-Food and Kuwaiti balance remained obstacles for complete removal. This apparently is now moving forward with a recent agreement to end the Oil-for-Food, leaving a $5 billion payment to Kuwait to end this once and for all. If so, currency reform may also be just around the corner. Read more…

Iraqi Dinar Guru opinions 12-25-16

Iraqi Dinar Guru opinions 12-25-16

12-24-2016 Intel Guru RayRen98 Things have been somewhat quiet in Iraq these past few days…Banks are at an all-time high expectancy rate. Some Wells sources confirmed seeing a memo last Monday indicating RV and exchanges by Christmas…guess not now. LOL. We are now up to 6 banks buying/selling the IQD, Wells should be on board next week! International acceptance is no longer a concern for me, put a fork in this meat, it is DONE! Read more…

Iraqi Dinar Guru opinions 12-24-16

Iraqi Dinar Guru opinions 12-24-16

12-24-2016 Newshound/Intel Guru BGG …if they keep on this development arc…they are on right now, that kind of security (a U.S. type environment) is achievable and it is in their future. If Iraq keeps going the way they are supposed to go and follow the IMF lead…it will be incredible. They will move forward VERY, VERY fast – THEY WILL MAKE DUBAI (The JEWEL of the Middle East) LOOK LIKE A CHARLIE BROWN CHRISTMAS TREE… Read more…

Iraqi Dinar Guru opinions 12-23-16

Iraqi Dinar Guru opinions 12-23-16

12-23-2016 Intel Guru Frank26 IMO…the budget will be activated on the 31st. If they do…they will need a rate…somewhere between Dec 20-26…Then watch in the next 3 months the RV evolve into the float. They will end with a cap. They talk so much about a 1 to 1. The Minister of Planning and Finance talked about a rate back in 2012…which would have taken it to $3.86…but they weren’t ready. When they raise the rate…it will FLY …and be controlled. It will be further controlled with a cap so that it doesn’t get out of hand like Kuwait…In Kuwait…it got up to $13…it got out of hand. In my opinion…once they reach that cap…it will be allowed to grow past that. Immediately after the RV starts (released)…it will start the process of calculations of the IQD…calculate for at least 3 months. Read more…

Iraqi Dinar Guru opinions 12-22-16

Iraqi Dinar Guru opinions 12-22-16

12-22-2016 Intel Guru Frank26 The 2017 budget is signed…but if it’s not fueled properly…it won’t accomplish anything. The usage of its OWN currency in needed. …historically…and for the first time it is signed and ready to launch based on certain numbers. …we have calculated the numbers that are necessary that must be in the budget. The price of OIL is not the only factor…but IMO…is the LARGEST factor …the oil prices in December will climb to around 60…and in 3 months …around March 2017…we should see it in 100 to 120 range…then in the summer it will go back down around 60. The budget needs to maintain itself somewhere around 60… this number is what we are looking for with Brent and WTI oil. This budget is very close to being released. Calculations are to the point to where the budget is going to work. The number we came up with…IOO…will maintain the 1 to 1 rate. Read more…

Iraqi Dinar Guru opinions 12-21-16

Iraqi Dinar Guru opinions 12-21-16

12-21-2016 Intel Guru Frank26 The IMF worked very, very hard with Iraq to maintain their numbers, MCP and to remove their restrictions on their currency to become internationally accepted. If banks are now selling the IQD…how long does the UST expect the American banks to hold-on to this basically worthless currency? Smells very strong of an RV…doesn’t it? To show NO RESTRICTIONS…means Article 8 have evaporated. All they need to do is raise the value of their currency. IMO – this year…2016. My new time line is the 20th to the 26th of this month. With the budget coming out to the internationally world by December 31st…IMO – the US Treasury is very happy…hence why the IQD is being made available in the American banks. I see international compliance…accepted before the RV of their currency…(that’s the RI). …IMO…they have completed the RI! IMO…it is the RV that is next. There was no announcement of these American banks with the IQD? (no memo) Very few knew about it. No announcements. It just happens. So will the RV. Read more…

Iraqi Dinar Guru opinions 12-20-16

Iraqi Dinar Guru opinions 12-20-16

12-20-2016 Intel Guru RayRen98 Some of the budget has been published but not what we are looking for. Why not, it’s a mystery. I have been given reassurances that what we are seeking is there, just not visible yet…told a long time ago, new value would be reflected in the budget…from the calculations. We’re waiting for it to show up in the Gazette. It is to go in effect January 1, 2017… If Mosul had any impact on it, you can see that is no longer an issue. For all intent and purposes, even though no announcement, I’m going to say this currency is International! Just over the weekend we learned four banks that at one time told you, “not touching (Iraqi dinar) with a 10 foot pole,” now buying and selling. Like they never, ever told you “we are not dealing with that currency and never will.” The rate right now is not the significant thing. It is they are now participating in it. For all intents and purposes, no matter how you slice, dice or flip it, this baby is done. Read more…

Iraqi Dinar Guru opinions 12-19-16

Iraqi Dinar Guru opinions 12-19-16

12-19-2016 Newshound/Intel Guru BGG [What’s up with the RV?] If you want to know about timing…listen to what Allaq with the CBI said…he said the Monetary Reform process would start in the early part of 2017…so the 1st quarter of 2017 is what the governor of the CBI says is when they will start the process. Read more…

Iraqi Dinar Guru opinions 12-18-16

Iraqi Dinar Guru opinions 12-18-16

12-18-2016 Intel Guru Frank26 Article: “Sources to Baghdad Post: Military operations in Mosul come to end” Quote: “The military operations in Mosul have come to an end, security sources told The Baghdad Post. The sources pointed out that a police reshuffle is imminent after Haider al Abadi visited the operations headquarters earlier.” We told You…From the 18th into the 19th …A [Abadi] would release sometime of importance with the MR. Today …The SECURITY for the MR. IMO…There will be more tomorrow. Read more…

Iraqi Dinar Guru opinions 12-17-16

Iraqi Dinar Guru opinions 12-17-16

12-17-2016 Intel Guru RayRen98 Some expectation about the budget over the weekend…hearing Sunday the budget will be published in the Gazette. We were told, many, many months ago…the rate was in the budget…If new rate is in the budget or they are going to implement it Jan 1…we should be seeing it between now and Jan. 1. Read more…

Iraqi Dinar Guru opinions 12-16-16

Iraqi Dinar Guru opinions 12-16-16

12-16-2016 Intel Guru Frank26 …we told you there was a time period…The 11th, 12, and the 13th…we felt there would be some meetings. The MEETINGS…very big…people from all over the world. Based on those who went there…(guesstimate)…it was a very good meeting. IMO – Abadi was at those meetings. The UST and the IMF and UN were definitely were there. They did a lot of work in these meetings about the MR of their currency. I do believe that they have decided on a RATE and a DATE…I believe that they have a TARGET. I do not talk to you about the 15th to the 31st…because it may not take that long …IMO. I believe they are pushing for 2016. Read more…

Iraqi Dinar Guru opinions 12-15-16

Iraqi Dinar Guru opinions 12-15-16

12-15-2016 Newshound Guru firefly Quote: “Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains two exchange restrictions and one multiple currency practice (MCP) subject to Fund approval under Article VIII, Sections 2(a) and 3…” Straight from the IMF. …talking past tense! no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2… Wow, wow, wow!!! [awesome news.] Yes it is. I see no hold ups whatsoever to date. Read more…

Iraqi Dinar Guru opinions 12-14-16

Iraqi Dinar Guru opinions 12-14-16

12-14-2016 Intel Guru Bruce Did anyone see the Operational United Nations site or check it today? The 13th is when the Operations rates suppose to be posted if there are any changes in them. The date it suppose to take effect is on the 15th. It is called the midmonth report. Today there was a note that there would be no mid month change of Operational rates. We had months were there was no change in the middle of the month, but not have a note say there will be a change on the 29th of December and effective 31 of December. They have never announced that as I just said. What does that tell us? The fact there is no middle of the month operational rate change tells me they want any rates we may see in the first basket currency be kept private. Kept quiet and not be out yet. Read more…

Iraqi Dinar Guru opinions 12-13-16

Iraqi Dinar Guru opinions 12-13-16

12-13-2016 Intel Guru Frank26 As far as the budget goes…Abadi is challenging the budget…they made a big mistake…(they meaning the ministers)… they misappropriated funds from the budget…and some were arrested. It is unconstitutional to make changes to the budget. Abadi saw that…and stopped it. The COM did not approve the budget. This budget…according to Abadi…will not be good until the council passes it. IMO – (and my Team)…the budget is only 1 to 2% away from being complete. In the past…if the GOI found a way to cheat someone (not a part of their tribe) – they would rip them off…but NOT now…things are changing. Read more…

Iraqi Dinar Guru opinions 12-12-16

Iraqi Dinar Guru opinions 12-12-16

12-12-2016 Intel/Newshound Guru Mnt Goat The liberation of Mosul is going according to plan…and Iraqi forces expect to have control of the city within the timeline set out by Prime Minister Haider al-Abadi, who has said he wants to see the city free of ISIS by the end of this year. Then we see yet more news from Ammar al – Hakim….he now heads up the National Alliance, of which the Dowa party if only a part of but the largest party. I believe he is keeping Maliki at bay. So this week he said that “national reconciliation project is a strategic plan chosen to bring Iraqis under one umbrella.” I believe the timing of this article in not coincidental and it is because the completion of Mosul liberation is imminent and they told us they want to target the rollout of the national reconciliation project with this event. They have told us they plan to implement this project following the liberation of Mosul. …all this news is almost unbelievable as we watch and wait each day. We are getting VERY close to EARLY 2017 and so hang in there more great things are coming… Read more…

Iraqi Dinar Guru opinions 12-11-16

Iraqi Dinar Guru opinions 12-11-16

12-11-2016 Newshound Guru wmawhite Read this carefully, it is from a recent statement from the CBI: “noting that ” the central bank began the first steps of the project through the selection of designs, companies and the country that will be done Print currencies. “He noted that” the introduction of new currency does not mean the destruction of ancient coins, but it will continue to trade to about ten years…” “the introduction of new currency does not mean the destruction of ancient coins, but it will continue to trade to about ten years,” Now hear this! Your “ancient coins (translation… currency/notes)” …in other words…your 25,000 IQD notes will always be 25,000 IQD notes. Eventually…as the larger notes are withdrawn from the marketplace…smaller notes will be needed because the price of goods will decrease, and such notes as the 25 IQD will be commonplace. Read more…

Iraqi Dinar Guru opinions 12-10-16

Iraqi Dinar Guru opinions 12-10-16

12-10-20216 Newshound Guru rcookie Article quote: “And about the prospects for Iraqi dinar to float, like other countries in the region, this relationship does not arise in the present, and we are working on is not currency float, and the big difference between the two.” READ THAT QUOTE FROM ALAK…AND ASK YOURSELF HOW DELUSIONAL YOU HAVE TO BE TO STATE AN ABSOLUTE VALIDATION TO THE FLOAT PLAN…WHEN IT CLEARLY STATES THE OPPOSITE… Read more…

Iraqi Dinar Guru opinions 12-9-16

Iraqi Dinar Guru opinions 12-9-16

12-9-2016 Newshound Guru Shredd Article: “The Governor of the Central Bank: no way to uninstall window selling the dollar, if the exchange rate became cancelled 3 or 4 thousand, maybe more/” As I read and reread through this, I look at the big picture which I always try to do. The scope of this is around the auctions. The cbi must keep them going to prevent collapse. They are the single most effective tool right now for the cbi to maintain stability in the currency. Future state, interest rates will become a primary tool. Now I know some people in the dinar world are going crazy because the word “float” is mentioned but.. Read more…

Iraqi Dinar Guru opinions 12-8-16

Iraqi Dinar Guru opinions 12-8-16

12-8-2016 Intel Guru Frank26 Somebody called me…yesterday…they said…“are you sure that the IMF is demanding that Iraq raise the value of their currency, in order for them to get the 2nd loan?” I said “yes.” I believe they are about ready to get their loan…which means they are about ready to raise the value…IMO. Article quote: “The remaining funds will be disbursed contingent on certain performance criteria consistent with the program’s objectives to reform Iraq’s financial and economic policy.” In order to get the 634 Million Dollar loan…the funds are CONTINGENT …to the reform of Iraq’s financial policies. What are those? To raise the value of their currency. What else? They must remove the RESTRICTIONS of the CURRENCY EXCHANGE…The program rate is a restriction. Article quote: “… it will SIGNAL that the currency can be freely exchanged…” This is impressive!!! …it is CONTINGENT…this loan… for the IMF…to see that the MR has to improve and there is so much evidence all over the place. This is amazing! Read more…