Posts Tagged ‘Guru’s’

Iraqi Dinar Guru opinions 7-19-16

Iraqi Dinar Guru opinions 7-19-16

7-19-2016 Newshound Guru Aggiedad77 Article: “THE WORLD BANK AND THE GOVERNMENT OF JAPAN TO BOOST INCLUSIVE GROWTH AND DEVELOPMENT OF THE PRIVATE SECTOR IN IRAQ” Keep in mind…that this money spoken of here is completely different than the “loans” the IMF has provided to Iraq…and in much of the situations where this arm of the WB is involved…this money does not require payback…but…the WB is getting involved to provide oversight on how the money will be used, where it will be used, and what programs get earmarked for it…can you say “ORGANIZATION”. That is a good thing…these private sector entities are being pulled together and targeted for funds and assistance in a way that will promote “reforms” and the “private sector” for Iraq…more of the progress we want and need to see for them. Read more…

Iraqi Dinar Guru opinions 7-18-16

Iraqi Dinar Guru opinions 7-18-16

7-18-2016 Newshound Guru Millionday Article quote: “Economic Adviser to the Prime Minister, the appearance of Mohammed Saleh, about the deal with the International Monetary Fund as a «financial protection for Iraq» and expressed optimism about the improvement in the credit and financial viability of Iraq by the surge in Iraq ‘s international value of the bonds that created until 2028, amounting to $ 2.7 billion revealed , particularly after the IMF approved a loan worth $ 5.3 bill” THE IMF HELP IS SEEN AS SECURITY FOR IRAQ. GLOBAL INVESTMENTS WILL HELP WITH CREDIT RATING – A LOT BETTER THAN NOT. THE BONDS OUT CREATE A BETTER ECONOMIC PICTURE FOR IRAQ GLOBALLY. THE IMF IS HELPING IRAQ TO STAND ON THEIR FEET AND HELP THE ECONOMIC CONDITION AS THEY GO TO MARKET. THE EXACT FIGURES ARE NOT INCLUDING THE PAST BUT WILL STILL CREATE A WAY TO MAKE IT RIGHT BUT THE CALCULATION WILL BE ABOUT THE IRAQ THAT STANDS NOW – EXCELLENT. Read more…

Iraqi Dinar Guru opinions 7-17-16

Iraqi Dinar Guru opinions 7-17-16

7-17-2016 Newshound Guru Millionday Article quote: “The Iraq Mission Chief for the International Monetary Fund (IMF) has said that he sees no reason to devalue the Iraqi dinar “under current circumstances“, and says the authorities are “committed to maintaining the Iraqi Dinar’s peg to the U.S. dollar“. DEVALUING OBVIOUSLY WOULD NOT HELP IRAQ AT ALL WHILE THEY ENTER THE MARKET. SO AS WE SEE AS WE KNEW — THE DINAR WILL BE ACCORDING TO THIS REPORT PEGGED TO THE USD. Read more…

Iraqi Dinar Guru opinions 7-16-16

Iraqi Dinar Guru opinions 7-16-16

7-16-2016 Newshound Guru wmawhite bottom line is; look around the region and ask …”when Iraq is compared to the other countries and their GDP is the true value of Iraq reflected in their currency at $0.00086?” Simply; No. And this is why Iraq does not use it and that there are obstacles preventing it from being used as Citibank stated. IMO, when those obstacles are removed and the movement of the IQD is freed, IMO the CBI will move the value of the IQD to reflect its true value. Read more…

Iraqi Dinar Guru opinions 7-15-16

Iraqi Dinar Guru opinions 7-15-16

7-15-2016 Intel Guru Frank26 …it is very important that you understand the United States and Kuwait government devalued the Kuwait currency down to zero, practically nothing…and Saddam Hussein was the reason…so America comes in…and the first thing that we did was Marshall Law…and we took over the banking structure…In other words everything I’m telling you is the equivalent…and it is happening in Iraq…with very slight differences…using the American dollar until they were ready to bring back the Kuwait dinar…back to the international rate…with these loans they will quickly remove anything that is left as a remainder of Article 8…once they do qualify and all of Article 8 is removed…MO…all they need to do is raise the value of their currency…and that is it…that should be the final restriction.. Read more…

Iraqi Dinar Guru opinions 7-14-16

Iraqi Dinar Guru opinions 7-14-16

7-14-2016 Newshound Guru Millionday FORMAL STATEMENT: “President Fuad Masum, on Wednesday, the 58th anniversary of the founding of the Republic of Iraq and the revolution of July 14 to establish diplomatic and economic relations with all countries of the world on the basis of equality and mutual interests, while stressing the need for refusal axes “policy.” PRESIDENT MASUM HAS CALLED ON WED — INDEPENDENCE DAY TO BE THE ESTABLISHMENT ECONOMICALLY WITH ALL THE COUNTRIES OF THE WORLD. ECONOMIC RELATIONS WITH THE ENTIRE GLOBE IS WHAT THE GLOBAL PRICING INDEX WAS DONE FOR – THE ANNOUNCEMENT OF HOW THE VALUE OF THE DINAR AND US DOLLAR WILL COMPARE IN COUNTRY CAN ONLY COME FROM THE GLOBAL PRICING INDEX CALCULATION – NO OTHER WAY NO MATTER WHAT SOME MAY SAY OR MISTAKENLY GUESS — THE OUTSIDE THE COUNTRY VALUES WILL BE A RESULT FROM THIS CALCULATION — ECONOMICS 101. THIS IS GREAT NEWS AND A HUGE FORMAL STATEMENT FOR IRAQ’S PROGRESS AS AN INDEPENDENT AND OF COURSE TOWARD MARKET ECONOMY FOR THE NEW IRAQ. Read more…

Iraqi Dinar Guru opinions 7-13-16

Iraqi Dinar Guru opinions 7-13-16

7-13-2016 Intel/Newshound Guru Poppy3 […I was so excited when I saw the posts about the 1.18 in Iraq…] THATS WHAT I RECEIVED SEVERAL TIMES…I WAS ALSO TOLD THAT IS NOT A RV RATE OF ANY KIND AND IT WOULD BE A MINIMUM BASE FOR THEM TO WORK FROM BUT THATS A GREAT START… PERTAINS MORE TO FULFILLING THE BUDGET REQUIREMENTS. WE WAIT FOR ACTIONS TO BRING FORTH THE FACTS. I HAVE NEVER HEARD ANYTHING FROM ANYONE OFFICIAL THAT HAS ANYTHING TO DO WITH SETTING A RATE STATE ANYTHING ABOUT A FLOAT. THEY HAVE ALWAYS MAINTAINED A REASONABLE, MEDIAN RATE THEY KNOW THEY CAN MAINTAIN AND GROW THEIR ECONOMY FOR AT LEAST 24 MONTHS BEFORE THEY ALLOW A MARKET ECONOMY FLOAT PERIOD. Read more…

Iraqi Dinar Guru opinions 7-12-16

Iraqi Dinar Guru opinions 7-12-16

7-12-2016 Newshound Guru rcookie Quote: “… forcing banks to deploy ATMs in every province… and the introduction of credit cards for banks digital money…” THEY ARE DISCUSSING GOING DIGITAL WITH THE INTRODUCTION AND DISBURSEMENT OF SOPHISTICATED NETWORK OF ATM MACHINES THROUGHOUT THE PROVINCES ACCORDING TO POPULATION DENSITY…AS WELL AS BRING BANKING SECTOR TO THE LEVELS OF ADVANCED TECHNOLOGY AND SERVICE OF GLOBAL STANDARDS… Read more…

Iraqi Dinar Guru opinions 7-11-16

Iraqi Dinar Guru opinions 7-11-16

7-11-2016 Newshound Guru wmawhite “1. Delete the zeros phantom inflation inherited from the siege and war…2. Be the dollar value of 1 is equal to 1 dinar and 118 fils. 3. eetm payment in Iraqi dinars for imports from China, Iran, Russia and Turkey are all state of understanding with them about the currency that is dealt with.” This is an Iraqi banker discussing on social media the need as well as the revaluation of the IQD. The information he discusses is quite detailed, even to the point of stating that the currency will have 100 fils. IMO, he is comfortable enough to discuss this because it is common knowledge within his profession. Why else discuss it? We have the CBI, GOI telling us this is what they wany to do…And now, here is a banker telling us the details. [WHAT IS 100 FILS…?] a FIL is less than one…Think of our 1 cent, nickel, etc. Read more…

Iraqi Dinar Guru opinions 7-10-16

Iraqi Dinar Guru opinions 7-10-16

7-10-2016 Newshound Guru Millionday Article: “The International Monetary Fund’s (IMF) executive board has approved a $5.34 billion program for Iraq to help strengthen the country’s finances. The IMF said in a statement on July 7 that the three-year loan will see $634 million immediately allocated to Baghdad.” NOTE — IMMEDIATELY… THIS IS A GREAT THING TO SEE THIS MOVE FORWARD — THEY HAD STIPULATIONS IN INK…NOTE –THE IMF IS NOT THE IRAQI GOV == THEY DO NOT MEET FOR A REASON JUST TO TALK, THESE ARE FORMAL MEETINGS WITH IRAQ… THEY HAVE COMPLETED THE FIRST AND SECOND REVIEWS…THIS IS GREAT GREAT NEWS…SO VERY EXCITING… IMO. Read more…

Iraqi Dinar Guru opinions 7-9-16

Iraqi Dinar Guru opinions 7-9-16

7-9-2016 Newshound/Intel Guru BGG we are on the “upswing” as far as investments go…this LOI to the IMF and IMF oversight is BIG NEWS… and explains a lot regarding the clean-up and direction in Iraq right now…had the previous Shia bunch had their way – this may have NEVER HAPPENED… as of now – things are moving along AT SPEED!! Personally – (and this is my take)…the first half of the year – is some kind of “manufactured” DEAD-LINE…in reality – they are “in the process” of re-engaging with the world markets and economies now…on schedule – under the advisement and oversight of the IMF…and this – is BIG NEWS. Did they say R.V. by such and such date?? NO – but they did say they would start this process and they have…it is very – very – VERY good for us, as investors. I am excited – and I sat in on one of the first board meetings about Dinar there ever was. Read more…

Iraqi Dinar Guru opinions 7-8-16

Iraqi Dinar Guru opinions 7-8-16

7-8-2016 Newshound Guru rcookie TO ALLOW FOR PERSPECTIVE AND PROGRESS YOU HAVE TO LOOK AT THE LOI’S THROUGH THE YEARS AND LOOK AT THE INITIATIVES…THE REVIEW WINDOWS AND CYCLES TO SEE THE SCOPE OF THE PROGRAMS AND TECHNICAL ASSISTANCE FROM IMF AND WB…AND HOW THEY HAVE SHAPED EVERY SINGLE COMPONENT OF THEIR 5 YEAR STRATEGIC PLAN THAT IS PUBLISHED ON THE CBI WEBSITE…AND DOMINATES EVERY POLICY AND ACTION THEY UNDERTAKE…THESE INITIATIVES AND ACTIONS ARENT THINGS THAT JUST CAME TO THEM…THEY HAVE BEEN RESTRUCTURING THE SOB’S WITH WORLD BANK ASSISTANCE SINCE 2006…THATS 10 YEARS…SO WHEN WE READ A COUPLE OF MONTHS AGO THEY WERE 97% COMPLETE…THAT IS 10 YEARS IN THE MAKING… Read more…

Iraqi Dinar Guru opinions 7-7-16

Iraqi Dinar Guru opinions 7-7-16

7-7-2016 Newshound Guru wmawhite Article: “Iraq new 500-dinar note with Kurdish confirmed” After reading this article/announcement…I asked why would the CBI spend $millions on a note that has a current equivalent value of $0.43. Currently, this note has no place within the market place, similar to the former 50 IQD note. Yet, they spend millions to make the Kurds happy based upon promises made years ago. IMO, this is evidence that a shift in the value of the Iraqi Dinar is near because this note will be of no value in the marketplace unless the price of product is reduced dramatically. This will happen when the value of the IQD increases dramatically OUTSIDE of Iraq. Read more…

Iraqi Dinar Guru opinions 7-6-16

Iraqi Dinar Guru opinions 7-6-16

7-6-2016 Intel Guru Frank26 The international companies are waiting…salivating for a chance to get into Iraq…but continue to wait for them to change the value of their currency. Abadi said he solve things after EID. EID is the 6th, 7th and 8th of July. Right after EID…all of the reforms will travel at a much faster pace. [Guru] Delta called this week and says “…The CBI is going to release the 500 IQD note with the Kurdistan language on it.” As you know, the citizens already have a 500 IQD note (without the Kurdistan language on it). …IMO…when the value of the IQD goes up…the new 500 IQD note …will be THE LARGEST DENOMINATION! There will be no more 3 zeros! The 3 zero notes will fade away…because mathematically (with the new rate)…those don’t work. When they raise the value in Iraq…the 3 zero notes won’t be usable to the citizens any longer. The plan is to lift the 3 zeros from the citizens. 500 IQD note (and notes lower than that) is all that will be used in the future. The others will be deleted over the next few years. Read more…

Iraqi Dinar Guru opinions 7-5-16

Iraqi Dinar Guru opinions 7-5-16

7-5-2016 Newshound Guru Millionday IRAQ HAS NOT SOLD THE GAS THEY PRODUCE AT ALL — THEY HAVE A HUGE RESERVE AND HAVE NOT EXPORTED AND USED THE WEALTH FROM GAS — SHOCKING…AND WE MEAN FOR DECADES. SO NOW THEY ARE STATING THAT PART OF THE MARKET GOAL IS TO EXPORT GAS — THEY ARE TO START NOW WITH MASS PRODUCTION FOR THE DIVERSITY OF THE MARKET… THIS IS ACTUALLY HUGE IN ALL AND FOR ALL COMMERCE IN IRAQ — HUGE FOR THE COUNTRY AND HUGE FOR THE MARKET AND HUGE FOR THE GLOBE. IMAGINE THE DEALS GOING ON FOR THIS TO TAKE PLACE… [… how does a Country export with out a rate?] THIS WILL REQUIRE AN EXCHANGE RATE IMO — NO WAY AROUND IT THAT I CAN SEE…IMO…HUGE NEWS. Read more…

Iraqi Dinar Guru opinions 7-4-16

Iraqi Dinar Guru opinions 7-4-16

7-4-2016 Newshound Guru Millionday Article quote: “…ways of enhancing the national economy through research in fast-action real action toward the multiplicity of economic resources and the dimensions of the national economy for the rentier status that accompanies it for decades…” THEY ARE LOOKING FOR A WAY TO HAVE DISPENSABLE INCOME ON THE STREETS IN THE NATION… BAGHDAD HAS CALLED FOR THE NEW TAXATION TO BE ACTIVATED — SO THEY ARE STATING THAT ALL THE NATION NEEDS TO FOLLOW THESE ORDERS TO SUPPORT THE COUNTRY. THEY ARE CALLING FOR THE PRIVATE SECTOR TO BE ABLE TO GROW AND BE INDEPENDENT BUT ALSO A PARTNER IN THE ECONOMIC REFORM OF THE COUNTRY — ASKING TO GO THROUGH THE BANKS AND THEY LOAN AND BE A PARTNER. OBVIOUSLY SAYING IT IS TIME TO ACTIVATE THE MARKET. Read more…

Iraqi Dinar Guru opinions 7-3-16

Iraqi Dinar Guru opinions 7-3-16

7-3-2016 Newshound Guru Enorrste Article: “Parliament: the signing of Iraq to loans require him to impose extra taxes on the citizens needed to be reviewed” First, I believe that it is obvious that this is all being directed from the IMF. As trustee of the CBI they are fully in control now, in my view. I see this, then as a positive move. How, then, can raising taxes on the people of Iraq be seen as a positive move? The answer is in the articles themselves. First, only the wealthy are being taxed. Anyone on government assistance is excluded. Second, we read in the articles…that the goal is to get the money out of the mattresses. Obviously asking the wealthy to do this isn’t working. How else can they do this? Simple: tax it away from them. In doing so the government increases its revenue while at the same time possibly reducing the money supply (to the extent that they don’t spend it). Read more…

Iraqi Dinar Guru opinions 7-2-16

Iraqi Dinar Guru opinions 7-2-16

7-2-2016 Intel Guru Frank26 Atticle: “Parliamentary Economy: edit Mosul will stimulate investment and the private sector in the country” “GIVE ME MOSUL…AND WATCH THE REFORMS PICK UP AT A VERY VERY VERY QUICK… PACE…” We told You this a month ago but take heed …THEY NOW TELL YOU OUR… KEYWORDS. Read more…

Iraqi Dinar Guru opinions 7-1-16

Iraqi Dinar Guru opinions 7-1-16

7-1-2016 Intel Guru SteveI […you have mentioned you are hopeful for July a few times. Is that based on news or information from your sources?] Here is my reasoning for mentioning July a few times. There seems to be a very good sound agreement between the IMF and Iraq. Now the so called “Letter of Intent” had some very specific details regarding the Foreign Exchange Policy. When I read that section, among other it was very exciting to say the least. However, I have not seen any final document that was signed with the same conditions. It could be very possible that Iraq and the IMF negotiated various terms…and the one in December is not necessarily the one signed in March. If we all knew for a fact that the March final agreement was exactly as the December agreement, I would pretty much say this is a done deal in July or when Iraq receives their first loan payment. The bottom line is, if the exact same terms and conditions were in the final signed agreement, they [then?] you all should start smiling and get ready for something very exciting… Read more…

Iraqi Dinar Guru opinions 6-30-16

Iraqi Dinar Guru opinions 6-30-16

6-30-2016 Newshound Guru Millionday Article quote: “…identify trends in banking reform and clear indicator that changes made by the government in the departments of government banks as an important step on the road to reform.” THIS IS TELLING US THAT STEPS HAVE BEEN MADE TOWARD BANKING REFORM…THE GOVERNMENT IS ATTEMPTING TO FINISH ALL BANKING REFORM STEPS. THE GOVERNMENT PROGRAM APPEARS TO BE LAUNCHED AND THEY ARE WORKING ON IT WITH THE CBI INITIATIVE. SOME CHANGES HAVE TO TAKE PLACE FOR THE BANKING REFORM TO BE ACTIVATED TOTALLY BUT THEY DONT APPEAR TO SAY WHAT CHANGES. IT APPEARS ACTION IS TAKING PLACE TO WORK WITHIN THE REFORMS AND LAUNCH. THE JOINING OF THE PRIVATE SECTOR AND THE GOV AS THEY RUSH THE ENTIRE LAUNCH OF THE GOV PROGRAMS AND THE BANKING REFORM WITH CBI AT THEIR SIDE. WE HAVE GOV PROGRAMS — CBI INITIATIVE — CLEARANCE FOR INVESTORS — AND BANKING REFORM — WITH LEGISLATION FOR THE COUNTRY AND MARKET ECONOMY…THE MOVE TO A MARKET ECONOMY — THIS IS GREAT NEWS. Read more…