Posts Tagged ‘Guru’s’

Iraqi Dinar Guru opinions 1-22-16

Iraqi Dinar Guru opinions 1-22-16

1-22-2016 Newshound Guru wmawhite …the IMF has told the world how Iraq (CBI/GOI) is…not may…but is moving towards Article 8 compliance and that they (the IMF) expects Iraq to enter the market during the 1st half of 2016. [so we have till june?] We may have only until next week, or next two weeks, or until March or May. However, I go with the expectations of the IMF. Read more…

Iraqi Dinar Guru opinions 1-21-16

Iraqi Dinar Guru opinions 1-21-16

1-21-2016 Newshound Guru Mailman17 AS OF TODAY, IRAQ HAS 90 TONS OF GOLD IN ITS RESERVES WHICH REPRESENTS 4.6% OF THEIR FOREIGN CURRENCY RESERVE…I WILL LET YOU READ THAT STATEMENT AS MANY TIMES AS NEEDED TO SQUELCH ANY DOUBT THAT THEY CAN MORE THAN EASILY BACK A 1-1. THEY ARE RANKED 37TH AMONG THE TOP 100 NATIONS. ALSO, I FIND IT MORE THAN INTERESTING THAT IF YOU GO TO THE CBI WEBSITE AND LOOK AT THE NOTES THAT IRAQ CONSIDERS LEGAL TENDER AS OF TODAY, THE ENGLISH SIDE SHOWS EXACTLY WHAT THEY HAVE SHOWN SINCE INCEPTION OF THE NOTES IN 2003…AND YES, THE 50 DINAR NOTE IS STILL ACTIVE WITH NO SIGN OF THE 50,000 ANYWHERE. Read more…

Iraqi Dinar Guru opinions 1-20-16

Iraqi Dinar Guru opinions 1-20-16

1-20-2016 Newshound Guru Millionday “An invitation to link the Iraqi dinar to the global economy” UNDERSTAND THIS IS STOCK REPRESENTATIVE — OBVIOUSLY TALKING ABOUT PAIRING CURRENCIES AND ENTRY OF THE DINAR TO THE CURRENCY MARKET AND THE GLOBAL MARKET. THE PICTURE THEY ARE PAINTING IS — THE MARKET ECONOMY. IN ORDER TO ENTER THE GLOBAL MARKET IT HAS TO BE DONE WITH FAIR TRADE — MEANING THE INTERNATIONAL EQUATION THAT ALL COUNTRIES ESTABLISH THE GLOBAL VALUE WITH — — ECONOMICS 101. Read more…

Iraqi Dinar Guru opinions 1-19-16

Iraqi Dinar Guru opinions 1-19-16

1-19-2016 Newshound Guru Enorrste Article: “An invitation to link the Iraqi dinar to the global economy ” Quote: “…the most important results of the unification of laws with economic applications in a market economy theory is to link the Iraqi dinar to the global economy and thus achieve the monetary value of the dinar against the global currency…” When this person…calls for a “linking of the Iraqi dinar to the global economy” he is talking about moving to a floating dinar. The dinar is already linked to the dollar, so that cannot be what he is referring to. In fact, he is even more specific…where he refers to the global market determining the exchange rate of the dinar through a basket of currencies. This is the definition of a float. He is also quite clear that he has no fear that the value of the dinar will fall; on the contrary, he mentions Iraq’s high reserves and believes that the dinar will be among the strongest currencies in the world. He clearly understands the economics. Read more…

Iraqi Dinar Guru opinions 1-18-16

Iraqi Dinar Guru opinions 1-18-16

1-18-2016 Intel Guru SteveI [I know you thought at one time it would be 3+ however Maliki really screwed up that opportunity for his own people.] Due to the new IMF agreements, it will be close to a 1 to 1 rate. Maybe a bit higher but not much. Read more…

Iraqi Dinar Guru opinions 1-16-16

Iraqi Dinar Guru opinions 1-16-16

1-16-2016 Newshound Guru Millionday Article quote: “The Iraq Finance 2016 conference gathers together all major stakeholders involved in directing the economic development of Iraq towards greater growth and stability.”
OBVIOUSLY THIS IS A HUGE FORUM PLANNED…HOWEVER — IRAQ IS PRESENTING ITSELF THE FIRST PART OF MARCH TO THE GLOBE — SPONSORED BY MANY INTERNATIONAL COMPANIES — INVESTORS-MASTER CARD — MANY BANKS — AND THE LIST IS LONG — ALONG WITH KURDISTAN IN UNITY. THERE IS ALOT OF INFORMATION OUT AND ALSO WITHIN THE BUDGET LAW — OBVIOUSLY THE INVESTMENT LAW BEING PRINTED IN THE GAZETTE AND ALSO THE WORLD BANK LOAN BEING PART OF THE BUDGET — THE AGREEMENT MADE WITH THE WORLD BANK AND IRAQ HAS BEEN MET. [could have rv before this?] I DONT HAVE A DATE BUT WITH INVESTMENT LAW AND BUDGET LAW COMPLETE — AT ANYTIME THEY WILL PRESENT THE ECONOMY AND ALL REFORMS AS ANNOUNCED. Read more…

Iraqi Dinar Guru opinions 1-15-16

Iraqi Dinar Guru opinions 1-15-16

1-15-2016 Newshound Guru OOTW THE FEDERAL REVENUE SHARING LAW HAS HAD TWO READINGS…THIS LAW WORKS IN CONJUNCTION WITH HCL. FEDERAL SUPREME COURT ACT REQUIRES ONE MORE READING CURRENTLY… THE ANTI MONEY LAUNDERING LAW IS PASSED…AS IS THE ISLAMIC BANKING ACT, AND NOW THE INVESTMENT LAW AND I DO AGREE WITH KAP [GURU KAPERONI] THAT THE VERSION OF THE INVESTMENT LAW REFERRED TO IN THE IMF REPORT, IS INDEED THE ONE THAT WAS PUBLISHED TODAY IN THE GAZETTE. …THE INVESTMENT LAW IS NOW IN THE GAZETTE… CHA-CHING! INVESTMENT LAW IN GAZETTE! Read more…

Iraqi Dinar Guru opinions 1-14-16

Iraqi Dinar Guru opinions 1-14-16

1-14-2016 Newshound Guru Millionday “AsiaHawala is the first-ever mobile money service provider to launch in Iraq… pursuing a targeted strategy of enhancing the range of mobile financial and mobile commerce solutions for consumers and for business customers across its markets in the Middle East, North Africa and Southeast Asia…” A FULL RANGE OF — INNOVATED SOLUTIONS – THESE ARE FINANCIAL THAT ARE TIED INTERNATIONALLY…WIRES MONEY INTERNATIONALLY. IMO — ECONOMICALLY IT HAS TO BE AT A RATE OF FAIR TRADE — THE INTERNATIONAL EQUATION HAS TO BE APPLIED FOR THE THE GLOBAL PRICING INDEX… THIS IS ACTION NOT TALK…IT IS LAUNCHED… Read more…

Iraqi Dinar Guru opinions 1-13-16

Iraqi Dinar Guru opinions 1-13-16

1-13-2016 Intel Guru Delta There is nothing wrong with this devaluation of the dinar…there’s a difference between the street value and the value within the CBI which is exactly one of the two compliances of the IMF in order to lift Article 8…The Finance Committee has CONFIRMED the presence of a project to reconsider the dinar exchange rate with the dollar with the government and the CBI…that is big…the CBI and the GOI together…that is a big step… understanding we got to do something about our exchange rate …this is HUGE for them to admit yes we are devaluing…we are devaluing because we are forfilling the IMF regulations of what we have to do. Look only the CBI and the IMF knows the date and the rate. Read more…

Iraqi Dinar Guru opinions 1-12-16

Iraqi Dinar Guru opinions 1-12-16

1-12-2016 Newshound/Intel Guru BGG I had a VERY interesting conversation with an int’l attny – he is hearing the same things… not sure what is up – but something has “stirred the waters” – over there or here, he’s not sure… but there is a lot of talk amongst the bigger players right now. [was your conversation dinar related or just general financial convo?] Pure Dinar – PURE RV related. Read more…

Iraqi Dinar Guru opinions 1-11-16

Iraqi Dinar Guru opinions 1-11-16

1-11-2016 Newshound Guru OOTW Article: “Parliamentary Economic proposes to change the central bank policy and stresses: financial situation would be “the biggest challenge” [What is your sense of these articles?] THE MOST CLEAR ASPECT I SEE IS THAT THEY WANT AND NEED TO GET THEIR EXPORTS GOING AND THIS IS THE PRIMARY REASON FOR ADDRESSING THE VALUE OF THE IQD. …WE’VE ALREADY SEEN THE RATE DROP TO 1182. BOTH THE CBI AND SALEH (ADVISER TO ABADI) AND THE ECONOMIC COMMITTEE HAVE PUBLISHED THEIR LISTS OF NEEDED REFORMS TO THE ECONOMIC AND BANKING CONDITIONS. THEN WE HAVE THE PARLIAMENT SITE, STEADILY POSTING ANNOUNCEMENTS THAT PEOPLE NEED TO START SUPPORTING/BUYING IRAQI PRODUCTS. THE MINISTRY OF TRANSPORT AND TRADE HAVE BOTH PUBLISHED ANNOUNCEMENTS REGARDING THE NEED TO PREPARE FOR INTERNATIONAL TRADE…AS WELL AS AGREEMENTS WITH OTHER COUNTRIES (STATUS OF – MOVING FORWARD). Read more…

Iraqi Dinar Guru opinions 1-10-16

Iraqi Dinar Guru opinions 1-10-16

1-10-2016 Newshound Guru Aggiedad77 IMO…there was an article out a day or two ago…it happened to mention a “devaluation”…articles today…are IMO pointing to that article and letting the rest of Iraq know the CBI is the one who has control over what the rate will be for the IQD…they are the authority here…any change must and will come through them. They are letting the citizens know they are well aware that any reduction in the IQD value would mean a disaster for the citizens…again… IMO… these are all good points the CBI is making at this time. Read more…

Iraqi Dinar Guru opinions 1-9-16

Iraqi Dinar Guru opinions 1-9-16

1-9-2016 Newshound Guru OOTW “The only way forward to resolve these disagreements between Baghdad and Erbil is to pass the Federal Revenue Sharing Law and the Federal Hydrocarbon Law…” WHY DOES EVERYONE PIN SO MUCH ON THE OIL AND GAS LAW AS A PRECURSOR OR SIGN OF AN “RV”? IT GETS DOWN TO THE REVENUE SHARING LAW. THIS LAW (REVENUE SHARING LAW) HAS HAD ONLY ONE READING. THAT WE CAN TELL BY THE PARLIAMENT SITE. THE GOI/THE KRG STILL NEEDS A CENSUS… CERTAINLY, WE HAVE SEEN ARTICLES ELUDING THAT THERE HAS BEEN A CENSUS PERFORMED, HOWEVER, THERE IS NO EVIDENCE OF THIS AT ANY GOVT SITE. Read more…

Iraqi Dinar Guru opinions 1-8-16

Iraqi Dinar Guru opinions 1-8-16

1-8-2016 Newshound Guru rcookie THINK IVE GOT NEWS THAT LD’S AND GOLD OUT AT BANKS FOR DISBURSEMENT… Article quotes: “in order to diversify the public savings and to ensure receiving a gold 24 carat has contracted with an international company…” “received the first category of these coins that are weighing 15 grams,” “It calls for central banks to buy gold Meskukath and confirms the arrival of specie 100 dinars…” ITS THE GOLD TO GET ACCOUNTS OPEN…TO GET MONEY IN CITIZEN MATTRESSES OFF STREET AND IN BANKS…INCREASE LIQUIDITY TO FINISH MONETARY REFORM…AWESOME NEWS! Turning point for sure! Read more…

Iraqi Dinar Guru opinions 1-7-16

Iraqi Dinar Guru opinions 1-7-16

1-7-2016 Intel Guru SteveI Article: “Zebari is likely not possible distribution of salaries in April” I have been talking to some of my contacts and so has [Guru] Ray. All of us including our contacts are saying that Iraq has a dismal future under the current conditions. In order to change the value of their currency for the better, there has to be many laws in place. All of the work in the “Monetary Reform Policies” are meaningless with the obvious. No country, or outside companies will come into Iraq and invest to help them develop their economy under the current circumstances. Matter fact, many have pulled out until major changes are made. Read more…

Iraqi Dinar Guru opinions 1-6-16

Iraqi Dinar Guru opinions 1-6-16

1-6-2015 Intel Guru Frank26 We told you they’re looking for the TRIFECTA on the 31st-1st. What was that trifecta? We were looking for the tax and tariffs and we were looking for lower denom’s? We we don’t need to look for the LD’s right now – other things are happening that’s so important for the MR. EVERYBODY was HOPING we would see something on the 31st-1st. E-V-E-R-Y-0-N-E on this planet had expectations for the 1st of 2016. A long weekend, at the beginning of the year – a perfect opportunity. But I want you to know something…Sunday…They ratified the 2016 budget and THEY ALL SIGNED IT…which is they passed it. The 2016 BUDGET LAW IS NOW GOING TO BE ANNOUNCED AND IMPLEMENTED. And, until we have the budget law, you will not have a budget for 2016. It’s a new law that APPROVES THE BUDGET. The Budget Law is what activates the 2016 budget and we believe within the next 72 HOURS THE BUDGET LAW WILL BE PRINTED IN THE GAZETTE. Read more…

Iraqi Dinar Guru opinions 1-5-16

Iraqi Dinar Guru opinions 1-5-16

1-5-2016 Intel/Newshound Guru Poppy3 [use to see articles about Iraq joining the WTO but now i do not, how does the IQD become international, unless iraq because a full member?] THEY NEED THE RATE…THEY NEED MORE THAN TO BE A GUEST MEMBER… THEY HAVE TO BE A FULL MEMBER TO HAVE A GLOBAL TRADEABLE CURRENCY SO WE WAIT AND WATCH EVERY MOVE EVERY DAY. REMEMBER KUWAIT ANNOUNCED ON THE MORNING THEY HAD INDICATED THEY WHERE GOING TO CHANGE THEIR RATE. THAT MORNING THEY ANNOUNCED NO CHANGE FOR AT LEASED 3 MORE MONTHS. THAT VERY AFTERNOON…EARLY EVENING BAM , BAM THEY REVALUED. Read more…

Iraqi Dinar Guru opinions 1-4-16

Iraqi Dinar Guru opinions 1-4-16

1-4-2016 Newshound Guru Millionday HERE IS A LIST OF THINGS THAT I PERSONALLY FIND AMAZING IN THE POSITION WE ARE IN RIGHT NOW… TODAY ISX WAS TO RETURN FROM AS STATED — THEIR VACATION. THE BUDGET WAS TO BE PRINTED IN THE GAZETTE A COUPLE DAYS AGO. THIS PAST MONTH IRAQ MET IN LONDON ABOUT THE ISX AND ALL IT IS OR WILL BE. THEY ALSO ANNOUNCED THAT THE ISX REVENUES OBVIOUSLY WILL BE INCLUDED IN THE GDP. IRAQ HAS ANNOUNCED THAT THEY ALSO WERE TO A COUPLE DAYS AGO LAUNCH CUSTOMS AND TARIFF. A COUPLE A DAYS AGO THEY ANNOUNCED THAT E-BANKING WILL BE LAUNCHED AS WELL. Read more…

Iraqi Dinar Guru opinions 1-3-16

Iraqi Dinar Guru opinions 1-3-16

1-3-2016 Intel Guru Hub the imf’s purpose is to insure the stability of the international monetary system. one document from 2010 states the imf wanted iraq to have a stable economy and set the value at 1166. they wanted to stop inflation and set up the govt to help pull iraq out of the pits…now its a different ball game and they are ready to go forward…so we shall see…its not reconized as an international currency, so to pay for the hotels, oil work, water systems, elecetric company, sanitation for the country, and so on and so on, they have to have a currency everyone will take…so what must happen for this to occur? Shabbs [Dr. Shabibi] said the dinar will be the most valued and thus most respected currency in the world. Read more…

Iraqi Dinar Guru opinions 1-2-16

Iraqi Dinar Guru opinions 1-2-16

1-2-2016 Newshound Guru Enorrste Article: “Iraq begins in 2016 to cut its currency against the dollar” There are a few things that we must remember… The first is that the official policy of the CBI and the IMF is to move to a floating dinar. Second is the fact that both the CBI and the IMF expect the value of the dinar to rise, not fall, when it moves to a float. The third fact is that Saleh stated unequivocally that the recent change in the exchange rate from 1166 to 1182 (or 1190) is NOT a devaluation of the dinar but IS an ADJUSTMENT in preparation for something else. The fourth is the fact that there is a liquidity crisis in Iraq caused by the hoarding of up to 70% of all of the dinars in mattresses. Now, finally, this fifth element is coming into play. This adjustment will, as KAP [GURU KAPERONI] has stated rightly, in my opinion, cause the locals to unload their paper dinars, most likely for dollars. Read more…