Iraqi Dinar Guru opinions 7-25-15
Iraqi Dinar Guru opinions 7-25-15
7-24-2015 Newshound Guru Breitling The price of oil will go down…will that have an effect on the dinar? It could. If their revenue drops they will just drop the note count down. They are going to get that value no matter what. They are going to get to a buck seventeen ($1.17) and then they’re going to get to $3 plus…that’s on their agenda. In fact it’s a massive priority. That’s why I get so excited when I talk about it. Don’t worry about the oil prices going down…they can adjust the note count based on what the markets are. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-24-15
Iraqi Dinar Guru opinions 7-24-15
7-24-2015 Newshound Guru sczin11 Article: “SAUDIA ARABIA PRINCE CALLS ICC TO ARREST FOR GENOCIDE-IRAQ RESPONDS” Saudi prince calls for the arrest of “Nuri al-Maliki”. THIS IS NOT SOME MP…THIS IS NOT SOME MEDIA LOOKING FOR FILLERS TO SELL PAPERS…THIS IS THE PRINCE IN SAUDIA ARABIA…THE COUNTRY THAT IS JUST COMING BACK AFTER 25 YEARS NO EMBASSY IN IRAQ. YOU THINK THIS IS A POWERFUL STATEMENT? IT APPEARS HIS DAYS MAY TRULY BE NUMBERED…THE WORLD TALKS, IRAQ WILL NOT RUN AWAY. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-23-15
Iraqi Dinar Guru opinions 7-23-15
7-23-2015 Newshound Guru My Ladies Quote from Article from 2013: “Two Iraqi parliamentary committees monitoring fiscal policy in Iraq have held two contradictory positions on the Iraqi currency “reset” project, which would delete three zeros from the currency. There has been much debate about the project’s feasibility and the date of its implementation.” THE PEOPLE WHO OPPOSED THE RESET IN 2013 ARE THE PEOPLE THAT ARE SAYING NOW IN 2015 THE TIME IS RIGHT. IT SEEMS MALIKI BACK THEN AS [WAS?] FOR THE DELETION, AND TAMIMI AGAINST IT, SO NOW ALL THE CONCERNS HAVE BEEN ADDRESSED AND TAMIMI IS SAYING THE TIME IS NOW. SALEH WAS CONCERNED BACK THEN TOO AND EVERYONE OBVIOUSLY OUT RULED MALIKI AND NOTHING WAS DONE. SALEH IS ON THE BALL NOW… Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-22-15
Iraqi Dinar Guru opinions 7-22-15
7-22-2015 Intel/Newshound Guru tman23 What they have said in the papers before pulling the 50 note…The lower denoms are a prelude to lifting the 3 zeros from the currency… This was the exact wording… AND definition of prelude…..1. an action or event serving as an introduction to something more important… So more important then the new currency notes will be a “rate”… and I threw a dart at the board and it landed on 3.44…lol And the dart did not float towards the board. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-21-15
Iraqi Dinar Guru opinions 7-21-15
7-21-2015 Newshound Guru tlm724 Article quote: “Naim Khudair, director general of the Anti-Money Laundering Office at the Central Bank of Iraq, said the government had pledged to pass new legislation for anti-money laundering and terrorism financing by October 2015” thats right from the CBI, by October! Article quote: “The new law will facilitate the entry of big companies into Iraq and increase their confidence in the country’s economic environment…” Central Bank Governor Ali Al Allaq said the new law would help reassure foreign investors. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-20-15
Iraqi Dinar Guru opinions 7-20-15
7-20-2015 Newshound Guru Millionday THE OIL LAW IS HUGE IN A COUNTRY PRODUCING OIL AT THE LEVEL THEY DO IN IRAQ BUT — TO SAY THE MONETARY POLICY CANT MOVE FORWARD BEFORE THE HCL IS DONE OR AFTER IS INFORMATION NO ONE HAS — AT THIS POINT THEY HAVE THE 2011 — SO IT MAY EVEN BE RELIANT ON ISSUES RESOLVED IN THE OIL AGREEMENT — TO KNOW WHICH IS TO BE ACTIVATED FIRST CANT BE DONE BUT — THEY ANNOUNCED THEY WOULD USE THE OIL AGREEMENT WHILE THEY FINISH THE HCL — THAT WAS INTERESTING TO ME TO STATE. [no hcl no rv correct?] NO NOT CORRECT…THE HCL DOES NOT DEFINE IF THE MONETARY POLICY IS RELEASED OR NOT — THE PLAN ITSELF WILL DO THAT — MEANING THE PLAN FOR REFORMS. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-19-15
Iraqi Dinar Guru opinions 7-19-15
7-19-2015 Newshound Guru Millionday [WITH THE VALUE OF THE OIL AND THE OTHER COMMODITIES, HOW CAN THEY HAVE A LOW VALUE WHEN THE ENTIRE WORLD KNOWS THE VALUE AT CURRENT IS SIGNIFICANTLY UNDERVALUED, WOULD THE IMF ALLOW THAT TO HAPPEN?] I DONT SEE THE COUNTRY OPENING UP TO THE WORLD MARKET WITHOUT TARIFF AND CUSTOMS ACTIVATED — I WOULD SAY IT IS HUGE TO CALCULATE THE DINAR FOR IRAQ TO COME OUT IN VALUE AND CONFIDENCE TO THE WORLD — I WOULD THINK THAT MANY WOULD NOT ALLOW IT NOT TO BE DONE — WTO–WORLD MARKETS–SHARE HOLDERS-IMF–WORLD BANK–THE ISLAMIC BUSINESS COUNCILS — ETC ETC. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-18-15
Iraqi Dinar Guru opinions 7-18-15
7-18-2015 Newshound Guru Millionday [what is eid?] EID IS THE HOLIDAY THAT IS THE END OF RAMADAN — IT RUNS TO THE 20TH AND IN SOME AREAS TO THE 21ST. IRAQ HAS STATED THAT SO MUCH IS HAPPENING AT THE END IT IS HUGE MOVEMENT IF THEY GO FORWARD WITH THE HUGE LIST THAT WOULD INCLUDE DUE TO THE WAY IT ALL FITS TOGETHER — IT INCLUDES AMONG OTHER THINGS THE IMPORTANT LAWS — THE TARIFF AND CUSTOMS – THE REFORMS — THE INVESTMENT LAWS — BANKING — BONDS — CONTRACTS ETC. ETC. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-17-15
Iraqi Dinar Guru opinions 7-17-15
7-17-2015 Intel Guru Frank26 [Turki last week…now this economic counselor to Abadi this week. Only thing missing is the date! “there is no benefit of the Iraqi economy to uphold at the official current exchange rate set by the Central Bank (US $ 1 = 1166 Dinar ) We must move to a higher level reduces the negative effects of hyperbole price of the dinar exchange and creates positive effects”] He is a COUNSELOR…Not a puny ADVISOR. OHHHHHHHHH SOOOOOOOOOOOO SCRUMPTIOUS!!! Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-16-15
Iraqi Dinar Guru opinions 7-16-15
7-16-2015 Newshound Guru OOTW RIGHT NOW, THEY KURDS (RIGHTFULLY SO) ARE FLEXING THEIR MUSCLE AGAIN TRYING TO GET THE OIL AND GAS DEAL PASSED SO THEY CAN OFFICIALLY DISTRIBUTE WEALTH. THEY’RE GOING TO DO THEIR BEST TO FALL TO EVERY LAW THEY CAN TO SUPPORT THEM. ALSO THEY’RE QUITE UPSET WITH THE FACT THAT THE FEDERAL COURT ACT HASN’T PASSED AND THEY ARE NOT HAPPY THAT MASSUM (PRESIDENT OF IRAQ) HAS TURNED OVER AUTHORITY TO JOBOUR (PRESIDENT OF PARLIAMENT) TO PASS LAWS. AT THIS POINT, I’M HOLDING WITH WHAT MASSUM HAS SAID HE’S GOING TO GIVE JOBOURI THE POWER TO GET THE LAWS PASSED AS HE SEES FIT. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-15-15
Iraqi Dinar Guru opinions 7-15-15
7-15-2015 Intel Guru Delta The credit rating of Iraq has NOT been announced yet. Probably nothing will happen this week…but as soon as everyone comes back from holiday (EID)…that’s what we’re watching. We’re also watching the loans given to Iraq from the World Bank. The bonds are probably going to be issued by the end of this month…we’re just waiting for the credit rating. They have to be Article 8 compliant…currency internationally traded…remember the list of nations that are issuing bonds… Iraq is on that list. A lot of good news is coming out of Iraq. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-14-15
Iraqi Dinar Guru opinions 7-14-15
7-14-2015 Newshound Guru Enorrste Article quote: “The fiscal and monetary authorities in Iraq now that is seriously considering (and bravely) adjust the exchange rate of the Iraqi dinar and including in line with the real price for the operation of the economy and the productive sectors, we know that it will be at the expense of all of our dreams strongly Iraqi dinar.” We have seen ample evidence over the last months that the CBI has been making preparations that will lead to a strengthening of the Iraqi economy and the raising of the value of the dinar. On the other hand, we have NEVER heard from anyone that there might be a plan to lower the official value of the dinar.
7-14-2015 Newshound Guru Enorrste Therefore, I conclude that Turki is simply stating what we all know: that the CBI is planning to raise the value of the dinar and that it is taking an act of bravery to do so, given the current financial crisis…Article quote: “we know that it will be at the expense of all of our dreams strongly Iraqi dinar, which was worth US $ 3.33 and 2.4 pounds, and became in 1979…” Turki goes further, by referring to the “goal” of $3.33 per dinar that existed in 1979. In other words, he is referencing the “plan” that has existed since 2007 to return the dinar to its original value of $3.33 per dinar. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-13-15
Iraqi Dinar Guru opinions 7-13-15
7-13-2015 Newshound Guru Millionday Article quote: “According to a member of the Commission on oil and energy parliamentary deputy for the National Alliance Ibrahim Bahr al-Ulum, Saturday, that the differences on oil and gas law, “simple”, noting that it can be solved easily and included in the work of the House of Representatives agenda.” THE HCL ISSUES ARE A SIMPLE RESOLVE. HE IS SAYING THAT THE LAW IS READY OR HAS SMALL DIFFERENCES AND SHOULD GO TO PARLIAMENT…GREAT NEWS… Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-12-15
Iraqi Dinar Guru opinions 7-12-15
7-12-2015 Newshound Guru Arthur There are people out there saying it has nothing to do with HCL. That its only about liquidity which will be solved by just flipping a switch and suddenly having a $3 RV for instant purchasing power. So if it’s that easy why haven’t they done it yet? Why are they up against losing Kurdistan to independence and having mass protest on the green zone if it’s just that easy? Its because its NOT that easy and it IS about the HCL! This is a political problem that is complex that goes back even pre-Maliki between the Shiites and Sunnis and the Center and the Region. It involves the payments to oil companies, the Peshmerga, Article 140, and the level of independence that is allowable under the constitution. It is the very core of how funds within the budget will be distributed in general. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-11-15
Iraqi Dinar Guru opinions 7-11-15
7-11-2015 Newshound Guru Millionday “…the fiscal and monetary authorities in Iraq now that is seriously considering (and bravely) adjust the exchange rate of the Iraqi dinar and including in line with the real price for the operation of the economy and the productive sectors, we know that it will be at the expense of all of our dreams strongly Iraqi dinar, which was worth US $ 3.33…” THIS IS…TURKI TALKING ABOUT THE DREAMS OF HOW STRONG THE DINAR COULD BE — THIS IS DATED JULY 8TH STATING IT WAS WORTH $ 3.33 — SMILE. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-9-15
Iraqi Dinar Guru opinions 7-9-15
7-9-2015 Newshound Guru wmawhite Another question…unlike sovereign bonds…Iraq will be going to the retail markets with its first international bonds…what is needed in order for Iraq to do such a thing? Iraq will need a sovereign (country) credit rating. …this will enable Iraq to be compared with all of the other countries in the world that are also issuing international bonds. Another question:..when compared to other countries…in addition to the credit rating, what will help Iraq when compared? A currency that is freely moved/traded on the world currency markets. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-8-15
Iraqi Dinar Guru opinions 7-8-15
7-8-2015 Newshound Guru wmawhite [via Guru BGG] Article quotes: “The Iraqi government plans to issue local bonds worth five billion dollars, starting from the last quarter of this year…” “The bonds will be issued in US dollars in stages based on investor demand, and investors will choose between receipt of an asset at maturity in dollars or dinars, but at a better price than the market price.” “He noted the former official at the Central Bank of Iraq, Qassem Saleh appearance, that “the medium-bond maturities range between 12 and 18 months.” They just told you they are planning for an internationally accepted Dinar. How do you want your return? In USD or Dinar…something is up. …according to banking reference yesterday – (IHHO) he would find it highly unlikely for there to be an international acceptance and trading without a reality rate. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-7-15
Iraqi Dinar Guru opinions 7-7-15
7-7-2015 Intel Guru Frank26 There is a change coming in many things as you know. The thing that was required BEFORE that change was a sense of SECURITY within the GOI and the banking and leadership of IRAQ (the PM – Abadi and the Gov of Iraq – Dr. Shabibi). The monetary reform (Lava Flow) is beautiful…masterful. Iraq is passing laws which they’ve been doing for a long time…which was hard for them because they had no security at the time especially when Maliki was around. Iraq wants the world to know that Maliki (who was always a problem when they tried to pass laws in the past) is no longer a threat anymore. The removal of Maliki was important and allowed these laws to come forth and the sequence of these laws…the domino effect…from one law to another finally allowed things to happen. [Do you feel we have the security necessary in IRAQ?] YES I DO. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi budget 2015
Iraqi Dinar Guru opinions 7-6-15
Iraqi Dinar Guru opinions 7-6-15
7-6-2015 Newshound Guru Millionday Article: “Announced Rafidain Bank, announced the launch of banking cooperation with the International Foreign banks initiative.” RAFIDAIN BANK HAS ANNOUNCED THEY ARE MOVING FORWARD WITH INTERNATIONAL BANKING RELATIONS — HUGE NEWS. THIS IS AN IMPORTANT STEP PER THE FOREIGN REMITTANCE SYSTEM. [isn’t internationally recognized a requirement for this?] IT COMPLETELY DEPENDS ON WHAT AGREEMENT THEY HAVE SET UP TO BEGIN — THIS IS THE BEGINNING ACCORDING TO REPORT AND A HUGE ANNOUNCEMENT BUT THEY ARE NOT THE ONLY ONE THAT SHOULD BE MAKING THIS ANNOUNCEMENT. [Any idea as to when this is to start or has it started?] TO ENTER GLOBE — THEY HAVE TO HAVE INTERNATIONAL EQUATION ACCORDING TO WORLD ECONOMIC LOGIC — SO THIS IS A HUGE BEGINNING OF SOME GREAT NEWS IMO. NO DATE GIVEN. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 7-5-15
Iraqi Dinar Guru opinions 7-5-15
7-5-2015 Newshound Guru Stryker Aritcle Quote: “It should be attached to the mechanism of enactment of the law as a first stage administrative mechanism and executive-money laundering law, being gives confidence to the Iraqi economy and the confidence of the Transparency International organization and international organizations.” These were the things that CBI Governor Ali Ismail was talking about March 3, 2015 when he said this: “This operation will be preceded by regulatory and administrative processes and the form in which it will start moving in,” adding that “the Bank began creating currency models and training of cadres to it.” And when he said that he was talking about this: “the project to delete the zeros is based has been put into practice and gave the green light to start with,” noting that “The project needs a period of time may extend to two years or more.” My point in bringing you this because these administration and regulations will be what keeps the bad guys from gaining from the new currency reform! So don’t think the security and ISIS are the hold up, IMO there not! Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
