Posts Tagged ‘Guru’s’

Iraqi Dinar Guru opinions 10-13-14

Iraqi Dinar Guru opinions 10-13-14

10-13-2014 Newshound Guru Kaperoni Article: “Central tends to activate cooperation with the world” Quote: “the requirements of the market economy and the provision of banking services to investors Iraqis and foreigners, especially that the country is on the verge of activating cooperation banking International service requirements anticipated in the development of the Iraqi economy, which is guaranteed by the new government program.” I would think “on the verge” is within 6 months, not days or weeks. I keep grounded by the enormous task ahead for the Abadi GOI passing laws, fight ISIL etc. But…the significance of an agreement to form a committee to implement the transition to a market economy with the full support of GOI is very important. The next few weeks, months will be very telling. Read more…

Iraqi Dinar Guru opinions 10-12-14

Iraqi Dinar Guru opinions 10-12-14

10-12-2014 Newshound Guru Millionday CBI HAS MADE HUGE PROGRESS TO MOVE TO THE GLOBE…THAT IS WHAT WILL SHOW US A RATE. THEY HAVE MADE THE TECHNICAL ADVANCEMENTS NEEDED AND ARE USED BY OTHER CENTRAL BANKS. CBI IS READY TO ACTIVATE THE MOVE TO THE GLOBE AND INTENDS TO DO SO. THE TIMELINE IS BEAUTIFUL WITH WHAT WE HAVE BEEN SEEING — WE DONT HAVE INK ON IT BUT WE HAVE BEEN SEEING A RUSH TO GET THINGS DONE. THE MOVE TO A MARKET ECONOMY AND THE ECONOMIC DEVELOPMENT IS WHEN WE WILL SEE THE REALITY RATE AND THE IRAQI VALUE OF IRAQ. Read more…

Iraqi Dinar Guru opinions 10-11-14

Iraqi Dinar Guru opinions 10-11-14

10-11-2014 Newshound Guru Adam Montana [ I have always thought that the lower denomination/fils would release in conjunction with the RV of the IQD…to see them prior would tip the game…is this assumption on or near the mark?] Yes, if we see new denominations before a change in the rate, then we’re looking at a different game. I anticipate a lot of news about new denoms immediately before the CBI changes the value, but until I actually SEE the denoms with my own eyes – no panic here. The opposite, in fact – the more propaganda they push out, the closer we likely are. [Do ya think it’s possible for Iraq to have already printed the lower denominational notes and have them setting in a vault somewhere, ready to distribute once the switch’s flipped.] YES, and in fact I have contacts that have told me that is already the case. Read more…

Iraqi Dinar Guru opinions 10-10-14

Iraqi Dinar Guru opinions 10-10-14

10-10-2014 Intel/Newshound Guru Poppy3 I HAVE THOUGHT ALL ALONG THAT STATEMENTS THEY AND THE IMF PREVIOUSLY WOULD BE ADHERED TOO BUT IT SEEMS NOW FROM PEOPLE THERE THAT THEY MAY BE IN A POSITION THEY CAN’T COME OUT AS HIGH AS PLANNED BUT I STILL THINK THEY HAVE TO BE HIGH ENOUGH TO RID THE STREETS OF USD. TIME WILL TELL THE FACTS . [ it looks to me like Iraq’s only choice is to RV asap to get out of this financial situation, even if the rate is just 1:1. If they don’t rv soon, the hole will only get deeper.] YES THATS WHAT has changed MY MIND A LOT BECAUSE THERE SITUATION FINANCIALLY HAS CHANGED. IT STILL CAN BE HIGHER THAN THE 1 TO 1 BUT AT THIS POINT WE JUST HAVE TO WAIT FOR SOME OFFICIAL WORDS FROM A CBI OFFICIAL… Read more…

Iraqi Dinar Guru opinions 10-9-14

Iraqi Dinar Guru opinions 10-9-14

10-9-2014 Newshound Guru Millionday IN A PRESS STATEMENT JUBOURI MADE A GREAT STATEMENT BY PRAISING THE INPUT BY THE KURDISTAN TROOPS IN DEFENDING THE COUNTRY…THAT THE ISSUES OF THE CITIZENS AND THE NEEDS OF ALL WILL BE ADDRESSED IN THE NEAR FUTURE — THIS IS GREAT AND HELPS BRING THE COUNTRY TOGETHER. THEY ARE HAPPY WITH SHOWING THE NEW RELATIONSHIP WITH THE KURDS AND FEDERAL GOV AND HOW THEY ARE ABLE AND WILLING TO WORK TOGETHER AS A UNIFIED GOV. Quote: “initial indications at Arbil positive ensures join the Kurdish minister in the government formation, and requires chanting oath in the House of Representatives before their participation in the cabinet meeting next Tuesday.” THE KURDS ARE GOING TO IRAQ FEDERAL MINISTER SWEARING IN ON SATURDAY –WHOOOPOW — WE MAY HAVE A GOVERNMENT ON THE 14TH OF OCTOBER. Read more…

Iraqi Dinar Guru opinions 10-8-14

Iraqi Dinar Guru opinions 10-8-14

10-8-2014 Newshound Guru Millionday ABADI IS SIFTING THROUGH ALL MILITARY PLACED BY MALIKI AND REMOVING AND ALSO REMOVING SALARIES THAT ARE NOT OFFICIAL OR BY LAW. HE IS REMOVING…ANYONE THAT WAS PLACED IN A POSITION THAT CAN RISK THE COUNTRY SECURITY…THIS IS GOING BACK THE WHOLE 8 YEARS. SO THE DELAY OF THE BUDGET HAS POSTPONED THE SALARIES OF MILITARY AND THE PEOPLE AS A WHOLE AND MUST BE APPROVED FOR THIS REASON — ALL AGREEMENTS MUST BE MET. Read more…

Iraqi Dinar Guru opinions 10-7-14

Iraqi Dinar Guru opinions 10-7-14

10-7-2014 Newshound Guru Millionday THIS CAME OUT…AS OFFICIAL GLOBAL NEWS “250 dinars…Like CBI B47, but new date, new signature (Abdul Basit Turki Saeed…ALSO 500 dinars…Like CBI B48, but new date, new signature (Abdul Basit Turki Saeed)…” “1,000 dinars…Like CBI B49, but new date, smaller signature, and three intaglio circles at upper left front for the sight impaired. This is the first confirmed denomination in a revised family reported back in April 2014.” THESE ARE OFFICIAL GLOBAL CURRENCY — 250 , 500, AND THE 1000 DINAR NOTE. THEY WERE ANNOUNCED TO BE PRINTED AND NOW THEY ARE LISTED GLOBALLY AS THE OFFICIAL NOTES OF IRAQ — THE OFFICIAL DENOMINATIONS—- AND THIS IS AS OF…OCTOBER 6TH. LET ME SAY THIS, THE NOTES ARE NOT USEFUL AT 1166…PERIOD. THE EXPENSE FOR A COUNTRY TO PRINT CURRENCY IS NOT A SMALL ONE — AND THEY WILL NOT BRING THEM OUT FOR A RATE THAT WILL ONLY MAKE THEM USEFUL IF THEY NEED A % OF A WHOLE DENOM. Read more…

Iraqi Dinar Guru opinions 10-6-14

Iraqi Dinar Guru opinions 10-6-14

10-6-2014 Newshound Guru Millionday News Source Quote: “Currency Rates Iraqi market for securities Iraqi dinar exchange rate for the day USD: 0.9 Euro: 0.7 Pounds: 0.5LBP: 1302.6KD: 0.2SR: 3.2AED: 3.2JD: 0.6”. ISNT THAT INTERESTING? IT IS THE LISTED EXCHANGE RATES ON A NEWS SOURCE I HAVE GOTTEN SENT TO ME. IT SAYS THAT THE EXCHANGE RATE FOR THE DINAR IS 0.9 FOR THE USD. IT DOESNT SAY 1166. IT IS A SITE OF NEWSPAPER FROM IRAQ AND ALL OTHERS HAVE NOT BEEN UPDATED SINCE OCTOBER 2ND — CBI HASNT UPDATED SINCE THE 2ND OF OCTOBER…SO WE HAVE NO WAY TO VERIFY. Read more…

Iraqi Dinar Guru opinions 10-5-14

Iraqi Dinar Guru opinions 10-5-14

10-5-2014 Newshound Guru Kaperoni Article: “Deputy: file security ministries to resolve dramatically and will be a budget for the remaining months of the year after the feast” Quote: “there is a great tasks awaiting the House of Representatives when it resumes its sessions after the holiday Eid al-Adha, including the issues of security ministries and the budget.” A lot of pressure is being put on parliament “just after the feast.” Lets hope they accomplish what they say Read more…

Iraqi Dinar Guru opinions 10-4-14

Iraqi Dinar Guru opinions 10-4-14

10-4-2014 Intel Guru TD My Kurdish friend indicates…FIRST…He says that any change in monetary policy will be voiced through the CBI, the country’s guardian and executioner of such actions and will be in the form of a worldwide article as well as update showing on their website. So far nothing like that has occurred. SECOND) He states that PARTIAL or INCOMPLETE actions showing privilege to some and not others would set off a worldwide & endless hornets nest of litigation that mankind has never seen in history. In other words, if and when the CBI acts on monetary policy it will be instantaneous worldwide. THIRD) He refutes the rumor that this has “already occurred” but hasn’t rolled out. If there was a few people”in the know” then surely in one way or another the remaining notes would have been gobbled up in a hurry. In addition to my Kurdish friend I have a couple executive level contacts at Goldman Sachs who also reiterate the points discussed. Read more…

Iraqi Dinar Guru opinions 10-3-14

Iraqi Dinar Guru opinions 10-3-14

10-3-2014 Newshound/Intel Guru BGG [how long can they go without approving the budget before they get into total financial turmoil?] Not much longer – it is a serious situation. [DO U HAVE ANY KINDA TIMELINE FOR THE BUDGET?] I don’t – but reportedly – it will not be long…for me though, the budget is not the key – solving this conflict between the hags in power and the Parliament is. [What is the current status of the appointment of the Defense and Interior ministers? And does that have any substantial effect on currency reform?] Very close – yes, balance of power is an issue for the IMF – etc. [Awhile back [Guru] Tlar had posted that the Security Minister would have to be placed for an rv? Your thoughts and have they placed Security Minister yet?] They have not. Soon though…but I do not agree with that as a “have to”. Read more…

Iraqi Dinar Guru opinions 10-2-14

Iraqi Dinar Guru opinions 10-2-14

10-2-2014 Newshound Guru Millionday [is it really this soon, like for real?] THE VALUE WILL CHANGE FOR GLOBAL TRADE SO THAT WORLD ECONOMICS AND COMPLIANCE IS FOLLOWED — WHEN IS NOT GUARANTEED BUT IT LOOKS VERY CLOSE BY WHAT IS BEING SAID. Read more…

Iraqi Dinar Guru opinions 10-1-14

Iraqi Dinar Guru opinions 10-1-14

10-1-2014 Newshound Guru Adam Montana Current situation: Budget: We are extremely close to seeing the budget passed, and in such a way that the Kurds will be happy with it. In fact, Salim Al-Jiburi (the Iraqi speaker) did meet with Yusuf Mohammed (speaker of the Kurdistan region’s parliament) just earlier today, and preliminary reports are showing that they are in agreement on how to move forward. In regards to the budget, it’s interesting to know that more than 20% of the Kurdish regions people are on Government payroll, and that actually accounts for over 70% of the public spending (the money that Baghdad sends to them)… so not only do they want to resolve this quickly, but these are the same government officials who will be pushing hard for an increase in the value because it literally goes right in their own pockets when it happens! Read more…

Iraqi Dinar Guru opinions 9-30-14

Iraqi Dinar Guru opinions 9-30-14

9-30-2014 Intel Guru Frank26 the budget is in the house and IMO, they still need to read it, and may take a couple of weeks to pass the budget, however we have seen oil tankers leave so perhaps they are already operating under the budget but it is not yet visible; perhaps in the next couple of weeks we will see more of the budget; there may be a domino effect set off by the budget; many items depend on what is it…it’s very possible that the budget does not contain the program rate, which would explain why it’s being guarded so closely. MR [Monetary Reform] is moving forward. IMO, we may see the seated GOI soon. 10/1 is “super hot, brilliant hot” for seeing the GOI emerge and possibly begin to reveal some of the budget through 10/10; if the budget is not revealed by 10/10, we look to 19th – 20th all of 2014; these dates are time frame studies to watch the GOI, budget, laws, MR. Read more…

Iraqi Dinar Guru opinions 9-29-14

Iraqi Dinar Guru opinions 9-29-14

9-29-2014 Newshound Guru Millionday THE AMENDMENTS ARE DONE — THE PARLIAMENT WILL MEET ON TUESDAY AND THE AGENDA IS INCLUSIVE OF THE BUDGET…BUT THEY HAVE ALSO SAID THEY HAVE AMENDMENTS THAT THEY WILL NOT LOOK AT UNTIL AFTER THE HOLIDAYS — SO WE WILL WAIT. THE KURDS ARE VERY HAPPY WITH THE BALANCING OF FUNDS AND PREPARATION…THE BUDGET IS READY AND WILL BE BEFORE PARLIAMENT SO THEY CAN MOVE FORWARD. [when the kurds are all in agreement with the gov then HCL is done? This and erbil I see as holdups.] IT HAS TO BE ACTIVATED — WITH EVERYTHING ALL AT THE SAME TIME — THERE IS NO HOLD UP AT ALL WITH THE HCL. Read more…

Iraqi Dinar Guru opinions 9-28-14

Iraqi Dinar Guru opinions 9-28-14

9-28-2014 Newshound Guru OOTW [new guru] I BELIEVE THE NEXT WTO CONSULTATION FOR FULL ASCENSION (IRAQ) IS TO BE IN 2016. IRAQ WOULD NEED AN INTERNATIONAL RATE PRIOR TO THAT AND SIGNIFICANT PRIVATE SECTOR DEVELOPMENT. SO IF THEY NEED PRIVATE SECTOR DEVELOPMENT PRIOR TO THAT CONSULTATION WHAT DO THEY NEED? THEY (IN LARGE PART) NEED INTERNATIONAL INVESTORS. WHAT DO INTERNATIONAL INVESTORS NEED? THEY NEED MUCH BETTER LAWS/REGULATIONS TO PROTECT THEIR MONIES INVESTED IN THE COUNTRY. Read more…

Iraqi Dinar guru opinions 9-27-14

Iraqi Dinar guru opinions 9-27-14

9-27-2014 Newshound Guru Millionday [Can we reasonably assume that the budget will finally get approved tomorrow?] YES IT SEEMS THEY ARE VERY CLOSE WITH IT AND HAVE REPORTED THAT THEY ARE NO LONGER DEBATING AND WILL MOVING FORWARD WITH THE BUDGET LAW FOR THE ECONOMIC REFORM PHASE WE ARE NOW IN. [Are the last of the ministers going to be voted in tomorrow [Saturday] too?] THEY ARE REPORTED TO BE BUT AS ALWAYS WE WAIT FOR THE ACTION – THEY ARE SUPPOSED TO HAVE VOTED THROUGH THE INVESTMENT BASKET SO NOW THEY ARE DEMANDING THAT CBI MOVE FORWARD. THEY ARE SAYING IS THAT ALL LAWS AND POLICIES ARE IN PLACE FOR CBI TO MOVE FORWARD AND THEY ARE DEMANDING THAT THEY DO MOVE FORWARD. Read more…

Iraqi Dinar Guru opinions 9-26-14

Iraqi Dinar Guru opinions 9-26-14

9-26-2014 RUMOR Guru Mnt Goat …this week Iraq sessions once again did not get the needed votes to confirm the last of the few ministers. I am hearing this is once again on the agenda for next week along with the first of the readings on some new laws, treaties and reforms dealing with the economy and financial reform list. Remember also we were told 4 years ago there would be no RV without the Erbil reforms. This still holds true. Many of these past Erbil reforms are now part of the 27 reform list. The latest of the reform is scheduled to be completed by February of 2015. Read more…

Iraqi Dinar Guru opinions 9-25-14

Iraqi Dinar Guru opinions 9-25-14

9-25-2014 Newshound Guru Millionday THEY…HAD A PRESS STATEMENT TO CITIZENS THAT BUDGET WILL BE DONE AND IS CONFIRMED. THEY DONT WANT THE 10,000 NOTE REPRINTED AND OUT AND ARE ASKING TO MOVE FORWARD WITH THE NEW MONETARY POLICY NOW. THE REMOVAL OF THE THREE ZERO CURRENCY AND CHANGE IN RATE WOULD GIVE THEM BACK THE RESPECT IN THE REGION FOR THEIR MONETARY VALUE. THE TIME TO REMOVE THE THREE ZERO CURRENCY IS NOW DUE TO THE BALANCE WITHIN THE COUNTRY`S ECONOMICS AND STABILITY OF THE EXCHANGE RATE. THE RESPONSE FROM THE GOVERNOR OF CBI IS THAT HE NEEDS TO SUPPORT THE MOVE OF REFORMS IN THE COUNTRY. [So basically the parliament told the CBI to go ahead with the currency reforms and the CBI governor said he would stand by it?] YES THAT IS WHAT THE REPORT IS TELLING US AND I LOVE IT. I THINK WHEN THE BUDGET IS PASSED THINGS WILL MOVE VERY FAST DUE TO DISTRIBUTIONS IN THE BUDGET ITSELF. Read more…

Iraqi Dinar Guru opinions 9-24-14

Iraqi Dinar Guru opinions 9-24-14

9-24-2014 Newshound Guru Millionday [First vote on amendments to this investment law of 2006 is on the agenda tomorrow (Wednesday) in parliament.] IT IS REPORTED TO BE IN A BASKET THAT INCLUDES ALL CHANGES FOR INVESTMENT AND ALL LAWS TO MOVE FORWARD IN THE MARKET… [if it passes, does this mean we could RV later this week?] THESE LAWS ARE FOR THE INVESTORS WHICH WILL REQUIRE A REALITY RATE DUE TO THE GLOBAL MARKET. WE DONT HAVE A TIME OR DATE BUT THEY ARE WORKING TOWARD THE ECONOMIC REFORM IN ALL REPORTS WE HAVE SEEN LATELY AND THAT INVOLVES THE DINAR TO BE SET FOR TRADE. THURSDAY IS TO BE MINISTERS BY WHAT I HAVE SEEN. BUDGET TO VOTE IN A COUPLE DAYS, AS IN TWO, ACCORDING TO REPORTS…ADJUSTMENTS HAVE BEEN DONE AND NOW THEY ARE PREPARED TO SEND IT FOR VOTE. THEY HAVE UNTIL SATURDAY TO VOTE IT THROUGH TO HAVE IT DONE AND IN LAW. THEY ARE WORKING FASTER THAN WE HAVE EVER SEEN. Read more…