Iraqi Dinar Guru opinions 2-21-17
2-21-2017 Newshound Guru Aggiedad77 Article: "Keywords: cash reserve is reassuring for the next five years" Quote: " ...it has received praise from specialized international organizations, and the reserve is calculated by the Central and the international Monetary Fund does not accurately raises concern for the next five years." Why would Iraq's Central Bank Reserves be considered by not only themselves but the IMF for the next five years...may I say "deal"... because of what has been agreed upon that perhaps we do not yet see...But what you do see is perhaps not all of the picture...remember boatloads of money coming into Iraq a short while ago...many things doubled...oh but that was a tip of the iceberg...IMO the IMF and others can see the full iceberg and no it is not global warming that is shrinking anything...it is global agreements that in fact are growing the iceberg...and that growth will soon stimulate an explosion that will catch our world as we know it in a shocking but oh so positive surprise...Wait for it...for IMO...the BEST is coming..
2-21-2017 Newshound Guru firefly I don't have a date nor a rate but one thing is for certain, we are standing on the edge of the precipice. And... IT WILL NOT Be A FREE FLOAT LIKE SOME FOLKS SUGGEST. Those that suggest a free float are not very versed on the laws set up by the IMF and the WB a few years ago.
2-21-2017 Newshound Guru loop Article quote: "the signing of the agreement represents an important signal to the international arena that Iraq is committed to all the rules of transparency in international arbitration in case of dispute between the investors and the states," and expressed hope that "Iraq is essential to attracting capital and center." Huge step forward to open the doors to the wall of Investors. IT's right out of article 22 of the Investment Law. Article 22: The foreign investor shall enjoy additional privileges in accordance with international agreements signed between Iraq and his country or multilateral international agreements which Iraq has joined.
2-21-2017 Intel Guru Frank26 On the early dawn on Sunday, something dramatic happened for our investment. DEALS are going on...happening so fast...Out of nowhere...all of these countries want to MAKE DEALS. Security and stability is really the key all over the world right now...and it all starts in IRAQ. If people want to make DEALS...to include China and North Korea...so that things are FAIR...that is astonishing. DEALS are being made for everyone that’s in the LONG-LINE...those that want to play on an even playing field...equal and fair trade. TIME IS UP! And that’s why we have DEALS that are being made. DEALS will fatten Iraq’s reserves...fuel their future. IMO ...over the weekend...these DEALS were triggered off...all from a phone call. The call...Trump to Abadi. A NEW DEAL was born. And that’s probably why we haven’t see the MR yet. Trump is a master negotiator...and as a holder of IQD...you should be thrilled about that!
2-21-2017 Intel Guru Frank26 Trump says to Abadi...“go to Germany...talk to those in the long-line...tell them to invest in your country...Tell you citizens that the “full assault” on Mosul will begin this Sunday.” Seven...American bases in Iraq...we (USA) are not going anywhere! This is the beginning to the end of ALL OF MOSUL...and IMO...in ABOUT 2 weeks...it could be less...! Mosul is being completed at a much faster pace! This is the FULL-ON ASSAULT for the MR [Monetary Reform]. Is it Iraq’s choice to wait for Mosul for the RV? No…It’s not Iraq’s choice. We (USA) are not the only players in Iraq. IMF, UN, BIS, WB, etc. Iraq has its feet being held to the fire by those involved in the MR.
2-20-2017 Intel Guru RayRen98 Iraqi TV is reportedly referencing economic reform with officials discussing raising the dinar to 1.20 to the US dollar. Time Will Tell!
2-20-2017 Newshound Guru loop Article: "Keywords: private banks, their performance distinctive and are satisfied with it" Alak came out today punching the media for misreporting. ...he is saying...out of 60 private banks only 2 or 3 are not where they should be and they are currently work with them to correct this. ...ealier in the week a MP on the finance committee came out with the figure that the CBI reserves are 40 billion dollars and Alak came out today saying that the reserves are 49 billion dollars and that they are well within international accepted standards. In addition they...the reserves cover the local currencies by a "large margin". It's important to note that most countries in the world only have enough reserves to cover their currency by 10%. Iraq can currently cover their currency by over a 100%.
2-20-2017 Newshound Guru Aggiedad77 Article: "Proceeded Rasheed Bank, on Monday, activating the e-government citizen complaints for the service of citizens." Iraqi citizens the digital world is coming to a bank near you...get on board and get ready for a wild and wonderful ride...To make this work Iraq has to continue to improve the electricity issues around their country...but rest assured this e-"thing" is here to stay...welcome to our world... welcome to the big leagues...deals...are done...contracts are done...money is ready honey...just push GO and start collecting...For this done deal to materialize before our eyes...the BEST is coming and it's all about Iraq...and the World...in the still of their night...let us smile.
2-20-2017 Newshound Guru mike [...if the market rate drops is that a good thing?] The market rate, or street, dropping is a good thing. As of today the street rate is 1270-$1. The official rate is 1182-$1, so there's a spread between the two is 88 dinars, or roughly 7.5%. That's not good enough for the IMF, they want the MCP, or spread, to be 2% or less and hold it for at least 90 days before Iraq can move to Article VIII compliance. In a nutshell, the market rate dropping is a good thing.
2-20-2017 Newshound Guru Breitling What’s the deal with the math with Iraq? Take a look at this…look at their economy now. How much oil are they producing compared to how many people they have and the market prices. Now go look before the first gulf war. They are producing more. There are more people in the world buying oil so the whole thing is bigger. But their currency is at a tenth of a penny? You think that’s the market rate? Are you blind? This is for the people who are not in this investment…how blind are you? Obviously the currency is artificially held down…Go by the math. All the math is there. All the proof is there. You don’t need to have doubts. The question is, when is this going to happen? Everything I talk about is based on principle..it’s the numbers…It’s everything. Fortunately, I didn’t come up with those numbers. Guess who came up with those numbers? The Ministry of Finance. The Ministry of Planning. The parliament. the CBI. That’s what you need to worry about.
2-20-2017 Newshound/Intel Guru BGG "the signing of the agreement represents an important signal to the international arena that Iraq is committed to all the rules of transparency in international arbitration in case of dispute between the investors and the states," and expressed hope that "Iraq is essential to attracting capital and center." ...the agreement represents an important signal to the international arena... BOOM!! they are providing assurances, protections and a way in and out for international investors. these are CRITICAL items to the freedom of movement of capital in and out of Iraq. [The agreement was signed at the United nations.] yes, which BTW...was more than a little shocking to me. It appears the UN is much more involved I imagined.
2-20-2017 Newshound Guru wmawhite Article quote: "the signing of the agreement represents an important signal to the international arena that Iraq is committed to all the rules of transparency in international arbitration in case of dispute between the investors and the states," and expressed hope that "Iraq is essential to attracting capital and center." This shows that the GOI has been signing agreements/conventions that we never knew about. The GOI has been doing this because they do not require the Parliament consent to do so. HUGE...well as important bilateral and international conventions signed by Iraq and the number of States”... And where was this announcement made? the United Nations...The agreement was signed at the United nations.
2-20-2017 Newshound Guru Aggiedad77 Article: "The Central Bank of Iraq, Sunday, for his ability to cover Iraq's international obligations as well as foreign trade financing, as he emphasized that the country's reserves of foreign currency within the "international standards." ...so how are they able to do this with a program rate...inquiring minds want to know. Big things are coming this week...listen to President Trump...watch what goes on...my glass is running over...and has been since Friday afternoon...cautiously optimistic...And....yes "Time is UP".
2-20-2017 Newshound/Intel Guru BGG ...much of the expectation we've all had - was directly inspired by Abadi and Alak. They are the ones telling us when they were going to "start the project"... whatever "delay" Alak commented on - seems to drawing to a close...the delay - appears to be the handling of Mosul. They expected this done sooner - it wasn't... looks like now it is. That's the key - AND, I fully expect some very good news coming out of Mosul this coming week.
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Statistics: Posted by admin — Tue Feb 21, 2017 11:18 am