Friday, February 22, 2013

DINAR GURUS UPDATE , 22 FEB

2-22-2013  Intel/Newshound Guru Poppy3   I TOLD EVERYONE FOR ALMOST 4 YEARS NO MEETING WILL BE HELD, NO PROGRESS WILL BE MADE AND NO ONE IN IRAQ WILL DO ANYTHING GOVERNMENT WISE TILL OUR DIGNITARIES ARE OUT OF THEIR COUNTRY REGARDLESS OF DEADLINES ETC. THEY WILL NEVER ALLOW PERCEPTION OF THE IRAQ PEOPLE TO THINK THEY LET THE USA INFLUENCE ANYTHING THEY HAVE DONE.   HAVE CALL IN TO FIND OUT WHEN THEY WILL BE LEAVING FOR HOME.  I HAD THOUGHT THEY WOULD HEAD HOME TODAY,  AT LEAST I WAS HOPING . SHOULD HEAR TONIGHT IF THE INFO IS AVAILABLE. 

2-22-2013 Intel Guru OCrush   So, we are looking at another opportunity tomorrow.  Let us pray they stop playing politics and focus on what is really needed in Iraq, economic stability for the people.  My cousin said Nujaifi has fired a warning shot over the blocs,  basically telling them if this does not get approved I will throw the budget back to the governance (council of ministers).  Basically starting over.  Now this tactic could work if the blocs feel he is serious and he is!    All we can say is, no one knows what the blocs are going to do at the last minute. Let's not forget, this budget has the final tallys from the past budgets.  This was never done before.  SIT BACK! RELAX! ENJOY THE RIDE!  IT WILL COME.  :) 

2-22-2013  Newshound Guru Doc   All information we have received to date suggests we still have several weeks or more until official budget approval.  We are aware that one article said this Saturday but it has been delayed over and over again.  Remember too the budget by itself does not necessarily trigger the RV.  We are hopeful the Kurds will prevail and with the budget we will see the real fundamentals in place to support the RV like the HCL to name one.  As always only time will tell for sure.  We report, you decide.  [post 3 of 3]

2-22-2013  Newshound Guru Doc  What appears to be going on is an internal and external attack on Maliki.  We have always said he was the biggest road block to all progress in Iraq.  Recent events continue to support this opinion.  The Kurds continue to hold hostage the budget with what we believe the ultimate goal is HCL approval.  Recent articles suggest other blocs are doing the same for their pet projects.  We can feel the vice being tightened from both ends squeezing Maliki.  We continue that this is good for us.  [post 2 of 3....stay tuned]

2-22-2013  Newshound Guru Doc   It looks like the international community has finally had enough.  We reported in our last update we were hearing rumblings that this was in fact the case.  Now we see that the DFI monies will not be protected past May.  The UN tried to get Iraq's attention but with little results.  We really like the fact that the international community is now hitting Iraq where it hurts - in the pocket book.  Remember the value of the DFI is in the neighborhood of 1 trillion USD.  We have to believe that if this doesn't get their attention nothing will.  We can hear Iraq being told it is now time to put on your big boy panties and act like a real country and not a penny anti dictatorship.  [post 1 of 3....stay tuned]

2-22-2013  Newshound Guru Shredd  "Can't Iraq just keep on going like they have been and do all business in US Dollars?"  First of all, without an internationally tradable currency, Iraq is walled off from the globalized financial system, thus raising the cost of business and increasing risk and uncertainty in the economy.  Here's another big point: Without an international currency, you cannot manage your risks in the efficient ways that have become the standard in countries with internationally tradable currencies. Lastly, companies in the developing countries would have to enter the global competition with a crucial disadvantage...we can see for ourselves that investment is growing, infrastructure is building and measurable progress is taking place in Iraq.

2-22-2013  Newshound Guru Breitling    IMO, they are going to turn the IQD into a phenomenal internationally traded currency with real value behind it.  It's a beautiful thing.  One of these days there is going to be a hard revaluation, go up one big shot, even though we can handle it pipping up.  It's going to happen and you guys are sitting on it For us there is nothing better.   [post 4 of 4]

2-22-2013  Newshound Guru Breitling    Look at their timing.  They could revalue today, but what is the risk to do that?  They don't have the infrastructure up 100%, it might be too big of a risk for them to do that They need this to last for a very long time.  There is not going to be an in country revaluation.  It's going to be an internationally traded currency and a foreign currency reserve.  That's how they are setting it up.  That's why they haven't revalued yet because they want a long lasting infrastructure and that's it.  They are still on cue.   [post 3 of 4....stay tuned]

2-22-2013  Newshound Guru Breitling   So, here we are today trying to figure what they are doing today.  They are talking about making the dinar relevant on an international scale.  They are creating the perfect storm.  Iraq knows exactly what's coming, in 200 years down the road if you were to be able to move forward, I guarantee that the dinar will be more of a success story than the USD.  That's how much I believe in the infrastructure that they are putting up & what they are doing.  The reality is they are trying to make the currency that we have more relevant. They like the idea that we have their currency.  [post 2 of 4....stay tuned]

2-22-2013  Newshound Guru Breitling   I still haven't seen anything negative coming out of Iraq as far as infrastructure or anything that points to our investment.  Articles came out and talked about how they are structuring the dinar for future use.  Articles have come out and said Shabibi talked about how the dinar will be a foreign currency reserve.  So, that means the dinar is going to be so stable and have such good value that central banks of other countries are going to take the dinar, put it in a central bank, store it and it will add value to their currency.   [post 1 of 4....stay tuned]

2-22-2013  Newshound Guru Adam Montana    Right now Iraq is under minimal political pressure - the UN huffs and puffs but there is no real CONSEQUENCE to their actions or inactions. Iraq is going to move when they have to, or when they want to... and it will be for money. One way or another

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