Friday, March 29, 2013

DINAR GURUS UPDATE, 29 MARCH

3-29-2013  Newshound Guru SWFloridaGuy   ...according to the IMF, Finance Committee and CBI they have already accomplished the necessary economic/political growth to restore previous values to the IQD immediately. I still think Iraq applying for membership is one of the best clues we have currently and suggests that a big change is on the horizon for Iraq because WTO member countries MUST have a convertible currency. It is a requirement!!   The bottom line is it's in Iraq's best interest to move forward with their economic reform project now, which is exactly what today's article is saying. Prior to the actual event the news won't get much better than that.  [post 3 of 3]

3-29-2013  Newshound Guru SWFloridaGuy    After talking to several people, with several different theories, I believe Iraq will take a more general convex function where the growth increases in a way completely disproportional to it's current value. In other words a float is doubtful...There's already way too much heat on Iraq concerning their currency and the hype. So although they could make incremental appreciations i.e., 1000 to 1 as the next step, I don't see them going that route and with this announcement from the Finance Committee it's pretty clear to me that a gradual increase will not accomplish their goals. I think a historic RV somewhere at least on par with the USD initially is the true direction their monetary reform project is headed. [post 2 of 3....stay tuned]

3-29-2013  Newshound Guru SWFloridaGuy     Amazing news today!!! The Finance Committee VP announced that they will be returning the natural rate of the IQD against the USD which proves that Iraq's rate is artificially low due to war/sanctions and not solely due to excessive printing of the old notes. The IMF is also supporting and instructing them on how to accomplish this. Unless you believe in a straight RD, you've known this to be true from the start and why you made a great financial decision (low risk/high reward) in seizing this opportunity.  [post 1 of 3....stay tuned]

3-29-2013  Intel/Newshound Guru Poppy3   SPECIAL EMERGENCY WAS CALLED BY NAJAFI FOR TODAY OR TOMORROW I HAVE FORGOTTEN WHICH OF ALL LEADERS TO PREPARE FOR NEXT PARLIMENT MEETING AND PLAN MAJOR ANNOUNCEMENTS???? NEXT HE GOT SERIOUS ABOUT ATTENDANCE AND CANCELED ALL PARLIMENT VACATIONS AND DAYS OFF TILL EVERYTHING PENDING IS COMPLETED. STAND BY FOR SOME EXCITEMENT FROM NOW FORWARD AND MORE GREAT NEWS EVERY DAY NOW.  [post 2 of 2]

3-29-2013  Intel/Newshound Guru Poppy3   ALL IS STILL MOVING IN THE RIGHT DIRECTION. I AM MORE EXCITED EVERY DAY.  I HAVE GOTTEN NOTHING  [BUT] POSITIVE UPDATES AND THE PEOPLE I AM TALKING TO ARE ALSO VERY EXCITED.  NEWS FROM YESTERDAY WAS ALL GOOD THE DEADLINE FOR THE BORDER CONSTRUCTION WAS MOVING FAST AND REPORTED TO BE COMPLETED SATURDAY, THE WIDOWS AND ORPHANS ARE TO BE FUNDED AND ALL THE SMART CARDS OF THE PUBLIC ON APRIL 1, YESTERDAY THE WASHINGTON GROUP STATED THEY WHERE HEARING THE MINISTERS WHERE TO BE SEATED BEFORE SATURDAY, THEY ALSO SAID THEY HAD HEARD THE BUDGET IS TO BE PUBLISHED IN THE GAZETTE SATURDAY. [post 1 of 2....stay tuned]

3-29-2013  Intel Guru SteveI      I have been told that they are all on board. I believe you will see a formal announcement next week regarding the lifting of Chapter VII.  Ocrush confirmed the new wages April 1st so that is also reassuring that we are still on track. Can things change? Heck yes. Will they change? Probably not. The entire economic stability of Iraq is riding on finishing these last little details.   The chasing is truly finally over. I think we finally caught it.  For me, there is no more work for me to do regarding posting...This is my goodbye post to this chapter. See you in the next one.  [post 3 of 3]

3-29-2013  Intel Guru SteveI     We all think April 1st is a very good date for this to happen because of the many underlying factors.  Ocrush said the budget will get posted in the Gazette by the 31st. There have been no amendments to allow for any additional delays.   We also know that the parliament is keeping their session open which means they can meet at any giving time to vote on the remaining few laws. Ocrush explained it to me that the Council of Ministers will have the approval(s) of all final laws for parliament in time to vote on Monday April 1st..  [post 2 of 3....stay tuned]

3-29-2013  Intel Guru SteveI   We are aware of many things that we have not shared, and when I say done, I mean the major obstacles have been removed to allow the final process to take place. As you are all aware by nowChapter VII is no longer an obstacle, the voting of the budget is no longer an obstacle. Yes a few final laws that have been in the works for some time will be completed. These are not new laws that just came up, but rather existing ones to wrap things up.  The budget is now in the hands of their legal ministry court or department to formally publish it.   [post 1 of 3....stay tuned]

3-29-2013  Intel Guru BOBGETZ6   I have heard some good information, but until the IMF gives the UST the green light, nothing will happen.  Information received from a friend , IMO, was huge, but now we wait to see what transpires. IMO, again, we wait for the announcements and I belive that the chapter 7, budget announcement, and rv will be all at one time.  It appears to be the best place we have ever been in...

3-29-2013  Intel Guru Blaino  THERE IS SOME FRESH STUFF FROM THE "ARCHITECT".... TOMORROW [FRIDAY] COULD BE THE BEST TIME FOR OUR EYES TO SEE THIS THING IN A PUBLIC WAY...AND WE MAY ALSO HAVE UNPRECEDENTED...ANNOUNCEMENTS ON A RANGE OF TOPICS.

3-29-2013  Intel/Newshound Guru Poppy3   received a call saying they have heard the 2013 budget will be published in the gazette saturday.  I AM ALSO HEARING THE MINISTERS ARE BEING SET TODAY [THURSDAY]. TIME WILL TELL.  [do you think there will be a time limit to do our exchanges.] THE CURRENCY SHOULD BE GOOD FOR AT LEAST 24 TO 36 MONTH AND REALLY FOR ALWAYS.  IF YOU HAVE A USD $1000.00 DOLLAR BILL TODAY IT IS STILL GOOD AND MANY OTHER MONEYS THAT HAVE BEEN TAKEN OUT OF SERVICE IN MANY CURRENCIES ARE STILL VALID.  
THE ONES THAT EXPIRE ARE LIKE IF THEY HAVE A 10,000 DOLLAR BILL AND THEY REPLACE IT WILL ANOTHER 10,000.00 DOLLAR BILL BECAUSE OF A GOVERNMENT CHANGE OR REGIME CHANGE THAT IS WHEN THE ARE EXPIRED AND NO GOOD. LIKE THE OLD DINAR THAT HAD SADDAMS PICTURE THAT THEY REPLACED
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