,
DINARESGURUS.BLOGSPOT.COM_________________ _______

Tuesday, December 9, 2014

DINAR GURUS UPDATE, 9 DEC

12-9-2014   Intel Guru TNT Tony   [via Adept1]    [Vietnam has been exporting for years without an RV;  could that happen in Iraq as well?]  Any  country can say that they want to raise the value of their currency.  There is a Global Currency Reset (GCR) for 200 countries based on Basel III protocols, and those 200 countries are not just wandering around saying, “Hey, I wonder if there is gold under that mountain”.  That has to happen to do a GCR – they had to have a foundation, and they chose the Iraqi dinar.  China chose Vietnamese dong, because everything in China is built in Vietnam.  So Iraq has discovered all these new oil wells, and Vietnam found all these assets to bring up their reserves.  Any country has foreign currency reserves, and that adds to the artificial manipulation designed to create this GCR.

12-9-2014   Intel/Newshound Guru tman23
  Kurdistan Parliament is continuing work on an independent Kurdistan Constitution to be completed near term August 2015...and will vote for a referendum for an independent Kurdistan if Baghdad doesn't live up to the agreements and/or doesn't/can't get its s*** together...The Kurd constitution being written WRITES OFF THE USE OF THE IQD AS IT"S OFFICIAL CURRENCY...Also the Kurds have said they had enough of Maliki accusations in the press and the GOI needs to take action immediately against this man who placed Iraq in disaster and continues to hurt the country...There is a lot of chatter in Kurdistan over the CBI and LACK OF in Kurdistan...And...BIG ribbon cutting ceremony in Erbil on Grand Opening of Blom Bank...HUGE...!!

12-9-2014   Newshound Guru Kaperoni
   Article:  "Zebari: the dinar exchange rate remains stable"   Quote: "views the exchange about the role of the International Monetary Fund to help Iraq through this difficult phase of the Iraqi economy."   The key is it appears Iraq has turned to the IMF for help.  And they will follow the rules even more so now.  Which takes me back to the IMF Article IV consultation!  Article VIII and a gradual appreciation.

12-9-2014   Newshound Guru Millionday 
  Quote:  "The economic expert is expected to increase the purchasing value of the Iraqi dinar taking advantage of the economic strength of the dollar".  THE RAISE OF THE US DOLLAR RAISES THE BASKET OF CURRENCIES AND WE ARE THE LARGEST PURCHASERS/CONSUMER OF OIL -- SO... THE GROWTH IN VALUE HAPPENED BUT THE PRICE OF OIL WENT DOWN SO IT HAS A PARTIAL GAIN DUE TO THE MARKET.   SO IN OTHER WORDS THIS IS A GOOD TIME TO INCREASE THE PURCHASING POWER OF THE DINAR.  

12-9-2014   Intel Guru DC
  [via Adept1]    [Vietnam has been exporting for years without an RV;  could that happen in Iraq as well?]   Iraq has a plan and very bright people to execute it over the last ten years;  otherwise the Iraqi dinar would just float on the market.  They have done many studies and very worked out plans over the last ten years to deal with explosive growth. Vietnam has done some of that, but not as publicly, so they cannot really say what the dong could justify.  They are having to use reserve-based theory to revalue their currency.

12-9-2014   Newshound Guru Stryker  
 Article QUOTE: "Ali Fayad, said Speaker of the House adviser on energy, on Monday, that the political atmosphere between the province and the center of political and other blocs are ripe for the enactment of the oil and gas law and the formation of the Supreme Council of the oil policy"  ONCE AGAIN THERE ARE TALKS ABOUT THE TIME BEING RIGHT NOW TO PASS THE OIL & GAS LAW DUE TO THE DEAL STRUCK BETWEEN KURDISTAN AND FEDERAL GOVERNMENT.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.