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Sunday, June 28, 2015

DINAR GURUS UPDATE, 28 JUNE

6-28-2015   Newshound Gurus OOTW and sczin11    RIGHT NOW IRAQ HAS ACTIVATED THEIR PRIVATE SECTOR DEVELOPMENT AND AT THE FOREFRONT OF THIS IS IMPORTING AND EXPORTING REGULATIONS. ...THEY NEED TO CREATE JOBS AND HAVE THEIR OWN GOODS TO SELL TO IRAQI'S TO BOOST ECONOMIC DEVELOPMENT WHICH WILL FURTHER SUPPORT THE VALUE OF THEIR CURRENCY, IE STOCK IN IRAQ – REMEMBER CURRENCY = STOCK IN A COUNTRY.  NOW LOOK AT THIS...   [post 1 of 2....stay tuned]

6-28-2015   Newshound/Intel Guru BGG
   [If I were an Iraq citizen and my neighbor Kuwait was rich because their currency was at 4 and mine was at 1166, I would be throwing a fit by now.  Cant the people and government see the huge disparity between the 2 countries and do they not realize the problem.]  ...there was word getting out of Baghdad over the last couple of weeks about demonstrations brewing over the exchange rate of the Dinar...they have been following this as we have.  Maybe not as close - expecting something to happen...they are getting restless - in fact, this recent "weakening" of the Dinar nearly got something going Abadi couldn't handle...

6-28-2015   Intel Guru Already Blessed 
  [new guru]   [We definitely don't know for sure if the Greece situation affects in anyway the RV...]   OUR INFORMATION IS THAT GREECE IS DEFINITELY AFFECTING THE RV BEING RELEASED TO THE PUBLIC AS IT WOULD BE A FIASCO IF GREECE DEFAULTS AT THE SAME TIME.  I DON'T KNOW THE PLAN FOR RV IF GREECE DEFAULTS.

6-28-2015   Newshound Guru Enorrste
   [You... have spoken before about how large investors will possibly get on board once they see it beginning to trend. So do we picture them as providing the momentum to keep it pushing higher? I personally believe that once the exchange rate regime is changed to a free float mechanism that there will be significant interest from the financial community in the dinar.  At this point it is not tradable on Forex or any other electronic media.  But once it becomes internationally tradable then speculators will begin to look at it .  When they do so they will see that the reserves of Iraq are huge in relation to the value of the money supply.  Then, just as they would buy up an undervalued stock, they will begin to buy up an undervalued currency.  One thing will lead to another as the ticker begins to move upward, and interest will grow and grow until it overwhelms the system.  That is how I see it.

6-28-2015   Newshound Guru Millionday
   JULY 1ST -- FIRST SESSION FOR IMPORTANT LAW -- IMF MEETING ON IRAQ`S MONEY---JULY IS THE HUGE HUGE SHOPPING INTERNATIONAL MEETING -- HUGE  [Do you still think they have a date they are committed to to get this done?]  I THINK THEY HAVE HAD A DATE FOR THE WHOLE TIME -- WE JUST DONT KNOW WHAT IT IS SO WE WATCH WHAT THEY DO IN INK...WHO MAKES A PLAN OF CHANGE LIKE THIS WITH NO DATE?

6-28-2015   Newshound Guru My Ladies 
  I WANT TO BE CLEAR THAT WE ARE IN NO WAY DRAWING A STRAIGHT LINE FROM GREECE OR IRAN TO IRAQ AND THE DINAR.  WE DO NOT THINK THAT GREECE OR IRAN IS HOLDING UP THE TRADING OF THE DINAR.  WE KNOW THAT A NEW BANKING SYSTEM IS COMING IN, WE KNOW THAT THE SDR MODEL IS COMING TO PASS, AND WE KNOW THAT WITH ALL THE CHANGES THAT ARE HAPPENING THAT IRAQ WILL HAVE TO CHANGE TOO.  IRAQ WILL BE REACTIONARY TO THE ENTIRE BANKING SYSTEM AND IMF MONETARY REFORMS. AND THEY WILL REACT REGARDLESS OF WHAT IS GOING ON IN THE COUNTRY WHEN THE TIME COMES.

6-28-2015   Newshound Guru Aggiedad77
   Article:   "Economic adviser to the servants, the central bank must find a realistic price for the price of the dinar exchange Intasp with oil prices"  I so enjoy reading things when Dr.S [Dr. Shabibi] and Dr. Saleh appear to be doing things in tandem...a coordinated effort of sorts it would seem...let them crow because they know what is coming...aligning the price of the dinar with oil, maintaining stability to ensure a smooth progression of the MR [Monetary Reform].  They understand what it will take to fully see the original dream for this currency to once again thrive.  The politicians have not a clue to its true inner workings and thus need to stand clear and watch and be amazed at the end result for Iraq and the world.

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