10-28-2015 **** Dinar Guru UPDATE **** We have guru consensus! Gurus from multiple camps are reporting Iraqi's new Investment Law has finally been voted and passed! There is still some question on whether it has been printed and published in the Gazette yet...so it's not officially official until we do. Guru Millionday has heard it's been published but it's not confirmed. The Guru Major To Do Items List in the Dinar Guru Resource Bar on the left of this page HAS BEEN UPDATED!! Once the printing has been confirmed...Investment Law status will change to DONE! Stay tuned as this story develops and the gurus uncover additional details and it's possible impact on the dinar...
10-29-2015 Newshound Guru Adam Montana [What is your confidence level that we will see an RV after the HCL is passed? A week? A month?] My opinion is that it will be less than a week, possibly less than a day.
10-29-2015 Intel/Newshound Guru tman23 The walls are closing in on Abadi... the advantage and momentum will shift to his opponents, especially with the salary ladder and cuts. So with all the protesting about the "cuts in salary" and Maliki on the offensive...The introduction of a new value is an ACE in the hole for Abadi. The people only need to understand that part of reform makes the IQD more valuable then the dollar... And from that point on, Maliki is in the nose bleed section...and nobody on the playing field will hear him or his followers anymore. [he needs to do that quickly then.] YEP...and not another 30 days either!
10-29-2015 Intel Guru Frank26 For the past one to one and half months the Investment Law, the HCL, in fact all the laws have been long passed...but what they have done is “amend” the laws, not make new laws...they have been doing this with ALL laws...they had these laws ready weeks ago...they were designed and amended to meet IMF standards...these laws have ALL been done to INTERNATIONAL standards...and are ready to go FULL throttle. They unanimously approved all the laws yesterday we believe...but they are not ready to be released yet. In thinking back to last year...I believe I told some of you...expect the LD’s in November...they will drive the rate of the currency up... ...the Top Teams called in today and they had one thing to say, “WE ARE VERY CLOSE”. They have 100% security. They have 100% laws. NO LD’s yet...but are EXPECTED in Nov.
10-29-2015 Newshound Guru rcookie THE AMENDMENT TO THE INVESTMENT LAW VOTED ON AND UNANIMOUSLY PASSED...THEY HAVE BEEN WORKING FOR 5-6 YEARS ON THE DETAILS OF FACILITY AND INVESTOR PROTECTIONS IN THE INVESTMENT LAW AMENDMENT THAT WAS VOTED ON ...5-6 YEARS!...INCLUDING NATIONAL & INTERNATIONAL ARBITRATION...AND INVESTMENT AUTHORITY WILL ISSUE INSTRUCTIONS TO IMPLEMENT...WHY BOTHER TO LAY ALL THE GROUNDWORK TO IMPLEMENT THESE INTERNATIONAL BUSINESS, INVESTMENT AND PRIVATE SECTOR MECHANISMS IF YOUR CURRENCY IS NOT INTERNATIONALLY ACCEPTED...AND ARTIFICIALLY SUPPRESSED.
10-29-2015 Newshound Guru Millionday [So, they are planning on activating the market economy by mid 2016. So, that means that we will probably not see a rate change until that time, correct?] I HAVE NOT SEEN 2016 BEING THE TIMELINE OF ACTIVATION -- IN FACT INDUSTRY IS BEING ACTIVATED /LICENSED ACCORDING TO NEWS TODAY -- LOTS GOING ON. IRAQ HAS ASKED BP TO RAISE THEIR RATE OF WORK IN IRAQ -- THIS IS BIG DUE TO CHINA AND BP SIGNED AGREEMENT IN SOUTH FIELDS. THE DATE IS NOT RELEASED BUT IMO -- AND BY MUCH IN THE REPORTS -- ANYTIME.
10-29-2015 Intel/Newshound Guru Mnt Goat How can they RV without getting rid of the Iranian influence, Maliki and his goons (political reforms). How can they RV without cleaning up all the corruption in the ministries (political reforms). How can they RV without getting rid of ISIS and under control (security reforms). I AM TELLING YOU – ALL THESE PROJECTS ARE PART OF THE EEFORTS TO STABILIZE IRAQ. It is all moving ahead with lightening speed but it is a process and contains many events that must be done prior to the RV now that the GREEN light has been given since last March. There will be no RV until at least late December or early 2016 sometime. Just way too much intel telling us it could not happen until this timeframe. [post 2of 2]
10-29-2015 Intel/Newshound Guru Mnt Goat How could you RV without the anti-money laundering law? (financial reforms). How could you RV without the terrorist law? (security reforms). How could you RV without an Investment law? (economic, financial and security reforms). How could you RV without the National Unity Card? (security and economic reforms). How could you RV without first setting up the Customs and Tariffs, ISX and printing the 50k and100k notes? (economic and financial reforms). How could you RV without launching the lower denominations at the banks? (financial reform). How could you RV without the National Guard law (security reforms).