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Sunday, November 22, 2015

DINAR GURUS UPDATE, 22 NOV

11-22-2015   Newshound Guru wmawhite   [IYO when those lower denoms hit the street, would a new rate already be established, or would that come a bit later? Or would it possibly come before they release the lower denoms?]  Excellent question...Let me ask you...if a 1 IQD coin has a value of $0.00086...why would it be put on the street today?  It wouldn't...Same with the other new notes/coins.   The Iraqis will not see them until well after the value of the IQD increases dramatically.  IMO...I will be on the beach in St. Thomas by the time the LDs are fully in use.  [post 1 of 3....stay tuned]

11-22-2015   Newshound Guru rcookie
   [it is impossible to hv an rv and issuing 50k notes...does not make sense at all...why will they issue 50k and delete the zero the same year? DO YOU ACTUALLY BELIEVE THE IMMEDIATE AND COMPLETE COMPLIANCE TO ALL IMF...UN...AND WB MANDATES SUCH AS AML LAWS...BUDGET DEFICIT REDUCTION MEASURES THROUGH AUSTERITY REVISION...SALARY LADDER IMPLEMENTATION...ELECTRIC AND FUEL SUBSIDY REVISION...INVESTMENT LAWS PASSED...DISPLACED PEOPLES BUDGET REVISED...IMF & UN MANAGEMENT OVERSIGHT & MONITORING PANEL TO CBI IMPLEMENTED...FEDERAL JUDICIAL REFORM WAS ALL COMPLETED IN THE TIMETABLE THEY HAVE ACTED ON TO LET IT ALL SIT AND STEW FOR 2 YEARS...

11-22-2015  Newshound Guru Aggiedad77
  Look to the calendar for the day and smile...indeed.  The LD's are home for the Holidays...Tucked in their respective drawers.  All snug as a bug in a rug.  Dreams of sugar plums dance through their heads.  Oh what a few short weeks...the difference can make.  Stay calm...stay grounded...be at peace...For the BEST is yet to come.

11-22-2015   Newshound Guru firefly
   Trust me, this plan does NOT include a LOP.  The IQD is the ONLY currency in the past 10 yrs that has NOT lost any value.  I do not see that changing any time soon...IMO...

11-22-2015   Newshound Guru wmawhite   ...Iraq/CBI will not LOP...What does every thing coming from the CBI, GOI and Parliament speak about... INCREASING the value of the IQD...a LOP is a dramatic DECREASE in value.

11-22-2015   Newshound Guru Millionday
  WE ARE WAITING FOR THE POINT THAT THE RELEASE OF PRICING IS NEEDED AND ACCORDING TO REPORTS...IT SEEMS TO BE CLOSE.

11-22-2015   Newshound Guru Kaperoni
  Article quote:  "...(the central bank next year will present another new currency worth 100 000 dinars and then followed the process of deleting the zeros currency in circulation is to be one dinar and 5 dinars and 10 dinars and 25 dinars and 100 dinars)."   This article also confirms the specifics of the plan, the introduction of the 50k, possible 100k which will consolidate the physical note count prior to beginning of the deletion of zeros project...which will raise the value (and bring out the smaller denominations). I continue to stick with the timeline the CBI announced last summer (50,100, 200 by the beginning of 2017).  I also believe the float has to start within the next 6 months in order to meet that CBI timeline  The next 6 -12 months will be very exciting times as we watch this progress.  [post 2 of 2]

11-22-2015   Newshound Guru Kaperoni   Article: "Financial Parliament (time): next year the economic situation will not be different from the current"   Though this is not the timeframe we want to hear, it does confirm exactly what we have stated. The rise in value is directly related to the market economy which means we need the laws, agreements, insurance, investors, etc. As investment comes into Iraq, it will create inflationary pressure that will raise the value of the dinarThis is basic and fundamental monetary policy that is confirmed in the IMF Article IV Consultation from 2013 where they want the dinar to appreciate based on the Balassa-Samuelson effect.  

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