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Monday, December 14, 2015

DINAR GURUS UPDATE, 14 DEC

12-14-2015   Newshound Guru rcookie   Article quote:  "...economic expert, Salah al-Din Kaku, that Iraq depends on oil revenues by more than 80 percent, indicating that the decline in oil prices is necessary for Iraq to take swift action to lift the economy."  THIS ARTICLE SUPPORTS THE DIRE NEED IN IRAQ TO IMPLEMENT ALL OTHER ECONOMIC REVENUE STREAMS TO RELIEVE BUDGET BURDEN ON VOLATILE OIL MARKET PRICING...LIKE TAXES & TARIFFS...AGRICULTURE AND THE INDUSTRIAL MANUFACTURING SECTOR...OR PREDICTION OF TOTAL COLLAPSE OF IRAQI ECONOMY IN 2016.

12-14-2015   Newshound Guru Kaperoni   The market economy cannot succeed without freedom of movement of capital.   And everyone knows it is grossly undervalued. Once the laws are in place and the CBI moves to Article VIII and changes regime from fixed to float, the dinar will only go one way..that is up.   ...we should be excited, the CBI has followed very precisely the IMF the last few weeks.  A great sign of what's to come.

12-14-2015   Newshound Guru OOTW   Quote: "The first is called the central category of «50» Alpha in February next. And the planned issuance of the «100»"   FOOD FOR THOUGHT - IF THE 2016 BUDGET CONTAINS LEGISLATION STATING THAT THE TARIFF'S ARE TO BE IMPLEMENTED IN 2016, COMBINED WITH TODAY'S CABINET ANNOUNCEMENT RE THE INTENTION TO CHARGE ENTRY OF FOREIGN GOODS CUSTOMS/TARIFFS – AS WELL AS THE ABOVE ARTICLE [quote], RE THE INTENTION TO RELEASE THE 50K NOTES IN FEBRUARY (LATER TO RELEASE 100K) NOTES, THEN PERHAPS THE IRAQI GOVT WILL ASCRIBE SOME PURCHASING POWER TO THESE NEW NOTES? AS USUAL, WE WAIT AND SEE...  [post 2 of 2]

12-14-2015   Newshound Guru OOTW   FROM THE CABINET SITE:  "the Federal Ministry of finance/general administration llkmark introduction kmerkih audit and holds the points to make sure that the customs tariff law in border self-righteous."  THIS ANNOUNCEMENT IS CONFIRMING THAT THE GOI INTENDS TO IMPLEMENT TARIFF'S AND QUALITY CONTROL OF GOODS FOR THOSE BRINGING GOODS INTO IRAQ...ONE THING TO NOTE - IF THESE IMPORTER'S ARE BEING CHARGED A TARIFF, YOU CAN BET THEY'LL PASS ON THESE COSTS TO THE IRAQI CITIZENS/ BUYER'S OF GOODS

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