Tuesday, December 15, 2015


12-15-2015  Newshound Guru Breitling  This is driving people nuts and I don't know why…there was a change in the value of the dinar and people are trying to speculate what that means and what's going on.   I've used this analogy before…what makes special forces elite and better than anybody else?  It's their training.  So whenever they have a task to accomplish they are not guessing.  They have a plan a, b, c, d and e with multiple scenarios and multiple exit plans.  The reason I tell you this is that is exactly what Iraq is doing with it's currency.  That is the only reason the value changed this last week.  It's because they are testing the market.  But they are testing it at a very small level.  Why are they doing that?  Because they don't want to guess.  There should be a direct response on any type of movement of a currency…It's a test and nothing more.  They want to see how the market reacts.  That's policy.   The other question that's kind of interesting is…[Post 1 of 2]

12-15-2015   Newshound Guru Millionday
   Article quote:  "the meeting presidencies Saturday evening in the presence of leaders of political blocs stressed the need to pass the oil agreement..."  THEY HAVE AGREED ON THE HCL.  DURING THIS WEEK THE HCL WILL BE VOTED IN FOLLOWING THE BUDGET VOTE...ACTUALLY EXPECTED ON THE 16TH IT MAY NOT BE SAME DAY BUT THEY STATED IT WILL BE THIS WEEK.

12-15-2015   Newshound Guru Kaperoni   The IMF will get the CBI to join the worlds money game sometime in 2016 and after that, supply and demand takes over...  It's hard to stay optimistic...But this will not fail. Hundreds of countries have signed agreements over the years to invest, and even more companies are committed to set up businesses. If you need an example just look to how busy the Kurdistan region was from 2005-2012 before the downturn and ISIS war. We must be patient and wait for it to happen. Let it come to us.  [post 3 of 3]

12-15-2015   Newshound Guru Kaperoni   So what we are seeing now is efforts to pass laws, banking compliance, etc. to create the environment for international investment. As a result, Investors and investment will come into Iraq, deposit funds through the Capital Account of the CBI and participate in Iraq's rebuilding, infrastructure and market economy. This will in fact create inflationary pressure, the result of that will NOT devalue the dinar, but will allow the CBI to raise the value of the dinarAnd as stated directly in the IMF Article IV Consultation, it's called the Balassa-Samuelson effect. [post 2 of 3....stay tuned]

12-15-2015   Newshound Guru Kaperoni    I believe some in Iraq think that the issuance of the larger notes will raise prices in Iraq and bring back inflation. And as a result allow the CBI to remove the 250, 500 (like they did the 50).  What would be left would only be 1000, 5000, 10000, 25000 and 50000.  As a result they could delete 3 zeros via LOP at 1 to $1.  This theory is not what is going to happen.  What is going to happen is exactly what the IMF stated. Which is appreciation of the dinar based on investment.  

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