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Monday, December 28, 2015

DINAR GURUS UPDATE, 28 DEC

12-28-2015   Intel Guru Bluwolf   We await a not so distant sign or calling which actually should be in the mist of occurring.  I for one am very optimistic about the situation, every aspect of this venue has been covered and there is no reason to the why it hasn't transpired. We are just a email away period.

12-28-2015   Newshound Guru Kaperoni
   Strengthening the dinar, opening the banking system, freedom of movement of capital are all goals. A devaluation is counterproductive to this. Not to mention Ali al-Allaq made at least 3 appearances in the media stating the CBI has no intent to devalue the dinar. If this becomes a clear lie, it would hurt his credibility and the CBI's monetary policy credibility...Further harming the banking system.  I don't buy it all...I would tend to think this kind of article comes from those who don't want to see the CBI succeed and want to further damage Iraq's economy.   Time will tell.   [post 2 of 2]

12-28-2015   Newshound Guru Kaperoni  Article:  "Parliament calls for reducing the financial value of the dinar against the dollar, rather than external borrowing"  This is the same old story from a few months back, calling for the CBI to devalue the dinar to 1400 to save money on the budget rather than borrow from the IMF and WB (and the subsequent conditions) to fund the budget. The one caviot here is they claim they have sources in the CBI that are in agreement and planning to devalue the dinar.  That being said...in the short term, a devaluation would save them some money. The problem is though that it would also destroy citizen confidence in the dinar, many would dump the dinar for dollars and further putting strain on the CBI's reserves. A devaluation also completely goes against the principles the CBI and government are trying to acheive to create a market economy.  [post 1 of 2....stay tuned]

12-28-2015   Intel/Newshound Guru Poppy3  [...do you think the news is behind with what is happening with them taking back Mosul?]   THERE IS NOTHING TO TAKE IN MOSUL JUST A FEW TERRORIST...MOSUL HAS NEVER BEEN UNDER ISIS CONTROL AT ALL. JUST LIKE RAMADI...NO PRISONERS TAKEN AND WILL DO THE SAME IN MOSUL...VERY FEW LEFT. ...THEN OUR MEDIA WILL CLAIM A GREAT VICTORY... DOESNT EFFECT THE NEW RATE SHOWING WHEN THEY GET READY.

12-28-2015   Newshound Guru rcookie
   Quote: "Iraqi city of Ramadi 'fully liberated' from ISIS by government forces THE ASSOCIATED PRESS Monday, December 28, 2015, 6:36 AM EVEN THOUGH IRAQI FORCES ARE DECLARING FULL LIBERATION OF RAMADI...THE ENTIRE GOV'T COMPLEX HAS BEEN LIBERATED...AND 70% OF RAMADI BUT STILL SOME CLEAN UP WORK TO DO.

12-28-2015   Newshound Guru Millionday   "...the government's commitment to hand over 17% of the actual spending for the region depends on the commitment of the region to export oil..."   "...there have been meetings between the Prime Minister and the Finance Ministry and the Finance Committee in the Parliament and there was an understanding between them on all the 2016 budget items."  THIS IS ADDRESSING THE OIL AGREEMENT BETWEEN KURDS AND IRAQ FEDERAL BUT ALSO IS OBVIOUSLY THE AGREEMENT WITH THE BUDGET ITEMS AS WELL.  THEY ARE AGREEING ON THE OIL AGREEMENT MADE EARLIER THIS YEAR AND MOVING FORWARD...FINALLY THEY HAVE AGREED AND THE NUMBERS WORK AND ARE GOING TO BE RESPECTED.  THIS IS GREAT NEWS.  THIS IS A HUGE WHOOPOW.

12-28-2015   Newshound Guru firefly   [i dont think anyone is calling a date or rate, just hoping. There is no hoping, it is happening before our eyes, Just enjoy the last moments.

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