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Monday, January 11, 2016

DINAR GURUS UPDATE, 11 JAN

1-11-2016   Intel Guru Delta   after it has been installed price in the budget agreement with the Government and the International Monetary Fund ".   IT LOOKS LIKE THE NEW BUDGET HAS A RATE THAT WAS AGREED WITH THE IMF.

1-11-2016   Newshound Guru OOTW
   REPAIR OF THE PORTS AS WELL.  ARTICLES FROM ECONOMISTS STATING THAT IRAQ HAS TO JUMP START THE ECONOMY VIA TRADE (ESP EXPORTS) AND STATING THAT THE CURRENT VALUE OF THE DINAR DOESN'T SUPPORT THAT...LIKEWISE, SOME OF THESE ECONOMISTS STATE THEIR (VALID) REASONING AS TO WHY THE IQD VALUE SHOULD BE DECREASED OR INCREASED.  HENCE THE NEED AS STATED BY ZEBARI AND MOHSEN (SEPARATE ADDRESSMENTS) RE THE STUDY OF THE VALUE OF THE DINAR.   ABADI ALSO STATING THAT THEY NEED TO INSTITUTE THE TARIFFS TO HELP REBUILD THEIR RESERVES.  THE REASON BECAUSE THE ECONOMISTS KEEP HARPING ON THIS - IS BECAUSE IT NEEDS TO BE DONE...YET, OVER ALL THESE YEARS...WE STILL SEE A CONTINUED POLICY OF CONFLICT BETWEEN THE ECONOMIC ADVISERS AND GOVT COMMITTEES VS THE CBI. I AGREE WITH THE THOUGHTS OF MANY OTHERS..SOMETHING IS AFOOT.  [post 2 of 2]

1-11-2016   Newshound Guru OOTW   Article: "Parliamentary Economic proposes to change the central bank policy and stresses: financial situation would be "the biggest challenge"  [What is your sense of these articles?]  THE MOST CLEAR ASPECT I SEE IS THAT THEY WANT AND NEED TO GET THEIR EXPORTS GOING AND THIS IS THE PRIMARY REASON FOR ADDRESSING THE VALUE OF THE IQD.  ...WE'VE ALREADY SEEN THE RATE DROP TO 1182.  BOTH THE CBI AND SALEH (ADVISER TO ABADI) AND THE ECONOMIC COMMITTEE HAVE PUBLISHED THEIR LISTS OF NEEDED REFORMS TO THE ECONOMIC AND BANKING CONDITIONS.  THEN WE HAVE THE PARLIAMENT SITE, STEADILY POSTING ANNOUNCEMENTS THAT PEOPLE NEED TO START SUPPORTING/BUYING IRAQI PRODUCTS.  THE MINISTRY OF TRANSPORT AND TRADE HAVE BOTH PUBLISHED ANNOUNCEMENTS REGARDING THE NEED TO PREPARE FOR INTERNATIONAL TRADE...AS WELL AS AGREEMENTS WITH OTHER COUNTRIES (STATUS OF - MOVING FORWARD).   [post 1of 2....stay tuned]

1-11-2016   Newshound Guru wmawhite    folks, the CBI has the ball inside the 10 yard line. It needs a touchdown, and field goal will not help because there is less than a minute left to play...all of this other stuff; hcl, amnesty law, national guard law is extra stuff we don't care about....concentrate on the ball and the CBI.   IMO...this game is winding down and I am amazed at the information we continue to be provided.  The IMF told you and me how this will play out...remember, they said...that Iraq will enter the market during the 1st part of 2016.  Based upon that information you know how it will play out.

1-11-2016   Newshound Guru OOTW   ...A PRESS RELEASE FROM DEPUTY SPEAKER, HAMOUDI, AGAIN CALLING FOR THE LAUNCHING OF IRAQI NATIONAL PRODUCTS...MANY SIMILAR ARTICLES AS WELL AS PRESS RELEASES ON THIS CONTAIN WHAT SEEMS TO ME TO BE SUBTEXT OF "BUY IRAQI BECAUSE TARIFFS ARE COMING".  WE WAIT AND SEE.

1-11-2016   Intel/Newshound Guru tman23  The IMF did make the statement that Iraq will enter the world market 1st part of 2016... So ask yourself...What does Iraq have to export from agriculture or manufacturing?   NOTHING IS THE ANSWER!  So again, why announce Iraq to the world market? The only reason can be to exchange their currency for foreign currency to purchase imported goods. None of that means our 3 zero notes will be worth more money. WE only hope that it will be worth big returns on exchange. 

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