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Sunday, January 24, 2016

DINAR GURUS UPDATE, 24 JAN

1-24-2016   Newshound Guru wmawhite   The fact that Iraq Airways/Airline is being opened for foreign investors is proof that the restrictions are moved/being removed.  [so they are removing the restrictions so they can have currency exchange?]  If you have one you have to have the other.  It is the Investment Law that they amended is providing this great change in Iraq.   [SO IT COULD BE A TIMING ISSUE? It is in keeping with what we know...IMF expectations...1st half of 2016.   [post 2 of 2]

1-24-2016   Newshound Guru wmawhite  What are the two most important items the CBI/GOI must accomplish before there is any change in the value of the IQD?  ...and are doing?  Straight from the IMF...here it is: "The government will gradually remove remaining exchange restrictions and multiple currency practice (MCP) with a view to eliminating exchange rate distortions."  Now...how do we know for a FACT they are accomplishing these items?  Investment proceeds...that is foreign investment...money coming into the country and the ability to leave the country.
[post 1 of 2....stay tuned]

1-24-2016   Newshound Guru  firefly   Iraq IS a special circumstance. Can't compare it to China or any other country.  Remember, Iraq never lost it's value. It was shut down by the UN and in limbo since.  [un has a duty to restore what they devalued...i read that somewhere.]   BINGO!   but it was not devalued, it was simply shut down at the request of the US.

1-24-2016   Intel/Newshound Guru Poppy3   ...THE RV WILL HAPPEN IMMEDIATELY WHEN EVERYTHING WITH FINANCIAL REFORM HAS BEEN COMPLETED. THE STATEMENT THE IMF MADE ABOUT THE FIRST HALF OF THIS YEAR DIDNT MEAN TILL JUNE IT MEANT THE FIRST HALF OF 2016 AT ANYTIME.   WE KNOW THAT ALMOST A YEAR AGO THEY APPLIED FOR FULL MEMBERSHIP TO THE WTO. WE ALSO KNOW IT WAS SAID IT TAKES A MINIMUM OF 5 MONTHS TO COMPLETE THE PROCESS BUT WHAT WE DON'T KNOW IS HOW FAR THROUGH THE PROCESS THEY ARE?   MY THOUGHTS ARE FROM THE PROGRESS OF GREAT NEWS LIKE THE POSTING OF THE BUDGET TELLS ME THEY ARE IN THE URGENT MODE AND ALL NEED COMPLETION. KEEP YOUR EXPECTORS ON WE MAY BE ENTERING THE PROMISELAND...

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