DINARESGURUS.BLOGSPOT.COM_________

Thursday, January 28, 2016

DINAR GURUS UPDATE, 28 JAN

1--28-2016   Newshound Guru Adam Montana   I mentioned 2 major things last week: Parliament and Price of Oil.  Parliament is stalled... no news out of them this week.  But it won't stay that way for long - things will pick up speed again, just as sure as the sun will go down and come up again. So forget about Parliament for a minute, and let's talk about Oil.  Crude has crashed over the past couple months, and I'm not going to bore you with  a long analysis...I'm just going to give you my opinion - as of this morning, I'm finally starting to feel like we may have reached the bottom. Once we've reached the bottom, prices should stabilize and that's when I believe the CBI will loosen it's grip on Parliament (yes, I believe that the CBI has MAJOR strings to pull in the GOI), and once we're looking at a consistent uptick in oil... THAT is what we are looking for. It could trigger the HCL out of sheer necessity, and then we're in business. Of course, I could be wrong on this "bottom".   [post 2 of 2]

1-28-2016   Newshound Guru Adam Montana
   To be completely frank on the situation, the IQD isn't nearly as complicated as a lot of people make it out to be... but in some ways, it's much MORE complicated.  Here's how it is simple: The CBI has the final say in the exchange rate of the Dinar. PERIOD! The IMF doesn't control the rate, Maliki has no control over it...  When the CBI says "The new rate is X", that's itNo approvals from Obama, no vetoes from Putin, nothing will change it. When the CBI pushes the button, it's DONE.  Now here's how it's complicated: The IQD isn't currently traded on FOREX. It's not a currency you can go to Wells Fargo or Chase and exchange at the counter. It's not at the Currency Exchange booths in airports, and you can't currently use it to buy bread at your local store.  But the IQD does have an impact on the bigger global picture. The world, at least the intelligent and aware portion, is well aware that the IQD is in existence and has the potential to create BIG waves in the global economy!   [post 1 of 2....stay tuned]

1-28-2016   Newshound Guru OOTW   "...al-Abadi said during a meeting on the sidelines of the Davos economic conference in Switzerland, which was held last week," There are a lot of corrupt who are trying to disrupt our efforts reforms, but they have not succeeded so far..."  HERE ABADI IS STATING THAT THE GOI  IS TRYING TO ADDRESS CORRUPTION, THEY'VE ENACTED NEW MEASURES TO DO THIS...  I'M GLAD TO SEE THIS AND THIS TIES MUCH OF WHAT WE'VE BEEN SEEING IN THE PRESS...CO-RELATED STATEMENTS THAT THE CORRUPTION IN THE AUCTIONS IS NOT BEING ADDRESSED BY THE CBI, REFORMS CANNOT BE ENACTED DUE TO THE LEVEL OF CORRUPTION, WE'RE FORMING COMMITTEES TO EXPEDITE THIS WORK, IT WILL TAKE TIME DUE TO YEARS OF ENTRENCHED CORRUPTION...MANY CONNECTIONS BETWEEN THE MONEY LAUNDERING AND LACK OF REFORMS BEING IMPLEMENTED.

1-28-2016   Newshound Guru Millionday
   THEY HAVE BEEN GIVEN THE REIGNS -- THIS IS HANDS OFF AND JUST MONITORING -- NOT DOING ANYTHING BUT MONITORING -- THE HELP TO GET TO THIS POINT HAS BEEN GOING ON FOR YEARS AND NOW THEY HAVE FORMALLY ANNOUNCED THAT IRAQ IS READY TO IMPLEMENT AND THE IMF WILL MONITOR...THIS IS HUGE.  IRAQ IS THEIR OWN COUNTRY AND CBI IS INDEPENDENT.   [post 2 of 2]

1-28-2016   Newshound Guru Millionday   Article quote:  "IMF staff will work closely with the authorities to monitor progress in the implementation of their economic program."   THE IMF STAFF WILL WORK CLOSELY WITH THE AUTHORITIES TO MONITOR PROGRESS IN IRAQ`S IMPLEMENTATION OF THE ECONOMIC PROGRAM -- THEY ARE READY TO IMPLEMENT ACCORDING TO THE IMF LAST WEEK.  THE ECONOMIC REFORM INCLUDES ALL ECONOMICS -- BANKS -- MONETARY -- FUNDING -- MARKET -- ETC.   [post 1 of 2....stay tuned]

1-28-2016   Newshound Guru Kaperoni   There is no revalue or overnight event...but a gradual appreciation based on the economic growth, GDP of Iraq. The process to raise the value is based on economic principals, not some arbitrary number. Most importantly, the dinar is directly related to the creation of a market economy.  So as the world comes to Iraq to invest (once the laws are in place), it will create an economic boom of sorts, and as a result of billions of dollars will begin flowing through the CBI's capital account to participate in investment projects, the result will create inflationary pressure in the country. When the CBI moves to Article VIII (which we expect this year to happen at or about the same time as the passing of the laws), and begins to float the dinar, the dinar will rise in value gradually to counter that inflationary pressure created from the influx of investors...it is absolutely necessary that the dinar appreciate in value as part of the process.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.