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Tuesday, April 19, 2016

DINAR GURUS UPDATE, 19 APRIL

4-19-2016   Newshound Guru Millionday   Article quote:  "Ali gesture came out investment forum Iraqi Canadian , which was held in the city of Toronto with several recommendations, most notably the willingness of Canadian companies to enter the Iraqi market and the implementation of various projects."  WOW -- CANADA...THIS IS HUGE IMO.  ...THE MEETINGS THAT HAVE TAKEN PLACE AND ALSO THE MARKET AND INVESTMENT ATTRACTION IS GREAT...WHOOPOW.

4-19-2016   Newshound Guru Shredd
    [...it's good to see the wheels are still turning on the efforts of the WB and IMF.]  Iraq must be compliant with having a true representation of value behind their currency. It's not a matter of they can or should but they must be compliant. A falsely held down rate is not compliant nor is a "dual currency" model.  I am glad to see this continued pressure...clearly the deadline to their patience is near.  [do you think the value of the dinar will increase this yr?]  What will cause the value to increase is of course moving to a market-driven float which is a requirement in a market economy by definition.  When that move is made, I believe the value would certainly gain from where it is.  so, for timing...if this pressure by the WB and IMF works, then I certainly think we could see change...first, how soon will parliament respond...second, how long will it take to implement...and third, how will the value emerge and grow...so much yet to be seen...I'm encouraged. We'll have to see how this plays out...   [post 2 of 2]

4-19-2016   Newshound Guru Shredd    I've been really interested in the IMF threatening pulling funding due to political lag...that was a huge part of their loan, to get to a market economy...the FC and planning need to make a move soon...The dinar will represent true value and the power to boost it to far above where it is has been in place from the beginning.  Politically, laws that have long been needing to be passed must be. Economically, the float needs to be engaged as part of moving to a "market economy".   Planning, needs to plan the timing and process around keeping money supply at the necessary level...also, good to see that article...about the trip to Washington to discuss increasing the rating...if nothing else, this shows us the plan to bring international investment into Iraq is still a priority.   [post 1 of 2....stay tuned]

4-19-2016   Newshound Guru rcookie   IMO...THE PARLIAMENT OBSTRUCTIONISM IS THE 11TH HOUR DESPERATION EFFORTS OF MALIKI... AND ARE DELAYING COMPLETION OF LAW BASKET INCLUDING FED COURTS...AMNESTY AND ACCOUNTABILITY & JUSTICE..WHICH I THINK WILL FLY THROUGH ONCE CABINET RESHUFFLE IS COMPLETED...THATS WHY THEY ARE OBSTRUCTING...

4-19-2016   Intel/Newshound Guru Mnt Goat   Remember there was supposed to be a “basket” of laws voted on in the next parliamentary session. The next session, as the news told us, would be Tuesday 4/12 but this did not happen. Then pushed to Thursday and then Saturday and again these sessions did not happen. So a couple of the recent sessions have been postponed due to lack of quorum as we still wait to hear about today’s session (Monday). Due to the political crisis with the cabinet reshuffle it maybe postponed again. It is my opinion they will not get around to this vote on these new laws for at least a couple weeks or until the dust settles from this political crisis.

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