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Wednesday, June 8, 2016

DINAR GURUS UPDATE, 8 JUNE

6-8-2016   Intel Guru SteveI   Iraq's willingness to do this says a lot for the goals and desires to get their economy moving again in the right direction and bring in new global investors. Iraq is really now between a rock and a hard place because they need to move off of dead center and show that this new government is united and finally stepping in the same direction for the good of their people.  Their county has been beat up pretty bad by ISIS and operation recovery is on is way or has already started. Huge accomplishments so far. Excited, well almost, but extremely optimistic with this type of news. All of our guys here in the US and in Iraq are hearing positive things on a daily basis.The momentum sure seems to be going in the favor of Iraq now. Major accomplishments and huge strides are being achieved weekly.

6-8-2016   Newshound Guru wmawhite
    [... where are we with the HCL?]   IMO...the HCL is an...internal revenue issue with the GOI...and not a requirement for what the CBI will do internationally with the IQD.

6-8-2016   Intel Guru Frank26
   ...the IMF made it their business to tell the international world...which is you...because you invested...which is many countries because they have invested...in the first half of this coming 2016 we are going to take Iraq into the international world...and...that is what you are seeing everywhere...and there are loans poised to give to them...not so they could qualify for the international status...no...so they could qualify for a credit rating that allows them to enter into the international world...

6-8-2016   Intel/Newshound Guru Poppy3
   EVERYTHING THEY HAVE DONE SINCE JANUARY HAS BEEN DIRECTED TO MANAGING THE COMPLETION OF FINANCIAL REFORM.  ABADI HAS CONTINUALLY PERFORMED AND DONE JUST WHAT HE HAS SAID.  HE HAS REMOVED ROAD BLOCKS AND BUILT WHAT I THOUGHT I WOULD NEVER SEE AND THATS A TEAM OF DIFFERENT TRIBAL GROUPS PULLING TO BUILD IRAQ BACK TO HER GLORY...ONE STEP AT A TIME AND IT WILL AGAIN BE REFERRED TO AS THE FINANCIAL MECCA OF THE WORLD. YES I AM VERY ENCOURAGED AND IN GREAT ANTICIPATION OF SEEING THE NEW RATE PLACED ON THE DINAR BEFORE THE END OF THIS MONTH AS HE PUSHES FORWARD TO MEET THE IMF, WORLD BANK DEADLINE TO ENTER A GLOBAL MARKET ECONOMY.

6-8-2016   Newshound Guru tlm724
   Article quotes:  "Iraq has become the world's fastest-growing oil producer with output up 50 percent since it signed contracts worth tens of billions of dollars with the likes of Lukoil, BP, Exxon Mobil and Royal Dutch Shell at the end of the last decade to help develop its huge oilfields."  "We know about the IMF talks and we know that the IMF makes it conditional for Iraq to pay back the contractors," Alekperov said. "We hope they pay back all debts by November so we can start a new investment cycle before the end of the year."   so we can start a new investment cycle before the end of the year, sweet!  we aren't the only ones with renewed hope from the IMF taking control, a huge oil company (Lukoil) also has hope as do MANY other investors!

6-8-2016   Newshound Guru rcookie
   Article:  "Parliamentary Economy: Conditions for international loans will improve the Iraqi economy"  Quote:   "borrowing Iraq from the IMF and World Bank , he will be subject to international standards and requirements...and that is important to raise the Iraqi economy in the event of the application of these requirements to the public and the private economy and be the level of the global economy."  FINALLY SOME ACKNOWLEDGEMENT OF THE WB/IMF STRATEGY AS A FISCAL DISCIPLINE MODEL FOR IRAQ...

6-8-2016   Intel Guru Bruce
   SO FAR IT APPEARS WE ARE IN A VERY GOOD CLOSE PLACE, HEARD GOOD POSITIVE THINGS LAST FEW DAYS TO LED US BELIEVE AS FAR AS IRAQ POINT OF VIEW IT IS COMPLETE...ISX IS UP AND RUNNING...OUR BANKS ARE READY, LAST MINUTE ADJUSTMENTS WITH TIER ONE BANKS, THAT TOOK PLACE LAST WEEK OR SO.  AS FAR AS WE KNOW EVERYTHING READY TO GO AS FAR AS REDEMPTION CENTERS, SECURITY... READY TO GO.   WE ARE MOVING FORWARD IN THE TIME FRAME.   THERE IS A HUGE POT OF GOLD AT END OF THIS RAINBOW.

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