DINARESGURUS.BLOGSPOT.COM_________

Tuesday, July 5, 2016

DINAR GURUS UPDATE, 5 JULY

7-5-2016   Newshound Guru Enorrste   To just state that the money supply is increasing does not mean that the value of the dinar is falling.  We know that the increase is not a concern because inflation in Iraq has been kept in check for years.  The real reason the money supply is increasing is due to the liquidity problem.  That is not related to the value of the dinar.  As the CBI has stated many times, in their view (given their reserves) the dinar is grossly undervalued.  [post 2 of 2]

7-5-2016   Newshound Guru Enorrste
   ...since 2011 the money supply in Iraq has risen about 10%.  That is only 2% per year, which in world terms is quite conservative.  With respect to the 50k notes, again, it is simply not the case that the CBI or anyone else just "gives out" the new bills.  They are traded for other bills or are issued as replacements for worn out money.  None of this affects the money supply itself.  ...a 2% annual increase in the money supply barely keeps up with economic growth.  If the economic growth in Iraq averages, say, 4% per annum then the overall affect of a 2% growth in money supply places upward pressure on the value of the dinar, not downward.  This is the key point here.  It is all relative.   [post 1 of 2....stay tuned]

7-5-2016   Newshound/Intel Guru Bluedog   IMO...THE ECONOMIC MEETINGS IN IRAQ WITH THE CBI HAVE BEEN INTENSE IN THE LAST FEW DAYS...AND WILL THEY TELL YOU THE TRUTH? IMO, NO ...THEY WILL TAP DANCE TO THE WORLD... BE OF GOOD CHEER IMO FROM WHAT I HAVE SEEN.

7-5-2016   Newshound Guru Millionday 
  IRAQ HAS NOT SOLD THE GAS THEY PRODUCE AT ALL -- THEY HAVE A HUGE RESERVE AND HAVE NOT EXPORTED AND USED THE WEALTH FROM GAS -- SHOCKING...AND WE MEAN FOR DECADES.  SO NOW THEY ARE STATING THAT PART OF THE MARKET GOAL IS TO EXPORT GAS -- THEY ARE TO START NOW WITH MASS PRODUCTION FOR THE DIVERSITY OF THE MARKET... THIS IS ACTUALLY HUGE IN ALL AND FOR ALL COMMERCE IN IRAQ --- HUGE FOR THE COUNTRY AND HUGE FOR THE MARKET AND HUGE FOR THE GLOBE.  IMAGINE THE DEALS GOING ON FOR THIS TO TAKE PLACE...  [... how does a Country export with out a rate?]  THIS WILL REQUIRE AN EXCHANGE RATE IMO -- NO WAY AROUND IT THAT I CAN SEE...IMO...HUGE NEWS.

7-5-2016   Newshound Guru Mountainman   Ok IRAN we hear You Loud and Clear...LOL... "EXCHANGE RATES" in the Forex are a MAJOR Priority at "THIS TIME"...Really...??? What You Guys are REALLY Trying to say is...We Have A NEW VALUE and We Like Our Shia Bro IRAQ are Expecting a "NEED for SPEED" as a (Finality to Our New Reality) Hits the NEW GLOBAL PLATFORM w/The NEW IEX on SEPT 2, 2016.  So too...We are filled with "ANTICIPATION" as Well.

7-5-2016   Newshound/Intel Guru BGG   we are still here and in a very good position for WHEN Iraq re-aligns their currency with the international markets...

7-5-2016   Newshound Guru Millionday
   Article quote:  "...in order to improve the Iraqi economy for the better , and the development of trade relations and the promotion of the private sector which is one of the most important pillars development at the present time, urging the government to speed up the application of the reform..."   SO THEY ARE CALLING FOR THE ECONOMIC REFORM TO BE ACTIVATED IN A HURRY...WHOOPOW.

No comments:

Post a Comment

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