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8-31-2016 Newshound Guru Adam Montana [...your prediction for the RV, you stated at .10. I was wondering at what speed do you think it is going to float or "rise" up from that rate?] Regarding the rate, I DO still like the .10 theory! I regularly re-evaluate my original thoughts as outlined in my thesis, and as of right now they continue to hold strong. I could be wrong, of course! But to the best of my capabilities, the ten cents is still my peg.
8-31-2016 Intel/Newshound Guru Mnt Goat Recommitted work towards the finalization of the oil and gas law. Abadi and Jubouri are not going to stop until they get the draft oil and gas law ( or HCL), passed in parliament to become legal and a binding law. All the news points in a positive direction... Amazingly after almost 8 years finally we experienced the Amnesty law passed last week. Now amazingly, another miracle is about to happen. We will soon see the HCL passed. Other laws too are on the agenda and coming soon. So there is a deadline. I know the target date and so we see the progress moving at a very rapid rate now. [post 2 of 2]
8-31-2016 Intel/Newshound Guru Mnt Goat Here we are one day from September 2016 already. Iraq is moving at an exhilarated rate forward beyond my wildest dreams. Yes- they have a target timeframe for better security, better stability thus better days ahead. I can hardly believe the news. I was told by my contacts that we should now watch for the HCL. So lo and behold what do we see in the recent news? Article: "Iraqi gov’t, Kurds to start talks on oil dispute" Quote: "The Iraqi government and the Kurdish regional authorities agreed to start talks to resolve a dispute on oil revenue-sharing that is holding back the nation’s crude exports, according to a statement from the Iraqi prime minister’s office." [post 1 of 2....stay tuned]
8-31-2016 Intel Guru ADMINBILL ANOTHER DAY OF GREAT EXPECTATIONS ACROSS DINARLAND. AS USUAL WE MUST BE REALISTIC AND LOOK AT OTHER POSSIBILITIES. WITH THAT IN MIND AND WITH NO OTHER INFORMATION AT HAND SO FAR THIS MORNING, I WILL SHARE WHAT ONE OF MY CONTACTS SHARED WITH ME THIS MORNING. "Cause and affect take a little time, so don't look to cash in right away. 9/23 to 10/1 are dates to watch." [That is info from one of your contacts...but you, yourself, are you still hearing September 1st? Has the date moved out again? Are you no longer hearing the possibility of tonight?] I HAVE NOT HEARD ANYTHING SO FAR TODAY TO LEAD ME TO BELIEVE THAT TODAY IS NOT THE DAY, BUT WE WOULD BE FOOLISH NOT TO CONSIDER OTHER OPINIONS...AS LONG AS THEY ARE BACKED UP WITH ASTUTE OBSERVATIONS AND FACTS, AND NOT JUST AN OPINION WITH NO BASIS.
8-31-2016 Newshound Guru Adam Montana I'm at a loss here... I want to start typing and just "spill the beans" on everything I've got. I actually started and stopped, not once. Not twice... Not even 3 times, but a lot more. I'm hearing, from good sources that I trust, that things are moving in EXACTLY the direction that we want. But after all this time, I've learned to bridle my excitement, to keep my enthusiasm in check, and to not get overly anxious. I'm optimistic right now, but we all know we're working with a 3rd world country, so let's just stay patient for now. I'm hoping to give a different update shortly.
8-31-2016 Intel Guru Frank26 You will see IMO...Abadi giving you a liberated Mosul with a flag in the center of it...you see IMO...the beginning...disclosure...of the 2017 budget...you will see the electronic and digital steps starting...you are going to see and hear things much more clearly in the month of September...let’s see what happens between now and the 9th of September...because from the 9th to the 30th things will become solidified...much clearer in understanding...you will be able to see visually that the things they have said...they are doing them...right before your eyes...that will lead to their budget...that will lead to their Monetary Reform. [post 3 of 3]
8-31-2016 Intel Guru Frank26 The IMF also told Abadi you need to reduce your GOI ministers and he did...he went from 22 cabinet members to 12... Abadi can and will get the reforms done...the Economic and the Financial Reforms... It is all coming together IOO in order to create order within Iraq. They are going to remove the MCP of the other currencies they are using...they won’t use the USD but they will be pegged to it...they need to stop using foreign currency now that they are about to come out with a budget....and if it comes out 1 to 1...you need to understand that was the whole plan from December. 2012 might have been at 10 cents, 20 cents, 30 cents, whatever...but now the IMF since December has made it very clear it is 1 to 1...plus...every time an article comes out from the GOI or the CBI or some Financial Committee member it is always 1 to 1...I am of the school that they will come out at 1 to 1. [post 2 of 3....stay tuned]
8-31-2016 Intel Guru Frank26 ...the Monetary Reform of the Iraqi dinar is picking up pace in all areas...September, IMO...will reveal a bunch of stuff... IMO...there is about four billion 000’s notes that are out there...we want to get down to at least one billion in our note count that is out there...now I think and I feel they are being very successful in this approach... So as Abadi deals with the GOI and the budget and all of these things for the Monetary Reform...the killing of ISIS and the preparation of Mosul is coming along very well. ...once they are done with this stuff they are doing right...we are going to see the Monetary Reform speed up better...what is going on right now is actually...kind of like a performance for the international world... I also suggest to you IMO the HCL is done...but it is not implemented...but it is ready... [post 1 of 3....stay tuned]
8-31-2016 Newshound Guru Kaperoni Article: "Central urges expansion of banking activities" They are starting to roll out banking reforms, ever so slowly. You cannot have private investment or a market economy without it. We need laws but the wheels are turning.
8-31-2016 Newshound Guru rcookie [how about a reality, (real) rate based on their assets?] A COUNTRIES ASSETS ARE ONY A SMALL PORTION OF BASIS OF CURRENCY VALUATION...ASSETS ARE BARELY IN TOP 10 DETERMINANTS...WE SHOULD BE LOOKING AT INFLATION...INTEREST RATES...CURRENT ACCOUNT DEFICITS (TRADE BALANCE)... PUBLIC DEBT...TERMS OF TRADE BALANCE OF PAYMENTS...AND POLITICAL STABILITY & ECONOMIC PERFORMANCE.
8-31-2016 Intel Guru Bruce ...it is very quiet overall. We know a lot happened in Iraq that is relevant to the timing of this going. WE know Iraq has passed and enacted the two laws...judicial law...and amnesty law ...and printed in Gazette. The key cards have been out; the rates on these cards are over 5 dollars. Iraq has plans to go up on their rates from where it is now. WE understand there is a time line and we are at the end of the timeline. WE are coming down to the wire.
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8-30-2016 Newshound Guru rcookie Article: "Urgent: Cabinet vote on the 2017 budget" Quote: "Cabinet voted Tuesday 2017..itba the draft budget law." SO...CABINET HAS VOTED ON 2017 BUDGET AFTER AMENDMENTS..
8-30-2016 Intel Guru SteveI ...they will change the value on their terms and timeline, so just let it come to you, and it will.
8-30-2016 Newshound Guru rcookie Article: "Urgent: the capture of the private financial officer to "Khaled al-Obeidi" Quote: "Issued judiciary on Tuesday ordered the arrest of chief financial officer of the former defense minister." ...[THEY] ARE FALLING LIKE DOMINOES...335 CORRUPTION CASES RETURNING 335 MILLION IQD TO STATE TREASURY...IN JULY ALONE!
8-30-2016 Newshound/Intel Guru BGG [Kurdistan wants to secede and Obeidi said OK, whats up with that?] Obeidi is gone...He carries no weight - whatsoever...However, Abadi - on the other hand, may "project" he is OK with that (for now)... but I don't see it. The Kurds don't have the money or ability. They know it. They are just pushing for whatever they can get...maybe they are after some territorial concessions... threaten to leave... stay if they get some additional territories... or get some solid hold on what should have been theirs all along...one way or the other - they will stay.
8-30-2016 Intel Guru ADMINBILL THOSE THAT ARE TALKING ARE ALL SAYING THAT ON OR BEFORE SEPTEMBER 1, 2016 IS SIGNIFICANT FOR DINARLAND. WORD IS THAT IRAQ SHOULD SEE THE RELEASE OF THEIR NEW PAPER AND COIN CURRENCY TODAY. ALL IS SAID TO BE COMPLETED WITH THE INCLUSION OF A CERTAIN 2013 DECREE TO BECOME ACTIVE AUGUST 31ST. THOSE THAT I TALK TO CONTINUE TO BE VERY POSITIVE. SO ARE THEIR SOURCES.
8-30-2016 Newshound Guru Phoenix3333 Article: "Oil Minister Pledges To Increase Production And Open Investment Prospects" Oil Minister Jabbar Laibi vowed to proceed with the negotiations with the licensing rounds firms to handle contracts concluded with them loopholes that they contain, vowing to increase oil production and the opening of investment prospects for the development of the filter sector, as called for a balance between supply and demand in the oil market, he emphasized his support for the policy of OPEC and strengthened."
8-30-2016 Newshound/Intel Guru BGG [How long do you think they need before the change the value of dinar.] they are moving FAST... things look good.
8-30-2016 Intel Guru ADMINBILL I AM HOPING THE NOISE I AM HEARING ABOUT SEPTEMBER 1ST ARE MEANINGFUL. SINCE WE ARE NOT THAT FAR AWAY WE WILL NOT HAVE LONG TO WAIT TO FIND OUT. I HAVE SEVERAL CONTACTS THAT ARE VERY EXCITED STILL ABOUT THIS MONTH AND SEPTEMBER 1ST WORKS IN THEIR SCENARIO AS WELL AS AUGUST 31ST IN MY OPINION. COULD IT BE LATER? THAT'S A RHETORICAL QUESTION OF COURSE. THIS IS DINARLAND. THE ODDS OF THIS BEING COMPLETED BASED UPON PAST EXPERIENCE IS ALWAYS AGAINST US BUT ONE DAY SOON IT WILL BE.
8-30-2016 Intel/Newshound Guru tman23 The last comment from the CBI regarding the 2013 IQD series was that the new 50,000 note "COMPLETED" the 2013 series... The question now is... Does the CBI have a 2016 series ready that include the 3 zeros on the notes...or do they have lower denominations printed... The liberation of Mosul could be the event that lifts off the announcement of currency reform implementation as a security measure to ISIS and the theft of IQD etc... BUT that does not exclude the possibility that Iraq could make the announcement tomorrow or the next day... [post 2 of 2]