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2 of 2]3-27-2017 Newshound/Intel Guru Mnt Goat Remember the CBI postponed the launching of the 100,000 denomination in early 2016 due to financial instability, later they told us they would delay it till later in 2016 and then told us delay indefinitely until further notice...due to the worsened economy and I instability. So now it sounds to me that they plan to introduce it. It is time. Why is this such good news to us and our investment? This is a move as part of the “project to delete the zeros”. It many seem contradictory since they are actually putting more 3 zero notes in circulation, but the 50k and 100k notes must be launched because it is one of the permanent denominations they need in the banking system prior to any significant change in value to the dinar. Since they will need these along with the 50,000 notes (already launched) for inter-banking transactions when dealing with large global transfers (once they can use the dinar globally) They told us a year ago the 150,000 notes will come much later following the 100,000 notes. Back then it sounded like the 150,000 would come out only after the rate change. Get it? Are they getting ready for a rate change? Something BIG is about to happen! WOW! [post 2 of 2]
3-27-2017 Newshound/Intel Guru Mnt Goat Article: "Parliamentary Finance is denied from Central Bank to introduce 150 thousand denomination dinars category in circulation" ...This is one of those “WOW” articles. This is exactly what we have been waiting to hear. Remember I told you to follow the actions of the CBI and that this and only this is the most plausible que to finding out when the RV is about to happen. I had my Arabic friend interpret it for me. This what he said – “this article is all about the GOI Finance Committee wanting to launch the 150,000 notes now. The CBI is telling them they are in charge of the currency and they need to launch the 100,000 notes first as planned and that they have been studying this category already”. Why did they tell the GOI this? [post 1 of 2....stay tuned]
3-27-2017 Newshound Guru loop Article: “Iraq’s economy is now on the way to recovery” Quotes: "The World Bank’s latest economic forecast expected Iraq to bounce back in 2016, growing at 7.2% in that year and continuing at around 5% in the next few years...With the security situation now improving, and the oil price on the rise – the indicators are moving in the right direction for Iraq’s economy." UK MP from Scotland telling a group of Scottish companies that now it the time to invest in Iraq to make huge profits in the future. She is saying the the greatest opportunity to profit from the investment is prior to their ascension into the WTO. So once again we see someone from outside of Iraq pointing out what we have known for a long time. IRAQ'S ECONOMIC POTENTIAL IS HUGE AND THEY ARE GETTING THEIR ACT TOGETHER TO REALIZE THAT.
3-27-2017 Newshound/Intel Guru BGG [What are your thoughts on the new cbi logo?] Lots of changes going on at the CBI. Change is GOOD.
3-27-2017 Newshound/Intel Guru Mnt Goat Article: "The Central Bank of Iraq, a new slogan that imitates its history and its financial policy, adopted solid monetary implications." Quote: "...the bank has used [in the logo] several metaphorical signs embodying Iraqi metal coins by devising the idea of the gears, the Iraqis' memory and the clear symbol of monetary policy in the country, while the similarity of the gears to development indicates a clear reference to The role of the Central Bank of Iraq expected to revitalize the circle of development projects across the country, as well as reflected by the firm position on the clear fiscal policy in Iraq '." ...okay gear symbols on coins? This confirms they are going to issue coins. These coins are part of the lower denominations we wait for. This is part of the project to delete the zeros and thus RV.
3-27-2017 Intel Guru RayRen98 Iraqi TV is reporting that military actions are no longer needed on the right sector of Western Mosul, small areas remain...Command leaders are saying the battle is finished on the military level. Leaflets are being dropped in the city informing Isis/Daesh fighters of their inevitable doom.
3-27-2017 Newshound Guru loop Article: "UK MP: “Huge potential for growth in Iraq” Quote: "Although Iraq is not yet a member of the WTO, which has its own short-term challenges, its eventual accession will enhance structural and Iraq’s reintegration into the multilateral trading system. The organisations who gain most from engaging with this emerging market will be those which have a stronger base to build from when Iraq’s WTO status is confirmed." Here is a speech from a UK MP from Scotland addressing...advantages of investing in Iraq before they become full members of the WTO.
3-27-2017 Newshound Guru Kaperoni Article: "New Iraqi Finance - Beirut April 10-11." Quote: "IRAQ FINANCE The Macroeconomic View- addressing challenges and opportunities" CBI to discuss reforms, eliminating exchange restrictions.
3-27-2017 Newshound/Intel Guru BGG Here's what happened - hind sight...Abadi and Alak were "forecasting" what the near future looked like based on what they feel like the progress will be and what "markers" the international community has laid out for them. While we are fairly convinced Mosul is some kind of primary issue - according to Abadi in this interview - he predicted a full military defeat of ISIS in weeks - NOT MONTHS. Very SOON were his exact words. Wallace said "months"? Abadi said "WEEKS"!! That - my friends... is BIG NEWS. [post 2 of 2]
3-27-2017 Newshound/Intel Guru BGG Ok - big news. Abadi did this interview with Chris Wallace on Fox News Sunday...there were a couple of real humdingers that stuck out to me...but first...go back a few months - we really though the early, early part of this year was a good window - why? Because Abadi and Alak SAID SO...we typically follow their news...long story short - we had every reason to believe we were (and still are) in the end phases of this thing. Because of their own comments. [post 1 of 2....stay tuned]
3-27-2017 Intel Guru RayRen98 It was reported today that Iraqi TV is referencing a memo from the CBI to the banking industry pertaining to an established (but not revealed) new international rate that must be adhered when released. Time Will Tell.
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3-26-2017 Newshound Guru mike 7) We know Baghdad hasn't paid the Kurd's anything in over two years. 8) We know that the majority of politicians in Iraq don't want US combat troops in the country. 9) We know there's been none to little movement on legislation related to the economy. 10) We know that Iraq's reserves have dropped from $84 billion to somewhere around $40 billion. 11) We know Iraq has roughly 63 trillion in M0 money supply. I could go on, but you get the point. Does the news give us a date for when Iraq adds value to the dinar? Nope, but that won't happen anyway. The reality of Iraq is right in front of us, all we have to do is have a basic understanding of geo-politics, finance and currency and it's pretty straight forward after that, there's tons of information out there to gauge progress. [post 2 of 2]
3-26-2017 Newshound Guru mike I learn a lot from the articles. There's tons of great information out there, you just have to winnow through the garbage and find the truth, which there's loads of. Think about it, what have we learned from the press about Iraq? 1) Iraq was invaded by ISIL because the Shia led government marginalized the minority Sunni's. 2) Iraq's HCL is hung up because Baghdad wants to centralize everything. 3) We keep track of the MCP and exchange restrictions in Iraq. 4) We can read and follow the Article IV consultations from the IMF. 5) We learned about the SFA and how are partnership with Iraq is supposed to work. 6) We know Iraq still has an incomplete government, there are no Minister of Finance, Minister of Interior or Defense Minister. [post 1 of 2....stay tuned]
3-26-2017 Newshound Guru Kaperoni Article: "The Central Bank of Iraq introduces a new logo" Engaging the banking system with the world's financial system seems like a good time to create a new logo...especially one that shows where its from (showing the outline of Iraq).
3-26-2017 Newshound Guru Loopback [formerly known as Guru loop] Article: "Central Bank introduces a new slogan mimics its history and financial policies" Quote: "And that there is a brief phrase CBI's "CENTRAL BANK OF IRAQ" in the center of the map of Iraq is a sign that the role of the central bank includes all parts of Iraq from north to south and from east to west as the backbone of the national economy." CBI has a new Logo. Seems that they want it to represent inclusiveness and being at the center of economic development. The timing seems a bit strange to me. Usually when an institution unveils a new logo (slogan) it goes hand in hand with a new strategy or direction. Let's hope that this pertains to the event that we are looking for.
3-26-2017 Newshound Guru Kaperoni Article: "Parliamentary Finance: The existence of a currency of 150 thousand dinars so far perhaps 100 thousand" Quote: "The Parliamentary Finance Committee on Saturday reiterated its rejection of a proposal to put the KD 150,000 category at the present time by the Central Bank of Iraq." Not happening. No more time for these types if schemes. Currency reform to remove the zeros over time and put the dinar more on par with the dollar is the plan.
3-26-2017 Newshound Guru loop Article: "Iraq is approaching the resolution of the external debt profile" Quote: "Jubeir revealed about his country's intention to cancel the previous debt owed by Iraq, noting that his country seeks to open a flight route from Riyadh to Baghdad and Najaf in the context of strengthening bilateral relations between the two countries." Looks like Saudi Arabia does not want to be left out of the money to be made in Iraq as is moves to a market economy and is forgiving the 15 billion dollars of debt the Iraq owes.
3-26-2017 Intel Guru Frank26 IN MY STRONG OPINION...the MR has been going on inside of Iraq for quite awhile ago. We’ve shown you many articles of how this is possible. Infancy is NOT the starting of the MR...it is in the stage that it is in right now... WALKING...taking it’s BABY STEPS...and soon...it will start WALKING VERY FAST! The speed will pick up just like we told you. BRILLIANT CALCULATED STEPS by Abadi and Trump! The East is done is Mosul...and 95% done on the West side of Mosul. Abadi said ...I will announce to the world that Mosul is liberated at the Arab Summit. Abadi is under the US control...not like a puppet ...we are a TEAM ...Abadi is a TEAM PLAYER...and when he returns back to Iraq...GAMES ON!
3-25-2017 Intel Guru ADMINBILL THE WEEKEND IS HERE AGAIN. IT WILL BE QUIET UNTIL SUNDAY WHEN MORE INFO WILL COME IN. STILL RED (Alert) JUST NOT BRIGHT ENOUGH TO TURN GREEN. MOST IN AGREEMENT THE ACTIVITY IS AN INDICATOR TO A TIDAL WAVE OF ACTIVITY DURING THE COMING WEEKS FOR YOU AS A CURRENCY HOLDER.
3-25-17 Newshound Guru mike Article: "PM Barzani: There Will Be a Referendum on Independence This Year" Quotes: "Barzani said "there will be a referendum this year. No question," noting that "the outcome doesn't mean we will immediately embark but it will show the international community what the population wants." "The Kurds continue to consolidate their gains and refuse to give up on what they have liberated since 2014." Never say never when it comes to Iraq. Baghdad has always treated their minorities like crap and now they want change. Having a US military base takes away 98% of the threat from Iran, Turkey and Iraq itself. If the Barzani's can sell this to the Trump administration, this could become a reality.
3-25-2017 Newshound/Intel Guru BGG [Would changing the rate of the Dinar have any affect on their rampant corruption issues?] Just the opposite...them dealing with their corruption issues will help the world accept a higher rate for the Dinar. I am positive this is one of the items the IMF will be discussing shortly.
3-25-2017 Newshound Guru Kaperoni Article: "Iraq on the brink of an ambitious program looming..." I am encouraged that we will see the beginnings of currency reform within the next few months. We can hope anyway.
3-25-2017 Newshound Guru loop [Would changing the rate of the Dinar have any affect on their rampant corruption issues?] IMO...They have a good handle on the corruption going on in the banking sector. While they still have work to do on this front they have systems in place to catch the crooks. So I do not see it has stopping them from a rate change at this point.
3-25-2017 Newshound/Intel Guru Mnt Goat The month of March is winding down and so where is the early, in the EARLY 2017 statement, for the continuance of the “project to the delete the zeros”? Article quote: "Secretary General of the Council of Ministers Mahdi Keywords, said on Thursday that the government is proceeding towards a free economy and activating the private sector." ...they didn’t say they WILL proceed they just told us instead they ARE proceeding forward... ...so now it sounds like the GOI is about to give the CBI the go ahead once again to proceed with the “project to delete the zeros...it’s coming. We watch and wait for the articles from the CBI then we get excited.... (...the Iraqi news media is using the term“keywords” to mean an influential person of authority speaking policy...)
3-25-2017 Intel Guru RayRen98 It is getting hot in terms of what we are looking for. There was a translation from Arabic found on the CBI website, and it reads: “to all licensed banks and money transferers and currency dealers, approve all companies for exchange rate..." ...it seems to be saying that the CBI has approved a new rate for all currency locations. One of my best translators...says that is what is says. ...this is the type of thing we want to see and hear and acknowledge...and there is a lot of excitement and expectation surrounding it, but there is still a timing factor. If the green light has been given, how fast does movement commence? It could happen today[Friday], tomorrow or Sunday. We know it’s inevitable...because the process has already begun.
3-24-2017 Newshound Guru Adam Montana This last 10 days or so has been a flurry of excitement in the news regarding all kinds of “OIL” related subjects, and that makes us very happy! Any positive movement on “black gold” is good, but we are seeing a lot of movement that is specifically good for HCL, and that is GREAT!
3-24-2017 Intel Guru Bruce I understand Abadi...plans to announce retake of Mosul, their restructuring of their banking system, their sovereignty of the country and the release of chapter 7, and also the reinstated dinar and revaluation of the Iraqi dinar. All those things suppose to be announced at this Arab Summit in Jordan... we are looking for positive news coming out of the Arab Summit. What else we know is the timing...We could go any time tonight, over night, tomorrow...a possibility all the way to Saturday. We know a lot of the RVs in the past were either on Wednesday or Saturday. I am hoping for very good news soon. [post 2 of 2]
3-24-2017 Intel Guru Bruce Let’s make sure we make it clear to everybody that we know things are happening behind the scenes...fortunately we have sources very close to the area and we sort of know what the real deal is if you know what I mean. Let’s talk about Iraq. We know Prime Minister Abadi was over here since Sunday morning. He met with President Trump, other members of Congress, and a select group of people while he was here. He met with business leaders from various corporations. He flew out yesterday to Iraq then from there to Jordan for the Arab Summit. ...what about the possibly of an announcement about Iraq? That is sort of what we all are looking for. We know the new budget was passed and suppose to have been put in the Gazette this morning. That new budget and rate did not show up in the Gazette because there still is a media blackout. [post 1 of 2....stay tuned]
3-24-2017 Newshound Guru Adam Montana 3. "This week on Fox News Sunday: Haider al-Abadi, Prime Minister of Iraq, in an exclusive interview." Get your popcorn out! Abadi on with Chris Wallace this weekend. Don’t expect a huge announcement from Abadi on the RV...this is just more proof that Iraq and the PTB are not going to stay where they are. The country is poised to make a leap, and we’re watching! Another thing I am paying close attention to in the news is Saudi Arabia... there is a LOT going on with that country right now. It’s a very complex situation, but the direction is tremendously good for us and for Iraq’s future as a very powerful and wealthy country. That might be one of the reasons why Saudi Arabia is taking these steps: "Saudi Arabia plans to cancel previous debt on Iraq" Bottom line...this is happening fast, and we’re just here for the ride. [post 2 of 2]
3-24-2017 Newshound Guru Adam Montana There’s one name in particular that I’m happy to see in the news: Abadi. Anyone who’s been in this for more than a couple years has seen the amazing progress that’s come about since Maliki got the boot and Abadi came stomping in with the big boy pants on! The GOI was revamped, decluttered, and streamlined. Parliament picked up the pace and got a lot of things done that were simply not happening under the previous administration, and now: 1. Abadi confirms he’s planning on running for a second term. I see this as a shoe-in, no-brainer, it will happen, DONE. (Yes, we are going to hear some noise from the Maliki Camp, I say...ignore it). 2. Abadi is working hard towards full IMF and basically global support, and the fruits are coming. [post 1 of 2....stay tuned]
3-24-2017 Intel Guru Frank26 Mosul has been the reason why we’ve been waiting. Could Mosul be at 100% by the time Abadi gets to the Arab Summit? I believe so. President Trump wanted all of the terrorism to be dealt with BEFORE a revaluation...that is in MY STRONG OPINION! Many things will ACTIVATE post-Mosul. This next phase of the monetary reform...that is going on right now...must go forward very smoothly. President Trump and PM Abadi...I believe...are on the same page. The CBI and the IMF are on the same page for the monetary reform. After the Arab Summit...we should see Abadi move forward with the monetary reform. The first 2 weeks in April are going to be very interesting... In my STRONG, STRONG OPINION...the monetary reform for Iraq is still in its infancy...BUT when it happens...it will happen VERY QUICKLY! Allak said that the PREPARATION ARE SET... He was ready to proceed in the beginning of 2017 (in his words)...was put off temporarily...but now we need the new rate.
3-23-2017 Intel/Newshound Guru Backdoc ...THE TWO SHIA BROTHERS (iraq and Iran) HAVE BEEN DELAYED IN THEIR NEW INTERNATIONAL PAYMENT SYSTEMS BUT THAT WILL COME TO AN END SOON. IT APPEARS THE TWO SHIA BROTHERS HAVE HAD A SIMILAR DELAY? ...BASED ON THE ADDITIONAL ARTICLES THAT I HAVE STUDIED, I BELIEVE ALL IS ON TRACK FOR BOTH SHIA BROTHERS.
3-23-2017 Intel Guru Delta Article: "Government moving towards a free economy" Quote: "Secretary General of the Council of Ministers, Mahdi Keywords, said that the government is moving towards a free economy and activating the private sector." THEY CAN'T DO IT WITHOUT ARTICLE 8 AND NEW RATE...
3-23-2017 Intel Guru Dr. Clarke Meetings, Meetings, and more Meetings? ...well, NOW it’s time for ACTION. There should be Plenty of it, now that the MOST IMPORTANT MEETINGS are about concluded...we’ll say it again, THEY talked about the currency, for sure...changing it. When? The next 10 Days, should tell us EVERYTHING!
3-23-2017 Intel Guru Frank26 I don’t think they (Abadi and Trump) talked about a DATE or a RATE. I believe the people that Abadi brought with him did. That is their job. The CBI talks rate...not Abadi. When will Abadi announce Mosul? On the 23rd and 24th --- when Abadi goes to the Arab Summit – maybe that’s when Abadi will announce Mosul. I believe that Mosul is past 95%. Could that be the trigger to announce STABILITY and SECURITY. I believe all they have to do is lift the 3 zeros. So...where is the new rate? I believe the next phase...is ready to go. Lots of the stuff is sitting at the Port of FAW...waiting for a new rate. Investors (like us)...along with the DEALS made with contractors/contracts are expecting the new rate. I don’t give you a RATE or a DATE...but remember ...they were ready to do this...but they postponed it...temporarily ...and I feel that we are at the point that we have “ENDED” the period of the postponement. [post 2 of 2]
3-23-2017 Intel Guru Franki26 As you know...Abadi came to Washington, D.C. and talked with President Trump. We told you they had their own private meetings....(thanks to the news articles) you can see the proof. The government of Iraq includes the CBI, (they are in charge of the MR with the IMF and the USA) – that’s why the GOI came, represented by PM Abadi...and his huge entourage. Some asked if I thought PM Abadi and Pres. Trump talked about the exchange rate? No, of course not...but Abadi brought people with him that had meetings. Trump and Abadi were talking about INTERNATIONALISM. They talked about the NEXT PHASE in Iraq...that is about to start. The World Bank, IMF, UST, CBI...I’m sure they were talking about the exchange rate. An article surfaced last week...talked about the “mid-term” of what Iraq is doing with their monetary policy. The report said that the IMF was “pleased with what Iraq has done.” I believe that is why Abadi was invited to see Trump. [post 1 of 2....stay tuned]
3-23-2017 Intel/Newshound Guru Backdoc Article: "Keywords announce start implementing the e-government project" VERY INTERESTING...WE GO FROM IMPLEMENTING THE DIGITAL E- DINAR ON FEBRUARY 8TH TO NOW GOING DIGITAL FOR GOVT. FUNCTIONS! YES, THE DIGITAL BLOCKCHAIN ADDS BETTER SECURITY, SPEED, AND EFFICIENCY! THIS WILL HELP PUT A HURT ON CORRUPTION!
3-23-2017 Intel Guru RayRen98 Iraqi TV reporting Alaq stating that they are moving to a free economy and activating the private sector...
3-23-2017 Intel Guru Dr. Clarke ...NOBODY KNOWS THE INTERNATIONAL “COME OUT” RATE! Does Iraq even HAVE to substantially increase their rate, if Officially International? NO, they don’t. BUT, we are almost certain they will do this SOON, because of wanting to gain the confidence of THE PEOPLE OF IRAQ... whatever substantial rate increase they First “COME OUT” with, will continue to be RAISED OVER A PERIOD OF TIME. AND, whatever it is, will be A BIG WINNER! IT WILL BE A GREAT RATE...A SUBSTANTIAL INCREASE...in ANY event, for you as an Investor. In our opinion, after the official “Come Out” Rate by the First Week of APRIL, they will assess things over the next 3 months, and by the END OF JUNE, meaning by JULY 1, 2017...Iraq will probably have another In-Country, rate increase. (End of 2nd Quarter)...and keep in mind, that this is all LEADING UP TO THE ELECTIONS IN IRAQ THIS FALL. As time progresses toward the Fall…toward the Iraq Elections…toward the start of the 3rd Quarter…which is SEPTEMBER 1...it’s going to get Really CRAZY! It’s ANYONE’S GUESS, what’s going to happen - but it won’t be boring! [post 3 of 3]
3-23-2017 Intel Guru Dr. Clarke Up till now, it’s been happening here & there, in pockets within Iraq, provinces, as far as currency manipulation, rate fluctuations, trading, exchanging and so forth. That’s why everyone is so CONFUSED about the currency in Iraq. It’s NOW TIME TO CHANGE this to a consistent Dinar Rate, for the entire country...this will stabilize Iraq’s desire to make sure the WHOLE WORLD knows, they are a Sovereign Nation, and AVAILABLE for Business. Let’s talk about TIMING & RATES. In our View...we’ve indicated by April 1, 2017. But...it may not be until later in the week, before International Exchanges... actually start taking place with the new higher rates... perhaps THROUGH April 10th. ...the inferences from PM Abadi, is that Iraq will go SLOWLY, in it’s growth stages, to restore Iraq back to economic good health...they cannot rip the economy up right out of the gate, with TOO HIGH OF A RATE INCREASE, due to rampant inflation. This will be a gradual Rate Increase over time, to ensure the stable growth of the economy of Iraq, IN STAGES, over time. [post 2 of 3....stay tuned]
3-23-2017 Intel Guru Dr. Clarke Here are the key words, right out of Abadi’s own mouth... It has to do with the “PEOPLE”. He said, that what was MOST important in Iraq, was how the PEOPLE were feeling and their CONFIDENCE IN THE LEADERSHIP of the country. Iraqi’s NOW, need to find somewhat of a Normal, Peaceful Life, as Abadi stated, AS SOON AS POSSIBLE - and this strongly includes, ECONOMICS, BUSINESS, TRADE…PROSPERITY. Because of this, we believe that Iraq will raise the value of the Dinar, on or before APRIL 1, 2017, substantially higher, IN ORDER TO SHOW THE PEOPLE THAT LEADERSHIP IS WITH THEM... The economic move of raising the Value of the Dinar Currency, will do this, more than ANYTHING - in the Eyes of the PEOPLE. [post 1 of 3....stay tuned]
3-22-2017 Newshound Guru MadDScout Article: "Abadi discusses with US Trade Secretary lifting obstacles to investment companies" Quote: "Prime Minister Haider al-Abadi, during his visit to the United States, discussed with US Commerce Secretary Wilbur Ross the promotion of trade cooperation between the two countries." This was a very good meeting from reports. I can not remember a one day event that produced so much positive for all sectors. It was like Abadi ran the table today. LOL ...was a very positive day for us investors and for Iraq as a whole. [post 2 of 2]
3-22-2017 Newshound Guru MadDScout I know Abadi had a busy day today [Tuesday]. Abadi today met with : President Trump, V.President Pence, Secretary of State Rex Tillerson, Speaker of the House Paul Ryan and members of Congress, US Trade secretary Wilbur Ross, US Chamber of Commerce, along with delegations from GE and Boeing among others. This is a very good feel of how the new US President is working in a positive way with Iraq. [post 1 of 2....stay tuned]
3-22-2017 Mapmaker Guru Thomas van Linge Mosul progress update.
3-22-2017 Newshound/Intel Guru Mnt Goat ...we wait and watch for an article telling us their next move. Remember too, HCL money is coming shortly after Mosul is cleared. When ISIS is cleared we can expect to see a full and complete HCL law get passed and move forward. So my feeling is Iraqi economy is now at a cross roads. It will never be the “perfect” set up. The IMF, the World Bank, the World Trade Organization along with a host of global consultants are working with Iraq to bring about the needed changes. Which way will they now go? There is only one way to go and why not? This is UP. Since they prepared Iraq for this economic explosion (or as Abadi has stated and I quote “economic openness”) they must now move to the next step and get fully the global/international stage. What else does “economic openness” mean if not to go international? [post 2 of 2]
3-22-2017 Newshound/Intel Guru Mnt Goat ...in mid February 2017, when EARLY 2017 seeming to be almost gone, another article came out, this time from the GOI finance committee, telling us the project was again “postponed” but this time no future date was given telling us when it would resume. They just told us “indefinitely”. ...the CBI itself has told us that the reason for the 2008, 2013 and 2015 postponements was due to SECURITY and STABILITY issues. SECURITY with fighting invaders into Iraqi’s sovereignty and STABILITY meaning political and economic. Now fast forward to the events over the last 18 months. What do you see? Do you think all these reforms and law were for nothing? We even see the IMF stepping in to help with the 3 year SBA (Stand by Agreement) with Iraq. ...it is not easy to predict when Mosul region will be “fully” liberated...so did not give us another timeframe but rather said “indefinitely” until they can see progress with the liberation of Mosul and get a handle on a new, realistic timeframe to tell us... [post 1 of 2....stay tuned]
3-22-2017 Newshound Guru FrostyTheSnowman IMO...sounds like this massive "New City" called BISMAYAH (built by Hanwha) [Housing Project] is done ... (at least the first few phases). "What? This huge company is doing all of this for a program rate?" lol Ok ... maybe they did for the 1st phase ... but ever notice how real estate developments become more pricey as the 2nd, 3rd, 4th phases are opened? IMO ... follow the money ... follow the contracts ... PAYDAY is on it's way folks! Yes! It's time to get as excited as the Iraqi citizens will be to occupy these brand-new air-conditioned homes. Go RV!
3-22-2017 Newshound Guru chattels I would note that the Spring / Nowruz Holiday as posted at the CBI website is a one day observance [March 21]. I tend to think...that the the recent hiatus in publishing the market rate preceding and now following the holiday is remarkable, but the significance or pertinence to our "event", if any, is unknown and likely unknowable in the near(er) term.
3-22-2017 Intel Guru Bruce They need to essentially publish their new budget with that rate...that is...in the budget in the Gazette. Why? We thought they did the 2017 budget. They did. They needed to modify the budget with the new accurate rate the dinar will come out with in the country of Iraq. ...evidence is looking good for Iraq because of what they had to do in terms of Prime Minister Abadi’s travels here in this country meeting with everybody. What we are looking for is for Iraq to publish this budget and essentially announce it in the Gazette... The dinar will come back well over $3 or $4 which will be the true value of what their currency is. My understanding is we are as close as we ever been. [post 2 of 2]
3-22-2017 Intel Guru Bruce A lot has been going on behind the scenes. Iraq...is still a factor. Still something we need to pay attention to. For example, Prime Minister Abadi coming to the US...He did meet with President Trump...He has met with other people in Washington yesterday. He did bring the document from the IMF that was more or less releasing Iraq from certain obligations with our government from the past. Going back to Iraq itself. We know basically everything has been handled and Mosul has been taken back. We know they got their sovereignty. We do need the UN to do one final release of Iraq of chapter 7. One thing needs to happen is their currency needs to be reinstated internationally... So what does Iraq need to do? [post 1 of 2....stay tuned]
3-22-2017 Newshound Guru Adam Montana You're probably also seeing a lot of positive news regarding ISIS, Mosul, etc on the "tube". Or at least, you aren't seeing so many negative news stories... and you know why that is, don't you? It's very simple - the media isn't making a big deal about Iraq anymore because things are going REALLY GOOD, and those aren't the stories that sell ads! ...there is a LOT of progress happening right now with oil, agreements, and security. These are exactly what we want to see! We are getting to a point in this Iraqi Dinar situation that has me excited again, finally, and it's been a long time since I felt this upbeat about the Dinar. We've been going in the "right way" for a long time, but now we are on a STRONG path to victory!
3-22-2017 Newshound Guru Kaperoni ...currencies cannot be randomly valued. They are valued by supply and demand. Iraq's dinar will rise in value, but based on sound fundamental economic policies controlled by the CBI. We just have to wait that out as they progress with the transition to a market economy.
3-22-2017 Intel Guru Frank26 The IMF visited with Abadi...BEFORE he met with Donald Trump. IMO...the monetary reform is in a speed of light that is unseen right now. Mosul is done...IMO...and the MR is coming at a speed that is unknown to you. Exchange rate restrictions? If Mosul was an issue...Abadi would NOT be in DC right now! For him to leave right now ...they have STABILITY / SECURITY in Iraq right now! Let’s see what comes out of these meetings. There are articles are out that there are NEW NEGOTIATIONS that are out between Iraq and the IMF, and the World Bank, etc. If they already have negotiations...why meet in April? IMO...a change in the rate should come before these meetings in April.
3-22-2017 Newshound Guru Kaperoni Article quote: "in addition to the reform of the banking sector to support growth led by the private sector before starting the process of reconstruction in post - Daesh." This seems to imply the banking sector reform is just around the corner...
3-22-2017 Newshound Guru Aggiedad77 Article: "Iraq looking to raise obstacles to the entry of US companies to invest" IMO when Abadi talks here about "raising obstacles" he's referring to a lessening of red tape for American companies and also a HUGE reduction in corruption issues that have kept many companies away in the past...He's smiling because he knows who will pave the way for the success of his government as well as his country...and it will not be Iran...He's got a new buddy in President Donald Trump and his administration...IMO look for Trump to be paying Iraq a visit this year...Frank [Guru Frank26] said that issues with investors has to do with Iraq's restrictions on capital movement...as well as UN sanctions not being lifted, thus causing countries and investors to not want to go against the UN...Abadi has some definite changes he needs to make...that he can make...lift those restrictions...raise the value of your currency...get rid of the UN restrictions...IMO.
3-21-2017 Intel Guru Dr. Clarke Abadi & Company came to the U.S. for Face-to-Face Meetings, When? 10 Days before the end of the 1st Quarter. There is a reason. AND by the way, we disagree with EVERYONE, and say that Pres. Trump and PM Abadi DID, and ARE talking to one another about the Dinar Currency, it’s value, it’s change in rates, and it’s economic impact on Iraq, the REGION, and the World. Pres. Trump is a Currency man. He understands Money. He understands Change, and he understands what FUELS GROWTH & POSITIVE MOVEMENT. This, along with strong military backing, has resulted in the Liberation of Iraq, and soon to be announced, Confirmation of that Publicly. You BET, Abadi & Trump are talking about CURRENCY VALUES! BIG TIME! What’s UP AHEAD, is Very Very Exciting, and is EVERYTHING! ...we think Iraq will PUBLICLY announce, print, show, enact, use, implement (however you want to word it) a Substantially higher Dinar Rate, by APRIL 1, 2017. [post 2 of 2]
3-21-2017 Intel Guru Dr. Clarke It’s Happening. It’s March 21, 2017. Everything we talked about in our last post on March 3, 2017, 3 weeks ago, HAS COME TO PASS... Now we’re entering the “FUN ZONE”. The last 10 days of this month, this 1st Quarter, as we head to April 1, 2017. We still Believe, in our Views, in our Opinions, in our Speculations, in our Predictions, in our Guesses, and in our Forecasts of our last post, on 3-3-17, that all will come about, as indicated. [Reference Dr. Clarke post 3-3-2017] Hopefully, you got to Listen & Watch...PM Abadi, speak & answer questions with the Institute of Peace, in the U.S., yesterday. ...as PM Abadi very clearly stated yesterday, this Safety & Security issue with Daesh (ISIS), is NOW, a REGIONAL CONCERN. He talked about their neighbors, and the concerns they have about keeping Terrorism to a minimum, but need the cooperation and commitment of other Middle Eastern countries... This is SLOWLY HAPPENING...as Abadi indicated, Iraq is now at the point, where the Daesh threat has minimized ENOUGH, that somewhat of a peaceful, normal way of life, is being restored for ALL the people of Iraq (33 Million), and this means that they’re NOW...Publicly saying it. This is the difference. [post 1 of 2....stay tuned]
3-21-2017 Intel Guru Frank26 The UN cannot pull the trigger on the RV...but they hold the key to remove the sanctions...the “international handcuffs” on Iraq. The UN is the guardians of the sanctions. What is the sanction? Chapter VII. About 5% of that requirement is all that is left...basically “lifting the value” of their currency. NOTE: the CBI met with the UN BEFORE Abadi met with Trump! FoxNews said this afternoon...that Iraq’s prosperity will move forward based on Trump and Abadi’s decisions made together. How do you get PROSPERITY at a PROGRAM RATE?
3-21-2017 Intel Guru Frank26 Abadi is not talking to Donald Trump...nor Trump to Abadi about an RV. That‘s OLD NEWS! Deep in my heart... today’s meetings...between Abadi and Trump...and the World Bank and the IMF showed up...These were the final stages for the MR. There will be more meetings. I don’t think these meeting going on right now...have anything to do with military. I believe these are all on the levels of INTERNATIONALISM. There’s no need to loan Iraq any more money...because they are about to raise the value of their currency. They are at the FINALIZATION of the MOSUL...and the MARSHALL PLAN. Abadi brings his huge delegation with him...meeting with everyone to the final elements of the Marshall Plan. The Marshall Plan has strings attached...“RAISE THE VALUE OF YOUR DAMN CURRENCY!” This was supposed to happen when? POST – DAESH! [post 2 of 2]
3-21-2017 Intel Guru Frank26 Abadi went to DC with a huge delegation... [Abadi met with Trump today [Monday], and I think he will again tomorrow [Tuesday] with 68 other nations...] The meeting with Donald Trump created more meetings, not on the schedule. IMO...a lot of meetings...and Abadi met with the IMF earlier today [Monday]. [Where do we go after Mosul? What are you thinking?] I believe ...IMO... once we have Mosul is given to us as LIBERATED...the speed of the MR will travel at the speed of light. When we see the effect of these meetings...when we finally are told what happened today...we will see the reforms EXPLODE...IMO. [post 1 of 2....stay tuned]
3-21-2017 Intel/Newshound Guru Backdoc ...WE HAVE HIGH EXPECTATIONS THAT THE BUDGET WILL BE OPENED SOON TO PAY BILLS ALREADY AUTHORIZED BY THE IMF! THE CONTRACTORS' DUES SEEM TO BE ICING ON THE CAKE. WILL THE ANNOUNCEMENT TO THE END OF DASH BE A GAME CHANGER AS FRANK [GURU FRANK26] HAS SAID? MMMM LIKELY! IMO.
3-21-2017 Newshound Guru Kaperoni [...wondering if Trump can push for currency reform.] Currency reform is a consequence of economic and banking reform. ...the IMF has made it very clear the dinar will be floated and will rise as a result of the growth of the economy. There is no confusion, it is stated clearly...the Balassa-Samuelson effect. ”Balassa–Samuelson implies that countries with rapidly expanding economies should tend to have more rapidly appreciating exchange rates.” In other words Iraq's dinar is directly related to the growth of the private sector/market economy.