Currency Newshound


DINAR GURUS UPDATE, 19 SEPT

9-19-2018   Newshound Guru Adam Montana   Steady progress has been made, but until the first item is cleared up we really cannot expect anyone to stick their necks out and “get it done”. Until they know where the money is going, they aren’t going to be signing any deals! And until they have a new PM locked in, they can’t be certain where the money is going to go.  It’s as simple as that.  As far

DINAR GURUS UPDATE, 16 SEPT

9-16-2018   Newshound Guru Bloodloch   Once it begins (and it will become crystal clear what that “it” means when “it” happens), the velocity of money comes into play and, unless artificially restricted, I would not be surprised to see something quick, like a two month rise in the foreign exchange rate of the dinar to equal one dollar (the equilibrium point) assuming the change is unrestrictive

DINAR GURUS UPDATE, 13 SEPT

9-13-2018   Intel Guru ADMINBILL  As for the event we have been waiting for I do not believe we are there yet.  Still processing…the RV is still slowly grinding through.9-13-2018  Newshound Guru Currency365  Iraqi Central Bank’s march over last four years proved that it is proceeding steadily to achieve stated goals. This proves that Iraq has gone out of the monitoring & follow-up area to

DINAR GURUS UPDATE, 7 SEPT

9-7-2018   Newshound Guru Adam Montana    [Can the Monetary Reform happen before the SBA 2016 agreement with the IMF?…Will the CBI be able to act alone and start the Reform without the IMF’s Approval?]  In a perfect scenario, the IMF gives the green light, CBI implements the “approved” changes, RV.   Let’s be real, though… if the CBI wants to go ahead with it, then they will, and what

DINAR GURUS UPDATE, 4 SEPT

9-4-2018   Newshound Guru Walkingstick   [via sunny & Manaolana, 8-27-18]   The internet was worried about …Parliament, which Parliament has no part in the Executive Branch, but they will be seated, and it will complete the GOI.But it is the Cabinet, and it is Abadi, as the Prime Minister, that is more important to the reinstatement, than is the Parliament members. Abadi, and his Cabinet is

DINAR GURUS UPDATE, 2 SEPT

9-2-2018  Newshound Guru chattels  Neither of the two main coalitions have a majority at this time. Both the Sunni and Kurds appear to be trying to leverage their support for various concessions from both coalitions.  It may be weeks or months before the outcome is determined. The ultimate question /concern is whether either coalition will enable our liquidity event.  We wait, watch and wonder

DINAR GURUS UPDATE, 27 AUGUST

8-27-2018   Newshound/Intel Guru Mnt Goat   I have just talked to the CBI and I can assure you the reinstatement and RV is not happening next week. They still have to complete a massive re-education campaign for the citizens and this has not yet begun. In fact, they could not even give me a target date yet for it. …We must first wait for this ongoing election sage to settle down.8-27-2018  

DINAR GURUS UPDATE, 26 AUGUST

8-26-2018   Newshound Guru Currency365   “The Iraqi Islamic Party announced Saturday its support for the nomination of Haider al-Abadi for a second term at the head of the next government.”  …looks like @HaiderAlAbadi got an endorsement…8-26-2018   Newshound/Intel Guru BGG   Article:  “After Abadi, Maliki and Fayyad, Maasoum met with Amiri on the largest bloc”    The only thing you can be

DINAR GURUS UPDATE, 25 AUGUST

8-25-2018   Newshound Guru Kaperoni    The truth is the CBI will float the currency and allow it to appreciate gradually as investment comes into the country.  [When please?]  I expected [expect it?] yet this year.8-25-2018   Newshound/Intel Guru MntGoat    Article quote:  “The Iranian strategy is to inject a large, counterfeit Iraqi currency into Iraqi markets and push for increased demand for

DINAR GURUS UPDATE, 24 AUGUST

8-24-2018   Newshound/Intel Guru Mnt Goat   As we wait for a decision by the CBI on the reinstatement of the dinar, we are witnessing more and more pressure from Iran to conduct business with Iraq in spite of the sanctions. They are now even attempting to drive down the rate of the dinar by smuggling counterfeit US dollars over the border, thus weakening the dinar. This is economic war…