DinarThug Posted January 30, 2015 Report Share Posted January 30, 2015 CNN. Broadcasting From The Guru Locker Room Where Mailman Just Flicked Kaperoni In The Azz With A Wet Towel ! 1-29-2015 Newshound Guru Mailman17 I SEE THEY HAVE THE BUDGET KNOCKED OFF THEIR LIST AS WELL AND THE 17% TO THE KURDS. I JUST WANT PEEPS NOT TO BE ALARMED THAT THE BUDGET IS STILL IN TRILLIONS. THE FACT THEY HAMMERED THIS OUT IN JAN IS A FIRST. THE BUDGET CAN ALWAYS BE ADJUSTED BY THE STROKE ON A KEYBOARD TO REFLECT THE RV. SO DONT WORRY ABOUT THAT. IMPLEMENTATION OF QUITE A FEW THINGS IN THAT BUDGET NOT TO MENTION, ISX INFO SAY THEY WILL HAVE TO HAVE A REALITY RATE. LOOK AT PAST NEWS AND REMEMBER WHATS ENTAILED FOR IRAQ TO SUCCEED...A STABLE, RECOGNIZED AND VALUED DINAR. AS FAR AS IMF GUIDELINES...IMO...THEY DO NOT APPLY IN THIS MATTER. EVEN UNDER ART 4 CONSULTATION BACK IN 2013, NO WHERE DID IT SAY IRAQ MUST FLOAT...PERIOD. THE IMF AND THE CBI WILL ASSIGN WHATEVER RATE THEY FEEL IS SUSTAINABLE FOR IRAQ TO SUCCEED AND A FLOAT FROM 1166 IS NOT AN OPTION. PERIOD...JMO. 1-30-2015 Newshound Guru Tlar Anyone knowledgeable about economic investments knows that half of the success of a given investment is timing. I would be surprised if they ignore the timing altogether and go back to business as usual. Just as the Abadi government’s credibility was at stake in getting this budget passed, I believe the CBI's credibility is now at stake on their program to delete the zeros. Do it or shut up about the deletion of the zero program. Their citizens have to be more tired than we are hearing, hearing and then hearing again about a future better life and bringing purchasing power to their currency. Somewhere this has got to come to fruition and the timing says that's now. Timing is everything. To drag this out another year would kill the momentum they have achieved IMO. 1-3-2014 Newshound Guru Breitling You should be looking at the note count and be jumping up and down…Dr. Shabibi kept talking about reducing the note count by 70%. Right now they have 100 Billion of reserve wealth. The debate is watching the CBI, MOF and MOP and trying to figure out the timing…that's debatable…that's pure speculation. I have so much faith in this investment…their target rate is 1.13 to 1.16 at first and then they will go to $3.00. It's got to get there first…I see it coming it at .35 to .45 and then getting it to a dollar. They can get to a dollar in a snap…they are doing that to control it. Then it will be a different ballgame to get to $3. I think this is coming down very very soon. This is my best guess. They are reducing their note count and every time a country reduces their note count the value of it's currency goes up 100% of the time. 6 Link to comment Share on other sites More sharing options...
NeedRv Posted January 30, 2015 Report Share Posted January 30, 2015 Hoping it comes out at $1:13-1:16 im out.... .35-.45...I will wait a bit to see if it starts going up.... but these are GURU statements so not really taking it too much... TIME WILL TELL... so far so good!!! 1 1 Link to comment Share on other sites More sharing options...
wildeman Posted January 30, 2015 Report Share Posted January 30, 2015 CNN. Broadcasting From The Guru Locker Room Where Mailman Just Flicked Kaperoni In The Azz With A Wet Towel ! 1-29-2015 Newshound Guru Mailman17 I SEE THEY HAVE THE BUDGET KNOCKED OFF THEIR LIST AS WELL AND THE 17% TO THE KURDS. I JUST WANT PEEPS NOT TO BE ALARMED THAT THE BUDGET IS STILL IN TRILLIONS. THE FACT THEY HAMMERED THIS OUT IN JAN IS A FIRST. THE BUDGET CAN ALWAYS BE ADJUSTED BY THE STROKE ON A KEYBOARD TO REFLECT THE RV. SO DONT WORRY ABOUT THAT. IMPLEMENTATION OF QUITE A FEW THINGS IN THAT BUDGET NOT TO MENTION, ISX INFO SAY THEY WILL HAVE TO HAVE A REALITY RATE. LOOK AT PAST NEWS AND REMEMBER WHATS ENTAILED FOR IRAQ TO SUCCEED...A STABLE, RECOGNIZED AND VALUED DINAR. AS FAR AS IMF GUIDELINES...IMO...THEY DO NOT APPLY IN THIS MATTER. EVEN UNDER ART 4 CONSULTATION BACK IN 2013, NO WHERE DID IT SAY IRAQ MUST FLOAT...PERIOD. THE IMF AND THE CBI WILL ASSIGN WHATEVER RATE THEY FEEL IS SUSTAINABLE FOR IRAQ TO SUCCEED AND A FLOAT FROM 1166 IS NOT AN OPTION. PERIOD...JMO. 1-30-2015 Newshound Guru Tlar Anyone knowledgeable about economic investments knows that half of the success of a given investment is timing. I would be surprised if they ignore the timing altogether and go back to business as usual. Just as the Abadi government’s credibility was at stake in getting this budget passed, I believe the CBI's credibility is now at stake on their program to delete the zeros. Do it or shut up about the deletion of the zero program. Their citizens have to be more tired than we are hearing, hearing and then hearing again about a future better life and bringing purchasing power to their currency. Somewhere this has got to come to fruition and the timing says that's now. Timing is everything. To drag this out another year would kill the momentum they have achieved IMO. 1-3-2014 Newshound Guru Breitling You should be looking at the note count and be jumping up and down…Dr. Shabibi kept talking about reducing the note count by 70%. Right now they have 100 Billion of reserve wealth. The debate is watching the CBI, MOF and MOP and trying to figure out the timing…that's debatable…that's pure speculation. I have so much faith in this investment…their target rate is 1.13 to 1.16 at first and then they will go to $3.00. It's got to get there first…I see it coming it at .35 to .45 and then getting it to a dollar. They can get to a dollar in a snap…they are doing that to control it. Then it will be a different ballgame to get to $3. I think this is coming down very very soon. This is my best guess. They are reducing their note count and every time a country reduces their note count the value of it's currency goes up 100% of the time. Thanks Thug, out of the 3 I hope Breitling is right. I be waiting for Adam's text. 5 Link to comment Share on other sites More sharing options...
HowieC Posted January 30, 2015 Report Share Posted January 30, 2015 I'm guessing the date on Breitling's opinion is a typo? That's it....... Sounds great to me! 3 Link to comment Share on other sites More sharing options...
Texstorm Posted January 30, 2015 Report Share Posted January 30, 2015 That the problem with the guru's, they get all their news from DV except what they make up and put their own spin on it, so naturally we are way a head of their curve. Thanks DT ! 1 Link to comment Share on other sites More sharing options...
DinarThug Posted January 31, 2015 Author Report Share Posted January 31, 2015 Uno Mas ... 1-30-2015 Newshound Guru Enorrste There is no law passed forcing the CBI to do anything. There is only the "suggestion" of making a law. In addition, the Parliament does not have the authority to force the CBI in this matter. It simply can't tell the CBI what to do. The CBI only has so many tools to adequately defend the value of the dinar, and open market operations (the auction) is one of the most important of them, especially at this stage of development in Iraq. Selling or buying bonds is in its infancy in Iraq. Due to their low inflation rate changing interest rates is also not a viable option. This leaves the CBI with what it is doing now, namely the auctions, to maintain the value of the dinar. Furthermore...the CBI went on record last week that it is actually their intent to INCREASE the open market operations, rather than to limit them. 1 Link to comment Share on other sites More sharing options...
Markinsa Posted January 31, 2015 Report Share Posted January 31, 2015 Uno Mas ... 1-30-2015 Newshound Guru Enorrste Furthermore...the CBI went on record last week that it is actually their intent to INCREASE the open market operations, rather than to limit them. Urgent .. Parliament vote on the central bank to prevent the sale of more than $ 75 million a day in the auction ( 01.29.2015 20:59 ) Read more: http://dinarvets.com/forums/index.php?/topic/195725-news-of-budget-ongoing-join-us-in-chat/#ixzz3QMey9qmm 1 Link to comment Share on other sites More sharing options...
drj Posted January 31, 2015 Report Share Posted January 31, 2015 I was never a Breitling fan because I have mixed it up with him in the past but this time around, I hope he's right! 1 Link to comment Share on other sites More sharing options...
ReinMan Posted January 31, 2015 Report Share Posted January 31, 2015 JUST SHOW ME. 2 1 Link to comment Share on other sites More sharing options...
RodandStaff Posted February 3, 2015 Report Share Posted February 3, 2015 (edited) Sandfly Thug...can't wait for one of these guys to get it right so we cam get off this train ride...but the most likely scenario is it will take them by surprise as well!!! ;o) Edited February 3, 2015 by RodandStaff 1 Link to comment Share on other sites More sharing options...
wbuse984 Posted February 3, 2015 Report Share Posted February 3, 2015 Thanks Thug 2 Link to comment Share on other sites More sharing options...
brbrlocke Posted February 3, 2015 Report Share Posted February 3, 2015 Thanks Thuggie. 2 Link to comment Share on other sites More sharing options...
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