News, Intel, Rumors and Opinions - October 3, 2014
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
http://www.dinarchronicles.com/intel
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BGG:
[how long can they go without approving the budget before they get into total financial turmoil?]
Not much longer - it is a serious situation.
[DO U HAVE ANY KINDA TIMELINE FOR THE BUDGET?]
I don't - but reportedly - it will not be long...for me though, the budget is not the key - solving this conflict between the hags in power and the Parliament is.
[What is the current status of the appointment of the Defense and Interior ministers? And does that have any substantial effect on currency reform?]
Very close - yes, balance of power is an issue for the IMF - etc.
[Awhile back [Guru] Tlar had posted that the Security Minister would have to be placed for an rv? Your thoughts and have they placed Security Minister yet?]
They have not. Soon though...but I do not agree with that as a "have to".
[If the Dinar rv by itself alone , when will others follow?]
This is all about the IQD - nothing else. If there are others IMHO they will be later - maybe much later. This GCR business is about ratings - not the truth.
[do you feel the initial RV rate will stay fixed, move up or down over the first 30 days or no idea?]
It will be stable - IMHO - if it comes low - they will adjust over the next 3 mos - 1 year.
[do you know if there will be a time limit on when we have to exchange our Dinar?]
I doubt it. It is a currency - not a coupon.
[...how long do you think it could possibly drag on? i've seen some people predicting as far as 2017?]
No way - this needs to happen fairly soon.
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SteveI:
[HCL all good and just awaiting a vote?]
The HCL has been approved (agreed by all blocs) but will not become official until the budget of 2014 is passed as the HCL is part of the budget. You can not enforce one without the other.
[140 all good awaiting a vote?]
The Article 140 has been approved. I has to do with the power sharing and the new GOI has accomplished that.
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tman23:
Maliki is still occupying the Palace ...Jaffari with an envoy visited the Palace and had a discussion with maliki to vacate...The envoy left the Palace unsuccessful...Maliki remains. It is said that maliki has created a state with in the state and as long as he remains in the Palace many Iraqi's view him as the man of power.
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Stryker:
It looks like that next week holds many answers for Iraq but all may not be resolved even then. The big question still remains, will the political situation be right for the CBI to pull the trigger on currency reform?
In my opinion the Prime Minister must seat all the ministers, this will show the Sunnis that he is true to his word. The new parliament must enact and implement all necessary laws and the budget needs passed before reform can be performed.
The CBI has readied itself with all the measures in place but a full unity of power sharing must also be completed. Progress continues to be made in all these areas according to the news and comments by all the major players.
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Poppy3:
WELL THEY HAVE DAILY RESCHEDULED THE VOTES ON THE BUDGET AND MINISTERS. SEEMS EVERY DAY AND NOW INTO THE HOLIDAYS AND RELIGIOUS TIME IT IS VERY ENCOURAGING THAT THEY ARE STILL IN MEETINGS TRYING TO FIND A AGREEMENT TO COMPLETE THEIR GOI AND BUDGET.
THERE ARE MANY RUMORS AND DIFFERENT PEOPLES IDEAS OF WHAT THE REAL HOLD UP COULD BE BUT I EXPECT AT SOME POINT THERE WILL BE A BREAKTHROUGH AND WHEN THAT HAPPENS EVERYTHING WILL HAPPEN VERY FAST.
INTERESTING THE CBI MANAGEMENT IS NOW INVOLVED.
ANY DAY NOW CAN BE OUR DAY.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
http://www.dinarchronicles.com/intel
---
BGG:
[how long can they go without approving the budget before they get into total financial turmoil?]
Not much longer - it is a serious situation.
[DO U HAVE ANY KINDA TIMELINE FOR THE BUDGET?]
I don't - but reportedly - it will not be long...for me though, the budget is not the key - solving this conflict between the hags in power and the Parliament is.
[What is the current status of the appointment of the Defense and Interior ministers? And does that have any substantial effect on currency reform?]
Very close - yes, balance of power is an issue for the IMF - etc.
[Awhile back [Guru] Tlar had posted that the Security Minister would have to be placed for an rv? Your thoughts and have they placed Security Minister yet?]
They have not. Soon though...but I do not agree with that as a "have to".
[If the Dinar rv by itself alone , when will others follow?]
This is all about the IQD - nothing else. If there are others IMHO they will be later - maybe much later. This GCR business is about ratings - not the truth.
[do you feel the initial RV rate will stay fixed, move up or down over the first 30 days or no idea?]
It will be stable - IMHO - if it comes low - they will adjust over the next 3 mos - 1 year.
[do you know if there will be a time limit on when we have to exchange our Dinar?]
I doubt it. It is a currency - not a coupon.
[...how long do you think it could possibly drag on? i've seen some people predicting as far as 2017?]
No way - this needs to happen fairly soon.
»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»
SteveI:
[HCL all good and just awaiting a vote?]
The HCL has been approved (agreed by all blocs) but will not become official until the budget of 2014 is passed as the HCL is part of the budget. You can not enforce one without the other.
[140 all good awaiting a vote?]
The Article 140 has been approved. I has to do with the power sharing and the new GOI has accomplished that.
»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»
tman23:
Maliki is still occupying the Palace ...Jaffari with an envoy visited the Palace and had a discussion with maliki to vacate...The envoy left the Palace unsuccessful...Maliki remains. It is said that maliki has created a state with in the state and as long as he remains in the Palace many Iraqi's view him as the man of power.
»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»
Stryker:
It looks like that next week holds many answers for Iraq but all may not be resolved even then. The big question still remains, will the political situation be right for the CBI to pull the trigger on currency reform?
In my opinion the Prime Minister must seat all the ministers, this will show the Sunnis that he is true to his word. The new parliament must enact and implement all necessary laws and the budget needs passed before reform can be performed.
The CBI has readied itself with all the measures in place but a full unity of power sharing must also be completed. Progress continues to be made in all these areas according to the news and comments by all the major players.
»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»
Poppy3:
WELL THEY HAVE DAILY RESCHEDULED THE VOTES ON THE BUDGET AND MINISTERS. SEEMS EVERY DAY AND NOW INTO THE HOLIDAYS AND RELIGIOUS TIME IT IS VERY ENCOURAGING THAT THEY ARE STILL IN MEETINGS TRYING TO FIND A AGREEMENT TO COMPLETE THEIR GOI AND BUDGET.
THERE ARE MANY RUMORS AND DIFFERENT PEOPLES IDEAS OF WHAT THE REAL HOLD UP COULD BE BUT I EXPECT AT SOME POINT THERE WILL BE A BREAKTHROUGH AND WHEN THAT HAPPENS EVERYTHING WILL HAPPEN VERY FAST.
INTERESTING THE CBI MANAGEMENT IS NOW INVOLVED.
ANY DAY NOW CAN BE OUR DAY.
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