Showing posts with label Currency. Show all posts
Showing posts with label Currency. Show all posts

Sunday, October 9, 2011

Iraqi Dinar Investment 10/9/2011

     There have been a few articles that have come out today from the CBI.  One of which is stating that all mechanisms are in place to execute the removal of the zero's.  Though there is speculation on this and what it actually means.  That is pertaining to a LOP or just to pull in the existing notes with 3 zero's.  I and many others who have been doing this for a long time and have studied currencies and how it works, believe that the CBI will raise the notes that are in existence.  The IMF is also there with their hot shot team to get this thing done. 
     The government has also stated that they will read the draft laws for the 2nd time.  That could possibly give Shabibi the go ahead to implement the new monetary policy, thus giving us the RV.  It is amazing how everything is playing out.  This investment is coming to an end.  Although there will be new ones that are already on the horizon.  One of which is the VND. That is Vietnam's currency.  They are on the way to having a very strong nation and currency.  It may very well be a 10 year investment, but for the price why not?  I will be doing a blog in the coming future to explain more.  Thank you for reading.

Saturday, October 8, 2011

Iraqi Dinar Investment10/8/2011

     Wow what a turn of events that has taken place over the past couple of day's.  Mr. Alaiwi has resigned.  It is official.  That means that there is no one to hinder Maliki now.  With Alaiwi out of the way Maliki will get everything he wants.  As of now it looks as if that is working out to our benefit.  Maliki is promising everything under the sun now.  He has called parliament back into session on their holly day to vote on the draft law of federal court.  Also to vote on the supreme judicial council.  Looks like Maliki is working  to get everything done and give everyone what they want.  Maliki has held a meeting with the Kurdistan representatives.  In that meeting Maliki vowed to implement all the agreement pertaining to Erbil.  That is a huge one.  We are watching things wind down nicely now. 
     The Kurdish Diplomats also released a press statement that said they have just finished negotiations and talks with all of the political blocks.  They referred to these talks as very positive and successful.  The Negotiations team will write up a report and a delegation will be sent to finalize and implement all of the agreements.  That also includes all agreements Erbil.
     IMF   
     The IMF has released a press statement that states the IMF is showing it's conviction for the financial policy of Iraq.  Basically what they are saying is that they are ready to increase the reserves and that they have the money to support an increase in the the value of the Iraqi Dinar.  It also shows that the CBI is ready to make a move in the Monetary Policy to support the private sector and lower inflation.  These are huge things being accomplished at a very fast speed.  We are in a great place to see things happening by Thanksgiving. 
     With Maliki having full run of the government now, the CBI will seize the opportunity to strike while things are moving forward positively in the government.  The government could be finalized as soon as this week.  That would give Iraq the power it needs to remove the final sanctions of Chapter 7.  That is as long as they keep their mouth's closed about Kuwait.  Don't forget, the reason that they are still in chapter 7 is because of Kuwait.  Iraq must let it go with the Kuwaiti's.  Peace and prosperity is their new horizon. They must accept that. 
     Najafi is going to London Sunday on an official visit, and will be accompanied by a foreign delegation.  Though the direct reason for the visit is still unknown at this time.  The meeting will have some type of direct impact on the investment into Iraq.  As soon as the the meetings are concluded Najafi and his delegation will go to Berne to participate in a World Conference of Parliaments.  All of the news has been very exciting and things are moving along very quickly.  Let's just hope that Iraq can stay the course and make things happen.  I hope this has helped in making things a little clearer up to this date.  I would also like to thank you for reading.



Tuesday, October 4, 2011

Dinar Investment 10/5/2011

     A lot of news has come out since my last post.  These said meetings that I have been talking about have taken place and there have been many agreements set in place.  There have been several articles that have been released that tell us that the RV is just around the corner.  So we will get right into it then.
     1: The Currency Oversight Reform Act.   
     This whole law is directed at countries that undervalue their currency.  The continued undervaluing of a currency makes it unfair to trade internationally, thus it makes inflation run out of control.  We will take China for example.  China has undervalued it's currency for many, many years.  As a result the US has not had a way to keep up in the fair markets.  So in turn China is making a lot of money off of every American sale that takes place in China.  Where as in America when something is bought that came from China, then China is still making more money than they should.  That money has to be turned into their currency and then sent to China.  America is loosing money when they convert the currencies either way it go's.  So America is stopping that by enacting this law which carries penalties and consequences for countries that under value their currency. 
     This is where Iraq fits into the equation.  Iraq has a currency that is worth 1140 to 1 US dollar.  If Iraq continues to keep their currency at that rate that it is, then they will in turn be doing the same thing that China is doing.  It will only be worse because Iraq will be dealing in oil.  Everyone in the world needs oil.  So yes this law will apply directly to Iraq, and any other country that doesn't keep their currency updated.
     2: The Successful meeting of the Political Blocks.
     The meeting between Talabani and the leaders of all of the blocks went very well.  The blocks have agreed to security issues and are implementing all of the agreements Erbil.  This is very big as long as everything holds up.  Don't forget that the UN has given Iraq until Dec. 30 2011 to get everything done.  The CBI says it does not have that long.  By then the inflation will be to high.  Also street vendors are raising their prices in expectation of a currency shift.  The new tax laws also have a lot to do rising prices. These are all great things that support economic growth and stability.  They also agreed to have the US stay and train the Iraqi military.  That means the final sanctions can be lifted because Iraq will be allowed to be a sovereign nation and still have the training and protection from Iran that it will need. 
     Now keep in mind.  I am not saying it will RV tomorrow.  I just simply post the news and what it means.  They are giving us a timeline on their own.  We are very close and things will start becoming much easier to understand as we get even closer.  There are still more meetings that have to be had, but they will get this finished.  Iraq is learning how to do this for the first time, and there is a lot of pressure coming from everywhere.  I want to thank you for reading and I hope this has helped.






Sunday, October 2, 2011

Dinar Recap 10/1/2011

     The Iraqi Dinar is strongly favored move up in a very short time.  Today we have seen the UN release a statement directing Iraq to get it's political hoopla finished.  The UN told Iraq in this release to finish the security ministries and all outstanding issues now.  We see Talibani is in Iraq now with his delegation and is holding meetings on Monday, Tuesday, and Wednesday to finish the political deadlock.  They have released that the securities will be addressed, finished and seated.  The oil and gas law will also be completed and all outstanding issues that pertain to the Erbil agreement will be finished and implemented.  So as you can see all of these things are what is holding up everything.  All of these issues have been timely issues, because of the fighting for power that has been going on in the government.  Miliki has been pushed into that preverbial corner and has no more excuses.  Talibani has stated that there has been a delegation appointed to solve all of the issues by votes instead of allowing the government to continually fledge on agreements.  So there have been alternate provisions that have been made in case these meetings fail.  I do not believe that the meetings will fail though.  It seems that the government realizes that their time has run out and are starting to move on things very quickly as to not let it go to any further.
     We also have articles that state Iraq recognizes 236 Kuwaiti corpses.  Now doing some digging there are articles from April that Kuwait sent to Iraq about Chapter 7 sanctions.  These articles stated that if Iraq would acknowledge the corpses that came from the 1990 Iraqi invasion of Kuwait, then Kuwait would give the go ahead to release the final sanctions on Iraq.  So this is incredible news.  The final sanctions lifted would liberate Iraq and all things would fall into place perfectly in order for Iraq to gain it's power and riches back.  This could very well be the month that Iraq's currency will be given it's true value.  With all of these meetings going on and the UN stepping in and ordering Iraq to finish everything, I would say that things are shaping up very nicely.  Thank you for reading and I hope this has brought about some clarity or even a little hope that Iraq will be strong again and very soon.

Saturday, September 24, 2011

Iraqi Dinar Investment

      I  have addressed the Iraqi Dinar several times.  I have been being asked what my stance on it and a few other currencies are as of right now.  Iraq has been seeing substantial growth in the past 2 month's.  So much so that it is getting hard for the big boy's to turn away.  It is almost becoming transparent as to what is going on with the government vs. the bank.  Now we are seeing the government vs. themselves again with some very serious withdrawal of confidence vote talk.  I do not believe that there will be a withdrawal of confidence from Miliki.  This is a lot of posturing for power.  The thing to be worried about is Miliki trying to gain control of the funds in the bank.  Mr. Shabibi has worked very hard to get to this point and now right at the end Miliki is throwing the wrench in the whole process.  To know what is truly going on you must look way back and know that Miliki is an Iran freak and will do anything that they want him to do.  There in lies the problem.  A different government has stepped in for the U.S. with a different vision of what this can be made into for there own benefits.  That's right the big (D"s).  That may not be so bad though.  The (Dems) are just not as aggressive with getting things done over seas.  It is just how it is.  Now Miliki has been able to really implement his Iranian influenced kinks.  So we are left with Barzani to clean up the mess.  Miliki will not budge. Of-course Miliki will promise them everything to their faces, and when they get in parliament he completely does the opposite.  This will happen until he is out of office, so lets get back to the monetary movement in Iraq.  
      The money of Iraq has to go up in value, and down in supply.  Basic needs of goods from the citizens is causing this to happen.  Forget what other countries currencies are doing.  Other economies play a different type of big role in this.  As of now just concentrate on the needs of Iraq.  They need a viable currency.  The world is calling for it so that the price of gas and other things that Iraq can supply will go down.  This will help economies in it's own right.  Furthermore the citizens are calling for it.  They want to have at least the basics.  Affordable food and water.  They want electricity.  Things are happening on a lightning fast blaze in the money market side of things in Iraq.  There are articles everyday coming out from the (CBI) that are all saying that now is the time.  What will the value be?  Isn't that the million dollar question?  All I can say is what is able to be supported.  That is by taking into account public information.  Reserves, auctions, projections, budget allocations.  When you take all of this into account you see that Iraq can support up to a 3.40 to 3.70 rate.  Will they revalue that high?  So many say yes, so many say no.  I would greatly appreciate your opinion this.  Leave a comment and answer if you think yes or no.  What rate do you think Iraq will come out with?  Will they (LOP)?
     That last one was a big one I know.  Let me tell you something now.  Shabibi will not lop.  There in no way will be a lop.  I can tell you that there are not enough large notes out there to support a lop.  There for inflation is not in the hyper flavor.  There will not be a lop.  The other countries that have invested in Iraq through the Dinar will not allow that to happen.  I personally do not know what Iraq will come out at, but I know that what ever it is, I will make a lot of money on this investment.  Even if I have to wait another 6 years for it to reach the value that I am willing to sell at.  Keep in mind this is an investment and almost all investments take time.  The progress that is taking place in Iraq at this point further supports my belief in the Iraqi Dinar and many other currencies and emerging economies that are great investments also.  We will talk about those in a few more days.
     The sanctions that where placed on Iraq are all almost completely lifted.  This is very huge as to how it ties into Iraq being a completely sovereign nation.  With those sanctions gone Iraq will be able to buy things that their military needs to defend itself.  This is exactly what Iraq has to have in order for their currency to be viable and competitive in the market.  This all promotes investment in a further emerging nation.  No one wants to invest in a country that can't defend itself.
     This is a great time for anyone looking to really get started in the Forex(Currency) Market. 
I am providing a few links that can get you started on the right foot in currency trading.  Currency trading is not as hard as everyone makes it out to be.  There are certain times of the year that I buy, and certain times of the year that I sell.  It is that simple for me.  This way I am never caught in the middle of major currency swings.  This is an investment as well.  If you know that you may have to hold something for a length of time it makes it easier to prepare for the investment.  What has happened with the Dinar is so many people are being told to hurry up and invest the dinar is going to revalue in two to three day's.  That is just not true.  It may still be another 2 months yet before we see anything happen.  However these people who know nothing about investing have been being lied to, and they keep getting told week after week that it is going to happen tomorrow.  After a month of that they are bored with it and mad.  Some people can handle investing and some can't.  It is just how it is.  Now these people will still benefit as much as I will, but will have a bad taste in their mouth for investing and what to invest in.   Investing in currency of any kind takes patience and understanding of how things work and where everyone stands in the grand scheme of things.  So to all people feeling a little inpatient about the dinar or any other investments in their life. Start spending your spare time learning to do something else.  Invest $40.00 or $50.00 in an educational training that will prepare you for the next journey in life that  you are going to make.  Only you can change your stars.  Currency is great for investing in and will provide for quite a return on your investment.  You could even get really good and make unheard of dividends.  It just takes a little training to get the edge in this field.
L.M.T Forex Formula
Forex Basics Revealed
Forex Net Worth Builder
These are some great places to start preparing for your investment future.  They will get you very acquainted with the system.    Thank you for taking the time to read this and I hope that I have helped someone with understanding what is going on.  If you have any questions please feel free to drop me a line.