Post From Dinar Updates
Highlights From DU Chat Saturday 1-2-16 Part 2 of 2
Where'sthebeef says to puffdragon(): Hi puff. have you seen confirmation that the budget has been opened and the tariffs have in fact been started? I have been looking for that, and haven't seen anything yet. thanks
puffdragon says to Where'sthebeef(): No I havnt , I think rcookies responce to that yesterday wes they told us they were so they probably have !
Baxter1243 says(): Did you see that towering inferno in Dubai...... what a fire that was....
Baxter1243 says(): that will have to be torn down..... most likely
puffdragon says to Where'sthebeef(): Nothing said to the contrary !
JETSET says(): i saw that... pretty dramatic!
Where'sthebeef says to puffdragon(): I sure hope that's that case. My only issue with them saying they would is that they have stated for years on end they were going to start the tariffs and always failed to do so. I hope history is broken this time and doesn't repeat itself. It all looks good though
maine says(): anything to do with the cement industry is another good investment
1glen says to puffdragon(): Got to go but thank everyone for your input and ideas. God Bless
Baxter1243 says(): Im sure the steel strength was compromised in that building...they said it was leaning about 7%...
puffdragon says to Where'sthebeef): Also at this time its totally different with the IMF in charge !
maine says(): like nite and day difference puff!
Where'sthebeef says to puffdragon(): Yes, that is the reason I think it looks so good. One thing is for sure, we will know today through Monday if history is finally broken with the tariffs. Will be a great thing if so!
puffdragon says to Where'sthebeef(): Its sit back and watch at this point !
Where'sthebeef says to puffdragon(): Been sitting back for 9 years, so what's a couple more days?? smile
wmawhite says): Folks,........the beginning of the taxes and tariffs are a good thing for the 2016 budget......because the budget is dependent upon those revenues. However, the 2016 budget does not mean that the value of the IQD is going to change automatically.
Eventually though, the implementation of the taxes and tariffs will cause the costs of goods to rise in Iraq and one way to off-set those increases in the cost of goods is to increase the value of the IQD outside of Iraq.
larrykn says to wmawhite(): once they enact the tariffs and taxes I don't think it will take very long to raise the rate,
subgirl says to wmawhite(2:50 PM): oh wow! I thot the budget meant an automatic rv!!! thanks for clarifying!!!
puffdragon says to wmawhite(): I cant imagine why there would be any extended wait for that to happen !
Where'sthebeef says to puffdragon(): I really can't see them starting the tariffs and not raising the value of the dinar
vision2 says(): Thank you Mr. White is there a time frame for the taxes & Tariffs ?
subgirl says to wmawhite(): So when they implement the tariffs and taxes, then the rv will come but may not be right away... is that it??
larrykn says(): they were suppose to enact them Jan 1st
larrykn says(): along with the budget
wmawhite says to vision2(): January 1, 2016
subgirl says to wmawhite(): wmawhite: Folks,........the beginning of the taxes and tariffs are a good thing for the 2016 budget......because the budget is dependent upon those revenues. However, the 2016 budget does not mean that the value of the IQD is going to change automatically. Eventually though, the implementation of the taxes and tariffs will cause the costs of goods to rise in Iraq and one way to off-set those increases in the cost of goods is to increase the value of the IQD outside of Iraq.
vision2 says(): Well we have alot to look forward to we are waiting with baited breath!!
LLN65 says(): we are IN the TIME FRAME!!! Whoopow (y)
wmawhite says to puffdragon(): Go back to what we know....................the IMF stated about 2 months ago:....." he stressed that Iraq will return to economic market during the first half of next year."
wmawhite says to puffdragon(: If the IMF is working with Iraq/CBI/GOI and they have an expect time for this to happen, then that is when it will happen............IMO.
puffdragon says to wmawhite(): Thats quite a window of time, can the people of Iraq wait that long with tax and terrif increase of goods ?
puffdragon says to wmawhite(): I know its all speculation on our part, just seems to be a little slow with comming thats all !
rcookie says(): "THEY HAVE STATED FOR YEARS BUT FAILED TO DO SO"...THATS WHAT MAKES THIS SO DIFFERENT...THE CONDITIONS AND REASONS WHY THEY HAVE FAILED TO IMPLEMENT IN PAST...
IN INK...WAS THE INABILITY TO APPLY UNIFORMLY TO ALL PROVINCES SO MARKET PARITY MAINTAINED (BASRA COLLECTING..BUT KURDS NOT) AND BORDER SECURITY WITH INSPECTION QUALITY STANDARD CONTROL TECHNOLOGIES IN PLACE AND READY TO APPLY...
MOU'S WITH BORDER NEIGHBORS FOR COORDINATION AND COOPERATION FOR BORDDR AND PORT CHECKPOINTS....ALL DONE NOW...AND ABSENT IN PAST...
AND KURDS COMPLETELY ON BOARD AS REFLECTED IN TARIFFS AS INTEGRAL...MANDATED PART OF THEIR 2016 BUDGET...AND NON OIL REVENUE STREAMS....
wmawhite says to puffdragon(): 6 months compared to over 30 years...............
puffdragon says to wmawhite(): They allready in poverty dont add to the time of those conditions !!:D
LLN65 says(): wmawhite so the June 1 is the very end for sure? IYO
puffdragon says to wmawhite(3:01 PM): Will happen on there time frame !
LLN65 says(): or in stone?
LLN65 says(): puff I guess like many have said, look for the tarrifs and taxes!!
mrsgib says to rcookie(): well said
wmawhite says to LLN65(): Again,..........the IMF stated what their expectations are.................the IMF did not gaurantee anything..........however, it appears that they are driving this boat, named Iraq, and that is where I am putting my money.
LLN65 says(): rcookie yes ty
Where'sthebeef says to puffdragon(): Hi puff. I certainly don't pretend to know "how when where and why", but I know for a fact no one else knos either. For years screen names have been givning thier opinions, time frames, of "when how when and why", and unfortunatley this investment continues to show that people although with good intentions, really have NO clue as to the "how when where and why".. lol
LLN65 says(): wmawhite well that sounds good to me too!! TY :)
wmawhite says to Where'sthebeef(): IMO,..the IMF probably has as good as an idea what the who, what, when and why are.............lol
LLN65 says(): beef well thats true, and hi :), I think the IMF being in the drivers seat adds a different twist
Where'sthebeef says(): Yes, that is the differnce this time. Again, we will see what happens in the next few days with the tariffs. looks good
Baxter1243 says(): WMAWhite.... what is your opinion on a Float of some type.. can we rule that completely out of the picture ..??
rcookie says(): JUST CONSIDER THE MAGNITUDE OF TODAYS ANNOUNCEMENT...OF THE SHIHABI BORDER CHECKPOINT WITH IRAN IN WASIT PROVINCE...
THAT WILL MORE THAN DOUBLE THE COMMERCIAL..INDUSTRIAL AND AGRICULTURAL TRADE WITH IRAN...WHILST FACILITATING AND ACCOMODATING OVER 3 MILLION IRANIAN RELIGIOUS PILGRIMS PER YEAR AND RELIEVE STRESS ON NEIGHBORING PORT CHECKPOINTS....IT IS HAPPENING...
Where'sthebeef says(): I would assume they do. I was talking about the opinions of screen names over the years. YOu know the ones, that have made countless predictions of when how where and why, and have never come into fruition.
Thier opnions change with the wind as soon as their last prediction didn't come through. NOw this time the new opinion may be a good one finally with the IMF being in charge. Let's hope that someone is finally corret with their opinions this go around. I'm ready to go the bank
Where'sthebeef says to rcookie(): yes, great stuff right there!
rcookie says(): DEFENSE MINISTER SAYS FALLUJAH LIBERATED BY END OF WEEK....
rcookie says(): ANBAR HAS 18 NEW INDUSTRIAL...SERVICE AND AGRICULTURAL PROJECTS CUED UP TO START RESTORING NORMAL LIFE IN ANBAR CITIES.....
rcookie says to kmiller68(): ABADI IS MEETING WITH ANBAR COINCIL TOMORROW...ALONG WITH RECONSTRUCTION PANEL...
DISCUSSING FINAL CLEAN UP ACTIONS ONGOING (CLEANING UP IED'S) IN PREPARATION FOR REPOPULATING AND SECURING PROVINCE....AND RESTORING SERVICES....ABADI IS THE MAN!!!!
tman23 says(): Due the economic crisis in the Kurdistan Region, the electricity sector has been significantly impacted. The Kurdistan Regional Government (KRG) has reduced the electricity recently because the Ministry of Natural Resources could not send petrol to the Ministry of Electricity. There is about eight hours of official national grid electricity and 8 hours from an indirect resource.
The KRG Ministry of Electricity declared that the production of electricity decreased due to the decreasing petrol and closed some production units of electricity in Sulaimani, Duhok and Erbil—three of the main cities in the region.........
ABADI RESTORING SERVICES IN ANBAR......LOL !! KURDISTAN CAN'T KEEP THE LIGHTS ON AND THERE INFASTRUCTURE IS INTACT......NOT TO MENTION THAT DECEMBER THE GOI INCOME WAS WELL BELOW 4 BILLION USD........
wmawhite says to tman23(): Restoring services in Anbar will give the Sunnis a reason to support Abadi instead of ISIS. At the minimum the Kurds have food to eat and a few hours of electricity. Many of those folks in anbar have nothing.