Iraqi Dinar Guru opinions 2-25-17
Iraqi Dinar Guru opinions 2-25-17
2-25-2017 Intel/Newshound Guru Backdoc THE END TO THE YELLOW BRICK ROAD IS NOW IN SIGHT. OUR LONG AND DIFFICULT JOURNEY IS COMING TO ITS END. RECENTLY, WE SAW IRAQ ADMIT A VERY LARGE DISCOVERY OF BLACK GOLD IN SOUTHERN IRAQ. IRAN DID THE SAME THING JUST A COUPLE OF WEEKS AGO. BY ADDING THESE NEW ASSETS TO THEIR CREDIT WITH THE IMF, THEY WILL LIKELY BE ABLE TO SUSTAIN A MUCH HIGHER CURRENCY VALUE THAN PREVIOUSLY THOUGHT. IN THE CASE OF IRAQ, I BELIEVE THE TRUMP ADMINISTRATION WOULD LIKE A HIGHER CURRENCY VALUE FOR IRAQ SO THAT THE U.S. CAN ACHIEVE A BALANCED BUDGET. VALUE IS ABOUT TO CHANGE, AND YOU MY FRIENDS, WERE ABLE TO BE A PART OF HISTORY. ISN’T IT NICE TO BE ON THE RIGHT SIDE OF THE VALUE EQUATION? WE ARE ALMOST TO THE EMERALD CITY NOW AND IT’S TIME TO SEE OZ. WE WILL PULL BACK THE CURTAIN IN MARCH.
2-24-2017 Newshound Guru Aggiedad77 Article: “Twilight News / agency Standard & Poor ‘s credit rating . The classification of Iraq was confirmed at “B- / B” with a stable outlook.” Well we can see the negative side to this…the “B-“…or we can instead focus on what we see as a positive…that their fiscal discipline has improved and it is believed will remain stable for the next few years…or at least for a few days…until God explodes a blessing all across Iraq…oh how quickly things can change…so very quickly indeed…IMO.
2-24-2017 Newshound Guru Enorrste Article: “Parliamentary Finance: Iraq’s debt rising to more than 126 trillion dinars” Quote: “The Committee suggested that the Government, if the price per barrel rose to above $ 45, to go surplus funds to the central bank to increase the cash reserve, or the repayment of foreign debt.” I found the …article…referenced just above to be interesting. It says that at $45 per barrel Iraq would be in a surplus position. According to NASDAQ the current price of oil is $54 per barrel. This means that Iraq has apparently cured their budget deficit problems, at least according to the IMF. It is also for this reason that the IMF can postulate that reserves in Iraq will rise significantly over the next 2 or 3 years to $91 billion. Having said that, I feel that the IMF in making these statements is quite confident that things are moving in the right direction for them to initiate the float this year.
2-24-2017 Newshound Guru Kaperoni Article: “Abadi Votal discuss the battle of Mosul and international support for Iraq” I don’t expect the CBI to “flip” a switch the day after liberalization of Mosul. It will take some time to stabilize the area and begin the clean up, return citizens to their homes etc. So we could be waiting a few months after before the CBI decides to begin currency reform. Especially with the spread still not close to 2%.
2-24-2017 Newshound Guru Aggiedad77 Article: “After Mosul: Certainties and Uncertainties” …the US position in Iraq post DAASH is becoming clearer by the day IMO…Keep the peace between the various political factions…build those bases and staff them to further kick some DAASH butt in nearby Syria…and don’t lose sight of that GIGANTIC pool of oil…we may not own it…but we want first dibs to it…Plus have Iraq stepping out on the world stage for the first time….being the ones who get to introduce her to the world…oh buddy…good times are coming…because….the BEST is coming…I’m looking to Sunday maybe into Monday to be quite interesting.