Iraqi Dinar Guru opinions 5-13-18
Iraqi Dinar Guru opinions 5-13-18
5-13-2018 Newshound/Intel Guru Mnt Goat I do not believe that any new Trump sanctions with Iran will block or impact the Iraqi dinar RV. I do strongly believe that, if you waiting for the Iranian Rial to RV along with the Iraqi dinar, you are going to be waiting for a VERY long time…
5-13-2018 Newshound/Intel Guru BGG Who? What? Why? Iraq’s election (2018) Folks, it is as simple as this… These election results are critical. Even with an outright win by Abadi, it may well take him some time to fully form his next GOI and move things forward. No matter what anyone says, there is still a ways to go. We need to wait and get a true reading on what the fullsome numbers look like once everything is counted…It sounds like Abadi’s faction won a significant number of seats… which is a big deal for Abadi. He will need still help to “form” the next GOI… and he may get it… FROM THE KURDS (and others).
5-13-2018 Newshound/Intel Guru BGG The real story out of these elections will be this… It wasn’t about Maliki vs. Abadi that turned out to be the real issue. It was Kurds. The Kurds may well turn out to be the “kingmakers” that some have speculated… but it may not be the “old guard” Kurds (the KDP). It looks like to me – the KDP (the same sh!T bags who were in a hinky, secret alliance with Maliki all along)… look to have gotten blown out this time around. There was a change movement in this election – but it started in Kurdistan. The big numbers seem to have been split between the two (or three) opposition parties, the Goran, the PUK and to a lesser extent the Democracy faction, led by Barham Saleh. It was a stunning day in Iraqi politics!!
5-12-2018 Newshound Guru Kaperoni …update, the countdown is at 33 more days until the CBI meets IMF compliance. Hope they can keep the auctions below 2%.
5-12-2018 Newshound/Intel Guru Mnt Goat The news now is all about the elections and the launching the National Development Plan 2018-2022. An amazing article today about the value of the dinar vs the dollar. Quote: “It should be recalled that a group of experts and specialists in financial and economic affairs have been encouraged to process the revaluation of the Iraqi dinar against the value of the dollar and other foreign currencies”. …this news is brought about from the agriculture sector mainly…as Iraq can now provide staple food for its people and has thus decreased tremendously the food imports from other countries. When this did this they decreased the demand on the US dollar in the currency auctions due to less need to convert dinar to dollars to pay importers. …See the connection?
5-12-2018 Newshound/Intel Guru Mnt Goat …they can also convert the other imported goods and services more to in-country…then these areas too will have much less need for importation and thus also positively effect the currency auctions in the lessening the demand for the US dollar. See the connection? This is also why the need to move from the govt run to the private sectors. They must make this move in their society as a whole and not just in agriculture. Even in agriculture they have not yet make a drastic move but you can see the impacts on the little they have accomplished so far. This all will drive up the VALUE of the dinar against the dollar and secure the value so they can trade it on the open currency markets.
5-12-2018 Intel Guru Jester CHINA IS WAITING ON TRUMP TO PULL THE TRIGGER… UNTIL THEY ARE READY TO DO THAT WE WILL BE HERE… ALSO THAT THEY ARE NOT GOING TO TURN THIS LOOSE FOR THE PEOPLE THAT STOLE IT THE FIRST TIME TO STEAL IT AGAIN MORE… THEY HAVE TO HAVE AN IDEA THEIR INVESTMENT IS SECURE… THEY WILL NOT LET IT HAPPEN UNTIL THEN…
5-12-2018 Newshound Guru Kaperoni Today is election day in Iraq. So far, it appears that al-Maliki and his coalition has lost in the elections.
5-12-2018 Newshound Guru chattels Polls are open on Saturday, May 12 from 7am to 6pm across Iraq and the Kurdistan Region as voters elect a new parliament, the first election after ISIS. Al-Abadi is likely to win 60 seats in the parliamentary elections. …Results within 48 hours they say… [If he wins 60 seats, will that give him a majority?] No sir. [So, he’ll need to form a coalition?] Yes sir. [How long do you folks think it will take for Abadi to form a coalition?] There is no certainty that Abadi’s coalition will be asked to form a government. The top individual list vote getter has never become PM in Iraq. It all depends upon the coalition(s) formed post election. Maliki’s State Of Law Coalition lost out in 2014. Allawi lost out in 2008, etc
5-12-2018 Newshound Guru MilitiaMan Article: “Bank of Iraq won the Excellence Award and best performance of Business Performance in 2017 from MasterCard International.“ …Mastercard, Financial Inclusion and Electronic Banking (payments). This is out today! …They are reiterating things, as in education. Guess what else…education of the Citizens and their new currency. They’ll be using Bill Boards (presentation boards)…These boards are said to be all over the country now…and will show the Citizens pictures of the notes. There will be no confusion or mistake about it. Thus, in conjunction with that exposure may come the RI or closely thereafter, iho. …All data like this above supports the process is fully underway and imo coming to an intersection.