Iraqi Dinar Guru opinions 5-25-18
Iraqi Dinar Guru opinions 5-25-18
5-25-2018 Newshound Guru G-Lin […the news is all over the place! Election results finalized, Abadi offered the PM position, government forming quickly, rigged election reports, efforts to cancel the elections, war…] Yes…What it boils down to is whoever develops the largest bloc will decide the ruling party and gov. Looks like Sadr, Abadi, Hakim, and hopefully the Kurds can out number Maliki and Amiri. I think Barzani is considering going with Maliki. That amazes me. We need to sit back and watch the outcome. I have no idea which way the Sunnis will come down. Allawi will always create problems. This may take a while.
5-25-2018 Newshound Guru Breitling Part 1 Going To The Bank : Many moons ago, me and a group of guys got together and bought a Porsche engine…I went to Bank of America and was like I need to pull out $26K so I can go buy this engine. They were like we can only give you 5K today. I had to go to 4 other banks to end up pulling out $26K. I could have ordered that from my bank but it would have taken a couple of days. We simply didn’t have that time…The reason I’m saying that is because the process of when we go to exchange our currency for the Iraqi Dinar (and that’s the correct term.) You’re not going to go to the bank and put a bunch of paper money on the table and they are going to give you a bunch of dollars back.
5-25-2018 Newshound Guru Breitling …What’s going to happen officially is you’re going to take your Iraqi Dinar to the bank, they are going to certify it with a federal certified number then that money is going to go to the treasury department and it’s going to be verified and when it is verified that value is going to be put into an account. No one is going to send you millions of dollars in cash. That’s not how it works. Now that you have that money digitally in your account if you need to pull money out, you go through the same process everyone else does with a bank. Let’s say you need a lot, then you’re going to have to order it. Let’s say you need a 100K or whatever you’re going to have to order it. They’re not going to hand you 100K at the bank that day. You have to understand that. That’s how the process is going to work.
5-25-2018 Intel Guru Bruce There is a slight bit of confusion in my mind about where Iraq is right now… I did understand that the so called RV was released today by al-Sadr, and I was thinking wait a minute. I thought…al-Sadr had ceded his power over to Abadi or least that was the plan. That was the plan early in the week with the election last Saturday if I am not mistaken. We thought okay that is cool that happened. Then we heard that the announcement we were looking for from Abadi today may have been in turn made by al-Sadr today about the RV…that was what one report said coming in. So I am going to say I do not have multiple confirmations of that.
5-24-2018 Newshound/Intel Guru Mnt Goat What should we look for in the next week or coming weeks? Watch for articles telling us the Judiciary ratified the elections results and they are final. The Iraqi parliament in its first session (of the NEW parliament), which is supposed to be held within 15 days after the ratification of the Federal Court on the election results. Since the first session of Parliament is scheduled to begin on June 1st, we can clearly see they are already running late in the process with only 8 days remaining until June 1st. Watch also for articles telling us that the Sadr Movement has selected a candidate as the nominee for the next prime minister. This is NOT yet official, however it is believed that Haider al-Abadi is that nominee.
5-24-2018 Newshound/Intel Guru Mnt Goat …The final stage is that then the President of the Republic (the third and last president) must be selected within 30 days of the first meeting, and then the President nominates the Prime Minister of the largest bloc, if the prime minister candidate fails to collect parliamentary support, the president will choose another candidate as recommended by the Sadr Movement. So, you can see there is much work to be done and a narrow window to get it all done. They are already late. The keys to this process are: 1. to get the Judiciary to ratify the elections results in a timely manner and 2. to get the prime minister nominee announced in a timely manner. Everything else after that seems to flow quicker. We are still waiting for both to occur.
5-24-2018 Newshound/Intel Guru Mnt Goat We should all know by now that the Sadr Movement received the majority of the popular votes and thus the majority of seats in parliament. So, the “Sadr Movement” is now allowed to nominate the next prime minister for Iraq (just one of the 3 presidents). We are now in this stage of the process. We are witnessing Al-Sadr meeting with the numerous heads of the parties and coalitions… …So, once the popular vote is official and ratified by the Judiciary the 90 day clock begins ticking. According to the constitution the process can take no longer than 90 days until the government is “fully” formed. But to get the clock ticking has been the problem in the past and seems to always be the delay in getting the show moving forward. We are still waiting for the Judiciary Ratification of the election results. This is the hold up right now.