Iraqi Dinar Guru opinions 5-28-18
Iraqi Dinar Guru opinions 5-28-18
5-28-2018 Newshound Guru G-Lin There was a change in rate today on the CBI site. It went to 1190 from 1184. It has been at 1184 for a while. Even though it is higher, the change is interesting because the auction rate is also 1190. They are the same for the first time I’ve ever noticed. Also that is about the same as the street rate. Are they getting ready to delete 0’s? I have no idea but this is worth watching…
5-28-2018 Newshound/Intel Guru Mnt Goat …remember this is being held by the old parliament not the newly elected one. So if they swear in new members than Sadr movement will have majority of seats. Technically, the Rules in the Constitution say that the next session of parliament following the elections must swear in the newly elected members. They may try to claim that this is a “special session” of the prior parliament. So can they really even have a session to do what they want to do and that is nullify the elections results? Can you see how this is NOT the place to do this but this is really the responsibility with the Judiciary. Why does the judiciary not speak up?
5-28-2018 Newshound Guru Breitling People keep bringing up this lop stuff and it’s completely off base…in country revaluation – there’s no such thing. In country revaluations have never existed in the history of all man kind. That’s the most asinine thing I’ve ever heard. No one can show me an example of an in country revaluation. It just doesn’t work that way. They got this idea because Turkey back in the day…So what they did was they took the currency that they had and they pretend that they took three zeros off it and somehow that was going to make their economy more efficient. But it was a ruse. It was a big trick…there was no new imports. There was no new exports. There was no new nothing. But here’s the point you need to understand. They never took one note off the market. All those notes were left in the market. They just pretended the three zeros didn’t exist on them. Iraq is the compete opposite
5-27-2018 Newshound Guru MilitiaMan US dollar USD 1190.000 “1190 ought to floor everyone. The CBI is not going to lose money for very long… Quote: “And that this goal will remain one of the objectives of the central bank, which requires direct banks to immediately leave the total dependence on the window selling foreign currency in its financial activity.” In fact, imo …one word that is very telling. It is… “Immediately…” That is about how long the CBI will lose money…imo Well at a 1190 they will do exactly that… They are not in the business to lose money. In fact they will make nothing but money from hear on out. imo.
5-27-2018 Newshound Guru MilitiaMan Now keep in mind that the dust is settling on the political stage and note they had (imo) 15 days to get things in order and then, wala. …In other words, the final touches politically last night look to have been met and apparently reported today that are on time, and within that window of 15 days. Close enough for Government work, imo.. Then the CBI at or just before Banks closed in Iraq today we see this. 1USD/1190IQD = .00084034. Imo if you have one USD divided by 1190 that is a number. Project to delete the Zeros, then becomes 1 USD 1/.84 = 1.190476 IQD. imo That is purchase power folks, imo.. That will or should draw the remaining 3 zero notes in from the citizens, as in country the Dinar has or will have more value than the USD. Just like they are telling them in the news…
5-27-2018 Intel Guru Dr. Clarke Things have changed a bit…May 24th did bring some Big News, in that the N. Korea meeting was cancelled by Pres. Trump. We figured…The meeting may still happen SOMETIME in June. This does NOT have to happen, before there’s an RV in Iraq & Vietnam. However, there are ties to it, because of China, and also the status of Iran and the Nuclear deal, that Pres. Trump cancelled. Negotiations are happening in the “Closet”, as we speak… Given the status of “EVERYTHING” – The “Worldwide View”, we Believe, as of this writing “Today”, that Iraq will Officially & Publicly RV the Dinar, ANY DAY AFTER the Public Announcement of the next Prime Minister, as selected by the Sadr Camp – which looks to be Abadi…and should happen ANY DAY NOW.
5-27-2018 Intel Guru Dr. Clarke This will satisfy the requirements the CBI publicly set, for a “SUITABLE ENVIRONMENT”, in order to do so. How many DAYS AFTER…nobody knows. But, it shouldn’t be long. Keep in mind, that there is urgency, due to Iraq wanting that donor money, pledged from all those countries at the Kuwait Conference, which is waiting on a “Suitable Environment”, and an RV, in order for those funds to flow to Iraq. Additionally, the factions that oppose the Sadr-Abadi camp, will rebel once they announce the new PM, so an IMMEDIATE RV, will help soften the possible riots & uprisings that occur, keeping them “Happily Busy” with positive money matters. During RAMADAN (ending June 15th) is the perfect time…We have our eyes particularly focused on the weekend of JUNE 2, 3rd…with Eager Anticipation. Our Optimum Personal Exchange Window, has shifted to after the 15th, into the 3rd Week of JUNE. Figure that out…
5-27-2018 Intel Guru Dr. Clarke In regards to RATES. Nobody knows exactly what the rates will be, until the Moment, they actually make them Public. However, we fully expect, and are guessing at an Exchange Rate in the U.S., on the Iraq Dinar, to be in excess of $4.00, within a few days of the release. On the Vietnamese Dong, we fully expect, our guess is an exchange rate in the U.S., of over $2.00, within a few days of the PUBLIC increase – and we expect them BOTH to move within 24 hours, of one another. …All that matters, is the “Exchange Rate”, which is the “Out of Country” rate, for any country in the Exchange process…and fluctuates, based on the “Market” – the FOREX Market. The “Markets” drive the Rates, up & down, so it’s always anyone’s guess. What do we base these on? Our “Gut”. Net asset value of the country. Previous rate history. World Economic conditions. Competing currencies. Regional Values. “FOREX Market Value”. The “RATE Godz” have spoken..