Iraqi Dinar Guru opinions 5-31-18
Iraqi Dinar Guru opinions 5-31-18
5-31-2018 Newshound/Intel Guru Mnt Goat There is a rumor that the cleric Sadr announced the RV, Thursday, May 24, 2018. Sadr does not control the CBI or financial policy nor is he even in politics. His party called the “Sadr Movement” simply now own the majority of seats in parliament. This is where it now stands until the election results are ratified and “official” by the judiciary. He does not even want to be prime minister. He has little say in the current government. So how in hell can he announce the RV?
5-31-2018 Newshound/Intel Guru Mnt Goat I will say the two main issues that Sadr wants are: 1.the clean-up of corruption and the end to double standards. He wants all politicians, at any level of govt to suffer the same consequences, if they committed a crime. 2. the second biggie for Sadr is the distribution of excess oil money (above that needed to fill the budget) to the citizens. He has supported this option all along. The constitution mandates it too. But remember this is surplus or excess oil revenue ONLY beyond what the govt needs to support its budget.
5-31-22018 Intel Guru Delta EXCHANGE RATE… IRAQI MARKET BUY & SELL:
27-May 1196 ……1193
28-May 1197 ……1193
29-May 1197…… 1195
30-May 1197…… 1193
[Delta in your opinion how long can Iraq continue the auction with only making pennies to zero cents of the sale of the dollar?] NOT FOR LONG …I PROMISE U…ALAQ KNOWS THAT TOO…
5-30-2018 Newshound Guru Kaperoni If you didn’t hear the IHEC [Independent High Electoral Commission] agreed with parliaments decision and cancelled about 1000 voting locations including abroad. Gov News. The UNSC met today to get an update on Iraq. Consensus seemed to support Iraq’s democracy and formation of a new government. Despite the desire we all have to see the dinar appreciate, nothing is going to happen until the new government is formed. As well, or countdown still shows at least another 15 Days until the CBI meets the 2% requirement.
5-30-2018 Intel Guru Frank26 [via sunny] The CBI sent the Gazette an announcement on May 14th. In the May 21st issue The Gazette published a notice the CBI would be making an announcement. Speculation that the “announcement” could be about the re-instatement of the Iraq currency or Article 8 meaning they are International. Lifting restrictions on the currency and providing modern banking products is done by law in Iraq. Yesterday there was an article out that said “immediately” which was interpreted to mean the introduction of the small notes as the environment is now “suitable.” Article in the newspaper that the Iraqi Dinar is equal to the USD. Dollars disappearing from the streets. The rate has to come first before showing the lower denominations. The banks are showing descriptions of the lower notes. ATM’s have new software and the billboards have been ready for some time. They describe the LD’s but do not show the coins/fils.
5-30-2018 Newshound/Intel Guru Mnt Goat Article: “STABILITY OF THE EXCHANGE RATE AND THE RECOVERY OF THE IRAQI DINAR” Quote: “REQUIRES DIRECT BANKS TO IMMEDIATELY LEAVE THE TOTAL DEPENDENCE ON THE WINDOW SELLING FOREIGN CURRENCY IN ITS FINANCIAL ACTIVITY.” the only way they can leave the dependence on the currency auction window is to use the dinar directly to buy foreign goods and services. The only way they can do this is to switch to using the dinar for global trade. When they do this, it must first be on a float and on FOREX.
5-30-2018 Newshound/Intel Guru BGG Article: “Abadi’s list hints at the opposition” I think it early to worry or be concerned about who will lead Iraq. This is more of a threat than a reality. I think there is little chance Abadi’s list winds up as the opposition in Parliament, rather – this is a statement confirming his loyalties to the cause of the people and a warning to some of the “swing votes” who might still be jockeying with the dream there is a return to some former place in which Maliki returns Iraq to rampant corruption where he gets to do as he pleases and they get paid huge fortunes. Abadi still has the clearest path to being the next PM.
5-30-2018 Intel Guru Jester […do you see any good windows for the IQD coming up?] THERE IS A SCHEDULE.. WE DO NOT KNOW WHAT IT IS… ALL WE ARE GETTING IS THINGS ARE WELL JUST BE PATIENT… […seems to me that if enough has gone down that they are able to make a schedule instead of just checking off items as they work towards the conclusion…] WELL IT MAY BE.. I THINK THEY HAVE HAD A CHECK LIST… ODDLY ENOUGH THE THINGS WE REPORTED ON YEARS AGO ARE THE ONES THAT ARE BEING THROWN AROUND NOW… INTERESTINGLY ENOUGH THE CONTACTS HAD IT RIGHT…