Iraqi Dinar Guru opinions 9-22-18
Iraqi Dinar Guru opinions 9-22-18
9-22-2018 Newshound Guru Bloodloch Regardless of what government is formed and who fills the particular leadership roles, so long as it is stable, the CBI should be good to proceed forward. On another front, a recent post attributed to [Guru] “Walkingstick” reads: “The lower denomination/s and or coin/s will be not put into circulation, arbitrarily… Prior, to the release …of any, bank note/s and or coin/s into circulation… Iraqis/ we will, read of … it will be in print … The when, why, exchange -rate, description/s, photos of…etc:” This makes perfect sense — that they will lay their cards on the table openly just prior to releasing the new lower denominations — in order for the project to remove the zeros to proceed forward. Without those explanations and examples, it could easily be very confusing to the citizens of Iraq. With the explanations and examples, it will be quite easily understood. In any case and barring unforeseen circumstances, various public statements from the CBI lead me to believe we’ll all have our answers to our years-long questions before the Autumn is out…Trying very hard to walk a tightrope here, to say without saying…
9-22-2018 Intel Guru Footforward The political situation in Iraq…I couldn’t care less who wins. I don’t feel it has any bearing on when the RV happens…It doesn’t matter who’s in power in Iraq for this to happen…the government of Iraq is not in control of this…they haven’t been since day one. When Iran’s nuclear sites get hit…that’s when the RV will happen… within days of that happening. I know this [the RV] is going to happen.
9-22-2018 Newshound/Intel Guru Mnt Goat The news these last couple days is short. Right now Iraq is at a standstill again in trying to find prime minister candidates. This is the hold up right now. They have not yet set a date for the next parliament meeting to elect the next president and prime minister. We wait for news.
9-21-2018 Newshound Guru chattels Abadi appears to be making a last ditch effort to rally support, despite him announcing last week that he would not cling to power following a decree by Grand Ayatollah Ali al-Sistani that Iraqis shouldn’t support politicians who have recently been in power.
9-21-2018 Newshound/Intel Guru Mnt Goat …the big questions now is this – will the CBI do away with the currency window altogether and then just let the banks loan out the money? But what is the purpose of the currency auctions anyhow? They are to convert the dinar to US dollars to use to pay for imported goods and services. This process was done as part of the monetary sanctions by the IMF put on Iraq. Why do they still need to do this? Technically they don’t. Iraq has been free of all monetary sanctions for some time now. So why is the CBI still operating in the process?
9-21-2018 Newshound/Intel Guru Mnt Goat …The CBI is playing it very safe. The governor…this past weekend told us that there are still STABILITY reasons as to why they are not moving ahead with the project to delete the zeros. …this process is a calculated process and takes time to set up events ahead of time and work its way to the reinstatement. It is NOT something you just decide to do today and they trigger it tomorrow. One event is the launching of the lower, lower smaller category notes and coins. This must be gradual. Right now their obstacle is having a STABLE government that will support the needed laws to coincide with the monetary & economic reforms for this purpose.
9-21-2018 Newshound/Intel Guru Mnt Goat Even with the current US sanctions against Iran we see the immediate necessity to change over to dinar and use it with their middle eastern trading partners. But to do this will mean reinstating the currency to the global markets/exchanges. …Don’t you think the CBI would have done it by now if they could. …But if they begin down that road of launching the lower, lower category notes they need full assurances that the approvals will not be yanked again in the middle of the process and the PTB will actually do their part too and complete the reinstate part of the process. Can you see why the CBI hesitates? Without the reinstatement the entire process fails and the newer lower category notes become worthless on the streets. Billions spent on this effort would be worthless.
9-21-2018 Intel Guru Bruce …Don’t they want the rate out? Yes, they do, but guess what the holdup has been? They have a number of people in Iraq, bad guys, that are still needing to be picked up, arrested, and dealt with. They have a limited amount of time to do that. They have been doing it, but they need to complete that. That is why they haven’t put it out in the Gazette and why it hasn’t been completed in our point of view. It has to do with the arresting and handling of those arrests.