Iraqi Dinar Guru opinions 10-18-18
Iraqi Dinar Guru opinions 10-18-18
10-18-2018 Newshound Guru Phillyman …Abdul-Mahdi is supposed to finally present at least half his cabinet next week but as I read in one article there still are issues. Quote: “According to the sources, the debate is still large on the ministries of defense and interior and foreign affairs and finance and planning…” But, the big article of today to me is the GE news…The Trump administration intervened to quash a $15 billion deal for Siemens Corp. to develop power stations in Iraq, instead persuading Baghdad to sign an agreement with General Electric Co., two administration officials said. Article quote: “This is part of very strong campaign of engagement in Iraqi government formation and a very targeted effort to support the Iraqi government and minimize Iranian influence,”
10-18-2018 Newshound Guru Adam Montana Article: “OPEC Secretary General calls on oil producing countries to increase production” …It was not too long ago that the “Oil and Petroleum Exporting Countries” came to an agreement (unanimous, if I recall correctly) to work together on regulating the production of oil, as a sort of “emergency” measure to keep the markets under control in some uncertain times. They all agreed to control their production. They made a big deal out of it. Iraq’s position in this agreement is HUGE… mostly because they are barely even mentioned in all 39 of those pages!!!
10-18-2018 Newshound Guru Adam Montana Iraq, with a very significant chunk of the black gold available to us on this planet, somehow slipped through the cracks and didn’t even have to raise a hand in agreement with this major agreement that was put in place by some tiny insignificant countries like Saudi Arabia, Kuwait, wait a minute… those are NOT tiny or insignificant! Quite the opposite, in fact – they are major players. Some of the OPEC members have substantially less resources than Iraq. This is important to remember because to this very day, Iraq has not made any promises to abide by the current agreement. This gives them the full ability to stockpile reserves, and flood the market at a moment’s notice, which could bring in an enormous pile of cash to use in any way they want…You know, like… funding an RV.
10-17-2018 Newshound/Intel Guru Mnt Goat THE PROJECT TO DELETE THE ZEROS IS IN MOTION…We are now seeing the very slow transition to the dependence on the smaller denominations as part of the plan. We know this is within the last steps of the plan. Soon they will launch out the next set of even yet smaller, smaller denominations…the initial removal of the 3 zeros will not impact the rate. …They are not reducing the value or increasing the value of the dinar within the “initial” stages of the plan to delete the zeros. …initially the rate in country will come out at about 1:1 for about 2-3 weeks prior to us seeing it on the global trading platforms. This gives the CBI time to monitor it and adjust for inflation. Then when it does finally come out on the exchanges, it will be adjusted to the new SDR basket and put on a float (as all currencies on the exchanges are on a float). There will probably be a fixed cap (a predetermined maximum rate).
10-17-2018 Newshound Guru Kaperoni I assure you nothing is going to happen with the dinar until the government is formed and parliament passes the necessary delinquent laws. I also expect the IMF to meet with the CBI. I have said on numerous occasions IMF Article VIII is critical to opening Iraq’s banking to the world’s Financial system. I don’t see that happening until after the IMF meets with the CBI to have their Article IV Consultation which has been postponed til the formation of the gov.
10-17-2018 Newshound Guru Walkingstick [via Clare] A Sovereign Currency for a Sovereign Country…When a Governor puts a signature on currency it’s because preparing to leave and go International / Global markets…Table has turned… CBI saying we are getting it Done! So much in place …Very impressive…GOI tipped their hat by supporting Alak’s signature…GOI is saying currency is going international…IQD is going to change the face of the global market, because of a Basket!
10-17-2018 Newshound/Intel Guru Mnt Goat CURRENT TARGET DATE BY THE CBI: I want everyone to understand that I have always been telling you that they are now targeting to reinstate the Iraqi dinar by the end of October (of 2018) and if they don’t do it then they know that they could be in jeopardy of having to wait into EARLY 2019 due to possible instability that may be caused by the ramped up new Iranian sanctions. This part of the plan to delete the zeros is not something you just snap your fingers and its done.
10-17-2018 Intel Guru Bruce [via PinkRoses] …it seems to an extent that we are waiting on Iraq to flip the switch for their own evaluation of their dinar publicly. We know it has been going up in value in country and on their debit card, the so called Qi cards for months now. We know it has not been made public on the CBI or anywhere else. …Where we are is Iraq’s Prime Minister Mahdi is to select or has already selected the cabinet for the Parliament, his cabinet. That is to be given over to the Parliament to vote in on Sunday. Now that is for I believe is for something of a formality. I think what has happened is President Trump had a conversation very early in the morning…with Abadi to get this thing done in terms what Iraq needs to do with their Parliament, the seating of it, to have that done as well as their rate out published in 48 hours. I believe they are going to do that…
10-17-2018 Intel Guru Bruce I have heard they wanted to adjust the rates over the next day or two. Either Wednesday or Thursday they should have those where they want them to be for us to go. The rates are being traded upwards. So I am excited where we are going. We are coming up on it. I would say the intention is for this to go down in the next two to two and half days. Simple as that. I know in Iraq they have plans to celebrate… Wednesday, Thursday, and Saturday. I think they are ready for something to pop over there or they wouldn’t be setting up celebrations. People are excited about it. The ones we are talking to over there are excited about it, and they see this happening.