Iraqi Dinar Guru opinions 11-5-18
Iraqi Dinar Guru opinions 11-5-18
11-5-2018 Intel Guru RayRen98 The CBI site was down for awhile today, but it’s back to normal now. Apparently, today’s leaders meeting in Baghdad garnered two more names to be considered for Madhi’s cabinet on Tuesday’s voting session. With six names now reported, only two remain to have the government fully seated even though the general thought that it is not necessary for a currency revalue. Time Will Tell!
11-5-2018 Newshound Guru Daytrader JMO, there are two reforms taking place in Iraq that are co-dependent; monetary reform and economic reform. The economic reform provides jobs on several levels…People with jobs earn money, then spend money in many areas; food, shelter, clothing and the list goes on. Those purchases will require businesses to replenish their stock, which drives the need for more product manufacturing, more raw material needs and more agriculture development. This circular process drives the flow of money in any economy. …This process is critical for the CBI’s success as demand for a currency determines the effectiveness of a monetary reform program. However IMO, the CBI must reach a point in the monetary reform process where the value of its currency will attract direct foreign investment (DFI) as the trigger for economic reform.
11-5-2018 Newshound Guru Daytrader IMO, the oversight management of the economic reform process is the responsibility of the government. This suggests the success of the GOI economic reform process is dependent on the CBI reinstating the IQD to an international status at a legitimate rate, but the success of the monetary reform process is dependent on the success (read currency demand) of the economic reform. Would hope the CBI is now at this stage in the monetary reform process, as they hold the trigger mechanism in their hands for Iraq’s economic reform. IMO.
11-4-2018 Intel Guru RayRen98 Iraq has requested permission to ignore some of the US imposed sanctions against Iran in order to continue their import trade relations. US dollars will not be involved in the transactions, only Iraqi Dinars. PM Madhi only has four candidates for Tuesday’s Parliament session. He has postponed selecting the other four to complete a seated cabinet. Leaders in Baghdad are holding a meeting today (Sunday) demanding that PM Mahdi announce all eight of his cabinet selectees. Kurdistan regional Parliament will hold it’s first official meeting on Tuesday.
11-4-2018 Intel Guru Frank26 SOMETIME AROUND SUNDAY OR INTO NEXT WEEK THE CBI HAS TO MAKE A MOVE WITH THE AUCTIONS BECAUSE IMO…ON SUNDAY THE SANCTIONS AGAINST IRAN START. THE THIRD QUARTER…IMO…HAS BEEN TO TELL THE INTERNATIONAL WORLD THAT THEY ARE ABOUT TO LIFT THE 000’S AND IN THIS MONTH OF NOVEMBER…GOD WILLING IN THE NEXT TWO WEEKS…THE TIME FRAME WHERE THE EDUCATION TO THE CITIZENS WILL COME TO A CRESCENDO!!!
11-4-2018 Newshound Guru MilitiaMan Article: “Iran braces for oil sanctions after currency crash, protests” …think about what you’re seeing between Iraq and Iran…Where I may disagree with Iran being specifically included now or into the future basket of middle east currencies matters not, the basket …has been calculated now per WS [Guru Walkingstick] (evidence from recent meetings, imo) and that means to me they have risk on the table and thus, a timeline… to expose that calculation to the world is on the table now. We all know things can get volatile in the ME on a drop of a dinarius. Therefore, those part of the boat load of entities in Iraq last month were there for significant time frames…They were there for the valuation of currency and advance training of the trainers for the Iraq Currency imo, just as there was a preceding symposium weeks before in regard to the Iraq currency.
11-4-2018 Newshound Guru MilitiaMan So since the currency has been a main topic for about 30 days or more now, it would suggest that since the timing of REER (Real Effective Exchange Rate) is an issue, the final roll out on the new small currency would be expected to be along quite shortly.. imo. It was mentioned that REER was established on Monday last for a basket, it has almost been a week for REER..imo The clock is not just ticking…lol.
11-4-2018 Intel Guru Delta Article: “Exceeded one billion dollars .. Tehran demands Baghdad to accelerate the payment of electricity debts” HUGE ARTICLE …IRAQ CAN’T PAY IRAN IN DOLLARS ANY MORE…. ONLY OPTION IS DINARS …SO THEY HAVE TO PAY IRAN 1 BILLION $ ASAP…AT THIS RATE THEY HAVE TO PAY THEM 1 TRILLION DINAR…