Iraqi Dinar Guru opinions 11-13-18
Iraqi Dinar Guru opinions 11-13-18
11-13-2018 Newshound/Intel Guru Mnt Goat Article: “MAINTAIN THE EXCHANGE RATE OF THE DINAR AGAINST OTHER CURRENCIES” Quote: “…the central bank balanced between the financial options and managed despite the pressure and impossible goals to maintain the exchange rate of the dinar against other currencies, including the dollar…” …again the CBI is announcing the ability to keep the exchange rate of the dinar stable…
11-13-2018 Newshound Guru chattels Article quote: “…the Prime Minister Adil Abd al-Mahdi will present the rest of his booth including ministerial candidates for Defense and Interior on the 24th November.” Most recently it was to be this Thursday, the 15th. Now it is the 24th?
11-13-2018 Newshound/Intel Guru RVAlready One big thing yesterday. Allaq presented to parliament the advantages of the MR, of which the RV is a major part. Apparently the talk was very well received. Many have speculated that the release date has been determined, and everything we are seeing is just delay until they push the button.
11-12-2018 Newshound Guru ChrisC I have formulated something from one of my favorite literary characters, Sherlock Holmes. Sherlock says “How often have I said to you that when you have eliminated the impossible, whatever remains, however improbable, must be the truth?” ISIS is no longer a problem, there is safety and security, enough that an oil rig operator I know that said he would never go back is going back, a fully formed government (or just about), they have sanctions off of them and assets returned and the full support of the whole World.
11-12-2018 Newshound Guru ChrisC …I believe the vast majority of Iraqi’s are good people, and those that are corrupt in power have now been neutered. Corralling all the corruption has certainly taken longer than anyone probably expected, but I do believe we have a pretty firm handle on that now and finally finish the process. I believe they have had a target date in mind for a while now, but we simply have not arrived at that date just yet. Let’s see what these next few days/weeks bring us and what they choose to reveal publicly as this year begins to wind down. I think we will all be very happy before too much longer, IMO.
11-12-2018 Newshound Guru Kaperoni …The IQD is not on a managed float but a peg to the dollar…As for a float in the future, the IMF is very clear on this directive as Iraq needs to exit the peg prior to opening their capital account to foreign investment. This is all in the Article IV Consultations… […if Iraq floated their currency they would go bankrupt.] …the CBI controls the currency and the amount of currency in circulation just like any other country. Some 200 countries float their currency are they bankrupt? Every single one of us should hope and pray the CBI gives up the peg chooses a new exchange rate regime that is a float and allows the dinar to gradually rise over time as the IMF stated allowing them to reduce the money supply.
11-12-2018 Newshound/Intel Guru Mnt Goat Article: “WHY ARE IRAQ’S KIRKUK OILFIELDS SO IMPORTANT?” Quote: “Iraq’s oilfields in the disputed Kirkuk region have taken on new significance after the United States restored oil sanctions against neighboring Iran. Washington is pressuring Baghdad to resume exports that stopped last year.” This is a great insight into Article 140 and the necessity to pass a referendum on it and implement it into law.
11-12-2018 Newshound Guru MilitiaMan They are telling us they are literally coming on stage internationally. Today they are actively spelling out internationalism based on statements… Quote: “The governor of the Central Bank of Iraq Ali al-Alaq, Sunday 11 November 2018, that the actions taken by the bank was sufficient to move Iraq to the normal follow-up area.” That to me means they are just like every well organized bank that is involved in doing international trade. Equal footing if you will. Level playing field!! . Quote: “This new indicator will enable all international financial institutions to open their doors and their relationship with our banking institutions in Iraq…”
11-12-2018 Newshound Guru MilitiaMan …Pretty sure this all comes out the day before Alak is to be in Parliament.. The day before the UN has a topic on IRaq as well… Did we not recently hear Pompeo and Mnuchin speak in finance and economic circumstance done in IRaq, then Trump and Macron Support the new Mahdi GOI? Yep, Oh and yes the Paris Club… …Kind interesting that Parliament has the 2019 budget on deck and we learned the payments start for the Paris agreement in 2019… All key items timed so ever accordingly…it should give a calming effect for those that thought this was simply flip the switch already…It is and has been a very complex undertaking that was like and ebb and flow tide. Always moving toward a common ground…I suspect if one is following along, this is starting to show a pattern of motion in more of a one direction specifically, and that is internationalism. imo.