Iraqi Dinar Guru opinions 1-6-19
Iraqi Dinar Guru opinions 1-6-19
1-6-2019 Newshound/Intel Guru BGG [Reference Guru Kaperoni post 1-4-2019 – There is a tweet going around that President Trump has tied some RV to a China trade agreement…False. There is no RV never will be. Best we can hope for is for Iraq to open it’s economy to investors and float the dinar.] This is [Kaperoni’s] honest opinion. However, this is all it is – an opinion. In fact, it is an opinion not at all validated by documents produced by the CBI and the US Congress.
1-6-2019 Newshound/Intel Guru Mnt Goat …last summer we got the HCL passed and we were told full activation in Sept since the passing of the law stated Sept timeframe for activation. But this of course was contingent upon something. This something we don’t know what it is…Then when Sept came we were told full activation in Feb 2019 along with the sovereign funds. So this is technically overdue. So what is this issue then that they keep delaying this? Could if the drop in the price of oil? Could it be they expecte to have the govt in place and the reconstruction moving along by now and thus also the currency restated? But since they still delay the govt this is delaying everything else?…
1-5-2019 Newshound Guru Adam Montana [Any real chance we see the HCL passed this month?] Any real chance – absolutely! But I think it will be delayed until there is a solid swing in the oil market.
1-5-2019 Newshound/Intel Guru Mnt Goat Article: “PARLIAMENT TO VOTE TO LIFT THE IMMUNITY OF ANY DEPUTY WHO VIOLATES THE LAW” this member of parliament is right on track. This immunity stuff is at the very heart of the issue of corruption. Don’t you think members of the government know they are protected and this gives them a safeguard? Eliminate this and things could drastically change in Iraq, for the better.
1-5-2019 Newshound Guru Breitling Iraq can not function…they need $54 per barrel to survive…they’re telling us…in two years it’s going to be $25 per barrel. That means they’re in the negative. They need $54 to stay even. That’s just to make it. To survive…They are going to be below that by half…it makes me happy cause you and I are sitting on their currency. What are they going to do devalue it more? No. They are going to add value and you and I are sitting on it. You should be happy. It’s real…that’s the way it works. No body can get around this math…You have a hundred years of how countries devalued and valued their currencies and Iraq is no different. They are going to be forced to do it. Nothing can stop them from doing it. That’s what’s so neat about what’s coming up.
1-5-2019 Newshound/Intel Guru Mnt Goat Article Quote: “…al-Karbouli warned Thursday of dire consequences for the Iraqi economy if the fate OF THE IRAQI DINAR IS LINKED TO LOWER CURRENCIES.” Could this be referring to the USD? Of course it is since the dinar is not solely pegged to the US dollar … if the US dollar has de-valuing issues, this would also drag down the value of the Iraqi dinar. This article is correct. So the best solution is to get off the sole peg and re-peg to the SDR basket of 5 currencies. Then put the dinar on a float and open it up to the world again.