Iraqi Dinar Guru opinions 1-19-19
Iraqi Dinar Guru opinions 1-19-19
1-19-2019 Newshound Guru Breitling I think Iraq’s oil production is about 4 million barrels per day…Iraq is the second largest oil producer in OPEC and the 5th largest oil reserve. So look at the Saudi Arabia currency, what’s the value of that?
1-19-2019 Newshound Guru MilitiaMan …The article a source brought me…shows the heat is on and the pressure is building to get the 2019 budget done and the citizens what to expect within that budget and what they want from all the promises they have been given. I had my source and another source confirm that the citizens have been told in the Mosques that they were to expect this to have been done on or around the 4/5th of this month and then, no go. …Well, I / We believe they were placated…about the basket of currencies being too low, thus, they may have used that information to tell the citizens to sit tight, as we are going to adjust the basket and you’ll get more purchase power in the end.
1-19-2019 Newshound Guru MilitiaMan The source…At first…said we are going to be happy this Saturday… What was asked of him on a scale of 1-10 how good is the news coming to the citizens? A 10 was the answer…Next week being a 10 on the scale is huge for us… lets add in the additional data [Guru] Delta brought in with the URGENT MEASURES and FORCED to FLOAT Currency and just in on the 2019 Budget ready for approval this evening, this place we are in is very nice! If they are getting FORCED into a float? Awesome is better than nice! imo So lets see if this weekend turns out as good, as I think it can be.
1-18-2019 Newshound/Intel Guru Mnt Goat In today’s news we are also seeing more pressure to stop or greatly limit the currency auctions. OH – but how can they do that without putting the dinar on a FLOAT and reinstating it back to it former glory on the global currency exchanges? Simply put they can’t… This reinforces again that something is about to happen with the Iraqi currency. It almost has to as the pressure is building and the bubble is about to pop. January is only half over and so there is plenty of time yet to see some more actions in this direction. How far can they proceed without the reinstatement?
1-18-2019 Newshound Guru Breitling What are you guys [Iraq] up to? Ok so you don’t revalue at 54 cents, 90 cents…you can do 10 cents. I know you guys can do that and you don’t even have to blink. It’s not going to hurt your economy one way or the other. How do we know that? Look at the other currencies in the middle east…that’s how you figure that out. So after Saudi Arabia who’s the biggest producer of oil in OPEC? It’s Iraq. Iraq has the 5th largest reserve in the world…So you start looking at these other counties and what they produce and how much their currency is and it doesn’t make sense does it? Remember I talked about undervalued stock? Undervalued currency is that simple…I love it cause that’s how it works.
1-18-2019 Newshound Guru Adam Montana […does Brexit have any effect on our Dinar investment?] In a roundabout way it does, because global events always have some impact… so, yes. But it doesn’t merit any concern for us at this time.
1-18-2019 Newshound Guru Kaperoni A few people have asked for my opinion on the recent float article as to what “forced” means? My view when I read the article is this MP is saying we can continue to have citizens on state payroll and take loans to support the budget or we can learn from some of these other countries and float the dinar and invite foreign investment into the country. I don’t think its a question of being forced…just a decision to get away from a state run oil dependent country and create a private sector supported by foreign investment. So a float is what is coming.
1-18-2019 Newshound Guru Breitling …They [Iraq] don’t have to revalue in one big pop or shot. They can revalue little by little. I’m not talking about a tenth of a penny. I’m talking about adding 10, 15, 20 cents a pop. Why they haven’t done it yet I don’t know. I simply do not have an answer for that. Because if I was them that’s exactly what I would be doing. I understand they have to protect themselves and not make it too expensive overnight to invest in Iraq…90% of their export is oil. That’s their economy. And the price of oil is going down so they are not making as much money. $56 a barrel is their break even point. I think it’s $54 to $56. They don’t just have to revalue for their sake. They have to send signals out to the international markets saying “we’re out to play.” If they are going to keep their currency low people are not going to send product to Iraq to be able to trade. It kind of binds them up. They need to start doing something.
1-18-2019 Intel Guru Bruce [via PinkRoses] The most recent picture has this happening either before January 21st…with some emphasis I am getting …January 18th or Saturday. If not we skip over January 21st and go to January 22nd…It doesn’t guarantee it…It just means that is what I am hearing from very trusted sources that are very close to the situation. Iraq has basically been done and is no longer an issue the last six weeks…Iraq is out of the picture. If you are focusing on Iraq, you are in the wrong game. Let it go. It is done, done and done…I am going to say everything is still moving along like we think. Rates will be high. We just need the Go Signal. I am looking for that Go Signal anytime now.