Iraqi Dinar Guru opinions 4-2-19
Iraqi Dinar Guru opinions 4-2-19
4-2-2019 Intel Guru RayRen98 …UPDATE…A Parliament spokesperson is on Iraqi TV stating that the names for the remaining cabinet positions will be presented and voted on after the April 9 albeit this is a direct contradiction from Sunday’s TV announcement of the cabinet selections being concluded this week. Time Will Tell…if it even matters? A World Bank representative was interviewed and stated that after the cabinet completion, the Iraqi economy will experience a remarkable recovery. That announcement in Monday’s mosque session indicated something very noticeable taking place by Tuesday evening…so, wait we shall!
4-2-2019 Newshound Guru larrykn the IMF pushing them is good but we need to look at where they are at and can they rv at this time, that is the question…corruption, security, investment, are those things ready? I don’t think so.
4-1-2019 Newshound/Intel Guru Mnt Goat A scientific symposium (seminar) was held entitled “delete zeros from the Iraqi dinar” This seminar was divided into three sessions: The first session: the concept of deleting zeros from the dinar. The second session: the expected results of the deletion of three zeroes from the Iraqi dinar. The third session: The experiences of some countries in the process of deleting zeros. Wow! Wow! Wow! Does this not tell you something? They just held this three-prong seminar on the project to delete the zeros. WOW!
4-1-2019 Intel Guru MarkZ I do believe we have a great week ahead…There was great progress over the weekend…lots of I’s dotted and t’s crossed…I am still extremely confident we are in the short end…We are being told we should be getting 800 numbers about Wednesday. There are expectations absolutely for this week. My person in Iraq said they did not post new rates on Saturday as we expected. But expecting new rates by Wednesday. I am hoping to get to the 100% this week…I am in a any moment mode still…I really believe its that’s close.
4-1-2019 Newshound/Intel Guru Mnt Goat The government will not be formed or even get to a vote in parliament until qualified candidates are presented and are not within the influence or a puppet of the Iranian government. There is going to be billions of dollars at stake for these reconstruction projects and those donators want to make sure they money is secure and goes towards these projects. …We would rather stall and hold off this effort until the right people are in place that can secure the best opportunity for success. So this is the GOI standpoint..
4-1-2019 Newshound/Intel Guru Mnt Goat Meantime the CBI, an independent agency, stands waiting in the wings to more ahead with the project to delete the zeros. The GOI has been holding them back. Just in recent weeks we read that parliament has passed a special bill assuring the independence of the CBI. So can the CBI go ahead without the GOI? Yes, but will they? We know the IMF also has recently told the CBI to move ahead with “freeing the exchange rate of the dinar”. The only way I know that they can do this is to liberate the dinar from the currency auctions (put in place for sanctions).
4-1-2019 Newshound/Intel Guru Mnt Goat They only [way?] I know that they can liberate the exchange rate of the dinar is to put in on a float. We have read many times that the CBI will NOT put the program rate of 1180 on a float. In other words, the only way to liberate it is to reinstate it and let it float on the currency exchanges. This is what the IMF was talking about. But we know that in order to do this means the CBI must also coordinate this effort with the “project to delete the zeros”. These two pieces are interconnected and can’t be separated. When will this project occur? We know it can occur anytime before, during or just after the reinstatement. So no one really knows but…when we do see the smaller category notes coming out we know the reinstatement is very close at hand, if it didn’t already happen.