Iraqi Dinar Guru opinions 4-23-19
Iraqi Dinar Guru opinions 4-23-19
4-23-2019 Newshound/Intel Guru Mnt Goat There is lots of chatter about the Dong currency and whether it is planned to revalue. Remember Vietnam was considered on the “underdeveloped” country list of the IMF and so it is one of these countries they want to bring forward because it has great potential…The State Bank of Vietnam has been giving us signals for almost a decade now that they plan to get rid of 3 or up to 4 zeros from their Dong currency. So, we know something is up. But what we don’t know is just exactly how they plan to do it.
4-23-2019 Newshound/Intel Guru Mnt Goat Article: “ACCORDING TO THE NATIONAL BANK OF VIETNAM, VIETNAM WILL ISSUE A NEW VERSION OF THE VIETNAMESE DONG ON JANUARY 1, 2015.” Of course this did not happen. Why? This is another case where they need to rethink what they are doing. They do not want a bunch of new billionaires overnight. They must first “withdrawal” a certain % of the current larger notes out of circulation, the same process of the project to delete the zeros that Iraq is now going through. The only way to do that is to go electronic banking, just like Iraq did. This is now in the process… They plan to accomplish the conversion to electronic banking by 2020. So could this be a target?
4-22-2019 Newshound/Intel Guru Mnt Goat Article: “PARLIAMENT WILL VOTE NEXT TWO WEEKS ON INDUSTRIAL CITIES LAW” Quote: “…this law is important and it is necessary to be resolved during this stage in order to provide the appropriate environment in the provinces for all industrial companies for the purpose of employment and activating the private sector, noting that the LAW EXEMPTS COMPANIES FROM FEES AND CUSTOMS.” …being exempt from fees and customs is part of what companies need to come in and invest in Iraq. So this is a good start. But there is also an investment law that needs revisions and to be passed also.
4-22-2019 Intel Guru MarkZ [via PDK] […can we say that we are waiting 4 the release of Lower Denom’s and will they be released today?] A fair amount of LD’s have already been released, …I am waiting for more news from Iraq…there is a whole lot to watch for… [Will the new rates show overnight or in the daytime?] That is what we were told for years…I believe with this new banking system it could be a daytime event…I would not be surprised to see rates change at any time…they have so much more transparency and control now…
4-22-2019 Intel Guru MarkZ [Are your contacts big dogs or little pups?] My contacts are both…I like the little pups…but most of them are BIG DOGS. When this is done I hope to share their names and they will just blow you away. …Quiet is sometimes just what the doctor ordered…I did hear things will roll out today and tomorrow…This afternoon is expected to bring a whole lot of big news. There was a tremendous amount of movement over the weekend. The question is what will we see later today? […we are past the point of no return and it is looking to be a very busy week] This is very similar to what I heard as well…we are so very close…
4-22-2019 Newshound Guru MilitiaMan They told us…that Iraq has the full resources from the Saudi Arabian Kingdom to further their progress in re construction and oil exploration in the Sahara. This supports they are waiting on an international rate to be exposed for them to be secure in that investors are taken care of in kind, imo. They want safe and secure, a level playing field if you will.
4-22-2019 Newshound/Intel Guru Mnt Goat The news today is mostly all about getting investors in Iraq. They know they need to kickstart their economy somehow but can’t just seem to be able to do it with any level of success. But the news today suggest maybe they might move ahead finally in the coming weeks and months. There are still no signs from the CBI of an urgent pending reinstatement of the dinar any time soon… Article: “POST OF GOVERNOR OF THE CENTRAL BANK OF IRAQ” Quote: “It is noteworthy that some sources said earlier, that the post of governor of the Central Bank will be a coalition led by Moqtada al-Sadr.” I am seeing that Sadr is NOT pleased with the efforts of the CBI and still feels it is enormously corrupt and not doing all the necessary actions too deal with it. Sadr also wants currency reform and wants it NOW.