Iraqi Dinar Guru opinions 5-11-19
Iraqi Dinar Guru opinions 5-11-19
5-11-2019 Newshound/Intel Guru Mnt Goat …this is still a MAJOR concern since Sadr gave Mahdi until June 1st to form the government. The question is does he have enough support to hold a “no confidence” vote and change out the PM? There is no firm target date to vote on the remaining 4 ministers. We still wait for any more news.
5-10-2019 Intel Guru MarkZ …everyone I’ve talked to so far today says today will be a big day to watch…maybe to get it all…so we are watching everything closely… There really has been some fantastic news…a lot of it I cannot share…I know how frustrating it is to hear that… We do have news out of Iraq…hearing the new rate has gone live or is about to go live…My people on the ground there expect a rate of $3.63 in Iraq by tomorrow morning …this from some good sources over there— contractors…and this rate came from a contractor publication in Iraq…This is the rate they will be paying their employees… This to me is pretty exciting… I would not share any rates that have not already been published…I am simply telling you what a person there saw in print. This may also be the street rate in Iraq that may release tomorrow as well…
5-10-2019 Newshound Guru Adam Montana Ramadan is officially under way, and for once in this wild ride… I’m very pleased to see how things are moving. OF COURSE there are going to be snippets about things being pushed back to outside of Ramadan, but we’re not even a week in and we are already seeing a difference. Not only are Parliament meetings continuing as of tomorrow (Saturday), but we’re finally talking about OIL! OIL has been missing from the news over the last couple months, and I was expecting it to resurface shortly. It is unusual, but not surprising, to see it popping up now. I say it’s not surprising because even though it’s Ramadan, the timing is right. This time around, they may just surprise us.
5-10-2019 Newshound Guru Kaperoni They can float anytime. Moving to Article VIII only means the CBI and its banking system meets a level of compliance equal to the rest of worlds banking system. Thus should make the dinar more acceptable worldwide. Investment laws need to be passed still. In order for the investment community to put money in Iraq to rebuild they need laws, stability and validation from the IMF. When investors to come it will create pressure on the banking system allowing the currency to raise in value. So the bottom line is …until they have a private sector (laws), and move to Article VIII to open the banking system, investors will not come and with no investment the dinar will stay where it is.
5-10-2019 Intel Guru Bruce Where we are…is so close that I have even been informed not to say certain things. That almost never happens to me. …I will say this. We have word that the currencies are trading. A lot of people can not see what the rates are…those currencies that we have talked about are being traded quite a bit on the screens, behind the scenes as you can say. They are trading so they can move up in value. That is all very good and should help everybody to get the kind of currency exchange that they were hoping for.
5-10-2019 Intel Guru Bruce I am under the impression that the trade agreement [China] might have been some form of leverage with the RV GCR or visa versa. I know it is in play. So, I believe what we are doing is right there with the possibility of notification within hours to days. We are very close. …I am really psyched where we are and what is happening. …I do not know if the weekend would be as promising for us, but certainly pretty soon.