Iraqi Dinar Guru opinions 6-2-19
Iraqi Dinar Guru opinions 6-2-19
6-2-2019 Newshound/Intel Guru Mnt Goat Article: “SIEMENS HAS STARTED WORK ON CONTRACTS FOR THE FIRST PHASE OF IRAQ’S ELECTRICITY DEVELOPMENT IN IRAQ” We know that within the project to delete the zeros includes electronic banking. Oh -this means they need electricity….right? So can you see how having electricity 24/7 again throughout Iraq can only help in this process. Lets’ see you have the banks that need it for international transfers of funds, ATM machines need it, merchant shops for Point of Sale transactions need it, etc, etc,. So this is a really good this to push Iraq forward. Is this the hold up for the reinstatement? NO! But it can only help.
6-2-2019 Newshound Guru MilitiaMan Article: “The Iraqi Central Bank is preparing to open up to the world” Quote: “…the implementation of this survey comes as a result of the spread of this profession, which is due to the private sector taking the foreign and internal transfers, after being confined to the Central Bank of Iraq.” Wow…They are going public (private) and global. The money is going international… Wow…This is huge…imo! They are now not confined. They are opening up to the world just as they said they would. The Private Sector is now going to drive capital formation. Exactly why they have been talking about the citizens and there savings. The private sector doing internal and foreign transfers of money is an international thing. That has requirements and rules to follow …Sure looks like more signs of article 8… …The CBI told us they were to expand the exchange rate and the gold database. Now this one is telling us they are doing things with transfers…Gotta love the timing. imo.
6-2-2019 Intel Guru Delta Report: “Currency and Price Stability” […so this is saying that IF the dinar was international, the rate would be somewhere in the $1.71 to $2+?.] IN 2017 [the dinar] WAS WORTH 1.71 BUT NOW IT SHOULD BE WORTH AT LEAST IN A MID 2 RANGE…BUT WE DON’T KNOW WHAT THEY WILL DO UNTIL CBI POST THE NEW RATE…WE KNOW SHABIBI SAID IN THE PAST THAT THE GOAL IS TO MAKE THE IQD LIKE IT USED TO BE IN 70-80 …AROUND $2.85…BUT AGAIN WE DON’T KNOW IF THE PLAN STILL THE SAME …
6-1-2019 Newshound Guru MilitiaMan Article: “Foreign exchange rates against the dollar for the period (1995-2018)” …Notification they are ready to roll.. imo!
6-1-2019 Intel Guru RayRen98 Parliament voted on Thursday and passed the law that was passed by the financial committee last week relating directly to the rise of the currency exchange rate. This has not been made public yet. We are as of this moment expecting to see the release of the 100 dinar note anytime between now and the Jun 7th. This will conclude the release of the lower denoms and the start of the RV release shortly after.
6-1-2019 Newshound/Intel Guru Mnt Goat Article: “IRAQI INDUSTRY DELIBERATELY KILLED BY CURRENCY AUCTIONS” Of course, we as investors all see it too so this news is not new to us. The important part if more and more people in high positions in parliament are frustrated too and see that the lack of reinstating the currency is killing any prospects for any real progress in Iraq. The delay is all due to corruption and nothing more. So over the last couple weeks we have had four (4) articles already on this topic so the pressure is building to do something about it.
6-1-2019 Newshound/Intel Guru Mnt Goat Sadr already told parliament a week ago to do something about it. Then we heard that this is planned to be fixed before the end of the current parliamentary session and that the PARLIAMENTARY FINANCE HAS COMPLEMENTED THE “FINANCIAL MANAGEMENT LAW”. This law is supposed to be the path to forcing the CBI to act upon the corruption in the currency auctions and move ahead with the project to delete the zeros (which we know will bring us the reinstatement and thus a significant increase in the value of the dinar)
6-1-2019 Newshound Guru MilitiaMan I believe if one steps back an thinks about the totality of all these [articles] the CBI has provided today, one may take the view that they are clearly talking very loudly! They clearly want the people to understand what is happening. This is more escorting now that I can remember. Collectively with all we have before, us there are not hiding what is to come.. imo A good thing…
6-1-2019 Intel Guru Eagleone2025 THIS IS A DAY BY DAY PROCESS AND THEN WE WILL GET TO THE BANKS ONE DAY SOON. IT IS IN THE PROCESS…. THE BANKS SOURCES YESTERDAY HAVE SAID THEY WERE GOING INTO MEETING AND HAVE BEEN TOLD TO WAIT UNTIL THEY HAD RELEASE. …IT IS VERY CLOSE IS WHAT I WAS TOLD FROM NY AND DC.