Iraqi Dinar Guru opinions 6-4-19
Iraqi Dinar Guru opinions 6-4-19
6-4-2019 Newshound/Intel Guru Mnt Goat So we know we were waiting for the “Financial Administration law” to be passed in parliament. Is it now passed? Some say it is done but I have not see any articles on it. I called my CBI contact in Iraq and they said it is passed and they have gotten the word weeks ago by the finance committee to move ahead with launching more of the smaller category notes for the project to delete the zeros. So they have been doing so.
6-4-2019 Newshound/Intel Guru Mnt Goat We have seen the evidence of this recently with the smaller category 50 dinar being reintroduced. I am told to watch for the 100 dinar notes as this will be a sign that the reinstatement is VERY close… I am told this is not something that is going to happen months from now but is in the implementation phase right now and we can expect something in the next few weeks. Folks this is WOW! news. We can only hold on and wait and see what happens next…
6-4-2019 Newshound Guru Adam Montana Article: “Parliamentary Economy: Iraq has a golden opportunity to increase its oil production” Last week, I was expecting a particular bit of news out of Iraq, based on conversations with my personal contacts. This isn’t earth shattering news, on the surface…it’s very positive for us… I’ve been talking about how the current OPEC agreement is a huge “ace in the hole” for Iraq. That article above is the biggest “bat signal” imaginable! I’ll spell it out real quick – OPEC (The Organization of the Petroleum Exporting Countries is an intergovernmental organization of 14 nations, founded in 1960 in Baghdad by the first five members, and headquartered since 1965 in Vienna, Austria. Wikipedia) currently has an understanding / agreement to limit production.
6-4-2019 Newshound Guru Adam Montana Iraq is not specifically included or excluded from it, despite the founding information you can see above, and they are in prime position (GOLDEN OPPORTUNITY) to monetize their place in the deal. I don’t know what else I can say about it…Iraq is in the best place we could hope for. Ramadan is nearing it’s end, we are looking at a live fuse attached to a financial firework, and I won’t be surprised if they light the fuse before 4th of July. Not that Iraq cares about the 4th of July… that date just happens to mesh with the “live fuse” metaphor, and the timing is right…I’m excited to be on this side of the microphone as things go down!
6-3-2019 Newshound Guru G-Lin Article: “Parliament will resume its meetings on the 11th of June” Quote: “The presidency of the Council attributed to the resumption of meetings of the Council after the Eid, on Tuesday, June 11, 2019.”
6-3-2019 Intel Guru MarkZ [We have always heard the IQN is the lench pin for the roll out..if it shows up with new rate on FOREX tomorrow does that mean all other currencies new rate will show up as well?] My belief is “yes” there are some that will not revalue yet…there will be 4 baskets in all …the entire rollout will take up to 2 years…6 months between each basket is the plan.
6-3-2019 Intel Guru EagleOne2025 [via PDK] THIS PROCESS HAS BEEN LONG… STAND STRONG…IT IS A DAY BY DAY PROCESS…THIS JUBILEE IS SET TO RELEASE. …WE ARE VERY CLOSE NOW…THREE DAYS OF BANK MEETINGS ARE GOING ON NOW…THERE IS HIGH LEVEL BANK MEETING GOING WITH HSBC OFFICIALS MON.-WED…NY AND DC HAS BEEN GIVEN CLEAR OPERATION RELEASE…THEY ARE PLANING 800# VERY SOON. …I AM BEING TOLD JUNE 6-9 IS PROJECTED TIME…WE WAIT AND SEE.