Iraqi Dinar Guru opinions 7-26-19
Iraqi Dinar Guru opinions 7-26-19
7-26-2019 Intel Guru Bruce [via PinkRoses] …I believe everything is ready to go from what I heard this afternoon, but I know there has been clean up since Tuesday night and taken care of… Now, I do believe we are very close. Like I said, we thought we would go today [Thursday]. It did not happen… I am hearing the idea of numbers tomorrow [Friday], set appointments and starting Saturday. Do not write off the possibility of something happening tomorrow [Friday] afternoon or tomorrow evening as a Go Time or start…I think from an overall security point of view we are in pretty good shape. …Now, rates are something we just can’t say now what they are. We just do not know…I am hoping tomorrow [Friday] is a wonderful opportunity for us. At least that is what we are hearing.
7-26-2019 Newshound Guru larrykn I understand the corruption in Iraq but I get to wonder if that will really stop them from moving on. They have always been corrupt but they seem to have manage to have their currency out to the world. The one thing that has change this time around is the fact that they have outside investor coming in. This IMO is the game changer and is why they are trying to get a handle on the corruption in Iraq. If they do I see a bright future for them if they don’t. We will be sitting here. No one will want to invest in a country that they wouldn’t know if their money is safe or not and they can get it out. We will see.
7-25-2019 Newshound/Intel Guru Mnt Goat The FACT is that parliament is NOT going to let the CBI run itself and function totally independent with all the corruption going on within it. This is a simple FACT…They already passed the “Financial Management Law” and within it makes them able to monitor and tell the CBI what to do. One aspect is first to get rid of the proxy positions within. This is now happening. Then they need to work on ending these currency auctions in a matter of however they do it.
7-25-2019 Intel Guru Delta [Do we need to see the new CBI Governor votes in before the RI?] NO…ALAQ STILL IN CHARGE FOR NOW…
7-25-2019 Intel Guru MarkZ [via PDK] July 25th…would be a great day for an exchange – don’t ya think? I hear a lot of Intel Providers were asked to be quiet this week…I have been under pressure to be quiet… …We may actually be at the end of our journey…With all the chatter today well may be 800 number day…It very well could be a daytime event today. I really think this weekend is in play …We have been on edge a long time…but today…I think is a day we should be alert and on edge…I am very excited about what is happening today…
7-25-2019 Newshound Guru Kaperoni [Question: Does the IMF have to invite Iraq into Article VIII or has the invitation been out there since the IMF has been working with Iraq?] …They are not necessarily “invited” but they are in Article XIV…a developmental put your procedures in place and prove your abilities to manage money and to manage monetary policy. It’s at a lesser level than Article VIII…There’s no specific time frame but…they’re supposed to be ‘constantly striving to move into Article VIII’. And they’re not going to get the benefits of Article VIII until they do. If they remain in Article XIV the banking system remains closed because it’s a risky venture to engage with their banking system.
7-25-2019 Newshound Guru Kaperoni This is not speculation. If you go back and look at the last Article IV consultation which might have been in 2016 or 17 they specifically said in there that they should accept article VIII to send a message to the world that Iraq’s banking system is open for business…Of course the dinar wasn’t in compliance then so they couldn’t. The step holding them back was the ability to sustain and manage the currency for 90 days or more and its been 16 17 months now. They have met the criteria. They just need to write the letter…If they want the money and they want the investment. And they want to rebuild they gotta put on the boots and jump across the pond..