Iraqi Dinar Guru opinions 7-30-19

Iraqi Dinar Guru opinions 7-30-19

Iraqi Dinar Guru opinions-predictions7-30-2019 Newshound/Intel Guru Dinar Investor – Jeff Iraq just posted a very good…important… article talking about how they are strongly ready to implement Article 140….Many people are saying that we are not close to the RV because Iraq has not implemented Article 140…that is an incorrect statement…The current constitution only goes to Article 139…the constitution will have to be amended to add Article 140 as well as the HCL to it.

7-30-2019 Newshound Guru Kaperoni Parliament is in the process of preparing the 2020 budget. Described in the media as “the budget will be different directions next year to represent the government’s economic openness to investment and increase financial resources alternative to oil” and “indicating that the budget will create a qualitative boom in the Iraqi economy through drastic changes in public expenditure and investment funds and services.” Clearly this is important to the transition to a market economy…As well as they are building the expenditure into the budget for 2020.

7-30-2019 Newshound Guru Kaperoni An article…stated they will have a 72 trillion dinar deficit. In other words they are building about 70 billion USD extra into the budget that is expected to be funded by foreign investment. In order for this to succeed, they must pass the laws needed, and open the banking system (Article VIII) for this to work. There is no alternative. The next 6 months will be fun to watch…

7-29-2019 Newshound Guru Kaperoni Article VIII is absolutely necessary to invite investors and capital to Iraq. They will not get much help rebuilding the private sector if they do not do this. Investors want to be able to get their profits out of Iraq and Article VIII is an important step to achieve this.

7-29-2019 Intel Guru MarkZ [Can Iraq go before the rest of the world?] yes- In country…I hear though that because of the Gold Treaty they cannot go international. From Iraq – hearing the street rate will be $3.91 and they expect it to be live this week. The dong I am still expecting a $2 or $2.25…

7-29-2019 Newshound/Intel Guru RVAlready Just like Kuwait, Iraq will deny this is happening until after it happens. Do not expect advance confirmation of anything.