Iraqi Dinar Guru opinions 8-25-19
Iraqi Dinar Guru opinions 8-25-19
8-25-2019 Newshound/Intel Guru Jeff …in our forum we try to shoot for factual proof…that way there’s no BS. After Kurdistan and Baghdad come into agreement on those items [HCL & Article 140]…what we’re looking for is to see if they advance straight to the formation of the government or if they work on another task…that’s gonna tell us exactly where we stand. If they move straight into the formation of the government that means there’s nothing left. The stage is fully set and they’re ready to change the rate. That’s what we’re looking for. Those facts will confirm everything for you.
8-25-2019 Newshound Guru Don961 Article: “Economist: Reprinting the coin will reduce the burden of paper damage” Quote: “With regard to the possibility of raising the price of the dinar against the dollar, Al-Okaili said, “The central bank is tired of a fiscal policy to keep the exchange rate of the dinar against the dollar unchanged for not entering inflation.” Talking again…appears the CBI is tired of of holding the exchange rate steady/unchanged …what do they have in mind?
8-25-2019 Newshound Guru Kaperoni We do not want them to delete the zeros, because that’s a LOP. What we do want is for the rate to increase. And the only reasonable means to accomplish that is via a float allowing the dinar to rise as investment comes into Iraq. Anything else does not benefit us. …You cannot significantly RV the dinar with excess of 42 trillion in circulation unless you can significantly reduce the money supply first. Hard to do unless gradual. …We don’t want a redenomination/LOP. Those are neutral events. It’s current rate is its real value. Unless they float the currency and let market forces set the rate.
8-24-2019 Intel Guru Frank …It used to be $3.22. Back in 2006 they calculated 3.2618…the Minister of Finance told them you should add 20% to that which would take you somewhere around 3.86 mark roughly…
8-24-2019 Newshound/Intel Guru Mnt Goat Article: “COMMENTED MEMBER OF THE IRAQI ECONOMIC COUNCIL SADIQ AL – MASHAT, ON THE STATEMENTS OF THE PARLIAMENTARY FINANCE COMMITTEE ON THE IRAQI GOVERNMENT ‘S QUEST TO RE-WORK COINS.” …Remember …there will be strong opposition to this bold move by the finance committee as those making billions off the existing system with 1/8 of a penny dinar will not want this change to occur. This corruption has been the hold up all along. But these days are about to be over.
8-24-2019 Intel Guru Frank26 [via Clare] …THE PROBLEM IS YOU CANNOT SEE WHAT THEY ARE DOING INTERNALLY BECAUSE THEY ARE NOT PUBLICIZING IT…WHAT MORE IS THERE AFTER YOU TELLING ME THAT COINS ARE ABOUT TO COME OUT? …BECAUSE 000’S WILL BE LIFTED FROM THE EXCHANGE RATE TO ADD VALUE TO YOUR CURRENCY FOR YOUR CITIZENS NEW PURCHASING POWER…? ONLY ONE THING…A NATIONAL SWITCH THAT WILL BE PUSHED…INSIDE OF A COMING WEEK THAT IS BECOMING A DAY WITH A SPECIFIC HOUR…COMING REAL SOON. …WHY? BECAUSE THE NATIONAL SWITCH THAT YOU KNOW VERY LITTLE ABOUT…IS ALSO…A WORLD SWITCH…SMILE…
8-24-2019 Newshound/Intel Guru Dinar Investor – Jeff Article: “Baghdad and Kurdistan agree on partnership in international conferences and meetings” When you look at a lot of the current articles coming out between Kurdistan and Baghdad, they’re strongly suggesting/indicating that the Kurds and Baghdad have reached an agreement, just not publicly announced it. So, ultimately that’s what we are waiting for…to publicly announce it…that they have agreed …and that they have everything worked out on the oil and Article 140 for the numbers in the 2020 budget…and then after that to know if the stage is officially set, we want to see what their next actions are…do they advance straight to the formation of the government or do they do something directly after that. That’s what we are looking for to know if the stage is officially set based on how fast they advance to the formation of the government. That will tell you everything you need to know.
8-24-2019 Intel Guru Frank26 …they’re [The CBI] passing out descriptions of what they’re about to get. The coins and the new small category notes that will be in coexistence with the 3 zero notes that they have right now…it’s inside (Iraq] only…today they went another step…