Iraqi Dinar Guru opinions 10-15-19
Iraqi Dinar Guru opinions 10-15-19
10-15-2019 Newshound Guru Jeff …with Kuwait when they revalued they didn’t have everything 100% positioned. They were still in a little bit of disarray and upside down…Even when they did revalue, this was March 24, 1991 it was a Sunday, Kuwait didn’t even have electricity 100% turned back on and they didn’t even have computers ready to go at the banks. The day they did the rate change they were having to do paper transactions at the banks. So they were more disorganized back then. Let’s now look at Iraq. Iraq is dotting every “I” and crossing every “T”. They’re making sure that everything is 100% positioned and prefect. Iraq has used this entire year to set the rate change for this…they’re getting everything ready for the 2020 budget…so those are going to be the big difference between both Kuwait and Iraq…
10-15-2019 Newshound Guru Kaperoni [show me when CBI stated free float?] …it’s not that cut and dry…it’s not a question of the CBI saying they’re going to float or free float or anything like that…it’s what countries do. If you simply look at how countries evolve you will see they don’t RV. They go from a fixed exchange rate to a float that is part of the transition because it’s necessary to offset that inflationary pressure that’s created from the economic and financial influx of investment…Iraq though has a lot more resources than most…they still have to follow the same rules.
10-14-2019 Intel Guru MarkZ I think this was a productive weekend…and we will be seeing it soon…some movement in Zurich….they can now actually see funds in their accounts and expect full access tomorrow… My redemption folks were on call all weekend and today but were not called in… We have not seen a new rate in Iraq as of yet…but they do expect to see it in the Gazette on Wed.
10-14-2019 Newshound Guru Adam Montana It was announced last week that we are withdrawing US troops from Syria, which led to talk of Turkey ramping up attacks on the Kurds…Trump responds by saying if Turkey steps out of line we will hit them in the wallet, and…we’re all like “wait what about the Iraqi Dinar?!” Article quote: “…After World War I, Western powers promised Kurds their own homeland in the agreement known as the Treaty of Sèvres. But a later agreement instead divided them among Turkey, Iraq, Syria and Iran…” …let’s identify “the Kurds”… Quote: “Today, there are about 30 million Kurds living across the region, with about half of them in Turkey. Iraq is the only country in the region to have established an autonomous Kurdish region, known as Iraqi Kurdistan…”
10-14-2019 Newshound Guru Adam Montana So, this current news cycle we are reading and hearing about involving “the Kurds” isn’t specifically about Iraqi Kurds, but the events unfolding right now are going to do one very significant thing with regards to Iraq…a message is being sent. I’m not saying I approve or disapprove of the tactics, or the decision to withdraw troops, or the decision to put them there in the first place. But what’s happening right now is irrefutable evidence that the US of A has a huge influence in the Middle East, the affairs of the Middle East, and therefore… the Iraqi economy, which includes the trade value of the Dinar. What this sets up in the near future is the confidence and assurance that with the US on their side, Iraq can make changes, improvements, and progress. What happened to Turkey in the past, and may happen very soon again, can happen to Iraq. The same is true of the inverse… where we can inflict severe harm, we can also support massive gain.
10-14-2019 Newshound Guru MilitiaMan Article: “The protests are back on the 25th of this month. The demonstrators identify 23 demands” So they are on notice again that the demonstrations will become very specific. They want what they deserve and I imagine, if they don’t have things done ahead of the 10/25/2019 time frame, things will be a bit more aggressive.
10-14-2019 Newshound/Intel Guru RVAlready CBI has clear intention to implement the RV. Allaq has made that very plain… It is the folks profiting from the fiat currency systems of the world that have probably been the main holdup. I suspect the Chinese want the RV even more than us. They are probably not the hold up.