Iraqi Dinar Guru opinions 2-24-20
Iraqi Dinar Guru opinions 2-24-20
2-24-2020 Intel Guru Frank26 …It looks like Iraq is very serious about being a world power. They’re using ‘vehicles’ to bring money in and out of Iraq in large amounts IMO from many other countries…they’re jockeying for position. The race is about to start. This will cause the economy of Iraq to explode. This is huge…Gold was the first to move to the CBI IMO from many parts of the world last month and now we’re seeing IMO large amounts of money that has a safe manner in which to enter and exit Iraq…Iraq is playing with the big boys they just got to announce it now…
2-24-2020 Newshound Guru Vital Brad …Allawi’s government is potentially gonna be done by Monday. We’ve heard a lot in this Iraq investment that the Iraq government needs to be set before they can reinstate or some people call it revalue their currency. So with that happening Monday does that mean that an RV is gonna happen soon after? This whole thing is in God’s hands…I could have really really used this back in like 2012. It was a turning point in my life. It didn’t happen and in hindsight it’s a really good thing it didn’t happen. I would have blown it like a lottery winner…I’ve grown a ton. I’m now gonna be a much better steward as I’m sure a lot of us are as opposed to having it happen back than…2020 maybe it’s our year…
2-24-2020 Newshound Guru chattels Article quote: “The deficit is very large and can be overcome only through three axes. Either reduce operating expenses to a very large degree, especially the item of allocations and benefits, or resort to taxes. This is also a very big burden on the Iraqi people, or external borrowing, and this also bears the weight of future generations. “. No mention of deleting the zeroes or ” RV ” as a solution/remedy. Frankly, I would not expect any news or advance notice of such an impactful economic event(s).
2-23-2020 Newshound Guru Kaperoni I am very optimistic with this investment I just don’t buy into the overnight RV/RI…Not how currencies work not how monetary policy works.
2-23-2020 Intel Guru Delta URGENT FROM IRAQI TV: Postpones the confidence-giving session for Allawi’s government from tomorrow to next Wednesday…
2-23-2020 Intel Guru Footforward I suspect Allawi will have a government seated with very little drama and he will get more done in 30 days then anyone else has done in the last 15 years in Iraq
2-23-2020 Newshound Guru Kaperoni …You cannot arbitrarily raise the value of a currency to whatever you think it was before or should be. A currency’s value is set by market forces. Even if you were going to raise the value substantially in Iraq they would LOP first deleting the zeros off the currency so it would be a minimal gain of 1X or 2X times your investment. No chance of a significant revaluation with so much currency in circulation… 42+ trillion currency in circulation is more than two and a half times the entire country’s net worth. The only way to raise the value is gradually so that the currency in circulation can also be reduced. But it has been well documented that Iraq’s intent is to create a market economy private sector and encourage significant investment into the country. Doing so would allow the currency to appreciate (float) as a result of significant inflationary pressure created by investment
And since that appears to be the plan there is no chance of a significant overnight RV/RI it’s going to take time meaning months or years for the currency to go up in value.
2-23-2020 Newshound/Intel Guru David M. Witty Iraqi source says political blocs are placing stipulations on new PM designee Mohammed Allawi for formation of government: 1) foreign forces must leave, 2) US access restricted, 3) ministry positions for political blocs, 4) displaced persons returned. Iraqi Parliament to vote on giving confidence to PM nominee Mohammed Allawi on Wednesday.
2-23-2020 Newshound Guru chattels Article: “Parliament’s session to give confidence to Allawi’s government will be held next Wednesday” Monday’s emergency session for the presentation of Allawi’s government is not [now?] rumored to be Wednesday.