Iraqi Dinar Guru opinions 4-20-2020
Iraqi Dinar Guru opinions 4-20-2020
4-20-2020 Newshound Guru Pimpy In June the IMF, The World Bank, The United Nations and America are going to be meeting with the government and hopefully this new government of Iraq. The reason why to me this is interesting, these are all the key players, the big dogs, that need to decide on whether or not to remove the currency restriction that’s on Iraq. Will they find that this government is stable? Will they feel confident in it? Will they remove the sanctions/restrictions on their currency and allow it to go ahead and be recognized internationally again? …We need that to happen. I’m hoping it does because it’s gonna bring a ton of speculator out of the woodwork to come and invest into this currency knowing that there is a ton of possible development in Iraq. So let’s hope when they are recognized internationally that we see them immediately on the Forex trading at the rate we want to see them trading at…
4-20-2020 Newshound Guru BobTheTaxMan …the situation in Iraq is getting desperate. Oil prices are below $30 now, they are cutting all government employees income by half, and their government is scrambling to come up with an answer. While they can not broadcast anticipating a gain in their currency to the public, every indicator is they are seriously considering that option. (At least that would make the most sense.)
4-19-2020 Intel/Newshound Guru tman23 we all agree it is just pure speculation. And no banking institution will ever give a sign that there will be an increase in value, which is common sense to why that is the standard…optimistic that a change is coming only because of current world economic conditions…my hesitation had always been the 3 zeros on the physical currency itself…and this statement from a CBI meeting in Dubai…2 years ago…the new currency must come first as a prelude to the lifting of the 3 zeroes from the currency …that statement is embedded in my head. THE NEW CURRENCY MUST COME FIRST AS A PRELUDE TO LIFTING THE 3 ZEROS FROM THE CURRENCY…so certainly sounds like new currency first and then not accounting the 3 zeros at time of exchange…why my thought had always been…exchange period for a short timeframe with 3 zero notes…and those holding for bigger gains on a float…good luck…of course just my opinion as another scenario.
4-19-2020 Newshound Guru Pimpy …oops there was an auction today and no this one doesn’t have a retro back date like the other ones. So all that chatter about all the auctions not happening really in April these are from March…looks to me like that most likely has changed…they still are not auctioning off their physical US dollars…
4-19-2020 Intel Guru Frank26 Question: “Would you say the video [CBI History Video] they have been showing on television [Iraqi TV] is our ‘second article’?” Without a doubt. It is part of the history…it’s very powerful and I’m very excited about it…the majority of the population of Iraq was never around the last time their currency actually had value. That’s why that video is so important right now. That was a long time ago…this history is so important because the majority of the people weren’t around when all this was happening…the video was a waterfall. This video was a monsoon. This video is a downpour… The education continues before during and after the reinstatement of the Iraqi dinar. So there is no time when this video has or is going to reach its goal…the key instead is the information on the economic reform is arriving quickly dated to the citizens of Iraq now.
4-19-2020 Intel Guru Delta Article: “News about the final agreement on the cabin of the government of Mustafa Al-Kadhimi 22 ministries (Candidates for ministries between politicians and independents).” It’s now decided, and the vote will be next Tuesday.
4-19-2020 Intel/Newshound/Intel Guru RVAlready At least the parliament in Iraq has to act soon. Their days of kicking the can seem about over…Hopefully, their financial situation is dire enough that they will pass the RV with haste.