Iraqi Dinar Guru opinions 5-29-2020
Iraqi Dinar Guru opinions 5-29-2020
5-29-2020 Newshound/Intel Guru Mnt Goat …Today’s news continues with the saga of Iraq and its inability to meet the June salaries… So far we see the solution for May and June’s salaries was the borrowing from within the banks of Iraq. But this is only a temporary measure…I am hoping this is a wake-up call for Iraq to now move forward with its reforms in all aspects of non-oil-based revenue generation and allowing foreign investors to comfortably come into Iraq to establish businesses. There has to be some drastic changes and the new prime minister Al-Kazemi must be the one to make them…It may seem gloomy and doomy at times but I see the plan playing out and taking shape…
5-29-2020 Newshound/Intel Guru Mnt Goat So where are we in the progression to get the revaluation and reinstatement of the Iraqi dinar? Like I keep telling everyone we are concerned about the “reinstatement” of the Iraqi dinar on FOREX in a tradable format. To bring this about the CBI will have to delete the zeros from the currency. This is when we go to the bank and not before. …So far, the CBI has been very quiet on this topic of the “project to delete the zeros”. …the CBI in the past usually gives at least a monthly update on the project? Now we have not heard anything for nearly 6+ months…They have told me over and over again that they fully intend to keep the Iraq citizens informed of this event. They have kept their promise in the past and I don’t see why they would clam up now. …There is so much evidence that Iraq is still moving ahead with their intentions of international movement in all directions including the ISX and foreign investors.
5-29-2020 Intel Guru MarkZ [via PDK] Contacts checked in from Hong Kong, Zurich, Miami and Reno…they are all sitting at the edge of their seats with anticipation of the new system in place and announcements before Monday morning. They are looking for this thing to be completed by June 1. I don’t think they will get it out the door but we shall see…So that’s where we are at…here at the edge of our seats.
5-28-2020 Intel Guru MarkZ [Did Trump sign off on the RV last week…] …I hope he did but have not seen any evidence that this happened.
5-28-2020 Newshound Guru MilitiaMan Article: “What does it mean to reduce the Iraqi dinar price against the dollar? .. An economist answers” Gotta love the education they are doing. The explanation of the choices both good and bad..They will make the right choice and they have been telling us about it… the amount of countries coming into Iraq now shows that the doors are about to fully open and they are gearing for…to have the CBI share with the world and the Iraqi’s, as to what they can expect when the exchange rate changes. I suspect those that have a need to know will have been all ears by now… So I am surely liking what I have been told would come is coming…
5-28-2020 Newshound Guru Kaperoni Once again, if the dinar is ever going to appreciate it will as a result of success of the economy. Iraq needs stability, laws, and to open the private sector. Only then will the CBI float the dinar.
5-28-2020 Newshound/Intel Guru Mnt Goat “IRAQ STOCK EXCHANGE ANNOUNCED, ON SUNDAY, THAT ITS FIRST SESSION WILL BE ON SUNDAY, MAY 31″ Does this article say anything about being traded on NASDAC?- NO! Does the ISX need an increase in a rate? – NO! Does the reinstatement have to take place first- NO! These are all just…rumors…It does not say anything other than a change in their trading schedule…
5-28-2020 Intel Guru MarkZ …The expectations is we will see the new monetary system and 800 numbers before Monday morning. …I hope they are correct…My government contacts are still looking squarely at June 1.
5-28-2020 Newshound Guru Adam Montana The recent Iran-Turkey pipeline incident, courtesy of the PKK (Kurds), is certainly going to have an affect… particularly since Turkey seems to not want anything to do with fixing it. This incident hurts Iran more than anyone, benefits Iraq, and Turkey comes out better as well – both politically, financially, and in terms of future positioning…That also comes back full circle to the HCL…eliminating Iran from the equation is a benefit to Iraq, and the HCL will be used to ensure that the Kurds get a larger portion of these benefits. Once again, when you look at the big picture it starts to make sense “why” the RV didn’t happen yet. The dominoes have been being placed, one at a time, and the HCL just might be the force that starts them moving…things are about to start happening REALLY FAST.