Iraqi Dinar Guru opinions 10-19-18
Iraqi Dinar Guru opinions 10-19-18
10-19-2018 Newshound Guru Bloodloch I noticed some suggestions going around here and there concerning the total of dinars In circulation (currency issued) going from about 150 trillion to 44 trillion dinars as a sign of the CBI’s seriousness about their plan to revitalize or reinvigorate their currency, and that got me to thinking. Cutting to the chase, the fact is that the CBI has never shown a currency issued figure anywhere near 150 trillion dinars. …The most recent value for Currency Issued per the CBI financial statements as of December 31, 2017, is indeed 44 trillion dinars, as seems to now be commonly known. …It’s important as a community that we rely on confirmable facts in our analyses. These corrected facts will bear fruit.
10-19-2018 Newshound/Intel Guru David M. Witty Iraqi political sources say PM Abdel-Mahdi (designate) will present his cabinet to Parliament next week but without names for ministers of Defense, Interior, Foreign, Oil & Finance. Still searching for these & tied to political parties’ desires.
10-19-2018 Intel Guru Bruce On Tues. Oct. 16 Trump gave Iraq a 48 hour window to get things done. They met that deadline by Thurs. Oct. 18. A super rich person in Jordan was using his office in Iraq to funnel money to terrorists. They handled this by freezing accounts in order to meet the deadline and be RV ready. Today [Thursday] Oct. 18 the new Rates went back up on the bank screens, and then went to flashing as they adjusted to the QFS system. Bruce was told this would be a morning daytime event. They may wait until all banks across the nation were open before releasing. You could negotiate your rates, although the screen rates were so good that you may not want to.
10-18-2018 Newshound/Intel Guru Mnt Goat Right now we are waiting for the new designate PM to form his government, which is his cabinet of ministers that run the government. We know the constitutional deadline is Oct 24th in which to do this. The new speaker just told us…that he fully expects to hold a vote to ratify the new cabinet within this timeframe. We know the USA refuses to sign off and give a full commitment to reinstate the dinar unless they see a stable new government. One of the conditions they have give is to form their new government. Iraqi news reports that Prime Minister-Designate Madhi will present his cabinet choices on Saturday Oct 20th and Parliament will hold a special session on Sunday for voting.
10-18-2018 Newshound/Intel Guru David M. Witty In Iraq, source says Maliki is thinking of withdrawing from the new government formation process. Previously it was stated Maliki would maintain his position as deputy president in new government.
10-18-2018 Newshound/Intel Guru Mnt Goat We all are aware that the dinar, as it stands today, is worth much more than the program rate now assigned by the CBI. But this higher rate must be realized by supply and demand for the currency. Just be reducing the amount of dinar in circulation down from about 150 trillion to 44 trillion dinars alone is showing us the CBI is serious about this plan. It is only when the dinar is re-pegged to the SDR basket and then gets reinstated to the open market trading platforms once again, as it was in pre-war days, that the dinar can potentially go to a much more substantial rate. Many call this the “revaluation” or RV but technically an RV never really happens. It is a “reinstatement” that occurs that eventually gives the dinar back it former rate (glory days) plus more.
10-18-2018 Newshound Guru Phillyman …Abdul-Mahdi is supposed to finally present at least half his cabinet next week but as I read in one article there still are issues. Quote: “According to the sources, the debate is still large on the ministries of defense and interior and foreign affairs and finance and planning…” But, the big article of today to me is the GE news…The Trump administration intervened to quash a $15 billion deal for Siemens Corp. to develop power stations in Iraq, instead persuading Baghdad to sign an agreement with General Electric Co., two administration officials said. Article quote: “This is part of very strong campaign of engagement in Iraqi government formation and a very targeted effort to support the Iraqi government and minimize Iranian influence,”