Iraqi Dinar Guru opinions 12-16-19

Iraqi Dinar Guru opinions 12-16-19

12-16-2019 Intel Guru Frank26 Question “…why can’t the 2020 budget which is said to be about 155-160 Trillion which is 20% more than 2019 operate at a program rate as well? ” I didn’t say it couldn’t. I just pray it doesn’t come out that way…Do you think you’re gonna get a 160 trillion out of that budget? Hell no. Last year’s budget was 20% less than that. Did they get the whole budget? No. And that’s why Iraq has slums and streets filled with torn down buildings. The place needs to be fixed up…if they come out with the 2020 budget at a program rate of 1190 is that the end of world? Of course not…but “daddy” ain’t gonna allow that much longer I bet you. I’m leaning toward the fact that the budget will open with the new rate. I’m leaning towards the fact that we’ll see the rate before the budget is opened up…

12-16-2019 Newshound Guru MilitiaMan …The events of recent past show some fascinating things to note. We have not seen anything from the CBI telling us they have stopped the reform process. In fact the CBI has told us that they are linked with other Central Banks of the world. Noted by their website showing other note specimens…In addition…I found per the CBI that they told the world to be prepared for Contract modifications…Then …the Iraq Trade Bank came out and suspended loans for the month of December… Then [Guru] Delta’s research shows that around 11/27/2019 that Al Taif Islamic Bank / Exchange’r published warnings on their website to be prepared for dollar rate change. That is an additional confirmation to the CBI that the process is under way.

12-16-2019 Newshound Guru MilitiaMan We also know that we are watching things about the 2020 budget to be revealed and they told us that last week it would be out and that has not happened yet. It is now slated to possibly be for tomorrow. …the 2004 – 2017 budgets were sorted and accounted for. That leaves the 2018 and 2019 to be disclosed as needing to be accounted for too, prior to the 2020…So clearly they have a time frame as stated and it looks to be clear to me they want to keep the rate in those budgets quiet until game over…But, also note that the oil and gas, infrastructure and 2020 budget are slated for vote as early as tomorrow, unless otherwise changed…

12-16-2019 Newshound Guru MilitiaMan So, if we look at the play book above they sure have been working to keep the CBI on track…So, even if we don’t see it in the next 24 – 48 hours we have what [Guru] Delta says iho that we are now 100% going to get paid (effectively, imo) and it looks to be within this year or within a day or two just outside that…I personally, think we have a great shot at any time now, before they open and or close their banks each day moving forward…The evidence supports it from the CBI and the actions that came from the time lines of their actions and the actions of at least the largest lender in the Country of Iraq, being the Iraq Trade Bank. So, we shall see. imo…Peace to all!

12-16-2019 Newshound Guru Kaperoni …the IMF councils the CBI what to do. And they told them to float the currency. Never has there been talk of a RV or RI…Here is a direct quote from the IMF to the CBI from 2012 Article IV consultation…”staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy.” That is a float people not a RV or RI! Here is the rest of that quote from the IMF…”Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect,”

12-15-2019 Newshound Guru Jeff Here’s my option on the demonstrations. Yes they’re gonna continue. At least right now they’re not out of control and they’re not tearing the place apart…the government was only able to offer back roughly two items without having the rate change…Money and creating jobs for them. All of their other demands which were additional monies from Article 140, HCL, reforms reconstruction all of those items are contained within the 2020 budget…the 2020 budget is married to the rate change. They can’t implement any of those additional items which are demonstrator demands until that rate changes…here’s the good news about this…we know that more time is needed to finish setting the stage for the rate change…but they can’t wait too long because the demonstrators are going to be so far up their wazoo tearing the place apart that they can’t wait 6 to 8 months…so that’s good having that lurking in the background…

12-15-2019 Intel Guru Frank26 Question “Can you tell us any other currencies that are about to revalue?” I only study the Iraqi dinar. And the reason why is…the CBI is the only central bank that I know of that has put out the information through the IMF that they are about ready to reinstate their currency by removing zeros from your currency to add value to it and introduce a new category note to match that rate. I don’t know of any other central bank saying that to me. If they were, shoot I’d be all over it…

dinarguru.com