Iraqi Dinar Guru opinions 3-22-2021
Iraqi Dinar Guru opinions 3-22-2021
3-22-2021 Newshound Guru Pimpy There is a political block…that is refusing to vote. They’re boycotting unless the rate change is in there [The 2021 budget]. But what they’re demanding is it be restored to…1190 for one dollar. Some people thought that meant they would go back to the old rate. I would love it if they did that. Could they still do that? Yes. They might. But there is no indication that they will. Would they announce it? No. When Kuwait did their switch…in the news they told everybody that it wasn’t gonna happen for a while, then they turned around they did it the next day or the day after. Anything is possible but first and foremost we definitely got to make sure…what’s going on in Erbil/Baghdad get their things ironed out so we can get this budget passed…now they’re postponing the vote for one week…
3-22-2021 Guest Guru Sheila Article: “Al-Saffar: Political disputes have delayed approving the budget” My opinion is the budget is done – everything is done. All these articles are just theater… pushing for time until they get the “good to go”.
3-21-2021 Intel Guru MarkZ [via PDK] …I am told we will have 10 days to set our appointments and 30 days to exchange…
3-21-2021 Newshound Guru Jeff There’s conflicting news…you have some articles telling you that everything’s kosher between Kurdistan and Baghdad and that they can resolve their differences and complete the budget next Sunday. Then you had another article telling you no no wait a second this political block says nope that until that exchange rate gets increased they’re not going to be able to approve the budget…my gut is telling me…they’re not going to change the rate at this time. There will be no budget approval…
3-21-2021 Newshound Guru Adam Montana I’ m going to run through this one pretty quick, because it’s very simple to explain. That’s a good thing. Simple = easy to conclude, which also translates loosely to “soon”! OIL is slightly lower than in my last update [61.42], but it’s still in the “good” range. Anything in the $60s is great, as far as I’m concerned! More importantly, however, is all the HCL talk…I can confirm this is true: Iraq is dealing with the HCL as we speak, and I think it’s going to get done this time. Article quote: “It is noteworthy that the Oil Ministry’s sudden announcement of the draft oil and gas law coincides with marathon negotiations between Baghdad and the Kurdistan region regarding the latter’s share in the 2021 budget and the mechanism for managing his oil file.”
3-21-2021 Newshound Guru Adam Montana The Budget was completed some time ago, and Baghdad and the Kurds were even in agreement on the original Budget that was preliminarily approved… the fact that there are now disputes, that are tied to the oil and gas law, tells us very clearly that they are not arguing over a few dinars… they are arguing over a LOT of dinars, which is also dollars. My friends, we are closing in on a spectacular finish! I’m looking forward to it. I know many of you are, as well. Hang tight! This might get bumpy before it’s over, but OH BOY will it be worth it!!! GO RRRVVVV!!$!$!$!$!!
3-21-2021 Newshound Guru Pimpy I do expect they’ll go back sooner or later to that fiscal period from the beginning of April all the way through March. Could it be this time around? Maybe. That’s why they’re stalling? Could be. But where are we? March 20th. There’s 31 days in this month. If they’re going to try to make that deadline they have got to get this over and done with ASAP…Can they retro? Of course they can. Is the rate change going to be in there [the 2021 budget]? There is a political block right now that is refusing to vote. They’re boycotting unless the rate change is in there. But what they’re demanding is it be restored to where it just was…1190 dinar per one dollar.
3-21-2021 Intel Guru Frank26 Taxes – they are raping us. They are going to destroy you. They’re going to kill your investment. They are going to take your money. I pray to God you know what you’re doing.
3-21-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The [Saturday] meetings are concluded…next week they will add more meetings for the next phase.
3-21-2021 Newshound Guru Jeff Back in 1973 the value of the dinar against the dollar was $3.37…Iraq is the wealthiest country in the world…Iraq’s worth more money than Kuwait…[The reason] Kuwait has the highest value currency in the world is when they changed their rate they unpegged their currency from the US dollar and re-pegged to the highest valued currency assortment basket…it’s called the KUNA basket…the value of their currency against the US dollar is approximately $3.28. Iraq has more minerals in their soil. They’ve got gold, lithium, diamonds, natural gas. They’re the wealthiest country in the world. There’s a very good chance that when the rate changes Iraq could…do what Kuwait did and unpeg from the US dollar and peg to that same currency assortment basket called the KUNA the highest valued basket in the world…
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