Iraqi Dinar Guru opinions 5-22-2022
Iraqi Dinar Guru opinions 5-22-2022
5-22-2022 Newshound Guru MilitiaMan Article ” Khazali reveals that al-Sadr accepted deputies from al-Maliki’s coalition to form a government and urges him to take an order” We will be watching closely from here on out…They have pressure on all fronts now from the looks of it politically. As for the finance side of things the CBI, IMF and World Bank have had good reports and finished missions. I see this all coming to a head now. They all know that if they don’t act they will not survive…follow the money… Leaks suggests there is about 12 billion to watch…IMO.
5-22-2022 Newshound Guru Sandy Ingram Article: “OPEC increases Iraq’s oil quota” This will allow Iraq’s oil revenues to increase even more. OPEC has reportedly agreed to increase Iraq’s oil production to 4.5 million barrels per day in June of 2022.
5-22-2022 Intel Guru MarkZ [Guru] Nader of the middle east…mentioned …that the recent audit by the IMF stating how things are financially fantastic over there, but they need to take care of their less advantaged citizens and that they need to increase their rates. He also talked about how soon it should be. That was a discussion in Iraq yesterday…in their mainstream news they are saying now that they have balanced their books and paid all their debts it is time to change that value…soon.
5-21-2022 Intel Guru MarkZ [via PDK] [Can this drag out for months, maybe years Mark?] I don’t think it could drag out that long. Certainly not years…could it drag out another month or two…yes, possibly…but I don’t see that happening…I think…we are within days…possibly weeks of it happening.
5-21-2022 Newshound Guru Kaperoni Question “…If Oil does continue to sky rocket, does this change anything at all for Iraq or us? It could be a quick way for Iraq to get away from the US dollar and convert their currency” The key for Iraq to add value to their currency is economic diversity and growth…The dollar will always be dominant in Iraq . Especially with oil being the 95% of their revenue.
5-21-2022 Newshound Guru Breitling …Iraq is going to add value to the currency. And guess what, They’re backing it up with the US dollar…If you believe the dinar is going to LOP, there’s no reason for you to be in this investment…
5-21-2022 Guru Nader From The Mid East Article quote: “In light of the currency financial abundance, it is unlikely to resort to borrowing…Iraq has begun to feel the positive effect of changing the dollar exchange…” He’s talking about the exchange rate. I’m very excited. We’re getting there…the CEO of the CBI. When he said something usually works. How long? I don’t know. It could be this week, next week, can be two months from now…there’s not dates there but it show us they’re working on it and I’m very excited. It’s a lot of pressure over here…we’re putting a lot of pressure on everybody so things are gonna get a little quicker and better…
5-21-2022 Newshound Guru Pimpy Article: “IMF Staff Concludes Staff Visit to Iraq” For people who are invested into the dinar this is the type of thing that we want to see… Quote: “real non-oil GDP rebounded by an estimated 20% and is poised to expand by around 5% this year…” That’s exactly what we want to see – expand the non-oil GDP. Remember the budget relies way too much on oil revenue…
5-21-2022 Newshound Guru Pimpy Quote: “oil output is projected to reach pre-pandemic levels and bring overall real GDP growth to 10%…” That number keeps going up and up! It was 6.8, then it was like 8 point something and now they’re saying 10%…if they manage to get any real GDP growth this year without a government or…budget it’s going to be pretty amazing… Quote: “current account balances are projected to post double-digit surpluses in % of GDP.” That is awesome. Surplus means they are definitely under budget…
5-21-2022 Intel Guru MarkZ [via PDK] More news from inside Iraq… They are…discussing oil revenues and the abundance coming from it. They also discussed the IMF audits and the need to go ahead (in the very near future) and increase the value of the Iraqi Dinar. I thought this was great news.
5-21-2022 Newshound Guru Clare Article: “Iraq achieves a financial surplus of more than 11.4 trillion dinars in the first quarter of 2022″