Iraqi Dinar Guru opinions 5-30-17
Iraqi Dinar Guru opinions 5-30-17
5-30-2017 Newshound/Intel Guru Mnt Goat Lots of VERY GOOD news from the CBI today about the banking practices and the new laws about to be implemented. It is all in our favor and shows us that Iraq is now serious about fixing their economy and moving to full international status. Remember I keep telling you my contact in the CBI tells me they “fully intend to keep the citizens informed of this process” to delete the zeros. They are doing just this now and fully intend to continue.
5-30-2017 Newshound Guru mike Article: “Our economy space .. monetary policy is an example” Quote: “The edit currency or floating is not something strange or innovative in the money market, it is a tool of monetary policy for the countries of tools and not something terrifying or misadventure as portrayed by users of the thieves of currency teams in the bank auction” Iraq’s corruption is holding up progress. They’ve essentially dismantled the Finance Ministry and have hamstrung the CBI by keeping a Maliki proxy in as its leader. Things like this, and more, have prevented Iraq from moving to a free float because their actions are what’s creating the spread and preventing a move to Article VIII. This serves the corrupt because they can continue to make $10-$15 million per day and the machine grinds along until there’s no more reserves left to pillage.
5-30-2017 Newshound Guru mike Moving to the float helped Egypt reduce corruption and provided transparency, it hurt though. The value of the the Pound dropped by half overnight but has strengthened slightly. But what’s the difference between Iraq and Egypt? An open market economy and something other than oil as an export, Iraq has literally bet it’s entire financial future on a commodity. I’m all for moving to a float but Iraq should remove the financial corruption, get rid of the proxy governor and move this currency to Article VIII compliance. Get these laws passed to encourage foreign investment and partner with the Iraqi’s to create products and services the world wants which would create demand for the dinar. I’m really hoping Iraq can make the changes before they consider unpegging. Your move, Abadi.
5-30-2017 Newshound Guru tman23 Liberation is a matter of an announcement and appears Abadi wants to make a national announcement in regards to “the event” !!! As posted last week……Friday was new moon…….in the complete darkness the assault begins putting the enemy at a huge disadvantage……..we expected it to be done at the latest -Tuesday…Military commanders under Maliki’s hand like to upstage Abadi……….. The announcement from Abadi will show power and authority……..and hopefully he can offer Iraq a vision with something tangible……… So without a single doubt there is a timing strategy to the final announcement to Mosul.
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