Iraqi Dinar Guru opinions 7-31-16
Iraqi Dinar Guru opinions 7-31-16
7-31-2016 Newshound Guru Brietling The Vietnamese currency is in play, BUT the best numbers I can guess is they are going to up 2 cents that’s about it. Timeframe no body knows. But it is in play because of what China’s done…they don’t have to compete. And basically President Obama went to Vietnam to hammer the nails in the coffin of China and basically said you don’t have to worry about competing with them we’re going to do business with you regardless of what the rate is. So that’s kind of like a green light for them to add value to their currency.
7-31-2016 Intel Guru ADMINBILL I DO NOT SEE THIS GOING PAST WEDNESDAY.
7-31-2016 Newshound Guru tlm724 Article: “Basra council: the completion of the project port of Faw will solve major economic problems in the province” Article quote: “…the Chairman of Basra Provincial Council, Sabah al-Bazoni, that Basra must be seen Basra as Economic Capital of Iraq.” And so it appears Basra is on it’s way and so like a shining beacon of hope for Iraq!
7-30-2016 Newshound Guru Kaperoni Article: “The central bank reveals the date of launch electronic currency” I don’t want to get people overly excited but this is very good news. The CBI has always stated that one of the reasons for deleting the zeros was to get rid of the zeros because it makes it difficult in calculations and errors can occur. I cannot see the CBI going to electronic dinar without removing the zeros first. Otherwise, it seems that they would only be creating a bigger issue than they already have. Keep fingers crossed.
7-30-2016 Intel Guru ADMINBILL WE ALL KNOW THE SITUATION MAY CHANGE ON A DIME SO BE PREPARED FOR WHATEVER HAPPENS THIS WEEKEND INTO NEXT WEEK. THE NEWS TODAY IS INCREASINGLY GOOD… I LOOK AT THIS WEEKEND AS PRIME TIME. AS SUCH I HAVE ISSUED AN OFFICIAL …RV BOLO. BOLO = BE ON THE LOOKOUT. NO PROMISE OF AN RV TODAY BUT WE COULD BE IN THE MOMENT. THE NEWS IS GOOD AND CONTINUES TO BE GOOD. WE ARE INCHING THAT MUCH CLOSER.
7-30-2016 Newshound Guru mike Article: “What does it mean to float the currency?” They could move off the peg if they could satisfy the demand for the dollar, but they’d have to go back to selling $200 plus million a day. The standby letters of credit is a fantasy for Iraq, I just don’t see how they can do it. Pass the long overdue banking and economic laws, empower the open market economy and then move the currency to Article VIII. In the end, there are no shortcuts to the currency.
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