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Latest Guru Opinions - Friday - 9/14/2018


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9-14-2018   Intel Guru Bruce   ...you know that I have told you we are very close...close for awhile...there are things that are happening to move this thing along to get us over the finish line...I have heard a lot of things pointing toward great result for us by Saturday afternoon. Maybe tomorrow [Friday].  ...I feel really good about what is being accomplished, where everything is in terms of the processes. We know for example...the QFS final procedures and protocols were being run through globally all around the world... So that tells us that everything is pretty much lined out and ready to start...{post 1 of 2....stay tuned - more to come later today..posted as a reply..!}  



9-14-2018   Newshound Guru Kirk H. Sowell   Abadi's prospects have been dimming ever since the disappointing election result in May, and whatever chances he still had last week were gone after his government appeared to be in total shambles in front of parliament & then Sadrists withdrew support. This is the formal end.

9-14-2018   Newshound Guru Kaperoni  "Breaking: While PM Haider Al-Abadi gave (Apparently) farewell speech to his office, Moqtada Sadr announced an agreement to nomination "independent & technocrats” candidates for the new #Iraqi Prime Minister position"   Does not look like current PM Abadi will be nominated for another term. 



9-14-2018   Intel Guru Frank26   [via  Sunkissed]   Article quote:  “We welcome the existence of any cooperation between us and neighboring countries in the field of local currencies”  ...in our opinion, the lower denoms with a Specimen mark on them are leaving the borders of Iraq...in our opinion, we see the physical lower denom, marked Specimen, from the East to the West in many banks...why is it being sent to banks Frank?  Because this is the currency that will be used in buying and selling and trading on a Global scale. The small notes are going to stay INSIDE the country, because there will be a rate change; along with the coins. And those belong to the citizens. They do not belong to the Global Market. ..(..post 1 of 2....stay tuned )......

9-14-2018   Intel Guru Frank26   ...Look what Abadi says...the dinar, that is marked Specimen, is leaving Iraq. And Abadi is telling all of these neighboring countries, we’re cool with your currency, if you’re cool with ours. ...Abadi says the following:  “I will not insist on a specific site and insist to serve the country. We welcome the existence of any cooperation between us and neighboring countries in the field of local currencies, and we do not want global domination that controls the economies of countries" Now what does that mean? Yes we’re going to swap. And yes, we’re sending our currency out to you. And yes, we’re going through a reinstatement of our currency.  We can send you our currency. It’s about to be globally recognized. It’s about to enter Article 8. We’re going to introduce our lower denominations too. We’re not going to have just one controlling currency anymore, like the American dollar. No more...This is as obvious as it gets.  ..{post 2 of 2..}..

 

 

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33 minutes ago, Karsten said:

I wish someone could Verify the Guru spiel that P.M. Abadi is out and mot getting a 2nd Term as P.M. I thought he was the one pushing the RV/RI and was supposed to be out best bet.

 

What now?

 

Karsten

Hi Karsten,

Kaperoni is one of the more knowledgeable & well versed Gurus out there, and he is a true newshound. What he posts is usually very reliable and based on current articles. We will see. If Sadr pulled his support, he will not be able to have enough votes to be re-elected Prime Minister. Sadr will make that determination. His bloc had the most votes, and will rule the coalition formed by the merging of blocks. We wait and see. Abadi had Sadr's support, but his poor performance in Parliament caused Sadr to withdraw his support. I hope this answers your question. Sadr is also a big supporter of the CBI increasing the value of the IQD...!

Blessings....RON :) 

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As of 7:45 PM EDT...!

9-14-2018   Newshound Guru Mnt Goat    ...We have been told the rollout will be very slow and gradual as the economy adjust for inflation. As the economy adjust that even more lower, lower categories will be launched. For instance: we know that in early 2016 the CBI fully intended to launch the 100 notes. They did not launch the 100 category notes due to the decision that the “market place was not yet ready”.   Later we also find out they cancelled the project to delete the zeros final stages that we are looking for (that coincides with the reinstatement of the currency).  Remember in March of 2015 the CBI told us they had gotten the “green light” to go ahead with it...(post 1 of 2....stay tuned)...

 

9-14-2018   Newshound Guru Mnt Goat   Is the market place now ready for these lower, lower category notes?  Well maybe so since the CBI finally had the ATMs ready and the payouts from the government is essentially all now digital electronic debit cards.  Also we know that in doing these measures the CBI has shrunk the tangible money in circulation by nearly 2/3, which incidentally was on the list of objectives for the project to delete the zeros I read in 2011.  ...if you look at the overall situation in Iraq and the plan to move the economy forward, I don’t see why they have not yet done the REINSTATEMENT by now. It is well overdue.  ...(post 2 of 2)...

 

It appears that Bruce Part 2 hasn't been posted as expected... :) 

 

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As of Midnight EDT...! 

9-14-2018  Newshound Guru Kaperoni  The CBI is reprinting some denomination including the 250, 500, 1000 dinar as many are worn out from years of neglect.  Has nothing to do with RV or RI as gurus would like you to think. Why won't the CBI RV or RI  the Iraqi dinar?  The primary reason is the CBI needs a tool to counter inflationary pressure created by a large influx of investment capital.  As already announced by the CBI the dinar will be globally traded.  It must float. The world sets a countries currency value. Supply and demand...(Post 1 of 2)... 

 

9-14-2018  Newshound Guru Kaperoni  Another reason is the CBI wants to end the daily currency auctions.  To do so, they must have an alternative to generate revenue.  The CBI profits from the buying/selling of currency. And lastly because the IMF said so.  Despite what the gurus say the IMF made it very clear..."staff encourages the authorities to create the conditions which would make possible a move to a more flexible...exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect”…The IMF is clearly talking about a float…! ...(Post 2 of 2).. 

 

That's all folks...Have a great weekend..! :) 

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