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Latest Guru Opinions - Monday - 9/03/2018


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Guru Posts as of 6PM EDT....any later posts will be added later as a reply to this post. Blessings...RON :) 

 

 

9-3-2018   Intel Guru RayRen98   The new parliament is now active and we are waiting for nominations. 

9-3-2018   Intel Guru Frank26   [i get the impression you are almost seeing the finish line of the long journey...  Hard not to be excited about the coming week...]   WITHOUT FURTHER OPINION FROM MY PART...THE FINISH LINE...IS IN MY REAR VIEW MIRROR!!!

9-3-2018   Newshound Guru Currency365   AS LONG AS YOU HAVE 165+ MEMBERS YOU CAN VOTE LAWS AND MAKE DECISIONS AND HOLD SESSIONS...THESE CORRUPT PEOPLE ARE JUST ANGRY THEY LOST POWER...(parliament session suspended for one hour, as Hadi al-Amiri's Fatih & Nouri al-Maliki's State of Law walk out with KDP and PUK)  Hopefully the kurds make a decision Tuesday so parliament can move on, either way Sadr, Abadi, Allawi, Hakim etc have over 165 MP's on they squad so they can get a majority vote on all things. Would be nice to see the whole Gov't work together but if they can't it doesn't matter.



9-3-2018  Newshound Guru Breitling  Iran’s GDP has everything to do with what’s going on with Iraq.  Iran’s GDP is 439 Billion…There are 14 states in this country that have a larger GDP than the country of Iran…and now it’s tanking…Iran is looking at Iraq as a source of dollars…now this isn’t going to stop the revaluation of the Iraqi dinar.  If anything, it will push it forward. Article “Iraqi official have revealed that Iran is pursuing a new strategy to supply the US dollar needs by working to reduce the Iraqi dinar exchange rate.  Iran faces major difficulties in obtaining the dollar”… [If] You get out of the US dollar, you’re in trouble. [if] You also get out of the US banking system and you’re in Venezuela mode…  

 

9-3-2018  Newshound Guru Breitling  “...The Iranian strategy is to inject a large counterfeit Iraqi currency into Iraqi markets…”…So what are they doing?  They are trying to shake the confidence of the Iraqi dinar so the locals in Iraq will use more US dollars so Iran can use that backdoor market …So that’s Iran’s access to US dollars.  “If Iraqi can’t cope with the smuggling of fake Iraqi dinars into it’s territory this strategy will force the CBI to pump double amounts of dollars into the country’s markets to preserve the value of the local currency…” there’s another way to counter that. And that’s to add value to the Iraqi dinar…if people are using the Iraqi dinar you don’t need to change the liquidity of the dollar in the economy do you?…the only way to protect the Iraqi dinar is to add value to it……this is going to happen.  This is going to revalue. You just need to be prepared…  

 



9-3-2018   Newshound/Intel Guru David M. Witty  Iraqi PM sends request to Parliament asking to confirm which Coalition has the majority needed to form new government.  New Iraqi Parliament seated, along with full orchestra to play national anthem. ...Which coalition will form new government still unclear.

9-3-2018   Newshound Guru Walkingstick  Article quote:  “Legal : It is not permissible to extend the period specified by the Constitution for the convening of the first parliament session”  Yep... Also, their Federal court ruling of 2010, states... they can not leave the first session of parliament open, nor can they take their oath and break quorum per a federal court ruling in 2014 ....

9-3-2018   Newshound Guru Kaperoni   Several reports are being posted now that the largest bloc has been formed for tomorrow's [Monday's] parliamentary session stay tuned..! 

 

 

  Happy Labor Day Everyone.....RON :)

 

 

 

Edited by ronscarpa
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9-3-2018   Newshound Guru  Kaperoni   Abadi addressed the new parliament today stating clearly the next government is responsible for economic reforms. It will take 2-3 months to get new GOI in place.  Its coming.

9-3-2018   Newshound/Intel Guru BGG   Article:  "Baghdad, al Sadr populists and premier Abadi allies form new government"  Quote:  "Sixteen Iraqi political movements and parties, including the populist list of radical Shiite leader Moqtada al-Sadr – winner of last May’s election – and the faction of outgoing prime minister Haider al-Abadi, will give life to the most important parliamentary block. The agreement, reached late yesterday evening, will guarantee its signatories the possibility to start work on the formation of the new government."  Wow – I was suspicious this might happen. While Barzani was crowing about being closer to Maliki, Sadr and Abadi did it without them. 177 deputies and no mention of the Kurds Now, something to watch is these upcoming KRG (regional) elections in September, not that it means much (or anything) to the currency investment…

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