Latest Guru Opinions - Tuesday - 9/25/2018

[ronscarpa]

 

9-25-2018   Newshound Guru Kaperoni  [Q? : In view of the commitment by Iraq to  provide timely and accurate data to the IMF on the exchange system in the future, the Executive Board decided NOT TO REQUIRE any further remedial action in connection with the breach of obligations under  Article VIII, Sec 5.]   If you're thinking they are in IMF Article VIII you are wrong. They have been trying for years to comply with the conditions of Article VIII in order to move into Article VIII. They have finally met conditions this year getting the spread within 2% and holding 90+ days.   I have fully reviewed every IMF article and documented the specifics as it applies to us...

9-25-2018   Newshound Guru MilitiaMan   Article:  "Dr.. Haidar Hussein Al-Tohma / Al-Furat Center for Development and Strategic Studies"  Quote:  "The two biggest trading partners of Iraq, Turkey and Iran face economic sanctions and severe financial crises that may alter the profile of existing economic ties with Iraq."  I will suggest that WS [Guru Walkingstick], brought this in for a very good reason. It is describing a view that is taken by, in what is actually happening in the local region and that apparently has been well thought out for the future of our investment we have in the IQD.  For the people of Iraq, and even those surrounding her borders. Even painful, as it may be for two or three Countries specifically, it is happening. The effects will be profound...The increasing of purchasing power now is huge based on present exchange rate mechanisms in place, wait until Iraq goes live with the "New Currency" with an International Rate...The two or three that didn't play ball? Oh man.. ~ imo~! 

9-25-2018   Newshound/Intel Guru Walkingstick    1). It is our understanding that the BIS as of right now is dealing with the CBI with debt settlements, starting from a particular date & are to be paid in IQD only... 2). Trying to clarify this right now but it seems that they are being required to do so at this time, WTO is also in the scope...They could have asked for this a long time ago but not possible because they were using US Dollars...and because they did not have a date for the RI...They can not pay at a program rate but, they have made payments before that can not be accepted/ redeemed as payment, until a particular date and time!  Something different going on with the BIS...likely because it is an international debt settlement, not local... ie: local contracts... EXCELLENT for our Investment..!!! This is HUGE NEWS...!!!

9-25-2018   Intel Guru Frank26  [via sunny]  Something happened in the last two weeks...I said something happened with the BIS and WTO.  The BIS is the mother of central banks on this earth.  CBI is one of them... I told you there is a date for the releasing of the three zero’s.  I don’t know it but IMO there is a date.  If something happened with the BIS or CBI it seems to me it’s because that date is close. ...CBI told the BIS, “By a certain date we will be adding back our currency.  We will start paying our debts and want you to accept our payments.  We want world trade with our currency.  We already told everybody we printed the small notes and will introduce them.  We want to make it formal.” ...(post 1 of 2....stay tuned)...

9-25-2018   Intel Guru Frank26   And IMO opinion...the BIS accepted this agreement with them. BIS agreed to accept Iraq’s payments in their own currency. CBI came out with an article, “we don’t want the USD.”  Doing some other things with only the Iraqi Diner.  You should be jumping with joy!  CBI  told the BIS they wanted them to pay their debts and only with their currency (the dinar)... the BIS set up meeting with the WB, US, WTO, etc.  IMO they met.  The CBI did this on behalf of the GOI because only the CBI can go to the BIS and make this type of a deal for the GOI...For the GOI to pay their own bills in their own darn currency! ...(post 2 of 2)...

9-25-2018   Intel Guru RayRen98   Parliament did meet on Tuesday, but no vote for President was taken. The Speaker of the House announced the 2nd of October to be the determining date for the selection of the President of the Republic.

9-25-2018   Newshound/Intel Guru Mnt Goat   Article:  "CONSTRUCTION: THE VOTING SESSION ON THE PRESIDENTIAL CANDIDATE WILL PROCEED SMOOTHLY AND SMOOTHLY"  "...THE SESSION OF PARLIAMENT NEXT TUESDAY and allocated to vote on the candidate of the post of President of the Republic will go smoothly and easily ..."    so in one article they say that they are going to wait until Oct 3rd to vote on the new president. Then the legal experts say this is against the specified timing requirement of the constitution. Then soon after this article pops out which is telling us they moved the voting of the president to Tuesday’s session [9-25-18]. So Tuesday, according to this article is not just about the Basra issues. So they have our heads spinning…..Will they change their minds again come Tuesday?