Monday Guru Opinions @ 8:40 PM- 10/29/2018

[ronscarpa]

 

10-29-2018   Intel Guru Frank26   [Q? : Can a national currency exist on program rate?]   YES, A NATIONAL CURRENCY CAN EXIST ON A P.R. IN COUNTRY BUT....AN INTERNATIONAL CURRENCY CANNOT EXIST ON A P.R. OUTSIDE OF THE COUNTRY.

10-29-2018   Newshound/Intel Guru Mnt Goat   We can see the news from Iraq is slow once again. We are at another lull. As far as the elections go we are waiting for early November to get the rest of the ministers but most importantly to see who is going to be the next three Vice Presidents...Remember the Sadr Movement does not want any old politicians in this new government. So the chances of having the Nori al-Maliki or the other two VPs back in the VP positions is slim to none. However, we must consider Maliki and his goons will continue to try and try right up until the announcement and vote in parliament.  ...Iraqi is now putting the emphasis again back on the economy, the 2019 budget and the implementation of the “Investment Law”.

10-29-2018   Newshound Guru MilitiaMan     Article:  "Iran's economic minister: America implemented its ban before November 4"    Looks like they shut down Iran currency swaps / auctions???   USA implements sanctions early, thus, Iraq has obliged by not trading dollars and apparently Dinars, as they would more likely loose as the sanctions take effect, thus, they shut it down.. Wow! imo. 

10-29-2018   Newshound Guru Currency365   Breaking President Trump Implements Sanctions on Iran Before November 4th...

10-29-2018   Intel Guru RayRen98   Iraqi TV is reporting that new PM Abdul Madhi is not under any time constraints to complete the remaining 8 cabinet positions but also sharing that names may be presented at the November 6 meeting for consideration. 

 

10-29-2018   Newshound Guru MilitiaMan    If they are adopting, the predominant medium of exchange for the purchasing of services, goods, then the sovereign nation and her currency will need 1 interdependent, yet, national rate. Here are some things that suggest that we are well beyond that time now.  ...As we have been told the calculations have been done already. The symposium introduced to those in the need to know (albeit with reservations on what can or cannot be disclosed publicly, i.e., smalls, coins, rate, when...) about the lower denoms, 250, 500 and 1000 with new security features, publicly.  There was an article about the high level training of the trainers (trained on the new). Well they did that over a ten day period that finished up this last Thursday. ...They have had training on the new currency to becoming out in the Month of October they told us per articles....(post 1 of 2).... 

10-29-2018   Newshound Guru MilitiaMan   Well by turning off Iran today real close (possibly days ago), they won't let them use the old IQD nor the New IQD, and or the USD per sanctions that apparently are in place early, and they don't have the new IQD yet.. Fascinating, if that holds true.  The new currency looks to be the trigger point to seriously put the squeeze on... If the Iranians can't use the old and don't have the new, they'll not benefit from the new Real Effective Exchange Rate for the New IQD. Man, if that holds true, there are going to be some folks feeling a lot of economic pain... Imagine, your seating on 10 million IQD and in Iran? Can't spend them or exchange them for USD nor New IQD...They are effectively worthless to those imposed by sanctions.. imo.!...(post 2 of 2)... 

 

 

[ronscarpa]

Any late posted opinions will be posted below as a Reply...!  RON

[ronscarpa]

10-29-2018   Intel Guru RayRen98   US banks can’t “call” the RV, but they’re still expectant about this week..!  According to the CBI – “A stable country with a stable government = change in value of the country’s currency.”  N’estce pas? The CBI has already acknowledged “a stable country financially” and now we await their declaration of “a stable government.”  (which seems to now exist)