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ronscarpa

Wednesday Night Guru Opinions @ 10:05 EST - 11/07/2018

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11-7-2018  **** Dinar News Update *****  After a month of no updates...the CBI reported the MARKET rate of the dinar today as 1204. The update included the MARKET rate for every business day between October 8th and November 7th which traded between 1203 to 1208 over this timespan.  These rates are well within the 2% IMF requirement between the OFFICIAL rate and the MARKET rate some gurus feel must be maintained for Article 8 compliance.  Stay tuned as more information comes in from the Central Bank of Iraq.  The latest guru posts for today continue below...
 
 
11-7-2018   Newshound Guru chattels    #Iraq parliament met Tue but did not consider completion of cabinet. Next meeting scheduled for Thur...Tune in tomorrow...

11-7-2018   Newshound/Intel Guru Mnt Goat
   Article:  "PROJECT TO BE DISCUSSED BY THE PARLIAMENT, REDUCING THE NUMBER OF VICE PRESIDENTS FROM THREE TO ONE"     This article is one that I consider a WOW article. ...First we find out why Maliki has not yet been prosecuted for the fall of Mosul. Then we can see the political maneuvering by Maliki to save his own skin. Simply put – he wants the immunity and he needs the VP position. Secondly we see how they have not yet announced the three new VPs and want to change the constitution to have only one (1).  But this will be very difficult to do since what tribe will the VP belong to? Right now its a balance between the three tribes as each Sunni, Sheite and Kurd is represented. We are told that they would be announced at the same time as the rest of the ministers. The count for the ministers is now up to 6 from 4 last week that are not yet ratified. There are a total of 8 still to be announced and voted on.

11-7-2018   Newshound Guru Adam Montana    ..."Mahdi is cleaning house". YEP! The wheels are turning.  The transition is rolling along, and that's the best news we can ask for. Keep it moving, Mahdi!   I see all of this as a good sign. There are no major upheavals, nothing shocking, and nothing scary has happened in the last week. Things are proceeding smoothly...we DO have is solid progress...Stay patient, friends.

11-7-2018   Newshound Guru Breitling   What did Iraq say they were going to do?  They even told everybody how they were going to do it and the time period they are going to take to get the currency you and I have off the market and introduce the new currency that represent the higher rate that can interact with the rest of the world.  There is a transition period in the middle of that.  Nothing more.  It’s not complicated.  Everybody makes things more complicated than they really are.  Everything is simple…always start with the intent of what the CBI wants to do.  They want to add value to their currency…That’s it.

11-7-2018  Intel Guru Delta & Newshound Guru MilitiaMan   
   IQD/USD (IQDUSD=X)
   Previous Close   0.001
   Open   0.001
   Bid   0.001
   Day's Range   0.001 - 0.001
   52 Week Range   0.0008 - 0.0009
   Ask   0.001
Now that is interesting movement in value and if it holds then, a international calculation can get applied to it in short order...IMO.                                            Not exactly sure what this means, or is supposed to mean; and on what platform...! :confused2:
 

11-7-2018   Intel Guru Bruce   [via PinkRoses]  ...yesterday we understood our President along with Steven Munchin, our Treasury Secretary, and Mike Pompeo, our Secretary of State that we had some interesting couple of phone calls in the morning with China, with President Xi and the Minister of Finance. They were very positive calls. As a result there was an encrypted letter sent all the way to the West coast, the Big R, and it was more or less, I believe, it was instruction of the timing to release everything...(POST 1 OF 2)... 

11-7-2018   Intel Guru Bruce  ...We had back...this past Sunday...information that talked about dates. We had information that talked about the 7th and 8th, tomorrow [Wednesday] and Thursday. I feel like that is probably in the right realm where we should be.  So I feel like we're in the place where things could happen.  ...we know Iraq is done. We have a rate...that is solid on the front screens at the bank. It is solid and it reflects which is going to be seen if it is not seen already, on the CBI site... I think everything is coming together nicely...we are pretty much lined up and ready to start...(POST 2 OF 2)...
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17 minutes ago, jaybake said:

What is Guru Bruce smoking?  I want that too!! lol

pot will probably be legal down here in Mexico in early December...

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35 minutes ago, jaybake said:

What is Guru Bruce smoking?  I want that too!! lol

 

With Jeff Sessions being ousted, you might have plenty of federally legal opportunities. 👍👍

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    • By ronscarpa
      11-19-2018   Newshound/Intel Guru Mnt Goat   Article:   "The Iraqi market for securities announced the launch of the circulation of national bonds issued by the Central Bank of Iraq category five million dinars."  To me this means the intent if to be sold to Iraqi investors inside Iraq. It says absolutely NOTHING about selling these bonds on the international securities markets. ...So if you want to buy any of these bonds ou will have to go Iraq and trade within the Iraqi Securities Exchange. The exchange is NOT yet international...It is not all about the RV or a sign the RV is about to happen. We know from the past they sold bonds before and did we get an RV? NO! The significance of it is that they are now trading them directly on their own in-country securities market. Is this good news for us? Yes, yes, and yes, but is only one step closer to what we want. What we need is for their securities exchange market to go international. Then I would agree that this is BIG news. But not quite yet.
       


      11-19-2018   Newshound/Intel Guru Randy Koonce   Well, it seems that the “USS Dinar” continues to sail. However, it does look like this ship is about to hopefully arrive in port very soon... First, are we [we are?] in a new window of opportunity ‘right now’. And I am sure that everyone is like me, and hoping that this will be our last window.  When I say that, it again does not mean it will happen without a doubt in this current window; it does mean that there is a very good chance for the rate to finally change.  The pressure for this to take place continues to be very great. ...Iraq has a new prime minister and nearly all of the cabinet seated. While there have been a lot of rumors flying about who is and who is not over the CBI right now, I do not believe that will impact ‘the event’ that appears to have been finally scheduled...(post 1 of 2)... 

      11-19-2018   Newshound/Intel Guru Randy Koonce    I have been blessed with sources in several of the the well known 3 letter agencies. It seems that at least for now, all of my sources are once again saying the same thing. Our window is ‘wide open’ beginning right now though the end of November. Even if we don’t see it by then, that does not mean the window closes, but will simply remain open longer than we were told, and through the end of the year. Because of the sanctions on Iran, there is additional pressure for this to happen as soon as possible. It also seems that the plan is to reinstate the currency between $1- $2...then by the end of the year, to have it ‘established’ at the rate they plan to hold it at for some time. When we see a rate change, you will want to weigh you options and how you want to proceed based these suggested possibilities.  ...we are in the final stages of this... I know this administration wants this to be over and now... so we are close...closer than we have ever been in a very long time.  So, hang in there...It’s coming, one way or the other!! Breathe...(post 2 of 2)... 
       


      11-19-2018   Newshound/Intel Guru Mnt Goat   Article quote:   "...parliament is moving to take measures TO RESTORE THE INDEPENDENCE OF THE CENTRAL BANK."  I did not know the CBI lost its independence. Didn’t parliament pass a law last year establishing the independence of the CBI? So what is this all about? Will the CBI then be able to reinstate the currency too as needed?    Quote:  "the Governor of the Central Bank bears waste more than 7 Billion Iraqi dinars in circumstances attributed to the floods previously flooded the province of Baghdad. "  Alak was not the governor of the CBI in 2013, the time of the incident….hello!  ...But Alak did see the country thru the war with ISIS and managed the funds appropriately. 
       

    • By ronscarpa
      11-18-2018   Newshound Guru MilitiaMan   Article:  "The Stock Market Announces The Launch Of National Bond Trading"  Quote:  "The bonds will be launched on November 18 this year, for the first time in the Iraqi market for securities,"   They look to be international as I see it, and they are primarily for those that have very big money! Not for the little guy.. imo.. That is imo a good thing. Qualified Institutional Buyer's - (QIB). 

      11-18-2018   Newshound Guru Kaperoni  There is over 42 trillion dinar outside the CBI.  And there has been no reduction so far.  If the dinar is going to appreciate in value the money supply must be reduced.  The only way it could happen would be gradually...thus a float is the only real option. 42 Trillion dinar is a substantial amount...the U.S. only has about 1.2 trillion circulating around the world.  No way could Iraq support a money supply 40 times the U.S.  If a float is the solution, the dinar can rise gradually over time, as money comes into the Iraqi banks it can be collected and destroyed thus reducing the money supply from Trillions to Billions.
       A RV or RI is not possible.

      11-18-2018   Newshound/Intel Guru Mnt Goat   Article:  "CENTRAL BANKS SHOULD CONSIDER ISSUING DIGITAL MONEY (electronic form NOT crypto currency), IMF'S LAGARDE SAYS"  ...Lagarde is NOT talking about crypto currencies. She is talking about electronic currency much like the USA already adopted...the IMF wants other nations too to go more electronic. We have seen this effort in Iraq to convert them and it is successful and allows them to use the smaller category notes and moves them into the situation where they can even eventually issued more even smaller category notes.

      11-18-2018   Newshound Guru Adam Montana   ...Lots of great arguments for both this year and early 2019... I'll be happy with either, but root for a Christmas RV.

      11-18-2018   Newshound/Intel Guru Mnt Goat   Article: "Prime Minister Adel Abdul Mahdi, told President Barham Saleh that he would resign if the appointment process continues to sell ministries between the political blocs in his government."  So now we know the hold up in getting the remaining ministers. Will they conduct the scheduled announcement and voting of the last 4 ministers next Tuesday Nov 20th or will this too be held up longer?  Just in...The next session moved to Monday, 19/11 at one o’clock.” Go figure!
       
       

      11-18-2018   Newshound/Intel Guru RVAlready   The bull is flying in Iraq today: Allaq and Mahdi are both resigning. (Yeah right).  And I have a piece of swampland in a national park to sell you for $15 million. ...Allaq cannot be removed for something which happened before his time. I would treat all such rumors as false. Iraq full of bad news sources...  Remember, Allaq wants the RV. Maliki threatened to have Shabibi executed for suggesting an RV. There seem to be players who do not want a technocratic government, and who do not want an RV.  We have seen this before from Iraq. Some folks there want to take Iraq back to the former, very non-democratic times...(post 1 of 2)....

      11-18-2018   Newshound/Intel Guru RVAlready   Maliki is a bad guy. Unfortunately, lots of folks in Iraq respect him. ...I am sure Iran has some part in this.  Nobody who is former PM or president of a country is easy to totally remove. They essentially have immunity for life, and they will always have followers.  Hopefully, this will stop soon. I think Mahdi and Allaq will win the day...  The bull is probably so thick right now, because the bad guys sense that Madhi and Allaq are about to win the day...The bad guys are just trying to sow confusion and dissent...(post 2 of 2)...
       

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