Monday Afternoon Guru Opinions @ 3:30 PM EST - 11/19/2018

[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. 

 

[Karsten]

I read earlier what Randy Koonce had to say....Haven't heard much from him lately. As I recall randy is one with a pretty good repin Dinar Land.

 

Karsten