Sunday Afternoon Guru Opinions @ 3PM EST - 12/02/2018

[ronscarpa]

 

12-2-2018   Newshound/Intel Guru Mnt Goat   Is the dinar really already 120 : 1 in Iraq?  ...this may have been just a wild and wide swing in the marketplace in very isolated towns due to the sudden shift from the currency auctions when the decision came out to use dinar in place of the US dollar for trade with Iran.  ...So then the dinar rate could rise against the US dollar and swing very suddenly.   It may have done this last week...(post 1 of 2)..

12-2-2018   Newshound/Intel Guru Mnt Goat   The CBI MUST change its program rate to legitimize this rate change after so many days, according to meeting Article 8 requirements. ...If it does not it will not be within the 2% mandatory compliance as set under Article 8. ...The question is for how long can the CBI hold off until they must change the program rate to stay within compliance to Article 8?  So far it has been a week already and they have not done so. ...We have also heard rumors that the 120 :1 is now showing up on the ISX...it is NOT TRUE!  ...We could be in for a nice Christmas if all goes well...I do know there is a target for LATE Dec to EARLY Jan....(post 2 of 2)...

 

 

 

 

12-2-2018   Intel Guru Frank26    
     HEADINGS
Exchange Iraqi dinar globally 4:00 AM Baghdad time  
Iraqi Dinar Exchange Worldwide 4:00 AM Baghdad Time  

     foreign currency / US Dollar
1 USD = 1,191.0000 Iraqi Dinar  
1 Iraqi Dinar = 0.0008 USD 

...WHAT WAS ONCE BEING TESTED...LAST YEAR WITH WS'S [Gruu Walkingstick] FIRM AND BANKS...IS NO LONGER ...INSTEAD NOW BEING IMPLEMENTED PERMANENTLY..!

 

 

12-2-2018   Newshound Guru Kaperoni   [Isn’t article 8 the reinstatement of their currency on to international trading platforms?]   No.  It is a standard of banking practice.  The dinar is international now, just most if not all banks choose not to trade or do business with until that standard is met.