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Saturday Evening Guru Opinions @ 7:10 PM EST - 12/08/2018


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12-8-2018   Intel Guru ADMINBILL  MANY TEXTS RECEIVED YESTERDAY REPORTING HAPPY DAYS ARE CLOSE AT HAND...

12-8-2018   Newshound Guru Breitling   Article: “Iraq, Kuwait and Qatar are the only major OPEC producers able to balance their budget.  According to current prices of 58 dollars per barrel Iraq, Kuwait and Qatar are the only major producers who can balance their budget…Kuwait needs $48 to reach break even point.  While Qatar can balance it’s budget by a barrel of oil of about $47…according to IMF data Iraq requires $55 per barrel.”  So there we have it…the budget that I had and the numbers I was looking at was about $58 to $60.  So I don’t know where these numbers come from but let’s assume these guys are right they’re saying the data came from the IMF.  “Iraq requires $55 per barrel to achieve a break.  Saudi Arabia needs $88.”  We know Saudi Arabi doesn’t need $88 anymore because they got opened up to U.S. markets.  So the UAE needs $71.  Amman [Jordan] needs $77.  Iran needs $111…and Libya needs $114.  So that’s what we’re looking at, $55 per barrel.  Remember it’s long-term…We’re trying to shut out Iran.  We’re trying to offer a way out to Iraq that makes them a partner with us.  And they’re probably going to take it because they’re looking at what’s happening with Saudi Arabia.

12-8-2018   Newshound/Intel Guru Mnt Goat  Article:  "THE DELAY IN THE FORMATION OF THE GOVERNMENT IN BAGHDAD HAS HINDERED ACCESS TO LOAN FUNDS AND GRANTS so because it is taking so long to form this new govt, it is now beginning to overflow into the financial system of Iraq too. Can you see why they need to choose an honest minister of interior? So it not all about the dinar RV that is holding up the funding from investors but rather the elections.

 

2-8-2018   Newshound Guru Breitling   …Understanding what Iraq needs to do.  Understanding where Iraq’s currency is at and looking at the historical numbers on where they lost it’s value…how they keep their value down.  What advantages they have keeping the value down.  What advantages do they have…adding value to it.  There’s nothing more than that…we’re speculating based on those principles. And that’s how people do it.  A lot of the people that were involved in helping that country [Iraq] set up their currency are officials in the United States.  I know these people.  Not all of them, some of them.  They all have dinar...  

12-8-2018   Newshound/Intel Guru David M. Witty   Iraqi Parliament expected to vote tomorrow on remaining unfilled cabinet positions.

12-8-2018   Intel Gurus Delta and Frank26   They changed how they are putting their mathematical rate on their site. This is exciting...they didn’t give us an exchange rate. Because now we’re going to have the exact exchange rate based on international calculations, which is where it’s going to be $1.50 to $2.00, $3.00, whatever they come up. But definitely the numbers are all calculated...It looks like the CBI now is ready to release the new rate and it could happen at any moment now...

 

:salute:.......:tiphat:

Edited by ronscarpa
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12-8-2018   Intel Guru Delta   ...So what’s gonna happen is remember, they’re going to introduce the lower denomination notes and add value that’s going to replace and phase out the 3-zero notes. So how much do they have in total? They have about 43 trillion outside the bank, which is worth about 40 billion dollars. So..., this 1 trillion dinars they have, they should have a very high value, in order for them to replace THE WHOLE VALUE of the 43 trillion dinars. ...So the calculations, the mathematics is going to be like this: 1 Trillion New Iraqi Dinars is going to be equivalent to the 43 Trillion Dinars. This is really HUGE and amazing. So the exchange rate has to be, based on we’ve got here, has to be close to $2.85 to $3.00...

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