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Monday MidNight Guru Opinions - 12/17/2018


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12-17-2018   Newshound/Intel Guru Mnt Goat   SO WHERE ARE WE IN THIS INVESTMENT RIGHT NOW We are waiting for the government to get “fully” formed and settle this political crisis. There is and always has been a requirement to have a fully functional government in place and an adherence and “full” implementation of the Iraqi constitution to get the reinstatement of their currency. We can see that the CBI is ready to do something with so much talk and emphasis now stemming around these smaller category notes. We know that the ATMs are launched already and dispensing these notes for petty cash...(post 1 of 2)....

12-17-2018   Newshound/Intel Guru Mnt Goat   Many now also have credit and debit cards to pay their bills and so don’t walk around with wads of cash. This enabled the CBI to reduce the 3 zero notes by 2/3, which was part of the plan they told us in 2011 had to happen as part of the project to delete the zeros. Overall this is all VERY good. But this is a VERY slow process...So as outside investors in Iraq we...sit and wait...our wealth will come from a simple reinstatement of the currency back to the trading platforms and going international once again...(post 2 of 2)...

 

 


12-17-2018   Newshound Guru Kaperoni   Looks like parliament will try again tomorrow to complete PM Mahdi's cabinet.  Let's hope so..!   
 

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