Monday Afternoon Guru Opinions @ 5:10 PM EST - 1/21/2019

[ronscarpa]

 

1-21-2019   Newshound Guru MilitiaMan   Article:  "The supervisory and auditing bodies meet in the Central Bank of Iraq " Quote:   “a meeting of the bank held today under the chairmanship of the Governor, and the presence of the President of the Office of Financial Supervision, the head of the board of Securities, and the captain of accountants and auditors, and Vice-President of the Iraqi Association of Certified Public Accountants, and representatives of international audit firms (KPMG, Ernst & Young, Price waterhouse Coopers)." Alak is sitting at the head of the table and has everyone's attention...The attention of three of the largest firms in their line of work in the World. They will need to coordinate with each other from here on out.  We should all be smiling about now with the timing of the meeting.  The numbers not only on the new notes will have to be accounted for and well managed  just as contracts will be when during and after the (RD/RI/RV)  process of completion of the Monetary Reform and the re construction of the country...IMO.

 

 

1-21-2019   Newsdhound/Intel Guru Mnt Goat   [Is the CBI saying replacing the larger 3 zero notes with new currency?]   If they remove three zeros the IQD it will be replaced by a new lower category currency thus when the CBI reinstates the currency they will have to raise the rate. But they do not need to get all the 3 zeros notes changed over. In fact the plan does not call for all of them either. Once the reinstatement occurs they told us it will take up to 10 years to get all these 3 zero notes out of circulation. So the reinstatement is also pivotal in this process.

1-21-2019   Intel Guru Frank26   Article:  "The supervisory and auditing bodies meet in the Central Bank of Iraq" Quote:   “a meeting of the bank held today under the chairmanship of the Governor, and the presence of the President of the Office of Financial Supervision, the head of the board of Securities, and the captain of accountants and auditors, and Vice-President of the Iraqi Association of Certified Public Accountants, and representatives of international audit firms (KPMG, Ernst & Young, Price waterhouse Coopers)."   INTER .............. NA ...................TION ............... AL !!!

 

 

1-21-2019   Newshound Guru MilitiaMan   We just watched a few of the largest firms in the world have a meeting with Alak today. All in the same room. ...Iraq is ready and they had to get on the same page for whats coming now, as it will be different than before. imo..  The meeting with those who dot the I’s and cross the T’s were at the central bank today and word is there was cargo leaving the banks at night.. Makes one wonder at this present time why? Don’t forget, the central bank issues cash... all imo.
 

 

[ronscarpa]

 

1-21-2019   Intel Guru RayRen98   ...The Budget is "supposed" to be voted on during Tuesdays' session. Members are dissatisfied with Mahdi's progress during his first 100 days.

[ronscarpa]

The "Red Down FOOL" is at work again...just for the heck of it to show he's around...!