Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

Sunday Afternoon Guru Opinions @ 3:55 PM EST - 3/17/2019


Recommended Posts

 

3-17-2019  *** Dinar News Update ***  It appears the Iraqi Dinar has been maintained the IMF 2% rule for the Baghdad Market rate vs Official rate for 1 year. (The CBI has reported compliance in the full Iraqi Market for 5 months).  This is a very long period of stability for the dinar!  You can always see the Market and Official rates posted in the Iraq & Dinar Related News forum where the Dinar Sales are shown daily by Yota or myself.
 
3-17-2019   Intel Guru MarkZ   Historically RVs have happened on a Tuesday or a Thursday... We were told ...way back when that we would go to bed on a Sat. night and rates would change and we wake up Monday to all new rates.

3-17-2019   Newshound Guru larrykn
    the pressure on the CBI is a good thing...they talk about opening the ATM machines to pay salaries and such.  If we look at the destruction that happen over there I believe they need more banks with ATM so the customers can get to their money, this will take time and this might be the reason they are taking their time. but then again the seating of the rest of the cabinet might be part of that too.  I'm just not sure that is a requirement for Iraq to move forward.  We will see, soon.  I hear parliament will meet again on the 23rd, we can only hope they can get them seated.

3-17-2019   Newshound Guru Kaperoni  Folks need to understand, Iraq is not going to raise the value of their currency arbitrarily.  If it goes up in value it will be because the world helped Iraq rebuild and prosper.  New central bank article today calling on the politicians to stimulate the real sectors of the country putting pressure on the CBI.  This is what I have been saying all along..!
Have a great Saint Patrick's Day Everyone...! :tiphat:
 
  • Like 1
  • Upvote 3
Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    No registered users viewing this page.



  • Similar Content

    • By ronscarpa
      Good Evening DV, here's a few opinions & comments that might be of interest to you. Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
       
       
      *** Walkingstick and Frank26  They finished.  They found the sweet spot.  They collected enough of the three zeros.  We believe over 40 trillion extra.  They are very happy with what they have as far as their numbers - the counts of the notes...we sense a rush to this process...they'll meet this coming Saturday.  They're putting together the poster-boards to show to the citizens...This coming Saturday they are making their final decisions...          

       
      *** Bruce   We were under the impression that Iraq had read their budget...our understanding is they did read the budget 3 times ...We did not get confirmed whether that made it into the “official” record or it may have made it into the official record and just held back so we did not see it - because if we had seen it  - it would release the actual value of the Iraqi Dinar ... it looks like the budget was passed – it looks like they might have a new rate...

       
      *** Mnt Goat  Article: "AFTER THE ECONOMIC CONSEQUENCES...THE DEVALUATION OF THE DINAR "PREPARES" FOR NEW PROBLEMS FOR THE IRAQIS"  Quote: "IT FORMED A NEGATIVE IMPRESSION ON THE INVESTMENT SECTOR, so that IRAQ HAS BECOME A REPELLENT ENVIRONMENT FOR FOREIGN INVESTMENT." ...this article tells me they must raise the rate of the dinar against the dollar very soon or they will never rebuild their economy. We know the main reason they did this was to pay off their outstanding debt...

       
      *** Adam Montana  We have some optimism on the Budget side, namely: Articles: "Barzani's party affirms guaranteeing Kurdistan's share of the budget: "No obstacles" so far"; "Parliamentary Finance: The budget will be ready next week"   If the Kurds weren't happy with their share, there would be a problem with HCL.  This says the opposite - all in agreement, ready to go next week, and that says to me:  Let's go HCL! ...GO RRRRVVVVV..!!!  Taken from another site that follows Adam and posts snippets from his chats. See Adam's full chat on our DV Chat Logs forum at: Adam Montana Weekly 20 January 2021

       
      *** Mnt Goat   ...they already told us in many previous articles that they have already collected substantial amounts of the currency and that electronic banking is now effective in every major city. We also know that limited amounts of the newer lower denominations are in fact already printed. ...do not give up on the reinstatement of the Iraqi dinar. It will be reinstated when the corruption both in Iraq and in the US is dealt with and things settle down...

       
      *** Walkingstick and Frank26   IOO they are finished with the tally.  They are finished collecting the 3 zeros and they are happy with the results.  The CBI is very pleased with the note count...this Saturday coming up they will continue to meet...It is our opinion that they are now going to talk about the new small category notes [NSCNs]...the topics they're covering are - how they are going to present it to the public.  Which ones because they may not come out with all the categories/denominations at the beginning.  The value.  In other words the exchange rate.  The note count that is to be distributed - how much are we going to be putting out into the streets.  They will continue the distribution of these notes even as they bring in the 3 zero notes before, during and after this whole process.  There seems to be a mad rush to do this.  We believe they brought in another 40 Trillion 3 zero notes.  
       
       
      *** Frank26    the budget itself is about to come out.  Now, if they come out with the budget, it's exposed.  It goes into the gazette and everyone will be able to see what the rate is...the exchange rate is not waiting on the budget.  The budget is waiting on the exchange rate and now we see the budget ready to be released for the 3rd reading.
       
      That's all for today folks ... Blessings ... RON
    • By ronscarpa
      Good Evening DV, here's a few opinions & comments that might be of interest to you. Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
       
       
      *** MilitiaMan *** They want to Track...The Money...And the supplies...And the corruption.  Level playing field...the private sector is what they are talking about...businesses from all over the place.  To get the private sector they need an internationally accepted traded currency.  They have to have article 8 compliance.  They have to raise the value of their currency.  And that is what they are talking about...

       
      *** Walkingstick *** "THIS SAT THEY WILL DISCUSS THE NSCN'S:  HOW THEY WILL PRESENT IT TO THE PUBLIC...WHICH NSCN'S WILL BE RELEASED...THE VALUE AND THE NOTE COUNT TO BE DISTRIBUTED...AND THERE SEEMS TO BE A MAD RUSH TO DO THIS".
       
       
      That's all for tonight folks ... Blessings ... RON
    • By ronscarpa
      Good Afternoon DV, here's a few opinions & comments that might be of interest to you. Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
       
      *** MilitiaMan *** It looks like...the reducing of the value of the local currency [Iraqi dinar]...wasn't a good move.  The devaluation created more inflation.  Pricing has gone up 30 to 50%.  That's not only from the articles, that's what we're getting from people who actually are over there...Are they going to keep it at 1450 for another year?  My personal opinion is they will implode...for them to pay taxes they are not going to be at 1450...It just does not make any sense to anybody that they would do that.  What's more likely is that they change the rate again in early 2021...   *** Footforward *** Right now there isn't a ton of RV info to talk about. Iraq is basically going in circles and I suspect they will keep doing so until Iran is delt with...They aren't holding because of Iran...But there is something that needs to be broken with Iran.  
    • By ronscarpa
      Good Afternoon DV, here's a few opinions & comments that might be of interest to you. Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
       
       
      *** Pimpy *** Article: "The Foreign Ministry talks about its measures to remove Iraq from the list of money laundering"  This is good. They need to get off this list. There's all kinds of sanction and penalties...with Iraq for being so corrupt over the last couple decades. They're really starting to get their ducks in a row...we want them off this list.  That's a good thing.

       
      *** Pimpy *** Article: "American diplomat James Jeffrey: Trump's model will continue in Iraq and Syria"  This article is long but what it does it goes on to explain that the way Trump approached dealing with the Middle East obviously was nothing like prior administrations...he would go down to the ground level and speak directly to those who were boots on the ground and from there make his own decisions.  It worked obviously.  
       
       

    • By ronscarpa
      Good Morning DV, here's a few opinions & comments that might be of interest to you. Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
       
       
      *** MilitiaMan *** Article:  "On Saturday, the House of Representatives ended discussion of the budget bill for 2021." Quote: "determining the price of a barrel of oil and currency exchange in the budget law are the government's prerogatives, indicating that The implementation of the budget law requires reducing the volume of total spending and activating the private sector, both industrial and agricultural," ...Activating the private sector. That my friends is imo going to a market economy, whereby, activating the industrial and agricultural sectors to create jobs. The real exchange rate will do the trick..   *** Ray ***  It’s a great day and getting better. On Saturday Parliament resumed discussing the budget saying next week will vote and on tv  and saying Iraq in discussions with fractions to be removed from money laundering list...   
  • Testing the Rocker Badge!

  • Live Exchange Rate

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.