HOT - Friday Evening Guru Opinions @ 7:45 PM EDT - 4/05/2019

[ronscarpa]

ALL GOOD NEWS...!

 

4-5-2019    Newshound/Intel Guru Mnt Goat   "Breaking news… The 2019 Budget is now opened"  Well, well, well…it looks like Iraq has finally opened their 2019 budget and paid out at the 1180 rate according to this article. So we all know what that means. We need to settle down, relax... This is going to be yet another end of year January 2020.  But my CBI contact was correct. They did pay out and open the budget this week. Just not at the rate we all wanted.

 

4-5-2019   Newshound Guru larrykn  Articles:  "Iraq provides Saudi investors 186 investment opportunities...";   "Saudi Arabia pledged a grant of one billion dollars for Iraq and is preparing to sign 13 conventions with him.";   "Iraq and Lebanon are discussing lifting the visa between the two countries"   Lots of deals going on over there right now, all good news.

 

 

REPOSTED:  4-5-2019   Newshound Guru G-Lin   Article:  "Parliamentary Finance intends to develop mechanisms to maintain the stability of the dinar exchange rate"  Quote:  "the financial Parliament is keen to enact the law of financial administration as it gives a complete road map of the financial policy in the country in terms of management of money and cash in the state', indicating that 'the change will raise the exchange rate of the Iraqi dinar against foreign currencies while maintaining the stability of inflation in the country."  I think the vote on draft of the financial administration law is huge.  This may open the door. If they vote on it or enact it, it could be what is necessary to change the value of the dinar.  They told us it will raise the value...(REPOSTED from this afternoon).

 

Have a great weekend everyone. Blessings...!

RON