Thursday Afternoon Guru Opinions @ 5 PM EDT - 4/18/2019

[ronscarpa]

 

4-18-2019   Newshound/Intel Guru Mnt Goat   Article: "MINISTRY OF INDUSTRY AND MINERALS CALLS ON GOVT TO STOP SELLING THE DOLLAR AT THE CENTRAL BANK AUCTION"  This is the first time recently that anyone from Iraq has come out and spoken to STOP the currency auctions.  ...just like we have been saying all along this is prohibiting the take off of industry and the economy. It is also lessening the reserve amount. In another article today we see the CBI reserves are only $62 billion. This is not far from the amount told to us last Oct 2018. We can do the math ourselves and see that the reserves should be at least $70-80 by now. I am saying this going back to Dr Shabibi times at the rate the reserves used to grow from oil revenues. Strong CBI reserves means a strong dinar.

 

[pokerplayer]

Thxs Ron. I look forward to your posts. You finding and sharing humor with everyone is a good thing 

 

  pp