Saturday Afternoon Guru Opinions @ 4:15 PM EDT - 5/25/2019

[ronscarpa]

5-25-2019   Newshound/Intel Guru Mnt Goat   ...we hear new news from the CBI that they are distributing yet more of the 250, 500 and 1000 category notes. WOW..! I am excited..!   ...seems maybe they are moving now slowly and cautiously into the next phase.  This move tells us that what they are doing with the electronic banking and elimination of hard currency in circulation of the very large three zero notes is working and emphasis is now all being placed on using the lowest of the already issued lower categories 250, 500 and 1000...(post 1 of 2)...

 

5-25-2019   Newshound/Intel Guru Mnt Goat   However, this time the CBI has gone farther and re-issued the 50 dinar notes too along with the 250, 500 and 1000. This has not been done before. If you can remember way back to 2015 timeframe these 50 dinar notes were discontinued because they were not used and so now they have brought them back. But remember under the 1190 rate they are only worth a nickel (five cents USD) USD. So why bring them back now? Why load the banks with them now...? -(post 2 of 2)...