Wednesday Evening Guru Opinions @ 6:05 PM EDT - 6/12/2019

[ronscarpa]

 

6-12-2019   Newshound Guru G-Lin   Article:  "Preparation for the conference to launch electronic travel cards "   Article quote:  "The establishment of the Conference of the launch of electronic travel cards issuance of electronic cards for Iraqi citizens to motivate them to use these cards during the payment period expenses (purchases - hotels -  ... Buy the dollar at 1,200 dinars. ...This bank will settle the cards abroad by selling them dollars at a price. Aqh sell the currency, the dollar against the sale of citizens at the price of 1.200 dinars through purchases of cards."  This sounds like the price in country will be 1,200 dinars per dollar. And abroad it will be 1.200 dinars per dollar. I'm not sure if it is a typo or they are telling us the rate. wow...This is the CBI site btw... I think this is pretty much what a rv will look like. Very little change in country and only us abroad will feel it. It sounds like this conference coming up next month will be a huge educational tool for the peeps.
 

[Artitech]

This goes against everything that I have come to understand about this investment!!

[ronscarpa]

17 minutes ago, Artitech said:

This goes against everything that I have come to understand about this investment!!

 

Like he said, it might be a "TYPO", but it is what is on the CBI website. I would think that 1 IQD will equal 1 IQD in Iraq, but the buying power will depend on it's value in the international market. If the IQD was 1.2 to the US$ internationally that would be 83.3 cents which is where many of the original gurus were saying it would be (86 cents). We will see what happens soon enough...! Ron 

Edited June 12, 2019 by ronscarpa

[new york kevin]

3 or 4 day old news.