Friday Guru Opinions - 7/19/2019

[ronscarpa]

 

7-20-2019   Newshound Guru G-Lin   [Does Iran have any or a negative impact on our investment?]  ...yes it has an impact...The U.S./Iran situation is very serious and is escalating daily. Instability, instability, instability. I'm anxious to see the Art. IV statement from IMF. It is suppose to come out today...that review will be interesting. Iraq continues to look stronger and stronger economically, however, the M.E. tension is worrisome...

 

7-19-2019   Newshound Guru Kaperoni  ...we're starting to see a lot of movement with the Iraqi government to encourage investment and to start bringing capital into the country and to start to move this wheel forward...And that's what's going to cause the CBI to get off the peg because they don't want to be last to the party.  They want to be ready for when all that capital comes in because that is what's going to cause pressure on the financial system.


7-19-2019   Newshound Guru Enorrste   ...they will change the exchange regime to a float and move to article VIII at the same time.  I can't imagine why they wouldn't do it at the same time...they're banging their drums that they are ready.  There's got to be some critical point, a certain amount of money they want to see come into the country.  They are going to have to make that switch because otherwise they're going to create too much inflationary pressure.


7-19-2019   Newshound Guru Kaperoni   There's been indications in the IMF's own reports, in what's called their article IV consultations...there's been comments from the IMF...where they've told them [Iraq] to liberalize their foreign exchange, to move to article VIII.   There's been statements in those Article IV consultations that have been very encouraging regarding our investment leading us down the path of what we're looking for...freedom of movement of capital...'moving to article VIII will send a strong message to the global investment community that Iraq is open for business.'  So there is no confusion there...they have to move to Article VIII...if they want to convince the world 'hey, we're ready. Come and invest.'  So article VIII isn't a dream we're hoping for, it's a step in the process and we're just on the cusp I think of that occurring...


7-19-2019   Newshound/Intel Guru Mnt Goat    The CBI has told us that when they are getting ready to move ahead again with the “project to delete the zeros” they will tell us. They have not yet done so. They are not hiding anything or trying to give us “smoke screens” to prevent us from knowing when.

 

7-19-2019   Newshound Guru MilitiaMan   "Finance Committee in the House of Representatives: a surplus of funds due to high oil prices"    ...That money is for the citizens imo per the constitution.  It was reported that 2018 had one too.  They would have told the IMF back on the 04/10/2019 by law...imo...So if they are going to distribute the fair share to the citizens that is to be in the coming days. As in a few...lol Looking good...