Thursday Guru Opinions - 9/05/2019

[ronscarpa]

 

 

9-5-2019   Newshound Guru Vital Brad    Central Bank of Iraq    Article:   "The Central Bank Begins Steps to Join The Official Monetary and Financial Policy Forum (OMFIF)"    If that's not saying Iraq is stepping into the big leagues I don't know what is.  Independent global think tank for central banks.  And they develop major projects in London, Singapore, Washington - some of the main financial hubs of the world.   It's a beautiful thing...

9-5-2019   Newshound Guru chattels   ["which way you think this will pan out, do they delete our 3 zeros from the 25k note and we break even or do they delete the 3 zeros from the exchange rate that being 0.00084? then it would be 0.84 and let market forces take over?"]     I do not know. I have always argued/ allowed for the possibility of a "lop".  It is a recurrent notion, indeed there will be rumors and the possibility of a "lop" until there is a definitive event of some type, eh?  The persistent debate regarding "lop" or "float" or "RV" have become tedious. I am invested and will stay the course at this point for better or worse.

9-5-2019   Newshound Guru MilitiaMan    The AMF is complete in launching a special Index database for Iraqi Securities. They have it ready, as they calculated the index as being from 07/31/2019...  They showcased the ISX with the NASDAQ months ago, yet to see a live connection and today we see the AMF having completed the calculation and the database for the financial markets with Iraq. The NASDAQ has rules and for stocks (securities) to trade on the platform need to be north of $2.00 USD in value and that requires when under $4.00 being standard. So, imo they cannot do it at any rate.. jmtc. When they go live we will be happy campers...


9-5-2019   Intel Guru Frank26  ...the Central Bank of Iraq is on a major campaign right now.  And it's happening so fast we can't keep up with it...there is a massive campaign that is out there right now by the Central Bank of Iraq to let everyone inside of Iraq know that they are going through a monetary reform...right now we're dealing with the interior of Iraq, the citizens, because if it doesn't work with them it's not gonna work with you.  It's not gonna work with the international markets...this massive campaign is out in full force...it's exploded even more...the citizens are being primed.  They're being pumped.  They're being educated.  They're being motivated.  They're being stimulated...



9-5-2019   Newshound Guru Kaperoni  [I don't care how it gains value as long as something happens!]  Well hopefully it will start in the next 3-6 months... Everyone...should be hoping that come the first of the year, the laws are passed and international investors are lined up to bring money into Iraq to rebuild and support a market economy.  ...one thing is sure...Iraq expects 70 billion from private investors in 2020.  ...70 billion USD is a lot of potential pressure for the CBI. 

9-5-2019   Newshound Guru Kaperoni   [Ultimately isn't it the CBI that makes the decisions?]  Yes the CBI has to do it.  But no because Iraq has to follow the Stand By Agreements they signed in exchange for loans over the years with the UN, IMF and WB...And the IMF became the Trustee of the CBI in Dec 2015 per agreement signed. Therefore, I see the IMF directives going forward.  And if you look at the success of the CBI since Dec 2015 their has been several successes including reducing the spread to within 2%, maintaining a stable exchange rate for over a year, and significant progress on money laundering. 

9-5-2019   Newshound Guru Kaperoni  ...why would Iraq be working so hard to create a market economy and get private investment if they did not plan to follow the IMF directive to float the dinar?  I believe that is why we have not seen the CBI do anything as of yet...The conditions for the float are not in place...meaning the laws and investment.  ...People tell me all the time...We don't trust the IMF. Or what proof do we have the IMF is in charge. etc.  Well my question is...when has the IMF been wrong with Iraq? When has Iraq not done what they IMF asked? 

[ronscarpa]

Thanks for the down (-) ass_ole...! I'd like you to post one good reason why, when I'm only posting opinions from out in Dinarland, and bringing them here for our DV members to see what is being said...  I usually delete the blatant fabricators, and try to only post those who have been involved & observing this IQD investment for years. RON

[Synopsis]

1 minute ago, ronscarpa said:

Thanks for the down (-) ass_ole...! I'd like you to post one good reason why, when I'm only posting opinions from out in Dinarland, and bringing them here for our DV members to see what is being said...  I usually delete the blatant fabricators, and try to only post those who have been involved & observing this IQD investment for years. RON

 

Ah, RonScarpa, JUST a Red Rubymeister Giving YOU Red Ruby Citations As Badges Of Honor For YOU For "Display Of Intellectual Speed And Power" out of THEIR "intellectual" "envy"!!!

 

I give YOU purple trophies AND emeralds INSTEAD. I trust YOU don't mind!!!       

 

 Thank YOU, RonScarpa, AND The Very Best Of Your Weekend To You!!! 

 

Go Moola Nova!

[miquel]

6 minutes ago, ronscarpa said:

Thanks for the down (-) ass_ole...! I'd like you to post one good reason why, when I'm only posting opinions from out in Dinarland, and bringing them here for our DV members to see what is being said...  I usually delete the blatant fabricators, and try to only post those who have been involved & observing this IQD investment for years. RON

I would assume the negative is a reaction to the message,  not the messenger,  Ron. 

[ronscarpa]

8 hours ago, miquel said:

I would assume the negative is a reaction to the message,  not the messenger,  Ron. 

 

Miguel,

This character downs almost everything - good, bad, and in-between. Not just opinions here. I'm in Cancun for my son's wedding today, and I wasn't in the mood for this clowns negativity. It's not the minus, just the principle. If you don't like opinions, don't read them...IMHO..!   I'd like "him" to give me the one good reason. Again, an opinion is just that - an opinion. Thanks.RON 

 

Edited September 8, 2019 by ronscarpa