Tuesday Night Guru Opinions @ 11:25 PM EDT - 10/01/2019

[ronscarpa]

 

 

10-1-2019  Intel Guru Frank26  ...the Iraqi dinar is live on NASDAQ and Forex and a lot of currency counters...If it's on NASDAQ does it have a different rate to it?  No.  I told you yesterday they can come to NASDAQ with a program rate...it is now going to be on the international boards trading...the dinar is now playing with the big boys and big boys don't play with program rates...

10-1-2019   Intel/Newshound Guru sandyf     It is totally irrelevant how much currency is held where, the only significant figure is the liability on the CBI that appears in their accounts. At the end of August that figure stood at over 48 trillion dinar and the IMF projection takes that figure to nearly 60 trillion over the next 5 years...  How can the projected figure be higher unless they keep printing and selling IQD at auction - which is something they all agree will soon need to cease.

 

10-1-2019   Newshound Guru Kaperoni   The Iraq government is striving to create a market economy with private investment. Doing so would bring substantial money into the country. This would create inflationary pressure on the financial system, the solution is to float the currency to relieve that pressure. It also would allow the CBI to profit by controlling the currency, buying and selling making commissions. Any kind of RV would circumvent those tools...(post 1 of 2)...

10-1-2019   Newshound Guru Kaperoni   I want to point out to critical events between now and the end of the year. One is the vote through Parliament on Special Grades, the other being the 2020 budget which the supposed to include the launching of the market economy. Iraq is at a critical stage right now not only with an abundance of laws that still need to be passed, but they are in dire need to lure private investors in to rebuild...(post 2 of 2)... 

 

 

Edited October 2, 2019 by ronscarpa