Wednesday Morning Guru Opinions @ 10:50 EDT - 10/02/2019

[ronscarpa]

 

10-2-2019   Newshound/Intel Guru Mnt Goat   Just remember the banks do not make the decision for anything. They simple want the new rate to show up on FOREX and when it does they can use it “legally” to exchange customers who to come in with their currency.  ...When the IQD does come back on FOREX and the other global currency exchanges it is called a “reinstatement”.   The rate given hopefully will reflect the true and accurate value of the dinar...(post 1 of 2)...stay tuned...More to come...

10-2-2019   Intel Guru Frank26  ...they've come to the realization that a dinar is a dinar in the country no matter what. 1 to 1 to the American Dollar.  They're not going to go any higher than that...once they lift the value they will bring in the three zeros with no problem...it will take years to bring in the 3 zero notes.

10-2-2019   Newshound Guru Kaperoni    Iraq's Parliament announced today the 2020 budget will be submitted around middle of October for review/voting. So we'll get a good indication what they finally concluded the deficit will be.   Expectations are as high as $70 billion as they attempt to launch a private sector.

 

 

Edited October 2, 2019 by ronscarpa