Tuesday Morning Guru Opinions @ 10:40 AM EST - 11/05/2019

[ronscarpa]

 

 

11-5-2019    Newshound/Intel Guru David M. Witty     In Iraq, protesters demand dissolvement of Parliament & early elections.

 

11-5-2019   Newshound Guru Jeff   ...the news is now suggesting to us we are very close.  They're now talking about the reforms.  They're talking about amending the Constitution.  All of these steps are post rate change steps...a little more time is needed because all of this involves money...we're waiting on that [2020] budget.  But when you look at the news it does show you we're very close...

 

 

11-4-2019   Intel Guru Delta   [via Guru Frank26]    ...this was posted on the Warka Bank website. "The par value is 1.00 IQD" and it was printed in the Saudi Arabian newspaper.  It's Warka saying the par value of one Iraqi Dinar is [equal to] ?X?X  ...we have a Saudi Arabian newspaper that caught on and said look this is Warka and they're showing the Iraqi Dinar at 1 dinar.  To What?  The answer is to the American Dollar IMO... THE PAR VALUE is the price of 1 share of Warka stock now traded on the ISX. I posted yesterday the Warka ISX information.

 

 

[ronscarpa]

Warka Bank for Investment and Finance (on ISX)

The par value is    1.00IQD

Trading Currency Iraqi Dinar

Company Statistics

Current Total Shares    105,072,250

Sharecapital:  105,072,250.00

https://www.mubasher.info/markets/ISX/stocks/BWAI

[ronscarpa]

Posted at 11:15 AM EST:

 

11-5-2019   Newshound/Intel Guru Mnt Goat   ...This past couple days Iraq met with the UN...the UN has stepped in and threatened that, if the killing does not stop, Iraq may re-enter back into Chapter VII. We know that Iran would luv this to occur as this would mean continuance of the currency auctions...So to meet some of the demands by the protestors, a decision has been made to finally pay the citizens their monthly HCL allocation... Remember also that HCL money, when paid out, has to be paid out at a rate over $1.00 USD. There is no way to get around this...(Post 1 of 2)...Part 2 to be posted shortly..

[wildeman]

Thanks Ron. Question on Waka Bank investing, should we or could we use our IQD currency to invest, is that a better 

strategy to make a return? Not sure if this has been asked before. Not sure how to go about it.