Saturday Afternoon Guru Opinions @ 4:25 PM CST - 12/21/2019

[ronscarpa]

12-21-2019   Newshound Guru Jeff    ...I saw one of the more popular gurus come out and say that there's nothing left for Iraq to do other than just change the rate and that is completely incorrect...if there's nothing left then why the hell am I still waiting? ...what are we still waiting on?  How do we know the rate is even going to change?  What reveals to us the rate is gonna change? ...Iraq has done more within the year of  '19 than they've ever done before...between January through June they were putting together contracts for trade agreements...Iraq cannot pay outside contractors...with the Iraqi dinar until it's internationally recognized...(Post 1 of 2)... 

 

12-21-2019   Newshound Guru Jeff    Second you have seen a lot of articles that if they were to pay for reconstruction with the current value of the dinar they risk it spiking their inflation.  So both reconstruction and trade are post rate change steps...we're waiting on the 2020 budget and it means the rate change is married to the budget because the post rate change items are inside of the budget...based on all those items that does suggest to us that Iraq throughout the entire year of 2019 has been setting the stage for the rate change...(Post 2 of 2)... 

 

[Man_Kind]

Thanks RS !