Monday Midnight Guru Opinions - 12/23/2019

[ronscarpa]

12-23-2019   Newshound Guru MilitiaMan   There is nothing I see that warrants or supports the rumor of an RI going into March of 2020...  1) The CBI told the world they will need to be prepared to modify contracts. That supports a rate change is coming. imo  2) The Iraq Trade Bank on 12/01/2019 told us they were doing just that. They suspended loans for the month out to 01/01/2020. Another supporting factor a rate change is expected...(post 1 of 5)... 

 

12-23-2019   Newshound Guru MilitiaMan   3) The CBI shows large out put of money allocations over this last year of about 6-7 million a month for currency printing.  As of 30-60 days ago the CBI shows a very large increase in allocations as much as 3-4x as much per month over a two month period. The take away there is minting coins is more expensive than paper printing. This too supports a rate change is to come. imo A strong one too. imo.  4) There was a recent Debt payment of $20 billion that was paid. Thus, a clue as to how high a rate change could be supported. Less debt = more value, imo.. A supporting piece of the puzzle as well...(post 2 of 5)....stay tuned tomorrow...

 

 

12-23-2019   Newshound Guru Kaperoni   I do agree Iraq can buy the majority of dinar in circulation if it chooses to do so but only at or about the current exchange rate.  They could never do so at a $1 to 1 rate. 40+ trillion is just to much.  That is why the dinar must float.

 

12-23-2019   Newshound Guru Adam Montana   ...Back in early October 2019, the people of Iraq finally had enough...following those protests, or during them, the most recent Prime Minister (Mahdi) resigned. ...By law, there was a period of time to appoint the next leader. ...it is well known by all involved in the process of appointing the next Prime Minister that it must be a candidate who will be accepted by all political parties, and also the people.  In fact, "most importantly, the people."  This puts a very bright light not only on who they appoint, but also what happens in the very near future...(post 1 of 2)... 

12-23-2019   Newshound Guru Adam Montana   ...unless the next person gives them something good, and fast, they will be rioting again.   ...things should be happening fairly quickly...instead of the usual weeks or months of delays, we are seeing a different Iraq...The people aren't going to wait long. They want change, and they want it fast...it's looking pretty obvious that someone is going to have to bring it. Or else...  Today or tomorrow we should have an announcement on who is going to take the responsibility for that change...it may be a surprisingly great Christmas after all! ..(post 2 of 2)... Taken from another site that follows Adam's Opinions & posts them.

 

 

Edited December 24, 2019 by ronscarpa