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Tuesday Evening Guru Opinions @ 7:00 PM CST - 1/21/2020


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1-21-2020   Intel Guru RayRen98   ...Iraqi TV has legal activists saying the budget will be given to the Finance Minister and he can present it to Parliament for voting and passage since the caretaker government is limited in what it can legally do. This is being voted on in Parliament to get done so the budget can be presented...Iraqi citizens are in the streets today regarding the slow pace of reforms... Saleh announced postponement of nomination of next pm had meeting this morning with several key figures on agreement before travel...



1-21-2020   Intel Guru Delta   Article:  "Legal Spotlights on the Central Bank's Independence from the Executive Authority - A Comparative Analytical Study"    Quote:  "CBI is in the process of drawing up and implementing monetary policy"   MORE CONFIRMATION CBI ON THE VERGE OF...YOU KNOW..MUSIC TO MY EARS.


1-21-2020   Newshound Guru Kaperoni    What the guru's keep talking about (some overnight event) to delete zeros is a LOP.  That is not what we want to see. That is a neutral event. There is no overnight significant RV/RI... What we want to see is for Iraq to create the economic conditions (laws, investment) to create a thriving private sector/market economy. As a result, the dinar will rise in value gradually via a float increasing the value. This is what Iraqis prefer and it also would allow for the money supply to be reduced. I can't believe Kap is even using the term "LOP"...since he said for years it would never LOP.  I understand what he's saying about an overnight SIGNIFICANT change, because he doesn't believe there will be a significant value increase overnight, but is insistent on a slow gradual float to increase value. Time will tell...none of us know what will actually happen. We continue to WAIT..! RON

 

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