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Saturday Noontime Guru Opinions - 2/08/2020

ronscarpa
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ronscarpa Grand Master

ronscarpa

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2-8-2020   Newshound Guru Breitling   ...People send me emails asking very specifically if Trump has any sway or anything like that on the Iraqi dinar?  Not the Iraqi dinar.  He has influence on the price of oil.  And he has influence on Iraq's U.S. accounts.  We can freeze those.  The dinar itself they have control of...everything we look at and look for that's what's going on.  They are reducing their note count.  Oil prices are going down.  They have an emergency budget put together because  that exact cause and effect. So here we are...I've never had any fear about them adding value to the dinar.  Not once...! 



2-8-2020   Newshound Guru Kaperoni  If they float the currency like the IMF has asked. Who knows how fast Or at what pace it would rise. Market forces determines that.

 

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