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ronscarpa

Thursday Afternoon Guru Opinions @ 4:05 PM CST - 2/13/2020

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2-13-2020   Intel Guru Delta   ...there's something strange going on with the Central Bank auctions...they did show there were no wire transfers.  When you don't have any wire transfers that's really significant because we know the only way they can do that is if the IQD is going international...so the banks are able to do that electronically without them going to the CBI...they are testing something...



2-13-2020   Newshound/Intel Guru Mnt Goat   Article:  "L-KINDI NEWS: SALEH, AL-HALBUSI, AND AL-BARZANI ARE TOOLS TO IMPLEMENT THE NEW US PLANS IN IRAQ"   ...there is a US plan of Iraq and they are implementing it. This is how this entire protesting stuff started. It was the beginning of the end of the Iranian militias and politicians in Iraq. But it takes time and so be patient.



2-13-2020   Newshound Guru Kaperoni   ...MCP  [MULTIPLE CURRENCY PRACTICES]  has nothing to do with dual currencies...has to do with pricing...has to do with price of goods.  MCP  is the variation or price of goods from one currency to another...has nothing to do with dual currencies in a country.  That will always exist in Iraq.

 

 

2-13-2020   Intel/Newshound Guru sandyf    [Q? "If there is to be any return on this venture it will not be the result of anything done by Iraq."...Then by whom?...if not the CBI...] [reference Guru sandyf post 2-12-2020]  There is a basic accounting principle that dinarland prefers to ignore, the liabilities must be less than the assets or the entity is technically bankrupt.   Currency issued is a liability on the CBI and the CBI has no control over the value of it's assets, the bulk of the assets are foreign currency denominated and effectively fixed in value. There is limited equity in the accounts so no scope to increase the value of the dinar by any significant amount.   Any change to how the value of the assets could be calculated would have to be by international agreement and nothing to do with the CBI.


2-12-2020   Intel/Newshound Guru sandyf   I would agree with most of what Kap [Guru Kaperoni] says, some of the detail is questionable, the latest statement from the CBI shows currency issued at 50T rather than 42T, as for "Chunky" that is something else.  As Kap says, the liability on the CBI just cannot support any revaluation in the order that is being suggested. Many countries have deleted the zeros over the years, why should Iraq be any different.  If there is to be any return on this venture it will not be the result of anything done by Iraq. (REPOST for above)

 


2-13-2020   Intel Guru Delta  ...the Currency Issue Expenses [Of the CBI].    They spent about 46 million dollars in just one month to print the currency...this is huge and gives you an indication they are printing and if my math is correct they have now printed 170 to 180 million dollars worth of currency in a matter of like a year and a half...
 

 

:tiphat:

Edited by ronscarpa
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6 hours ago, wildeman said:

Thanks Ron. Not sure what or who to believe anymore these times. LOP or RV?  Hope for RV 🙏 

Stay hitched to Adam!  🤠

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10 hours ago, wildeman said:

Thanks Ron. Not sure what or who to believe anymore these times. LOP or RV?  Hope for RV 🙏 

Nobody knows how the end result will play out! Pray for the best outcome!!

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