Saturday Midnight Guru Opinions - 2/15/2020

ronscarpa · February 16, 2020

2-15-2020 Newshound Guru MilitiaMan Articles: "The US Treasury publishes a video that includes simple steps to reveal the "fake" dollar"; "Legal protection of the national currency" These two articles are seeming to be placed and timed accordingly...A re enforcement if you will on the act of counterfeiting will not be tolerated. Not only outside countries, but, their own currency and they make reference to the IQD currency and coins. They don't have them yet? Even if they did no one in their right mind would counterfeit coins at a program rate. But, by this article about Iraq, they seem to suggest they will have coins...(post 1 of 2)...

2-15-2020 Newshound Guru MilitiaMan ...So, whereby, when they cease the Dollar Multi Currency Practice and Article 8 component, it will be illegal to accept payment in USD for goods and illegal to not accept IQD for goods when it is legal tender...there has been talk of the ATMs having been loaded with NSCNs and these above articles suggest that with the current warning having been given out about counterfeiting currency and coins, and obligations to accepting them if legal, suggests that there is an expectation for a rate change to warrant coins. A significant value is needed to be applied for them to worry about counterfeiting coins. We have been told to watch the ATMs. Why? As the banks will have to be prepared for activation of new software. These articles are a huge indicator for me...Articles suggest that the Dollar Auctions are to stop and this would indicate they are and make notice that the CBI has been showing pattern changes of recent.... imo...(post 2 of 2)...

2-15-2020 Newshound Guru Kaperoni ...the CBI has described plans for a LOP. To reduce the money supply from trillions to billions. That is what will happen if something happened overnight. If you want to see the dinar appreciate in value it's going to take a long time not because I say so, because that's how monetary policy works, gradually over time. But before that could ever happen they need to create the conditions for a market economy and encourage a substantial amount of foreign investment to come in, thus creating pressure on the financial system. Only then can the CBI appreciate the dinar using its monetary tools and getting off the Peg and moving to a float. That's not me telling you that's the IMF...This is what Kaperoni has been saying - over & over again...! He seems to want to defuse any posts made by other Gurus who are indicating that an increase in value is imminent and necessary for Iraq to move forward. Especially those who are predicting high values...! RON