Saturday Noontime Guru Opinions @ 1:25 PM CST - 4/04/2020

[ronscarpa]

 

 

4-4-2020   Newshound Guru Pimpy   Article: "Al-Zarfi challenges the Shiite force and requests an appointment for the confidence session."  This guy is ready to get in there..."the Prime Minister designate Zarfi said Friday that he will present his government program to parliament tomorrow Saturday with the request to set the date for the session to give confidence to his government..."  I feel like finally we're gonna get what we want and that is a prime minister in there with his government...he has a really good relationship with America and the Trump Administration.  And this guy is not a fan of Iran...Iraq is starting to look like it's stabilizing a little bit.  With this new PM going in there.  With this new government going in there.  And Trump going in there removing the influence and the grip of the Iranian people.  Let's just hope it's time...


4-4-2020   Newshound Guru Kaperoni   A couple of weeks ago A member of parliament came out in two articles that the central bank was about to float the currency. We never heard anything further other than those two articles. Last week the Central Bank of Iraq announced that they were going to stop the auctions temporarily. This is had a negative effect on the dinar market rate as it provides a balance between dinars and dollars as well as providing a source of dollars to pay for foreign imports. As of today the market rate in Iraq has dropped to 1260 to $1. This is a direct result of a lack of dollars available in the marketplace...(post 1 of 2)... 

4-4-2020   Newshound Guru Kaperoni   We know from past history that when the exchange rate gets out of whack it takes many months to get it back in line using the traditional auction. So the CBI statement today is very interesting. The CBI announced today that this weak dinar will change soon. And at the same time a member of parliament today stated that they stopped the auctions in preparation to float.  Though none of this is definitive it is very interesting and the pieces sound compelling that they may be going to float in very short order. But we'll just have to wait and see...(post 2 of 2)...

 

[DIAMOND]

thanks, Ron

[ronscarpa]

10 hours ago, DIAMOND said:

thanks, Ron

 

Have a good night Diamond...thanks..!