Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

Thursday Afternoon Guru Opinions @ 5:40 PM CST - 4/23/2020


Recommended Posts

Good Afternoon Everyone, here are a few more opinions from other members of the Dinar community that might be of interest to you.  Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what seems to be happening in Iraq. :twothumbs: RON

 


4-23-2020   Intel Guru Frank26  ...on Monday, actually it was Sunday, they said according to the Iraqi Dinar Index that they had increased...what was the 1000% increase for?  ...deleting the zeros that's what we think it is for...They told everybody at the beginning of this month [April], 'We're closing down because of the coronavirus.'  Today they tell everybody they're going to open back up on the 26th but not the floor only the e-commerce trading.  They could have done the same thing on the beginning of the month.  They closed the door so that you couldn't see what they were doing with their mathematics of whatever this index is about...(Post 1 of 2)... 

 

4-23-2020   Intel Guru Frank26  I don't know...but we do know that the ultimate goal is for e-commerce...the other goal is to position the Iraqi dinar with the three slots open that can all of a sudden add value to the Iraqi dinar...the 26th is when we're gonna get a better understanding of what they really did with this 1000% increase in the index value of the Iraqi dinar and the Iraqi Stock Exchange...this was a very strange move...This is a move by the Iraqi Stock Exchange in my opinion that is done before they reopen to combat speculators...it seems to me that what the Iraqi Stock Exchange on Monday did has let the secret out of the bag...(Post 2 of 2)... 



4-23-2020   Newshound Guru Pimpy    Article "The Iraqi Stock Exchange announced the resumption of trading this next Saturday",  "...the board of governors decided to resume the activity of stock trading as of Sunday April 26..."

 

:tiphat:

  • Thanks 2
  • Upvote 4
Link to post
Share on other sites

This is All My Opinion, (and I do not use math alot)

link to chart

 

ISXchart.jpg.01d5a05f2dff1eaad4e4f55805bf97b8.jpg

 

 

(Jan 2020)          480.64 is the low number 

(Feb 29, 2020)   462,830 is the high number

 

 

 

IMPORTANT NOTE: Pick any number (1-9)    .000
  I used .000


IF:      (Jan 2020)  480.64  = .0008 (my number)
              ___________    ______________
 
THEN: (Feb 29, 2020) 462,830  =  x (what is new number?)

 

Calculation:

x = (.0008 x 462830) / 480.64 
  
370.264 / 480.64   = .77 or .8

 

Result: 3 zeros gone

Edited by DWS112
  • Like 1
  • Thanks 2
  • Confused 1
  • Upvote 3
Link to post
Share on other sites
32 minutes ago, DWS112 said:

This is All My Opinion, (and I do not use math alot)

link to chart

 

ISXchart.jpg.01d5a05f2dff1eaad4e4f55805bf97b8.jpg

 

 

(Jan 2020)          480.64 is the low number 

(Feb 29, 2020)   462,830 is the high number

 

 

 

IMPORTANT NOTE: Pick any number (1-9)    .000
  I used .000


IF:      (Jan 2020)  480.64  = .0008 (my number)
              ___________    ______________
 
THEN: (Feb 29, 2020) 462,830  =  x (what is new number?)

 

Calculation:

x = (.0008 x 462830) / 480.64 
  
370.264 / 480.64   = .77 or .8

 

Result: 3 zeros gone

Tell me how u came up w this equation

  • Thanks 1
  • Haha 3
Link to post
Share on other sites
1 minute ago, navira said:

Tell me how u came up w this equation

Hi navira,

Sure, cross multiply the variables:

 

480.64  = .0008

_______     ______

462830 =   x

 

480.64 x = .0008 x 462830

 

x = ( .0008 x 462830)  / 480.64

 

 

Thanks

 

 

 

 

 

 

 

  • Thanks 3
  • Upvote 1
Link to post
Share on other sites

Since we don't know what x is..we can use this equation to find out its value. X = f(y). Y is already given...from Jan to Feb...we can the max to get 462,830. So then the equation becomes...x= f(462,830), which pretty much is..X= 462,830..no more no less. Cheers DWS. 

  • Thanks 3
Link to post
Share on other sites

OH, here are more results using the simple cross multiply method:

 

.0001 = .09 or .1
.0002 = .19 or .2
.0003 = .28 or .3
.0004 = .38 or .4
.0005 = .48 or .5
.0006 = .57 or .6
.0007 = .67 or .7
.0008 = .77 or .8
.0009 = .86 or .9

 

if 480.64           =    .0008

____________            ______

then 462830     =          x

 

480.64 x = .0008 x 462830

 

x = ( .0008 x 462830)  / 480.64

 

 

370.264 / 480.64   = .77 or .8

 

Result: 3 zeros gone

 

 

Thanks

 

 

 

 

Edited by DWS112
  • Like 1
  • Thanks 2
  • Upvote 3
Link to post
Share on other sites
1 hour ago, GregHi said:

So being mathematically challenged, do we now believe this abnormality in the graph means anything or is it a screw up?

 

I would have to say that we see on Sunday when it opens. In a normal country I would say yes, but the standard clause here is that it is Iraq.

  • Thanks 2
  • Upvote 3
Link to post
Share on other sites
2 minutes ago, ChuckFinley said:

 

I would have to say that we see on Sunday when it opens. In a normal country I would say yes, but the standard clause here is that it is Iraq.

Thanks Chuck.. I know I speak for everybody in wishing this is the end of this ride.. Just unsure if this is an actual clue to a rate change Sunday or not.. ;)

  • Thanks 2
  • Upvote 2
Link to post
Share on other sites
2 minutes ago, Linda Bower said:

misplaced coma?

No, comma was never misplaced with a decimal

 

Pimpy  ...I'm here to keep everyone grounded

[462,830]...But...is it possible that this was meant to be a decimal [462.830] by mistake was put there a comma and a correction will come later?

 

 

 

 

  • Thanks 2
  • Upvote 3
Link to post
Share on other sites

When you look at the line below the graph in the link above, they don't use comma's, only decimal points.

AVERAGE: [2807.9762582417584] | STD VAR: [0] | MIN: [0] | MAX: [462830] | Median: [0] | Mean: [2807.9762582417584]

  • Thanks 3
Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    No registered users viewing this page.



  • Featured Products

  • Similar Content

    • By ronscarpa
      Good Evening DV, here's a few opinions & comments that might be of interest to you. Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
       
       
      *** Pimpy   I know a lot of people are talking about the rate change happening in the 2021 budget.  There's plenty of reason to think that.  That might be possible.  But stay grounded.  It's not about what they talk about it's what they do...yes, they do want a real rate...and I support that 110%...


      *** Jeff    Iraq has given you the back wall for the rate change...the end of March in '21.  Here's why.  Here's how...the reform funding payments, before they can make that payment, they have to change the rate.  That's why the reforms have been outstanding for so long... Here's an older article from July of this year "Parliamentary Finance warns against moving towards changing the dinar exchange against the dollar"   Quote:   "there are possible intentions to change the exchange rate of the dollar against the dinar within the expected financial reform law."  They're telling you the truth in this article...

       
      *** Mnt Goat   Where do we stand with the RV right now?   ...we have NEVER been in a sweeter spot right now than maybe way back in 2012 when Dr, Shabibi was going to reinstate the dinar. ...I do not think they are going to stop it this time as there is too much as stake and they are giving us way too many signals that they fully intend to do it.

       
      *** Delta   We don't have much left to find out...but all indications show Iraq is ready to go to the open market economy and go international, accept Article VIII...IOO all that does require a new rate, does require a recognizable tradable currency...very positive news.  Very positive information ...within 40 days we are going to see...more and more.  You haven't seen nothing yet!  We're going to have more and more information especially from the CBI and the progress of the international countries helping Iraq...

       
      *** Pimpy   Article:  "Al-Darraji Demands The Central Bank to Adopt A real Rate of the Iraqi Dinar"  ...more dinar rate talk...this has been the cry of the Iraqi government for a while.  They want their rate restored at the $3.22 level...I understand what they're saying.  They do need a new rate.  IMO the rate change should be a pretty beefy one...we definitely need to keep an eye on it... 
       
       
      That's all for tonight folks ... Blessings ... RON
    • By ronscarpa
      Good Evening DV, here's a few opinions & comments that might be of interest to you. Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
       
       
      *** Jeff *** Article:   "Al-Darraji Demands The Central Bank To Adopt A real Rate Of The Iraqi Dinar"  ...Iraq is putting a decent emphasis on increasing their exchange rate...Here's an article from the 24th on that.  Article: "Al-Samarrai Calls For Reforming The Central Bank and Unifying The Exchange Rate"  Here's another one...from the 25th...it's really good that they're now putting an emphasis on this...their historical pattern is it takes them 3 to 4 months to get stuff implemented. 

       
      *** Mnt Goat ***  Article:  "DELETING 3 ZEROS FROM THE CURRENCY .. PARLIAMENTARY FINANCE IS SUSPENDED AND DETERMINES THE SIZE OF THE COST AND THE ECONOMIC EFFECTS"  Quote:  "Exiting the financial crisis is not only by deleting zeros from the Iraqi currency because the crisis is mainly economic, indicating that "deleting zeros” from the Iraqi dinar needs to print a new currency."  I know for a FACT the new currency is already printed.
       
       
      That's it for today ... Blessings ... RON
    • By ronscarpa
      Good Afternoon DV, here's a few opinions & comments that might be of interest to you. Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
       
       
      *** Delta  ...This is very important...they told us this one [2021 budget] should have the rate.  Before that gets to parliament I think the CBI should make their move because the 2021 budget does have the new rate.  You don't want to take that to the parliament because the leak would be all the way out.  The CBI and the government IMO they have to raise the rate before that goes to the parliament ...the time frame is around December or early January.  This is the best guess scenario...within about 40 days to know exactly what's going on...

       
      *** Pimpy   ...there is a little bit of a push from within the government for Iraq to do something with their exchange rate.  Very interesting.  I tried to see if I could get more information - I called around.  There's not a whole lot of information about it...

       
      *** Adam Montana   ...the Trump Train is running out of time, but not out of steam. I'm excited to see what last minute things come out of the current President's office... and I would not be surprised at all to see something major that helps Iraq... would it really surprise you to see one of his last acts as President is something that helps the Iraqis boost the value of their currency?  It won't be a surprise to me! The limited time Trump has left in office is actually an exciting factor in the Dinar world. I don't care if you like The Donald or not, you have to at least see the potential there!...GOOOO RRRRRVVVV!!!  
      Taken from another site that follows Adam's Opinions and posts snippets from them. See his whole chat at: Adam Montana Weekly 25 November 2020
       

      Have a Happy Thanksgiving Everyone - GOD is so Good - Blessings..! RON
    • By ronscarpa
      Good Evening DV, here's a few opinions & comments that might be of interest to you. Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
       
       

       
      *** Jeff  ...there's only one thing on the table that has a direct requirement for the rate change.  It's the payments of the reforms.  The reform payments require the rate change.   Before they can make a payment Iraq's currency has to be internationally recognized...
       
       
      *** MilitiaMan   [Q? : what ever happened to the white papers and kazemi and the fab4 after he left washington? i thought it was a done  deal with the cbi. can someone explain...]   The white papers look today to have signs of partially being implemented, which, suggests things are underway, we just are not yet privy to the details. Imo.
       
       
      *** Jeff    Article: "Al-Karraji Demands The Central Bank To Adopt A Real Rate Of The Iraqi Dinar".

       
      *** Delta   ...Huge information came out...the Bank of International Settlement in Switzerland is the hub of central banks...to do a contract with them is very telling for the CBI...they are moving forward to keep going with a plan.  It's very amazing progress and all positive news toward our investment ...the BIS is the one that distributes the rate internationally...this is huge by itself...

       
      *** Frank26  ...a couple weeks ago the upper echelon management of the banks in Iraq were invited to the CBI.  It is my opinion the CBI talked to them about a date and rate.  And also when they will be showing the citizens the new small category notes and rate...the last week or two weeks of this month it will go from the senior management level to the floor managers and then to the tellers...


       
      *** Mnt Goat   NO ONE SHOULD QUESTION THE VALUE OF THE DINAR. But there is a difference between VALUE and RATE. ...Like our president has said many times that currencies are not fairly given RATES to reflect their VALUE. Either they are overly valued or undervalued and the rates do not reflect the TRUE VALUE. He wants a “level playing field”...For Iraq dinar, what we should question is the RATE as it does not reflect the true VALUE of the dinar. It is being artificially suppressed. They do not need all this economic reforms and so on and so forth. Dr. Shabibi, a financial expert who’s opinion I highly respect, was willing to reinstate the currency way back in 2013...So this entire story line of having to do all these reforms can only help Iraq but totally unnecessary in the larger picture. We wait only because of the political stuff going on right now in the US...(post 1 of 2)...

      *** Mnt Goat  ...the IMF for Iraq established these currency auctions to get them over the hump from the 10 year embargo and...another attack on the country n 2003...So now they have gotten so corrupt they can't get off of them. The embargos on Iran and taken this corruption to a new high...But the good news is the new CBI governor along with the new prime minister is going to shut down all this corruption, only the US Treasury is holding up the reinstatement of the dinar, which is needed to facilitate it. The prolonged delay is hurting Iraq as they need this change... but remember this is not as simple or clear as it seems so don’t try to pin point this to one or a couple single events to make it happen...We have insight as to what the plan is and how they are implementing it. The news is still all VERY GOOD and we will see the reinstatement much sooner than many of you think...(Post 2 of 2).. 
       
       
      That's all or today folks...Blessings & Happy Thanksgiving - God is Good..! RON
    • By ronscarpa
      Good Afternoon DV, here's a few opinions & comments that might be of interest to you. Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
       
       
      *** Petra  I've been so high on this that I have to look down to see heaven. I'm so excited to see what's going on...the white paper detail...it clearly delineates the future for Iraq.  And it's that plan that all does not happen without the change in the rate...it's an exciting time for all of us to consider where we're at with this investment.  I'm very excited to be where we're at right now from a pure logic perspective...

       
      *** Jeff  ...about 2 months ago Iraq came out telling us that oil above $40 a barrel does cover their government operating expenses...Iraq can actually produce oil for about $10.70 per barrel.  That was just 5 years ago.  I doubt they're even above $15 at this point.  Iraq can literally extract a barrel of oil for $15 a barrel.  So anything above $15 is pure cash profit...  Article "Brent barrel is at the highest level since March 2020".  Brent oil was trading at $46.48.  Brent oil is getting positioned to be able to fund Iraq's 2021 budget...

       
      *** Frank26 ...the white papers do have the exchange rate.  But there's something else that Guru Walkingstick and I have been saying also has the new rate in it...the 2021 budget...the 2021 budget is mainly for parliament...And the white papers are for the international world.  And both of them in my opinion contain the rate...The outside world - international investors - they get to see what the BIS is showing them.  And that would be the white papers.  The rate I believe is in both of these and they're being shown to the appropriate people...
       
       

  • Testing the Rocker Badge!

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.