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

ronscarpa
 Share Followers 2

Recommended Posts

ronscarpa

ronscarpa 31,530

Posted
Posted

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
DWS112

DWS112 6,221

Posted
Posted (edited)

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 .0008 


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
navira

navira 9,225

Posted
Posted
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 .0008 


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
DWS112

DWS112 6,221

Posted
Posted
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
navira

navira 9,225

Posted
Posted

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
DWS112

DWS112 6,221

Posted
Posted (edited)

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
ChuckFinley

ChuckFinley 46,582

Posted
Posted
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
GregHi

GregHi 3,826

Posted
Posted
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
DWS112

DWS112 6,221

Posted
Posted
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
Dandy1

Dandy1 94

Posted
Posted

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...
×
 Share
Followers 2
Go to topic listing

  • Recently Browsing   0 members

    No registered users viewing this page.



  • Similar Content

    • ronscarpa
      Tuesday Midnight Opinions - 3/02/2021
      By ronscarpa
      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
       
       
      *** Frank26 *** [There was a Question about the Vietnam Dong] ...The Vietnamese dong is no longer under the thumb of China.  China would tell Vietnam you can't do this.  You can't export that.  Gotta do this, that.  Now Vietnam is exploding.  Their GDP, economy is exploding.  There's not much China can do about it and the reason why is China is going digitally with their currency and so is Vietnam.  China is about to let go of Vietnam and let Vietnam do what it wants.  I think Vietnam wants to enter an Asian basket.  A lot of people are saying the Vietnamese dong is going to be in a basket with the Iraqi dinar.  No!  The Iraqi dinar is going to be in a basket with Middle Eastern currency.  The Vietnamese currency will be in a basket with Asian currency...

       
      *** Footforward *** [Q? : ...How many baskets do you think there will be?...If I understand correctly, there will be one strong  hub currency in each basket...]   From what I've been told there are three baskets currently in play.  Every basket has what's called an anchor currency. The one that's going to have the biggest move and basically helps to create what's needed for the other evaluations to happen. The dong is one, it anchors the Asian basket. Even more so now. The Iraqi dinar...anchors the middle East basket.  The third basket I can't talk about yet. I may never be able to talk about it publicly...There could be more in time but at the moment there are plans in place for three.
       
       
      Boring VND stuff ... Blessings ... RON
    • ronscarpa
      Tuesday Afternoon Opinions @ 4:22 PM CST - 3/02/2021
      By ronscarpa
      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 *** This  [Recently discussed tweet from the Iraqi Government]  is old.  These were the words of the Finance Minister before the rate change happened {When they devalued in December}.  There's no date on this tweet...I'm pretty sure this is something that was said sometime in December or at least it was said in an article before the rate change happened when they first were talking about the White Paper reforms.  I don't want you to get down.  It's not bad news.  This is just  'look at everybody jumping on this like they're going to change the rate again' ...slow down sparky.  I got you.  I remember these words specifically.  These were said before they devalued the currency...

       
      *** Jeff *** They've pretty much almost stopped the currency auctions.  Not quite to 100% but there's down to probably about 95% reduction in country.  That's tremendous.  Remember I told you about the time they devalued the currency clear back on December 20th - this is one of those patterns we were looking for...they have done so.  That's just more confirmation they're in the progress of changing that exchange rate.

       
      *** Petra ***...if they were going to have a budget at 1450 or even 1190 they'd have done it.  That's what's key to understand.  They are waiting for the rate because they know that's what they need to make all the changes.

       
      *** Frank26 *** The Iraqi dinar is pegged to the American Dollar.  You may say no it's not.  Trust me it is electronically.  It's already 1 to 1.  I know that's a bold statement to make...the Iraqi dinar is about to play fair with the American dollar.  It's pegged to it.  It has no choice.

       
      *** Jeff ***  [Question: "Is the gain from this exchange rate considered taxable income?"]  I know a lot of people think this isn't going to be taxable.  It's going to be a taxable event guys.  We live in the greediest country in the world - the United States.  I promise you this will not go untaxed.  Plan on paying your taxes and getting on with your life.  Keep it legal.  Keep it real.  [Note:  Always consult a tax professional at the appropriate time.]

       
      *** Mnt Goat *** Article: "AL-KHALIDI IS SURPRISED THAT THE CABINET HAS FORMED A COMMITTEE TO STUDY THE CONSEQUENCES OF CHANGING THE CURRENCY EXCHANGE RATE"   So, is this proposal to change the exchange rate just to change it back to 1250 before the devaluation to 1450 or is it to 1:1 with the US dollar and give the Iraqi dinar the strength it really deserves? I believe, based on other articles... that it is a study to go to 1:1 and then to eventually raise it back to 3:1 and even higher... there is much pressure to finally get this done.
       
       

    • ronscarpa
      Monday Late Night Opinions @ 11:11 PM CST - 3/01/2021
      By ronscarpa
      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
       
       
      *** Adam Montana *** ...I know it can be a bit painful to try to decipher the articles, so I'll give you the elevator summary:  Things are going well. There is a current discussion on "raising the price of the dollar", which would be bad for Dinar, and the overall sentiment is that they publicly do NOT want to "raise the price of the dollar". (That's a good thing for us!) Part of the reason is due to the current favorable price of oil.  And, of course, none of that matters when the HCL goes through. It's been pretty quiet on the HCL front... When the HCL comes, we have an RV either already announced or just around the corner. Until the HCL is done, we wait patiently...I have no doubt that we will reap the dinar windfall... Go Iraq... Go Dinar...GO RRRVVV!!!...  This was taken from a site that follows Adam's opinions and posts snippets from them. See his whole chat @ Adam Montana Feb 28 2021


      *** Jeff *** Remember I'm not a financial advisor.  This is nothing more than my opinion.  I strongly feel the rate will come in around the $3.80 range.  That's my personal opinion...
       
       

    • ronscarpa
      Monday Morning Opinions @ 11:11 AM CST - 3/01/2021
      By ronscarpa
      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
       
       
      *** Adam Montana *** ...In GOI news, Iraq is muddling through the final stages of the Budget. We don't need the Budget to be complete before an RV, but a "happy agreement" between the Kurds and Baghdad will do a lot to grease the wheels...This was taken from a site that follows Adam's opinions and posts snippets from them. See his whole chat @ Adam Montana Feb 28 2021

       
      *** Jeff *** Iraq is completely on par with Kuwait.  Iraq and Kuwait's fiscal year (I know this for a fact because I've already consulted with the Iraq government) is April through March of the following year.  That's why Kuwait changed at the end of April [March?] to accommodate the March fiscal year...If you want to know when Iraq's doing their rate change, they're doing it on the exact same historical Sunday when Kuwait did theirs...Iraq is following in Kuwait's footsteps. 
       
       

    • ronscarpa
      Sunday Midnight (CST) Opinions - 2/28/2021
      By ronscarpa
      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
       
       
      *** MilitiaMan *** Article: "Zafer Al-Ani: Parliament Will Continue Its Sessions Until The Budget Is Approved" Quote: "the budget has reached its final stages, leaving nothing but the announcement of the agreement with the Kurdistan region regarding the percentage determined for it in the budget and other matters that will be completed within the next few days."  Well well well. They are continuing the session tomorrow. The 1st of March. They'll be at it until budget law is approved, so they say. Leaving nothing but an announcement. Well they'll need to announce a rate with that now wouldn't they?  ...A new exchange rate can fix many ailments.. imo...

       
      *** Pimpy *** The problem with us dealing with the dinar is this.  In order for the dinar to have any kind of purchasing power or to get any real change on the exchange rate there has to be some stability there.  Already all around we're starting to see crap happen.  Iran, Syria bombings, missile attacks within Iraq...Biden hasn't even been in office two months and already the ****'s falling apart...I don't like the way it looks although there's some good things happening over there in Iraq.  The financial grade [B rating] is good.  The reserves are building that's good...so there are some good things.  I'm just pissed about the way this current administration is too much into bombing crap...You gotta take the good news, bad news, the ugly news.  You gotta take it all. Stay grounded. 

       
      *** Jeff *** [Question: "How will the Iraqi people prosper from or benefit from the rate change?"] ...it gives the Iraqi citizens and the Government of Iraq purchasing power...there's only one way for Iraqi citizens to get rich.  They have to keep and exchange the 3 zero notes after the rate change...
       
       
      That's all for today folks ... Blessings ...  RON

  • Testing the Rocker Badge!

    Take This Quiz

  • Live Exchange Rate

×
×
  • Create New...

Important Information

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

  I accept