Iraqi Dinar Guru opinions-predictions2-3-2020 Newshound/Intel Guru BGG We have published the facts (with News based sources) regarding this scenario for a long time. Regarding the IQD, the correct terminology is “A CHANGE IN VALUE – or APPRECIATION”, particularly when the IQD is referred to (almost universally) as GROSSLY UNDERVALUED.
2-3-2020 Newshound Guru Jeff …Iraq is looking really good. Everything’s moving in the right direction…nothing in Iraq is speeding this up. Everything is moving at the same model speed it always has. Iraq has had a set date since early last year in ’19. Nothing’s going to speed this up or make it move faster. The whole challenge with the prime minister was just a coincidence. Over the weekend someone had jumped in and stated that once the PM comes in that will probably speed up the timing of rate change and wrap this thing up in 30 days after the PM…none of that is accurate…they’ve go a set calendar date. It’s most likely a fiscal year so that would put them right on par with Kuwait.
2-3-2020 Intel Guru Frank26 …If we exchange at American banks do the dinars go to the United States Treasury? …If you go to an American bank, yes. Let’s say you you live in North western United States and you go to Key Bank and you exchange your dinar. Key Bank then gives you American currency electronic or physical then they take those dinars and they send those dinars to the US Treasury… Let’s say…you happen to go into a bank that represents the CBI here in America and you exchange them. What is that bank gonna do? That bank even though it follows American banking laws has the ability to send that currency back to the CBI…they get their spread (profit) another way…
2-2-2020 Intel Guru Frank26 Question “Now that a progressive Prime Minister has been named and his cabinet apparently set what is the time-frame for the RI in your opinion?” I don’t know but inside that thirty days that he has to pick his new cabinet that’s what we’re hoping. That the baton will be passed from the CBI to the GOI. It would be an opportune time cause you would have the GOI physically ready to accept the new rate. The new currency…
2-2-2020 Newshound Guru Adam Montana …as of yesterday, Iraq has a new Prime Minister…”Mohammed Tawfik Allawi”…There is talk about protests continuing due to his appointment, but I’m leaning towards “fake news” on that one. It would not surprise me at all to learn that the “protests” being referenced are paid for by Iranian or Malikian sources…If this new PM Allawi shows immediate action on two items, we are on the fastest track to an RV we could hope for.
2-2-2020 Newshound Guru Adam Montana Those things are simple: 1. Something, anything, to immediately show that he is “anti-Iran”…and 2. Something, anything, to immediately show that he is anti-status-quo and anti-Maliki. These things are easy! And they can be accomplished this week. If he does these things, the protests will subside, and we are fast tracking. THIS WEEK, my friends! We are either going to see an RV or we are going to have a very solid picture of the actual “when”, and I see it happening quick. I don’t care if it’s a penny, a dime, a dollar, or a full RI – we’re looking at some good stuff.
2-2-2020 Intel Guru Footforward You don’t need to worry about who the next PM will be in Iraq. Why? Iran isn’t controlling Iraq anymore. Trump and Kushner are…IMO… Things will not look all perfect in Iraq before the RV. It matters less who the PM is and more so that Iran’s proxies are dealt with. The proxies ARE being dealt with.
2-2-2020 Intel Guru Frank26 Do we have a new prime minister today? Oh, yes! …Isn’t that the guy they [the protesters] wanted? …it’s confusing…they all have the common cause, they don’t want Iran…I don’t really care who they pick…what if this is the guy that maybe is being put into this position as intern mainly just to fill in the spot so that nobody votes for him in the first place…the real guy we want we’ll make sure he gets put in through a vote…the key thing is we have a Prime Minister…
2-2-2020 Newshound Guru Kaperoni A new PM is a good thing, but only a first step. Could still be weeks, months before conditions are right to begin reforms and the creation of a market/private sector. …Much work to be done. Need a cabinet, laws, stability and an acceptable environment for investors.