DINARESGURUS.BLOGSPOT.COM__________________________

Sunday, February 5, 2017

DINAR GURUS UPDATE, 5 FEB

2-5-2017   Newshound Guru Kaperoni   Article:  "Iraq confirms his efforts to join the World Trade Organization"  I have never really cared much about the WTO except for that fact it motivates Iraq to currency reform.  Once the CBI reform starts,  we all will decide the appropriate time to sell our dinar.

2-5-2017   Intel/Newshound Guru tman23
  CBI has not doubled their reserves...Quite frankly...They had to borrow/bonds 1 billion from the USA just to keep them from further depleting the reserves...which had citizens in panic that the IQD would devalue more...So the CBI says...everything is good, dinar is strong...NO PROBLEM HERE...The main income for Iraq is oil and that is WAY LESS THAN IN PAST YEARS...IMPOSSIBLE that the CBI could double there reserves...[If that is the case why would the WB name them as the richest country in the world?]   "ONE" of the richest countries in the world...Because they have large oil deposits...rich soil for agriculture...and a huge potential for mineral mining... Resources is what the WB was eluding to...because resources are assets...

2-5-2017   Newshound Guru firefly   The WB clearly stated that Iraq is one of the richest countries in the world folks!  Now why would they say that!  Not to mention that Iraq has been Basel 3 compliant for a while now.  Why did Iraq double their reserves is what you should be looking at.

2-5-2017   Newshound/Intel Guru BGG
  ...I hope conditions remain on the gain so the CBI and the GOI can get started with the economic and currency reform program in the first part of 2017 (as they have already forecasted). I doubt Trump has much to do with this.  In fact, if he will have anything to do with it - he will obviously want Iraq pulling their own weight and at a real currency rate. He has plainly said he is not OK with countries operating at artificially low currency rates. If we haven't learned anything about Trump - we should have learned that he speaks plainly and pretty much is going to move ahead on the things he has said he would. One of these items is "world currency parity" - he's harped and harped and HARPED on this. There isn't a single authority on the subject who doesn't agree that Iraq's currency value is vastly undervalued. They want this fixed. So relax. This in on the way...

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.