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Tuesday, June 20, 2017

DINAR GURUS UPDATE, 20 JUNE

6-20-2017   Intel Guru Frank26   Document:  "Interior announces to obtain international rating for the first time"  Quote:  "The Interior Ministry announced on Tuesday, gaining international classification of international standards for the control of the Organization of the United Nations Security Council arms, pointing out that it gets a brilliant achievement for the first time at the national, regional and global level."  OOOOOOOOOOOOOOOH Buddy!

6-20-2017   Newshound/Intel Guru tman23
   ...The IQD reality could be between 285 fils to 299 fils to the USD...which would be 2.85 - 2.99...with a margin of +/- 3.5%...

6-20-2017   Newshound Guru mike   So...roughly 60 trillion dinars in M0...also  ...officials in the GOI that illustrate the CBI reserves are between $40-$49 billion dollars. The results show that Iraq does not have 100% coverage of their outstanding M0 money supply. Why does Keywords state it's covered? Who knows, it's clear though that it's not. He's under a tremendous amount of pressure from the GOI for the dwindling reserves, people under pressure do weird things.   ...what are your thoughts, is the dinar, or will it be in the next 20 years, considered a "hard currency?"   I think we all agree that the dinar will rise in value. Becoming a hard currency is a whole different ball game.  [post 2 of 2....stay tuned for more of this spirited debate]

6-20-2017   Newshound Guru mike    Here you go [Guru] Enorrste: "A member of Iraqi Parliamentary Economic and Investment Commission Mamouri issued a statement regarding a significant decline in the reserves of Iraqi Central Bank up to 40 billion U.S dollars."   I didn't pull that number out of a hat, it's part of the equation. I'm betting we'll know more in the next couple of months where the reserves are.  For the record, I'm not putting words in Saleh's mouth for a straw man's argument, he said it:  "The dinar today has become a strong and like a hard currency through the Bank’s policy Central control of the cash raised in the local market."  [Reference Guru Enorrste 6-19-2017 below for this ongoing debate] [post 1 of 2....stay tuned]

6-20-2017   Intel Guru Dr. Clarke   We're Watching "WITH YOU"..."LESS THAN 30 DAYS" In our Opinionated, Formulated, Substantiated, Guesstimated, Rejuvenated, Illogic-ated...Viewpoint.  MASSIVE.

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