10-27-2020 Newshound Guru Jeff We're in a great position...don't forget Iraq is at their highest level of stability that they've ever achieved. Kazemi has gotten more done than they've ever gotten done in a long long long time. Kazemi's gotten more done just in the short period of time he's been there then the entire country's gotten done since they released the new Iraqi dinar. So we're in a great position... stability is the most important thing before that rate can change...
10-27-2020 Intel Guru Frank26 ...the borrowing law...the new exchange rate is going to be used in calculations of what they need to borrow from... counties... the borrowing law will have its second reading tomorrow [Tuesday] and its third on Saturday...the borrowing law has to have a rate in it and it does.
10-26-2020 Newshound Guru Pimpy I notice that there are people that are getting restless and these people are the new people. What I meant by that is they haven't been holding the Iraqi dinar for about a year and they're complaining already. I tell you there's people that's been in this game for 15, 16 years all right. You can't get frustrated. All you can do is keep an eye on it. There's been more positive news IMO in 2020 than we've seen in a long time that I could remember...stay positive. There are some other good news coming. I'm anticipating that going to happen this week...
10-26-2020 Newshound Guru Pimpy ...I want to make a point about the Iraqi dinar. Once these nations all sign these agreements (peace agreements) there's these new trade agreements that are coming BTW in which they can all do business with one another. This will bring a lot of business very quickly into Iraq as well as surrounding nations there but especially in Iraq. Iraq is the hub into the Middle East...Other countries are going to be investing money into rebuilding Iraq. It's starting from scratch. This is going to bring a lot of jobs there. This is great news for both short term and long term when it comes to Iraqi dinar...
10-26-2020 Newshound Guru Pimpy Article: "Al-Kazemi spokesman: More than 25 officials are behind bars" Al-Kazemi is no joke. When he is draining the Iraqi swamp he is draining the swamp...quote "25 officials in addition to the corrupt whales [Super wealthy individuals] are under bars and under investigation during the first 2 months of al-Kazemi's government." This is what I'm talking about man. Making these kinds of moves. Let's show the world that you're capable of handling the corruption. I love this news...this is gonna look really good in the eyes of the international community...Al-Kazemi...seems to be the man of the people and I love to see that...
10-26-2020 Intel Guru MarkZ [via PDK] It was an exceptionally quiet weekend with very little news…especially on the banking front. In Iraq this morning...no measurable movement. [Looking like RV after the election!] I am starting to feel that way. I was expecting a whole lot to happen this weekend that did not. Seven days and 14 hours until election day. If I hear anything worth sharing I will...but, at this point I am not anticipating anything earth shattering.
10-26-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance confirms the government's printing of new currencies without financial cover and describes the act as "dangerous" ...we see they speak if printing currency with out "cover". Well "cover" to me may mean a new rate is needed now, as the CBI has not exposed it yet. They printed new notes, not larger triple zero notes...
10-25-2020 Newshound Guru Jeff ...the Borrowing Law. Here's what I see them doing. They've done the first reading and they haven't changed the rate yet. What that suggests to me is that they are most likely not going to change the rate until around the end of the approval process of the Borrowing Law. Typically all three readings of a law take anywhere from 30 to 45 days...they've already did the first reading...
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