Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Get Daily Updates of the NEWS & GURUS in your EMAIL

Enter your email address:

Guru mike thinks he knows why they are stalling DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Guru mike thinks he knows why they are stalling

Go down

Guru mike thinks he knows why they are stalling Empty Guru mike thinks he knows why they are stalling

Post by Ponee on Mon Feb 26, 2018 2:56 pm

 Newshound Guru mike 


  Article:  "Kurdistan Alliance confirms the continuation of the boycott budget"  

 Why are they stallingThey want 17%, if Iraq's political leadership would just take a peek at the Iraqi Constitution, it clearly states the Kurd's are to receive 17% of Iraq's budget, outside of sovereign responsibilities...

They don't need to re-invent the wheel, just follow the legal and constitutional requirements of Iraq's existing laws and pay the Kurd's their 17%... after a while, they're going to say enough is enough and make another mess that takes three years and billions of dollars to correct. 


  Newshound Guru mike   Article:  "The exchange rate of the dollar and gold in Iraq on Sunday"   [I still have no idea what the rate is today... Is it 1247 or 1251 or 1252 or what?]   Each individual exchange has their own market/street rate:  Kifah Stock Exchange-1247; Basra Stock Exchange-1248; Arbil Stock Exchange-1252.   I'm with Kap [Reference Guru Kaperoni post 2-25-2018], that's why I didn't get excited when it dropped for a couple days, the markets are cyclical. Supply and demand are the main control points for the value of a currency, as long as the government is stable, secure and free from corruptive manipulation.

 There's no reason I can think of that would create demand for a currency that's not internationally accepted as a form of payment for goods and services. 

There was an article out four or five days ago that spoke to why the street rate dropped and it was related to the politicians and their movement of funds outside the country in the event they were unable to win re-election...IMO.


Posts : 36877
Join date : 2011-08-09

Back to top Go down

Back to top

Permissions in this forum:
You cannot reply to topics in this forum