Guru Enorrste says if they go to a float & if they get to 8.1% you're going to make a lot of money. A lot of money. That's all I can say.
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Guru Enorrste says if they go to a float & if they get to 8.1% you're going to make a lot of money. A lot of money. That's all I can say.
Newshound Guru Enorrste
Question: ...do you think this float may cause a meteoric rise in the value...it's going to skyrocket in value quickly...?...
The CBI has very cautiously moved step-by-step to get every single thing they can think of in place.
When they pull that trigger they are going to have controls just like they've put controls for the last three or four years. They are going to have controls that will allow them to control the rise of the float.
What they don't want is meteoric.
It will be too scary for them. They have to control it...I do think it's going to go quickly.
I think within 3 years we'll see $3.00. That's my own personal opinion...but I do think they're not stupid and if it starts to be crazy they are to put a ratchet in there...
07.22.2019
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Question: 8.1% - would that translate to very much inflationary pressure? There is no direct connection between the rate of growth of the GDP in Iraq and the value of the dinar. The dinar is currently fixed in value.
If however the Gross Domestic Product of Iraq triples next year from the current 3% or whatever it is to 8.1% that is enormous economic growth.
Take America, Under Obama we never got above 2%.
Trump got us to 3.3% and we have the hugest economy in the world in two years...and it's only 3.3% so if Iraq goes from 3% to 8% in 7 to 10 months or all of next year which is 18 months that is truly phenomenal growth...
.It's like what happened in China when we allowed them into the WTO. They went up to 12% growth. That's how China became a threat to us. We made that happen.
Anyway, if they [Iraq] go to that point the pressure on the dinar's value which is currently fixed would be enormous and they would be foolish not to let it float to reduce the inflationary pressure...there is no direct connection between 8.1% and how much money we're going to make.
But I can say this, if they go to a float and if they get to 8.1% you're going to make a lot of money. A lot of money. That's all I can say.
07.21.2019
Question: ...do you think this float may cause a meteoric rise in the value...it's going to skyrocket in value quickly...?...
The CBI has very cautiously moved step-by-step to get every single thing they can think of in place.
When they pull that trigger they are going to have controls just like they've put controls for the last three or four years. They are going to have controls that will allow them to control the rise of the float.
What they don't want is meteoric.
It will be too scary for them. They have to control it...I do think it's going to go quickly.
I think within 3 years we'll see $3.00. That's my own personal opinion...but I do think they're not stupid and if it starts to be crazy they are to put a ratchet in there...
07.22.2019
~~~~~~~~~~~~~~~
Question: 8.1% - would that translate to very much inflationary pressure? There is no direct connection between the rate of growth of the GDP in Iraq and the value of the dinar. The dinar is currently fixed in value.
If however the Gross Domestic Product of Iraq triples next year from the current 3% or whatever it is to 8.1% that is enormous economic growth.
Take America, Under Obama we never got above 2%.
Trump got us to 3.3% and we have the hugest economy in the world in two years...and it's only 3.3% so if Iraq goes from 3% to 8% in 7 to 10 months or all of next year which is 18 months that is truly phenomenal growth...
.It's like what happened in China when we allowed them into the WTO. They went up to 12% growth. That's how China became a threat to us. We made that happen.
Anyway, if they [Iraq] go to that point the pressure on the dinar's value which is currently fixed would be enormous and they would be foolish not to let it float to reduce the inflationary pressure...there is no direct connection between 8.1% and how much money we're going to make.
But I can say this, if they go to a float and if they get to 8.1% you're going to make a lot of money. A lot of money. That's all I can say.
07.21.2019
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