Monday, May 12, 2014
5-12-2014 Newshound Guru Tlar
5-12-2014 Newshound Guru Tlar
Iraq has stated their desire to join the GCC [Gulf Cooperation Council] early
on. The GCC wants to have a common currency. Iraq would never want to join the GCC at 1166 per US dollar. It would
greatly disadvantage them in trade and restrict them if their intention is to
return to there former value quickly. So we can pretty much assume that when Iraq does fully join the GCC and they have shown a desire to do so at some
point, that the value of their currency will be much higher than it is at
present. Iraq must change the value of their currency before they seek full
membership... [So...is your 60 day window still in effect?] Yes,
I think the 60 days is still intact...I will leave it as a belief we are on
track to see a monetary change in or before July of this year. I hope everything we have read
and heard comes to pass and at least this time I still believe it will.