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Friday, March 1, 2013

DINAR GURUS UPDATE, 1 MARCH


3-1-2013 Newshound Guru Adam Montana   The one thing they did NOT lose is their natural resources. While they are working to restabilize their government and society in general, the value of their currency has remained at a low level... in fact, TOO low in many of our opinions. Obviously there is no guarantee that it will ever get back to the previous rate, but I believe it will. That's why I'm here speculating on it.  [post 2 of 2]

3-1-2013  Newshound Guru Adam Montana   [An article stated that in modern times the biggest overnight RV of a currency was 35% or so. If the dinar RVed to even a .10 rate, that would be an approximate 10,000% increase if my math is right. Would an overnight RV of this magnitude be possible? Plus imagine the chaos at the banks as thousands rushed to cash in. Would it be more likely that the dinar become tradeable at or just higher than the present rate and be allowed to float upwards towards the .10 (or hopefully higher) rate over time?]   Of course it is possible. It may be more likely that it would simply grow slowly over time (such as may happen if they raise the rate to 1000:1 later this year as they have mentioned a few times), but it's also important to remember that they LOST the same percentage of value on their currency when Saddam was removed.  [post 1 of 2....stay tuned]

3-1-2013  Intel Guru SteveI   One of the most powerful articles was "Ahmed Faizullah: the need to draw on the expertise of international banks to support the banking sector".   International means only one thing, the CBI is ready to revalue their currency to move this country forward. This is huge folks. Why would any international bank want to deal with Iraq with a currency valued at .00086 to the dollar unless it becomes more valuable and there are business opportunities in it for the banks. [post 2 of 2]

3-1-2013  Intel Guru SteveI   I truly believe this time we will see it being passed. God help the GOI if it is not.  I am still waiting on a call to see how the meeting went between Maliki and the Kurds over the defense budget. That as the true sticking point, not the oil.  Please trust us as we know exactly what is going on in Iraq regarding the process.  I hope to bring you some wonderful news in the coming days, hopefully starting with the budget vote passing, and I think things will move so fast that I may have just enough time for the rate notification.  [post 1 of 2....stay tuned]

3-1-2013  Intel Guru Blaino   We get some of the best info from 1of the big 4 banks, some of the best intel out there & according to a list received, 22 currencies are going to go hot & live & tradeable tomorrow [Friday].  Our 2 favorites are on that list.  As long as there are no glitches or delays, we expect to see this.  In some regions, they were given notice that they would be working for the next 4 weeks on weekends and all leaves and vacations have been cancelled.

3-1-2013  Intel Guru TerryK   A lot of things going on it Iraq.  The magical trigger has to be pulled by Christine Legarde making her announcement.  She will make her announcement tomorrow [Friday] or Sunday.  You won't see a massive RV of all 194 countries.  There is the primary 11 and then they will come out in baskets of 30 and will come out 1 or 2 baskets a month.  I got verification from my Well Fargo contact that there are codes in the system for the IQD and VND.  All they are waiting for is an email from their corporate office to tell them to activate the codes.  They are waiting for the IMF to pull the trigger and the UST will contact all the Central Banks and tell them to go ahead with it.  It's closer now than it's ever been.  The Dong is showing .478 at the bank level, but it is being traded on the investment side at a 1.19 value and are expecting it to go over $2 in 6 months and that's on the investment side of Wells Fargo. They want it to get back to the $2.22 rate. 

3-1-2013  Intel Guru Wisdom     MY OPTIMISTIC SELF feels that THIS COULD HAPPEN NOW!! I have been on this ride for as long as anyone else, and so I'm not just blowing this into the wind to get a reaction. This is YEARS of watching and waiting, but more so UNDERSTANDING where it is at this point and what the holdups/holdouts are for this to be released.  I DO SEE that things are in the works, and for the past couple of weeks...have actually been on edge for kicking this thing off. Iraq is a player in this and MUST have some order to be able to comply with an RV. Are they solely in control, No way in sand!   [post 2 of 2]

3-1-2013  Intel Guru Wisdom   Does Chapter 7 keep them from revaluing? Well let's put it this way... It's my belief at this point that the RV could definitely help matters with the removal of Ch7 from the country. The instability they are facing now is what's keeping the UN from removing them from CH7 and the sanctions that it imposes on their interaction with the rest of the worlds economies as a stable trading nation and recognized as such. SO I have to say that this COULD DEFINITELY HAPPEN BEFORE we would see them remove CH7 from everything I'm understanding at this point. It is NOT something that is controlled by the UN so it would not be something that would be able to keep it from happening.  [post 1 of 2...stay tuned]

3-1-2013  Newshound Guru BGG   Article:  "Central Bank denies the resignation of the governor from office agency It appears they are trying to put out the rumor that Turki is (or has) resigning as Gov of the CBI. It would not surprise me – however, let’s wait for a trend to develop in the news first. Secondly – they sound a little desperate. Usually, where there’s smoke – there’s fire.
2-28-2013  Intel Guru Okie_Oil_Man   [could the RV still happen tonight/tomorrow if banks are closed in Iraq for their holy day]   DON'T MATTER.  STILL AWAITING LANDING INSTRUCTIONS AND CLEARANCE AND IF I DON'T GET IT TONIGHT SURELY I WILL HAVE IT BY MORNING.

2-28-2013  Intel Guru Okie_Oil_Man    LOT'S OF AIR TRAFFIC TONIGHT BUT I HOPE TO BE LANDING LATE TONIGHT OR TOMORROW MORNING IF TRAFFIC CLEAR'S OUT-----WILL KEEP YOU INFORMED OF LATEST STATUS.   

2-28-2013   Intel Guru Frank26     THERE WILL BE NO DUTCH DISEASE, NO LOP, NO FLOAT...FOR THE IQD'S FUTURE. THE RATE SHALL BE SURPRISING.   I KNOW YOU LOOK FOR THE BUDGET ON MONDAY.  I CAN'T BELIEVE I FEEL 100% SURE THAT WE WILL SEE IT TUESDAY.  JACK BE NIMBLE BECAUSE JACK FROST CAN DELAY YET IN THIS CASE...JACK LEW IS QUICK.  

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