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Wednesday, February 19, 2014

DINAR GURUS UPDATE, 19 FEB

2-19-2014   Newshound Guru Adam Montana   [You seemed real excited about BIS news a little while back?]   That hasn't changed at all!   We obviously need a little more before we can cash out, but that news was and is still awesome in my opinion.   [I understand that you don't have a date for this "happening", but as for the rate, are you still sticking with the $0.10 or do you think it could hit higher...and what WILL determine the rate, in your opinion?]    I'm actually leaning towards a higher value the longer this takes. Depending on how the dollar holds up, a higher rate may not get us much more... but the longer Iraq has to make improvements and progress, the stronger they will be.

2-19-2014   Newshound/Intel Guru BGG
   Forex Anomaly 02-19-14:   I suspect this is a case of “misplaced decimal”…However, 11.60 Dinars per dollar is roughly .086 USD – some “version” of a familiar benchmark.   [reference Guru Delta's post 2-19-2014]  The more important news (to me) is the daily auctions continuing to spiral downward... 

2-19-2014   Newshound Guru Adam Montana
  
  ...here's some positive news!   1. UAE [United Arab Emirates?] opens office in Erbil.  2.   A slew of articles supporting the CBIs ability to maintain the stability of the dinar and expressing the need to support the CBI's "measures" (which happen unilaterally, by the way!).   (I know I'd support a "measure" to increase the value!)  3. Barzani actively engaged in HCL discussions:  I found a few more, but to sum it up... no RV at this immediate time, but with all this positive movement, I'm going to stick it out for a bit longer.   [post 2 of 2]

2-19-2014   Newshound Guru Adam Montana
   Another week has gone by in the land of dinar with no revalue, but let's not despair. Despite the crazy opinions you might read out there  it's best to always keep in mind that 85% of what you will hear or read are just that... an opinion. The other 15% might be fact, but at the end of the day I have one more fact for you:  NOBODY can prove that the dinar will or will not revalue. If you bought into the dinar because you need a quick payday... maybe you should sell your dinar.  But if you bought into it because you believe the fundamentals are good and there is indeed a chance to make some money... then stay in!   [post 1 of 2....stay tuned]

2-19-2014   Newshound Guru Millionday
  
 Formal Government Document:   Quote:  "morning continues votes demanding action to raise the value of the local currency..."  this is kind of a report to the citizens...they are saying that they are going to raise the value and apply all the regulations for the modern banking -- this would make them take out the imposed/program rate of 1166 and put in the reality rate but they have given no time that they plan to do that...but looks very close due to the recent reports...all they have said is that they are ready and are stating they are doing that...it would be a revalue or a reinstatement. 

2-19-2014   Intel Guru Jester
  
  [Do you believe the progress or lack of it in Iraq is having an impact on the RV? Or, is it dependent on the IMF, UST or whatever?]  IT COULD...MALIKI HAS NO PARTICULAR REASON TO WANT THIS... HE HAS ELECTIONS COMING UP... QUITE FRANKLY I THOUGHT HE WOULD BE LONG GONE BY NOW TOO.

2-19-2014   Intel/Newshound Guru Poppy3
    I STATED LAST MONTH THAT MALIKI TO WIN THE ELECTIONS WILL HAVE TO RV AT LEAST 30 DAYS BEFORE THE VOTING STARTS BECAUSE IT WILL TAKE THAT LONG FOR BENEFIT TO SHOW FOR THE PEOPLE OF IRAQ. TIME WILL TELL.

2-19-2014   Intel Guru EXOGEN
    THEY ARE CHANGING THE PRICES ON FOOD AND ITEMS IN IRAQ RIGHT NOW.

2-19-2014   Intel Guru Delta
   FOREX EXCHANGE IS SHOWING 1USD = 11.6 DINARS...U.S. Dollar/Iraq Dinars (^USDIQD)...11.6-1,158.3 (-99.01%) 6:00P CST (FOREX).  MAYBE IT'S NOTHING, BUT THE DATE IS NOW SHOWING FOR 02/19/14.  IT IS ABOUT $.08=1 DINAR.   LIKE I SAID FAMILY MAYBE IT'S NOTHING, BUT IT'S VERY INTRESTING.

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