Thursday, February 20, 2014

DINAR GURUS UPDATE, 20 FEB

2-20-2014   Intel Guru Okie_Oil_Man   TODAY WE EXPECT TO SEE POSITIVE MOVEMENT ON THE R/V WHICH IS SCHEDULED ANYTIME FROM NOW FORWARD. IT IS ALL UP TO THE UST TO TURN THE BANKS LOOSE.  BANKS HAS BEEN PREPARED FOR QUITE SOME TIME AND SOME OF THE SMALLER BANKS ARE BEING INDOCTRINATED INTO THE PROTOCOL AND PROCEDURE TO BE UTILIZED FOR THE CASH OUT (SAY EXCHANGE!!). WE ARE WAITING WITH BAITED BREATH AS THE TIME DRAWS NEARER AND NEARER. AS I GET ANY MORE INFORMATION ON THE R/V, I WILL RETURN.

2-20-2014   Newshound Guru Med
   I HAVE NEVER CHANGED MY MIND ABOUT THIS INVESTMENT...NOT CHANGED ONE BIT.  WE HAVE BEEN SO CLOSE TWICE AND THEN THE RUG GOT PULLED.  I WILL SAY THIS IF SHABIBI WAS STILL CBI GOV IT WOULD BE OVER  RIGHT NOW.   WE HAVE NOTHING BUT CORRUPTION WHICH IS DICTATING THIS INVESTMENT RIGHT NOW...I DONT KNOW HOW THINGS STAND WITH MALIKI OR NAJAFI OR ALLAWI  ON WHO WOULD RUN THIS COUNTRY NEXT.  IF 2 OR 3 GET IT THEN THIS WILL END MOST LIKELY BY END OF YEAR.   THERE IS SOME LEADERSHIP THERE THEY JUST NEED A CHANCE TO SHOW IT.

2-20-2014  Intel Guru Jester
   [BOTTOM LINE WHO IS FOOTING THE BILL. WHO IS PAYING TO CASH THE DINAR OUT? ]   IT IS SEVERAL DIFFERENT AVENUES. THERE IS NOT ENOUGH MONEY IN THE WORLD TO COMPLETE THIS. THE GOLD IS THERE . IT IS COMPLICATED.  OIL CREDITS ARE INVOLVED AS WELL.  DINAR CONVERTS TO OIL CREDIT. IT DOES NOT LEAVE, IT IS DESTROYED WHEN CONVERTED.   IF 3.44 TO OIL CREDIT, FOR IRAQ TO PRODUCE IT, IT COSTS THEM LETS SAY A PENNY.   IT WAS CHEAP FOR THEM TO DO. THERE HAS TO BE A VENUE TO GET IT BACK. OIL CREDITS, UST AND CHINA HAVE THEM AS WELL. IT IS A GOOD DEAL, CHINA HAS NO OIL AND UST MAKES MONEY. VERY COMPLICATED FOR SURE.   GOLD IS A LITTLE PIECE. IT WOULD TAKE 6 MTHS TO FIGURE IT OUT. 

2-20-2014   Newshound Guru Adam Montana
   [...have you heard any documentation confirming that smaller dinars have been printed?]   MY sources told me several years ago that smaller denoms were indeed either printed or ready to be printed... but obviously we won't see them until the rate is raised significantly. Since that hasn't happened yet, it's not surprising that we haven't seen them or heard much news about them.

2-20-2014   Newshound Guru Millionday 
  [So we will see it on CBI's site 1st?]  it will be seen everywhere as soon as the market opens that you are looking at when it applies.  [Is there an OMO meeting in Mar that it should be done by?]   i dont have any ink stating that it has to be done by march but it seems as though they are saying now and they are ready -- we will have to wait and see until the date is given.

2-20-2014   Newshound Guru Aggiedad77
  [new guru]  Articles:   "Shahristani reveals the approval of the Kurdistan region to export oil through the "Sumo" and Kurds agree to export their oil through the Iraqi Foundation Sumo"  Just say HUGE...this is an awesome step forward for Baghdad to get the Kurds to this kind of agreement concerning their oil and who has responsibility to handle the export distribution of it...the Kurds have done the right thing...IMO...in agreeing to this...and I now believe that there will be other issues that start to domino in place regarding their other sticking points to the budget.   ...it is important to see these two separate confirmations of the same thing...it proves more validity that these articles are real.

2-20
-2014   Newshound Guru Kaperoni   Article:   "Officials in Babylon hold banks responsible for the reluctance of the projects and to encroach upon the laws"  Quote:  "the most important projects that led to the withdrawal of labor and prison contractor, the lack of liquidity for the project building of the provincial council, as well as political interference that led to the delay in the project,"  Sure seems the ineptness of the government is starting to really hurt the economic progress.

2-20-2014   Newshound Guru Adam Montana
   [After crunching the Currency Auction Data, I come to the realization that Iraq is running on USD rather than IQD. We don't seem to be waiting on events such as Erbil, CH7/8 or the 2014 budget but rather Iraq becoming a International tradable currency. How do you feel about that?]   Actually - my answer is going to explain why I don't pay too much attention to the auctions. Iraq is not "running on USD" - they have a currency (IQD) that is pegged to the dollar (USD) and the purpose of the auctions is merely for the CBI to control the money supply, inflation, and the value of the dinar.  With that said, I do still believe that the keys to progress here are still the same (such as Erbil, HCL, etc).

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