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Tuesday, November 24, 2015

DINAR GURUS UPDATE, 24 NOV

11-24-2015   Newshound Guru Millionday   Article quote:  "...the class »50« thousand dinars normal procedure intended to restructure the national currency..."   THE 50,000 NOTE IS TO BACK UP THE RELEASE OF THE RESTRUCTURED NATIONAL CURRENCY.  THIS IS NOT ABNORMAL IN MANY COUNTRIES AS THEY USE THEM TO BACK THEIR CURRENCY VALUE AND THEY WONT BE IN CIRCULATION.   IN THE PAST IRAQ DID NOT HAVE HARD BACKED CURRENCY -- THE NEW CURRENCY WILL BE BACKED UP BY US STOCKS -- CASH OR GOLD.  WHEN A COUNTRY`S CURRENCY IS HARD BACKED AND PART OF THAT IS CASH RESERVES -- IT IS CHEAPER TO PRINT LARGE DENOMS IN THE SERIES INSTEAD OF PAYING TO HAVE LARGE AMOUNTS OF LOW DENOMINATION BILLS.  [post 1 of 2....stay tuned]

11-24-2015   Newshound Guru Aggiedad77   Allak is floundering...he knows his number is up...his bell has been rung.   Dr. Shabibi has the master plan and a masterful plan it is...far more complex than anything Allak could devise...the 50k's...brilliant work Dr. Shabibi...sure some said oh dear me...this will cause inflation to skyrocket...this will cause the Iraqi currency to LOP...but who were those talking about this garbage...they definitely did not know of Dr. Shabibi's plans to prosper Iraq to bring security and stability to the Iraqi currency...His plan is brilliant...those 50k sponges are working well...but in the opposite direction of those naysayers...sucking 000's at all levels...his limelight grows brighter by the day.

11-24-2015   Newshound Guru wmawhite  ..."lift the zeros", "removal of the zeros" is in reference to the large notes that the Iraqi have grown up with. These statements have nothing..."ZERO" to do with the eventual value that the IQD will have...Instead, it is a use of words to convene to the Iraqi citizen that the large notes will eventual go no longer needed in the market place.

11-24-2015   Newshound Guru mike
   Article:  "Chapter VII threatens Iraq again"   I don't know...how much has really changed since Abadi took over?  Thousands are still wrongfully imprisoned, there's no unity among the three major sects, ISIL is still firmly entrenched in the west, nothing's been done with corruption, the auction's are still corrupted and more.  Abadi and the GOI have passed the AML, largely because they would have been locked out of the western banks if they didn't comply and they passed the Investment Law, that's about it. I know Abadi was supposed to be the savior of Iraq, but so far, it's been a bust.  ...it would make sense to put these guys back under Chapter VII.  It's clear that Abadi can't or won't go after those who are delaying progress and are corrupt, maybe he needs foreign intervention, again, to set things right.

11-24-2015   Newshound Guru Millionday   [are my bills (25 K with the horse head , gold strip, etc...), new bills? I feel that sometimes they are going to disappear like the 50 did?]   THEY ARE LIKE THE ONES THAT THE IRAQIS HAVE NOW AND THE PEOPLE IN THE WORLD ARE HOLDING -- WHEN THEY RELEASE A NEW SERIES AS IN ALL COUNTRIES THEY SET REGULATIONS FOR THE RETURN OF THE OLD TO GET THE NEW OR WHATEVER CURRENCY YOU WILL NEED IN THE MARKET.  CURRENCY JUST DOESN'T BECOME NULL AND VOID OVER NIGHT -- THEY GIVE AN AMOUNT OF TIME THAT THEY WILL BE EXCHANGING THEM ---  IT IS A SIGNED NOTE BY THEIR OFFICIALS STATING THAT THEY ARE LEGAL TENDER = OFFICIAL DOCUMENT.

11-24-2015   Intel/Newshound Guru Poppy3   THE TARRIFS WILL NOT EVEN BRING IN ENOUGH MONEY AT THE PRESENT RATE TO PAY THE OVERHEAD COST OF HIRING THE 3000 PLUS PEOPLE AROUND THEIR COUNTRY TO COLLECT IT. IT IS SURE NO WINDFALL IT IS A EXPENSE UNTIL THE NEW HIGHER RATE IS ANNOUNCED AND IMPLEMENTED. 

11-24-2015   Intel/Newshound Guru Mnt Goat  The IMF has themselves told us very specifically what to expect when the IQD revalues. They begin at a base pre-war rate of $3.22 the add on %’s based on assets of country since Saddam and go from there adding in value since the war.  ...the Iraqi rate as to when they exchange at 90 cents - $1.14...has nothing to do with your exchange rate.  

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