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Thursday, December 3, 2015

DINAR GURUS UPDATE, 3 DEC

12-3-2015   Intel Guru Frank26   ...yesterday they decreased the street rate of 1214 to match within a 2% which is in Article 8 compliance...they are out of Article 8 but the rate must make it official before they tell you... The IMF who tells all countries what to do with their currency..print, destroy...increase their rate, decrease...this I think is the last demand they had on the Iraqi currency...you have to be within 2% compliance of that street rate...we will help you but you have to be ready by the first quarter 2016 otherwise it does not work.   [post 2 of 2]

12-3-2015   Intel Guru Frank26   One thing the IMF told the CBI in order to be in compliance with Article 8 you must be 2% of your CBI rate within the market rate...commonly known as the street rate...so they brought the rate down...they brought the street rate down to make it Article 8 complaint with a 2% movement….look at 1166 what is 2%...23.32...add that to 1166...it comes out to 1189.32...what is the rate that the CBI put out today...1180 to 1182 up to 1214...1214 is the street value...1189 is the 2% compliance...they are moving from the RI to the RV...this is started...it is public...   [post 1 of 2....stay tuned]

12-3-2015   Newshound Guru Millionday  THE REMOVAL OF THE THREE ZERO CURRENCY IS A DIRECT RESULT OF THE NEW VALUE AND INTERNATIONAL RATES -- IT IS NOT TWO DIFFERENT STEPS --- IT IS A RESULT IN WHAT CURRENCY IS NEEDED TO BUY THINGS AND THE INTERNATIONAL INVESTORS INTEREST TO GIVE THEM BACK.  KNOW IT IS NOT TWO DIFFERENT THINGS -- ONE IS NOT DONE BEFORE THE OTHER -- IT IS A RESULT.

12-3-2015   Newshound Guru  tlm724 
  Any movement is awesome!  This just proves that the IMF has their hands deep in this... This movement (loss in value) pushes the IQD closer to IMF compliance! We are so fortunate to witness this movement as Iraq is actually making the necessary changes to their monetary and currency reforms!   The fact that it moved 16 pips is indeed a huge change for all of us! I am most excited!  It moved! This also will make the citizens dump their dinars and thus creating less dinar on the streets and keeping speculators at bay, they won't like this and will act just like dumping bad stocks!  This is actually a brilliant move...and comes on the heels of deleting the zero's IMO.   I don't think 50 k note will come out! Can't wait to see what comes next!

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