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Saturday, December 5, 2015

DINAR GURUS UPDATE, 5 DEC

12-5-15   Newshound Guru mike   Iraq's in a pickle, if they stop or reduce the auction's, the dinar will drop to 1400 - 1 or so like it did earlier this year.  If they don't, the reserves will continue to erode.  Without the dinar in in Article VIII, they can't buy the imports they need and they can't, according to the IMF, get into Article VIII until they've held the spread to 2% for 90 days. Something's got to give at some point.

12-5-2015   Newshound Guru Millionday
   REGULAR BANKING -- VISA AND INTERNATIONAL CALCULATIONS... THEIR BANKING WILL COMPETE NOW IN INTERNATIONAL BANKING AND LOCAL WITH A PART IN THE ISX AS WELL.  THIS MEANS ELECTRONIC AS IN ATM AND INFO SHARED TO CASH CHECKS AND USE VISA ALL OVER...THIS IS HUGE...TAKES THEM TO MARKET AND MODERN BANKING AND GLOBAL MARKET.

12-5-2015   Newshound Guru Adam Montana
   I will make one...comment on the rate change done by the CBI.  A couple people...mentioned that it could be a move by the CBI to get things tightened up with the IMF, and I've heard rumblings of that from my contacts as well. The rate moved from 1164 to 1182. That's less than a 2% change, but it is only significant if you understand that the CBI is playing a very precise game with the Dinar, and even a small change like that can give them mountains of data that will make them more prepared to make a much bigger change in the opposite direction.  Fingers crossed that my contacts are correct and things are still poised to do something big.

12-5-2015   Intel/Newshound Guru Poppy3   TALKED WITH THE COL FRIEND...HE SAID PEOPLE LOVE ABADI AND ARE EXCITED THAT THEY CAN SEE ABADI WAS MAKING GREAT CHANGES IN LEADERSHIP AND THEY FEEL HE IS REALLY PUSHING TO FINISH FINANCIAL REFORM AND INCREASE THEIR BUYING POWER BEFOR JAN 1 OF 2016. 

12-5-2015   Newshound Guru wmawhite
    we are looking for one particular event and that is a change in the status of the IQD...and the IMF has indicated that Iraq will be entering the "markets" during the first half of 2016. In order for Iraq to enter the "markets" the IQD needs to change. 

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