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Tuesday, January 26, 2016

BACKDOC UPDATE , 26 JAN

THE IMF GAVE A WINDOW FOR THE DINAR’S COMPLETION TO BE BETWEEN NOW AND JUNE!  WE ALL REALIZE THAT BOTH IRAQ AND IRAN WANT AND EXPECT TO BE INDUCTED INTO THE WTO THIS YEAR. THE REALITY IS, THEY NEED AN INTERNATIONAL CURRENCY FOR 90 DAYS PRIOR TO INDUCTION IN JUNE! THE DECISION FOR INDUCTION IN JUNE, HAS TO BE MADE IN MAY, THEREFORE, THERE HAS TO BE AN INTERNATIONAL CURRENCY 90 DAYS PRIOR TO DECISION TIME! BINGO! BACKING UP FROM MAY 90 DAYS PUTS US SOMETIME IN FEBRUARY!

ABOUT 3 OR 4 DAYS AGO, IRAN SAID THEY WOULD NOT LAUNCH OR RE-ENTER THE WORLD WITHOUT IRAQ BECAUSE IT WOULD CAUSE A TRADE IMBALANCE! THIS MEANS THEY ARE ADHERING TO “THE DEAL”.   WE SEE IRAN STATE THAT IN A WEEK OR TWO THEY WOULD BEGIN TO RE-ENTER THE WORLD SLOWLY!  ISN’T IT INTERESTING THAT 2 WEEKS FROM TODAY [MONDAY 1-25-16]  IS THE 8TH? ONCE THEY START, THEY SAID IT WOULD TAKE A LITTLE LESS THAN A MONTH! IF IRAN AND IRAQ BOTH LAUNCH WITH OTHER SIGNIFICANT CURRENCIES LIKE THE DONG AND RUPIAH (WHICH THEY WILL), THEY WOULD BE IN COMPLIANCE FOR WTO INDUCTION IN JUNE!

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