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Tuesday, January 5, 2016

DINAR GURUS UPDATE, 5 JAN

1-5-2015   Newshound Guru Stryker   Article quotes:  "All G-20 nations reiterated their commitment to move more rapidly toward more market-determined exchange rate systems and exchange-rate flexibility" "Leaders expressed their strong support for the elaboration of a post-2015 development agenda."  We are now post-2015 and we are starting to see many changes around the corner, not only for Iraq but for many other developing countries. Keep your chin up folks and we will see these changes come sooner than some think.  Things that we need to see take place are still being aligned and implemented, we are in great shape, these of course are just my summations of the facts and I could be completely wrong.

1-5-2016   Newshound Guru wmawhite   The CBI, IMF and WB has told us soooooo much information of late that I believe there could be major movement of the monetary reform any day.

1-5-2016   Newshound Guru mike   I would have bailed from any other "investment" long ago if the leaders were half as inept as Iraq's leadership.   Kap's [Guru Kaperoni] right though, they'll either squander all their reserves and become insolvent or they'll move the currency forward by the summer.  

1-5-2016  Intel/Newshound Guru Poppy3   [use to see articles about Iraq joining the WTO but now i do not, how does the IQD become international, unless iraq because a full member?]  THEY NEED THE RATE...THEY NEED MORE THAN TO BE A GUEST MEMBER... THEY HAVE TO BE A FULL MEMBER TO HAVE A GLOBAL TRADEABLE CURRENCY SO WE WAIT AND WATCH EVERY MOVE EVERY DAY.  REMEMBER KUWAIT ANNOUNCED ON THE MORNING THEY HAD INDICATED THEY WHERE GOING TO CHANGE THEIR RATE.  THAT MORNING THEY ANNOUNCED NO CHANGE FOR AT LEASED 3 MORE MONTHS.  THAT VERY AFTERNOON...EARLY EVENING BAM , BAM THEY REVALUED. 

1-5-2016   Newshound Guru Kaperoni   Article quote:  "but at this time no one can, not even Iraq to continue on the previous policy, because it is impossible to live on oil revenues only..."   All of these conditions are in our favor.  Remember, the worse things get, the more they will do what they should be doing.  

1-5-2016   Newshound Guru Millionday    THE TERRORISM GOING ON RIGHT NOW HAS IMPACTED THE GLOBE BUT ECONOMICALLY IRAQ WILL NOT BE STOPPED IN GROWTH OR PLANS...

1-5-2016   Intel/Newshound Guru Mnt Goat
   But here we sit with still no action. But remember it is only Jan 4th and still just only weeks from these events. So do not get discouraged. Remember too Iraq hardly ever does anything on time and is always weeks or even months late. I am also getting other conflicting information that they firmly intend to wait until late Jan to early Feb to continue the process to delete the zeros. But we do also know this. The IMF is refusing to fulfill the 1.2 billions left of dispersement on a loan they approved for Iraq in October 2015 until they fulfill their part of the agreement to complete the currency reform...be assured that that Iraq is under extreme pressure to drop those lower denominations and coins in the public and being the road to the “full” blown RV that we all want.  [post 2 of 2]

1-5-2016   Intel/Newshound Guru Mnt Goat   In about mid November the CBI began collecting what stockpiles of 3 zero notes were stored at the banks. This action was very significant and could only mean two things: 1) they were going to discontinue the money auctions soon since the capital to buy US dollars just dried up (remember the banks must purchase US dollars using the 3 zero notes), in fact they told us the auctions would end Jan 1st, 2) the CBI was preparing for a significant increase the value of the dinar and did not want to chance these older 3 zero notes being put back into circulation prior to the event. Yes – they were about to launch the new lower denominations and go 1:1 with the US dollar. Yes – the final stages of the process was about to begin. 

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