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Wednesday, February 24, 2016

DINAR GURUS UPDATE, 24 FEB

2-24-2016   Intel Guru Frank26   I know I-TEAM said...we are looking at this month...[Guru] DELTA thinks...this month...ok...what did I tell you...probably towards the end of March...but likely towards the end of the first half of 2016...and I have not changed from that.  I’m extremely happy to see what you are seeing though...the international world of investors...going ballistic right now with what they are seeing...

2-24-2016   Newshound Guru rcookie 
  THERE WILL NEVER ...EVER...EVER... EVER...EVER...EVER...EVER... BE A DATE TELEGRAPHING AN IQD VALUATION RATE CHANGE...NOT EVER...ONCE YOU EMBRACE THAT CONCEPT...THE REST IS CAKE...

2-24-2016   Intel Guru Bruce   ...this thing so close in terms of intel, been asked to lay low. We are hearing very good things this morning about the initiation of what we are looking for to have begun. WE are looking for the evidence of that any time...Everything is in process. I believe it has begun, just waiting for our turn...

2-24-2016   Newshound Guru Adam Montana
   Last week I spoke a little about the price of oil and how it's likely affecting Iraq's ultimate goal of raising the rate of the dinar.  Look... this is real simple.  It certainly doesn't take a rocket surgeon or a brain scientist to see that oil is silly low right now. After you take into account for inflation, it's even more obvious that this low rate cannot last.  Now, if a bunch of numbskulls like us can easily see that oil should probably be closer to $80... don't you think Iraq can, too?   I certainly do.  As I type this, oil hasn't moved and we still haven't seen any significant news on the HCL.  The GOOD news is that it also doesn't take a genius to grasp that oil is probably about as low as it can possibly go, which means there's only one way for it to go from here.  UP.   And the GREAT news is that in spite of these ridiculously low oil prices, the CBI has maintained a very strong grip on the exchange rate, proving that they are, as always, very capable of manipulating their market how they wish.    ...at this time I think our motto is: "Watch the oil".

2-24-2016   Intel/Newshound Guru tman23  The important thing to keep in mind is the GOI is bankrupt and cannot pay it's bills... The term being used is "liquidity issue" and "financial crisis"...But by all definitions, when you cannot pay your creditors, make your payroll, and your income is way less then your expenses, YOUR BANKRUPT... Now you have assets but in the real world you enter Bankruptcy Chapters for protection... The CBI has 59 billion in reserves and the plan was described to cover the GOI expenses for 6 months with loans through purchasing government bonds... The GOOD in all this is the pressure is also on the CBI... Central Banks do not relish the thought of their reserves being depleted...And even though the GOI has a plan to open the market economy, this is no where near a quick fix that in 6 months it is flourishing...the infrastructure isn't there! Abadi is on the right path and has the support of the higher heads that matter... And that may just be enough for the CBI and IMF...

2-24-2016   Intel/Newshound Guru Backdoc
   [...what is your take on the deal the cbi has with the imf on the things that need to be done by the end of february...do you think we will see an RI at the end of february and an RV by the middle of the year...?]   BASED ON THE ARTICLES I'VE STUDIED AND THE IMPLEMENTATION THAT HAS BEEN REPORTED WITH IRAN, I BELIEVE THEY ALREADY HAVE THE RATE!  THE ONLY MYSTERY IS WHEN THEY WANT TO SHOW IT!  THERE IS A PLAN I ASSURE YOU!  ...THEY DIDN'T PASS THE AMNESTY LAW! WHY? BECAUSE ITS NOT THEIR TIME YET! ITS NOT ABOUT THEM YET!   VERY SOON IT WILL BE AND THEY WILL SHOW OFF MR. LONELY TO THE WORLD!...

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