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Wednesday, February 3, 2016

DINAR GURUS UPDATE, 3 FEB

2-3-2016   Intel/Newshound Guru Backdoc   WE HAVE TO BE ELATED AS WE WATCH A MASSIVE NUMBER OF LAWS FINALLY BEING IMPLEMENTED, TARIFFS READY TO GO, TPP ABOUT TO BE SIGNED ON THE 4TH AND 5TH, SECURITY ABOUT TO BE WRAPPED IN FALLUSHA AND MOSUL!  NOW THAT IRAN HAS AN OFFICIAL INTERNATIONAL RATE I SINCERELY DOUBT "THE DEAL", WOULD ALLOW IRAN TO RUN LIKE THE GINGERBREAD MAN TO A NEWLY VALUED CURRENCY WITHOUT IRAQ AND POSSIBLY S.A.!

2-3-2016   Newshound Guru wmawhite
   ...if you had to start buying and selling outside of the USA using your own money and you had to use $1182.00 each time you purchased one small item that would normally cost $1, wouldn't you start using your money smarter?  If you had 91 tons of gold and 100s of years of natural assets...wouldn't you arrange deals with other countries so that you would not have to pay $1182 for that $1 item? Instead, you would explain how you were more valuable and your one dollar was worth much more. This is what will take place when Iraq enters the economy market.   [post 2 of 2]

2-3-2016   Newshound Guru wmawhite   Many members of parliament do not get the "big picture" when it comes to long term strategy and competing on the world economic stage. Then there are others that get part of the "big picture", while are very small number are actually involved in this actually process.   [Isn't burning through the reserves a bad idea?]  ...the IMF told you, me and the world what will stop that...what was it?  The move away from Multiple Currency Practice (MCPs).  ...honestly...you ought to drop the term RV...concentrate on what will bring the change in the value of the IQD...and that was told to you by the IMF.   ...the CBI in conjunction with the IMF are preparing to enter the economic markets.  [post 1 of 2....stay tuned]

2-3-2016   Newshound Guru OOTW    THEY WANT TO PULL IN THE "LOCAL" CURRENCY TO BRIDGE THE DEFICIT IN THE BUDGET.  BY BRIDGING THE DEFICIT IN THE BUDGET, (BY PROXY) THEY'RE ATTRACTING IQD AND INVESTORS WHO ARE HOPING TO REAP PROFIT BY PURCHASING THE BONDS AT A (TBD) INTEREST RATE. THIS IMHO, WILL TEST THE CONFIDENCE OF IRAQI'S AND ALSO PULL IN IQD...it appears to me that they do this by buying foreign currency reserves.  Once the cbi stops this intervention And people continue to buy dinar This will cause the exchange rate to go up - that is the hope anyway.   [post 2 of 2]

2-3-2016   Newshound Guru OOTW   Article quote:   "Iraq plans to sell local bonds to the public for the first time since 2003, with a 5 trillion dinar ($4.24 billion) issue expected this year, the finance minister said on Thursday, as the country seeks to cover a widening budget deficit."   IT APPEARS THAT IRAQ...OFFERING NATIONAL/LOCAL BONDS IS TRYING TO PULL IN IQD BY IRAQ OFFERING BONDS IN LOCAL CURRENCY, THE ATTEMPT IS TO DRAW IN IQD BY OFFERING THE BONDS FOR SALE IN THE VALUE OF THE LOCAL CURRENCY...  THE ARTICLE STATES AT  "1180".  [post 1 of 2....stay tuned]

2-3-2016   Intel Guru Frank26   The IMF is in contract with the CBI and the GOI together...there is a target date and it is being rumored all over Iraq right now.  Iraq is on the verge of something happening to the citizens...to the banks...to the Kurds...to Sistani...to the GOI...and there are more...but all are waiting to see the CBI’s next move...and they said 2-3 days ago they were going to work on that.  The Minister of Planning...says to fix their problem they need to raise the rate to 1 to 1, actually he said a rate of about 1.13 to 1.15 for 2-3 years and then he said, maybe after that time period maybe we can see if we can take it up into the $3 range.   [post 2 of 2]

2-3-2016   Intel Guru Frank26   [via Aggiedad77]   ...the CBI right around Thursday going into Friday...they made some moves and there is a good sound reason for these moves...it was around that time that our TEAMS found out that they were about 2 or 3 days away from taking the recommendations that were given to them from the IMF and many other agencies they are working with right now and move forward with the solution to their liquidity problems in Iraq.  [Guru] DELTA and I talked and thought good gracious if they do this there is only one way and that is to lift the value of their currency...these guys are very serious about taking the recommendations of the IMF and fulfill the solutions to many of their problems...paying debts to people...the deficit in their budget...all the bad things that are going on with Iraq right now with their reforms...2-3 days...well that would put us right about now...today It is of no exaggeration when we say there was a lot of activity and...some very powerful articles that had some equally powerful statements.   [post 1 of 2....stay tuned]

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