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Monday, June 20, 2016

DINAR GURUS UPDATE, 20 JUNE

6-20-2016   Newshound Guru Mailman17   CONTRARY TO SOME RECENT POSTS, AS FAR AS THE IMF AND IRAQ RELEASING THE RATE IN MID JULY, AGAIN WE MUST REITERATE WHAT SHABS HAS SAID IN THE PAST. IRAQ WILL NOT RELEASE IN THE MIDDLE OF ANY QUARTER AND THE IMF AGREEMENT FOR THE LOANS CLEARLY STATE BY...AND I REPEAT BY MID YEAR...MID YEAR AND THE START OF THAT IS JULY 1.   ALSO PLEASE REMEMBER THE NEWS WE GET MOST LIKELY IS DAYS IF NOT A WEEK OLD, WITH MOSUL BEING THE FINAL SECURITY PUZZLE PIECE. I ANTICIPATE THE RATE, WHATEVER IT MAY BE TO BE OUT BY JULY 1, THAT IS GOING BY WHATS IN INK. I SAID MANY YEARS AGO, THEIR FINANCES ALWAYS DICTATED A 1-1, WITH THE RATE MOST LIKELY BEING A MANAGED FLOAT. FINGERS CROSSED AS TO IRAQ HAVING THEIR CRAP TOGETHER. I HAVE NOT SEEN ANY NEGATIVE NEWS, ONLY SMOKE AS TO THEIR INTENTIONS. LETS SEE WHAT HAPPENS. AS ALWAYS...JMO

6-20-2016   Intel Guru Dr. Clark
   If it does not happen by 17th - we’d say there’s a 20% chance by 17th.  No, this is NOT about Mosul. Mosul is important, but it’s just ONE Piece of this puzzle. It’s a good one, but not the whole enchilada by a long shot. By August 14, you’re going to see a major Political change in Iraq, that will lay the foundation for when we REALLY expect the official raising of the rate in Iraq to be. In fact, we think there’s a 99% probability that Iraq will raise their rate the LAST WEEK OF SEPTEMBER, and it will be well over $3.00 exchange rate outside the country, and closer to $4.00.  It’s all about to go down in Iraq. But not in June, perhaps in JULY, Better in August and BINGO IN SEPTEMBER...   [post 2 of 2]

6-20-2016   Intel Guru Dr. Clark   [new Guru]   How long will it be before Iraq gets the green light from the IMF, to officially raise the rate? (really the U.S. committee).  It WON’T be in JUNE. We know this for a fact. However, there is a big, solid, huge piece of information that’s coming out in the next 5 days - by next Wednesday June 22, that will give you a massive shot in the arm, with factual information, as to how REAL this is, and a new indicator of timing. That timing, from what we know, has a shot - a probability - a good chance of a rate increase, by JULY 17th, especially that week leading up to the 17th.   Forget about what the IMF indicated “by the 1st half of 2016”.   It’s irrelevant. Things are going to start speeding up BIG TIME, after next Wed (22nd).  BIG TIME.  Lots of momentum...  [post 1 of 2....stay tuned]

6-20-2016   Newshound Guru Millionday   Article quote:  "Director General of the Trade Bank of Iraq, Faisal Sam Alheims with Conception Flannery, Managing Director of the Office of Citibank in Iraq examine how which will develop and strengthen banking relations and financial exchanges between Citibank and the Trade Bank of Iraq, as well as lifting the barriers that stand in the way of traffic and movement of money Iraqi around the world)"   SO OBVIOUSLY THIS IS THE MEETING...TO REMOVE THE BARRIERS THAT KEEP THE DINAR FROM BEING INTERNATIONALLY RECOGNIZED -- NOT BAD AT ALL -- WHOOOPOW

6-20-2016   Newshound Guru rcookie    THE WORLD BANK REVIEWED ALL OF THE OIL LICENSING CONTRACTS BACK IN NOVEMBER...MANY OF WHICH WERE REWRITTEN SO TO ADDRESS PAYMENTS OF ARREARS AND NEW PARAMETERS GOING FORWARD...BACK THEN ALMOST EVERY SINGLE OIL COMPANY WAS ANNOUNCING THE SCALED BACK REDUCTION TO OIL DEVELOPMENT PROJECTS IN IRAQ...LAST WEEK ALONE...LUKOIL ANNOUNCED...THAT THEY HAVE BEEN PAID...THEY ARE DOUBLING PRODUCTION AND INVESTMENT IN IRAQ...OIL WILL ALWAYS A DRIVING FORCE IN IRAQ...BUT REMEMBER THE 20 BILLION EURO PORT OF FAW PROJECT ALONE...IS FORECAST TO CREATE MORE JOBS AND REVENUES TO THE GDP THAN THE CURRENT OIL SECTOR NUMBERS...

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