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Wednesday, June 22, 2016

DINAR GURUS UPDATE, 22 JUNE

6-22-2016   Intel Guru Frank26   ...when you look at all these steps that are occurring you can’t help but get excited...Abadi...said...Parliament is voting right now on sending international economic agreements by our government which are in line with our economic vision... I have ALL my ministers working on getting ALL the lands back right now...I have ALL my ministers working with the committees of economics and investments to tell the world that...the agreements that we made on our economy with the IMF...are in line...with the international standards...we are bringing you back into the international world...  the governor of the CBI...says...we got $53 billion... Iraqi cash reserves...which are the IMF requirement are about $53 billion and with gold...it’s a lot more than that...IMO.   ...it is for the existence of the amount of foreign exchange that is going to be coming into our country [Iraq] from the international investors and we need to cover our local currency basically to cover theirs...it is exciting without a doubt...

6-22-2016   Newshound Guru Kaperoni
  Article:  "Central Bank Governor "long": equality dinar dollar threatens local production and the deletion of zeros depends on stability"   Quote:  "*Project to delete the zeros Wayne now, why it did not apply private and it raises the value of the dinar.?  - The project to delete the zeros still exists and we have a technical preparations in this area, but we are waiting for the stability of the general situation, because this is a great work when we need stability in addition to the stability in the development of institutions, in particular, what we can organize and manage the operation and supervision are not allowed with breaches or excesses."   Iraq is about as stable as it is going to get (outside of Mosul). So they should be seriously considering implication very soon.And ...those kinds of statements are in direct support of raising the value as the economy grows, investment flows, etc. Again, I believe the increase in value will be used to counter the inflationary pressure created by the influx of investment once the doors really open for investors. Time will tell, but let's hope they pass the laws we need and get the show on the road.

6-22-2016   Newshound Guru rcookie   AND AS ANOTHER BACKDROP TO THIS STORY...ISNT THE TBI THE BANK THAT WE JUST SAW RAISE THEIR CAPITALIZATION IN THE LAST FEW DAYS ALONG WITH MANY OTHERS...  [YES...and how much was that?]  300%....FROM 500 BILLION TO 1.75 TRILLION. AND WHEN YOU SEE UPSWING IN CAPITALIZATION THERE IS AN INHERENT EXPECTATION OF VALUATION INCREASE...   [reference Guru wmawhite post 1 & 2  6-22-2016]

6-22-2016   Newshound Guru wmawhite   They increased their shares from 54.7% to 64.7%.  Why?  ...this is very interesting news and IMO is an indicator that Iraq’s neighbors are aware of major changes coming soon from within Iraq’s financial institutions.  I have always believed that Iraq’s neighbors have their fingers on the pulse of Iraq and that they will be the first to pounce on these opportunities being created by Iraq.  This move by Bahrain’s Ahli United Bank combined with what Citibank just stated a few days ago ought to have you thinking...this is happening right in front of us...there are no secrets to this...they are announcing to the world as this is happening.  [post 2 of 2]

6-22-2016   Newshound Guru wmawhite   Article:  "Iraqi trade talks with Citibank to develop relations – June 14, 2016"  Quote:  "as well as lifting the barriers that stand in the way of the constant movement around the world of the Iraqi dinar."  this is Citibank stating...let's lift the barriers...  Article:  "Bahrain's Ahli United Bank buys shares of TBI"  Since 2003, other banks in the region have been buying shares into the TBI...This bank (Bahrain’s Ahli United Bank) that is located in Bahrain already owned the majority of shares of the Trade Bank of Iraq. Yet, they apparently believe there is an up-side/an advantage to increasing their control over the TBI.  [post 1 of 2....stay tuned]

6-22-2016   Intel/Newshound Guru Poppy3  ITS AFTER A 3 DAY BANK SHUT DOWN AND LAST MONTH WHEN OUR ...VP WAS IN IRAQ AND HE WAS INFORMED IT WAS GOING TO POSSIBLY TAKE THEM TILL THE LAST WEEK OF JUNE TO BE READY...HE SUGGESTED IF IT WAS GOING TO BE THE LAST WEEK OF JUNE TO JUST NOT RELEASE TILL THE 4TH OF JULY FOR AMERICA AND IT WOULD BECOME THE NEW REASON FOR INDEPENDENCE DAY?  THAT WAS THE RUMORS LAST MONTH FROM BOOTS ON THE GROUND IN BAGDAD.  [post 2 of 2]

6-22-2016  Intel/Newshound Guru Poppy3   ...WE ARE CLOSING IN ON SEVERAL THINGS OF GREAT INTEREST.  FIRST THE DINAR --- ALL NEWS AND WRITTEN REPORTS AND ALL PERSONAL SOURCES ARE ALL ADAMANT THIS IS THE RIGHT TIME AND THEY ARE IN THE RIGHT PLACE PUSHING EVERY DAY AND WORKING AT NIGHT TO PREPARE FOR THE NEW RATE AND INTERNATIONAL TRADE WITH CURRENCY EXCHANGE...AS I HAVE TOLD YOU AND SHOWN REPORTS FROM THE IMF, WORLD BANK SAYING THE SAME THINGS. WE STILL WAIT AND SEE BUT MANY REPORTS NOW OUT SAYING JULY 5TH IS WHEN WE SEE IT GO GLOBAL.   I TOTALLY BELIEVE IT.   [why July 5th?]   TWO REASONS...  [post 1 of 2....stay tuned for the rest of the story]

6-22-2016   Newshound Guru wmawhite    ...Guru Dr. Clark...stated..."Forget about what the IMF indicated “by the 1st half of 2016. It’s irrelevant..."   Seriously, Dr. Clark? We should...disregard the one entity that has more knowledge about Iraq and the Central Bank of Iraq than any other entity on this planet?  It is reasonable to believe that the IMF, WB (World Bank) and the CBI "KNOW" what is going on with the money policy of Iraq.  [reference Guru Dr. Clark post 6-20-2016]

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