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Saturday, August 20, 2016

DINAR GURUS UPDATE, 20 AUGUST

8-20-2016   Newshound Guru  rcookie   ...IRAQ IS GOING TO HAVE AN INVESTMENT SERVICES COMPLEX TO ACCESS AND UNDERSTAND THE SERVICES OFFERED TO INVESTORS INCLUDING INTEGRATED SERVICES ACCESS TO GOV'T AGENCIES IN ONE PLACE...1 STOP SHOPPING AND INVESTOR SERVICES ACCESS!...THAT IS AWESOME!!

8-20-2016   Newshound Guru firefly
    Article quote:  "He predicted the financial advisor to the Prime Minister that "the budget deficit in 2017 up to about $ 18 billion,"  stressing that "the budget was drawn according to what has been agreed upon with the International Monetary Fund."   Now this is Saleh talking!  Abadi's Financial advisor.  This is worth repeating:  "the budget was drawn according to what has been agreed upon with the International Monetary Fund."  Remember, the IMF's role is preparations for countries through Article IV meetings.   ...we are watching the play in the front row seats!

8-20-2016   Intel/Newshound Guru tman23
   IMO...Ernest and Young are to be close to finishing setting up the 2 state banks near End of October... October is when the WB and IMF funds are scheduled to be released to Iraq... October is when we will see the liberation of Mosul... Basically...The CBI will have 60 days to the first of the year to introduce and educate citizens on the lower denoms... WE should begin to hear tons of chatter on the subject mid to late September.

8-20-2016   Newshound Guru rcookie
   ...THE REAL TELLING NUMBER IN THE RELEASED 2017 BUDGET DATA...FOR THE FIRST TIME THEIR GDP IS UNDER 90% OIL RELIANT REVENUES...THAT MEANS THEIR NON OIL REVENUE STREAMS LIKE CUSTOMS TARIFFS...ELECTRICITY & TELECOMMUNICATION TAXES...NATURAL GAS...LNG AND CONDENSATE AND OTHER EXPORT PRODUCTS AREMAKING IRAQ LESS OIL RELIANT THAN THEY HAVE EVER BEEN...AND THE DIRECTION THE 3 LETTER AGENCIES WANT TO SEE THEM GO...

8-20-2016   Newshound/Intel Guru BGG
   [lots of news...just cant believe how much has been going on in Iraq!]  I can't believe it either.  In fact, one has to wonder when that "tipping point" is...when so much is done, so much is accomplished, their economy is in such a state the "grossly undervalued" price of the Dinar is doing them considerable economic harm...there was a time the currency imbalance worked for them - however, I think they are nearing this place where they would like it to be "upped"...The flip side of Iraq wanting their currency "upped" - is they aren't the ones with the ultimate say...which brings us back to the IMF/UN being in such critical advisory roles. Iraq's GOI has BEEN ON FIRE to get their democracy righted since January... what changed? IMF/UN oversight... there has to be some carrot...

8-20-2016   Intel Guru ADMINBILL   ANOTHER WEEKEND IS UPON US IN DINARVILLE.  SEVERAL SAYING THIS COULD BE THE WEEKEND WHILE OTHERS SAY IT WON'T HAPPEN UNTIL OCTOBER.  THE POINT IS WE JUST DO NOT KNOW THE DATE OR RATE AND WON'T UNTIL THE DEED IS DONE.  I SAW AN ARTICLE...CLAIMING THERE ARE NO EXCHANGE CENTERS. NOT SURE IF THAT IS TRUE BUT BASED UPON ALL THAT I HAVE HEARD THERE ARE EXCHANGE CENTERS. ARE THERE 7,000? WHO KNOWS. MOST OF THOSE KIND OF QUESTIONS WILL NOT BE ANSWERED UNTIL THE RV HAS FINALLY PUSHED ITSELF TO COMPLETION.

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