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Wednesday, August 3, 2016

DINAR GURUS UPDATE, 3 AUGUST

8-3-2016   Newshound Guru Adam Montana   One thing we should all know about how a dramatic increase in the value of the dinar will work is that nobody in Iraq (or anywhere else for that matter!) will go into a bank or currency exchange with dinar and then walk out with buckets or wheelbarrows full of another currency. That's not how it works! We will either have to deposit it into their account, wire it to another account via their bank, or perhaps we will get a cashiers check.   Iraq faced a major problem 10 years ago that would have single-handedly prevented the RV, even if it weren't for the broken GOI and everything else: Technology. Iraq did not have the technology to do a mass conversion of their currency. I am referring not only to the lack of technology in their paper currency itself, which made it easy to counterfeit, but also the technology in how their banks talk to each other, share funds, or even participate in the auctions...before ~2009 the ISX was basically done on chalkboards!  ...but this is no longer the case. Check this out:  "The central bank plans to activate the electronic systems to minimize the cash trading process ...we are nearing the end of this ride. SO MANY things are now out of the way, the path forward is clearing up faster than a lot of people can believe, and we will see a rise in the value!   [post 3 of 3]

8-3-2016   Newshound Guru Adam Montana
  3. The news is showing more and more that Iraq is pushing to get control of ISIS. ...I've even heard a few comments about how ISIS must be "completely destroyed" before an RV, but that's just not true. ISIS influence on the stability of Iraq is dwindling.  4. In a continuing effort to bring Iraq as a nation closer together, we see more and more instances of the Kurds getting a larger share of the money. If you think back a couple years, you'll remember that the biggest obstacle to the HCL has always been lack of cooperation from the Kurds, and for good reason. They were getting screwed! Since Abadi has taken the wheel, that has changed. We are closer than ever to an HCL. It WILL happen.  I saved what may be the best for last...  [post 2 of 3....stay tuned]

8-3-2016   Newshound Guru Adam Montana   Here's something I almost never do... a DATE! (Sort of.) Ready? September MAYBE, October I REALLY like.  I could be wrong - August is not completely ruled out in my book, but after doing these updates for so many years, and studying Iraq and other countries like a hawk for an even longer time... I think I have a good "feel" for the status. ...these first 2 are the bad points. 1. It's been my experience (and history/news/Google will back this up with facts) that after Ramadan, they (Iraq) either have things lined up and ready to reach a milestone...or they don't.  Let's face it, nothing major came after this most recent Ramadan. It doesn't concern me about an "eventual" increase in the IQD, but I'm not going to expect it this week. 2. Remember what I was saying about "watch the oil" for the HCL to grow legs? Oil dipped again. Where it was once on the way back to a respectable $60ish range, it has dropped back down below $40 again.  Oil will go back up, and the HCL will get moving again, but I doubt August is our month.  Now let's talk about some positive stuff... [post 1 of 3....stay tuned]

8-3-2016   Newshound Guru Millionday   CBI IS EXPECTING THE E-CURRENCY TO BE COMPLETED IN 2017 FOR ON-LINE PURCHASING... THIS IS VERY SOON TO EXPECT E-CURRENCY DINAR IN THE POSITION THEY ARE RIGHT NOW -- SO THIS IS GREAT NEWS – IMO.  [do You think e-currency dinar going live in 2017 will have any impact on the expected revaluation of the dinar in the near future of 2016?]  IMO FOR THE EXPECTATION TO BE IN 2017 FOR THE E-CURRENCY -- AND THIS IS PART OF THE ECONOMIC REFORM...OBVIOUSLY THE SECOND PART WILL BE COMPLETE IN 2017  MEANING IT IS THE LAST PART -- WE STILL DO NOT KNOW WHEN THE FIRST PART WILL BE COMPLETE. [post 2 of 2]

8-3-2016   Newshound Guru Millionday   Article quote:  "...the introduction of the electronic currency trading and cash deal... the Governor of the Central Bank announced the date of the implementation of the program during 2017."
E-CURRENCY OF THE DINAR...FIRST WHAT IS E-CURRENCY?  "a type of currency in electronic form that is designed especially for paying for goods and services bought on the internet: E-Currency allows the purchase of internet goods and services at lightning speed and most importantly with a high level of security."  SO I THINK WE CAN AGREE THAT TO GO GLOBAL INTO THE MARKET THESE DAYS OF TECHNICAL ADVANCEMENT... IT IS NOT OUT OF THE QUESTION TO EXPECT THIS SITUATION IN IRAQ TO REQUIRE A FORM OF E-CURRENCY TO DO TRADE ON-LINE WITH THE GLOBE.  IT ALSO IMO AND MANY OTHERS IS VERY IMPORTANT TO HAVE COMPLETED THE GLOBAL PRICING CALCULATION /EQUATION --- OBVIOUSLY.  [post 1 of 2....stay tuned]

8-3-2016   Newshound Guru rcookie    Article:  "Dinar on raising the money supply in the size of banks"   Quote:  "Currency market and called on the central bank to the registration of the Iraqi dinar in the foreign exchange market..."  HUGE INFORMATION IN HERE...HUGE!  CBI TO REGISTER IRAQI DINAR ON FOREIGN EXCHANGE MARKET!  FORM A JOINT STOCK COMPANY FOR THE MANAGEMENT OF ELECTRONIC TRADING & ISSUING SMART CARDS ESPECIALLY DUE TO THE SHORTAGE OF CERTAIN NOTES LIKE THE 25K RESULTING FROM SMUGGLING...THEY ARE CITING THE SUCCESSFUL PROGRAM TEMPLATE OF THE KUWAITIS... TOWARD THIS MATTER!

8-3-2016   Intel Guru Bruce   Redemption centers are quiet. They are on blackout. Some that we know of, so probably all are ready for notifications. We believe that all are on an any moment basis. We heard this from many sources. We are not calling it, we are just telling you to the best of our ability that this is what we have been told that this is where we are.  I'm excited, but I'm cautious about making you all too excited. I've been affected by this over 12 years. I'm frustrated as well. But we are all in the same boat.  We will all receive the blessing together. We all go at the same time. Rates - my position has always been not to put out rates...rates could change up or down, at any moment. 

8-3-2016   Newshound Guru Bondlady  Article:  "Dollar rises again .. specialists are demanding the central bank to clarify the reason for the low value of the dinar"   ...people are still sitting on their dinars, the CBI needs the majority of those dinars back, if the people won't do it on their own, I wonder if the prices aren't being manipulated, making things cost more money by making the dinar even less attractive and causing them to use more dinars for there purchases... end result would be the same just not as quick imo.

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