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Thursday, October 27, 2016

DINAR GURUS UPDATE, 27 OCT

10-27-2016   Newshound Guru firefly   Press release:  "Statement by an IMF Mission on Iraq"  Quotes:  “Once agreed upon additional information has been provided and agreed prior actions have been implemented, the IMF Board will consider the first review of the SBA, likely in November..."   and agreed prior actions have been implemented...Can't get any clearer than that...You folks should be dancing in the streets.  Prior agreements to be implemented huh?  Love that sentence.  Quote:  "Once you submit the requested additional information and the implementation of actions agreed presets, the Executive Board will consider the first review of the standby credit agreement, which is likely to be in November or December."  and the implementation of actions agreed presets...WOW...These words are what we've been waiting for for so many years!  [post 1 of 2....stay tuned]

10-27-2016   Intel Guru ADMINBILL
   I HAVE SPOKEN TO ADDITIONAL CONTACTS TODAY THAT ARE NOW BEING TOLD PARTS OF WHAT I AM LETTING YOU KNOW...I AM RELAYING TO YOU IS WHAT I HAVE BEEN ALLOWED TO PASS ON...   [...are there any more hold ups for the RV?NONE THAT I HAVE BEEN INFORMED OF AND I DO EXPECT TO SEE ACTIVITY VERY SOON.  [Did your info. this evening give you cause to readjust the target of Nov. 10th to sooner?]  POSSIBLY...OKAY PROBABLY.  BASED UPON WHAT I WAS TOLD TODAY AND WHAT I AM HEARING TONIGHT YOU NEED TO BE READY.  I AM FEELING VERY GOOD ABOUT MY CALL TODAY AND SUBSEQUENT INFORMATION FROM OTHER SOURCES TODAY.  DONG RATES WILL BE VERY GOOD.  AS ALWAYS WE MUST ROLL WITH THE FLOW BUT THE FLOW SEEMS TO BE HEADED TO THE BANK.

10-27-2016   Intel Guru Frank26    I believe we have a good chance this Year ... Hence Christmas would come early
... IMO.

10-27-2016   Newshound/Intel Guru Bluedog   Article:  "CBI succeeded in raising the value of the Iraqi dinar against the US dollar at a critical time Iraq is going through and circumstance and the Iraqi economy under the cover of a fierce war..."  THIS IS IN SIMILAR TO WHAT [Guru] DELTA SAID WAS A LEGITIMATE ARTICLE JUST RECENTLY...NICE TO SEE A CONFIRMATION OF THE FIRST ONE...THIS IS GETTING LEAKED AND IMPOSSIBLE TO CONTAIN.  [From Guru Delta]:  CBI SUCCEEDED RAISING THE VALUE...PAST TENSE...TO ALL IRAQI CITIZEN...MEMO WAS SEND FROM CBI... WAITING FOR OFFICIAL ANNOUNCEMENT.

10-27-2016   Intel Guru RayRen98 
  It looks like the Budget will have its second reading and then they vote it in as a final piece. We’ll see how that unfolds.  Abadi has announced that they are in the advanced stage of retaking Mosul. We saw some information about Iraq being connected to 400 international banks, and you don’t do that without international currency.  [ I don’t understand why we are on the cusp of a major revaluation but there hasn’t been one word on any of the media channels. Why is that?]  I have no idea why they’re not talking about it. Some things have not been made public yet, that’s why I say “if and when” until it happens.  I’m thinking it will happen by the first based on what I am hearing. 

10-27-2016   Newshound Guru Adam Montana   [...when do we expect to hear if the budget is passed?]  ...I feel that it's on pace to be passed by the 1st of the year if not sooner. [Do you think the HCL will be passed along with the 2017 budget and be published at the same time?]   They look to be moving at about the same speed. 

10-27-2016   Newshound Guru Kaperoni   Article:  "Currency auction burden on the Iraqi economy"   They cannot stop the auctions until they have an alternative which is floating the dinar.  And until they can demonstrate that they can manage the spread within Iraq, they will not get the green light from the IMF to exit the peg and move to Article VIII.  ...this is the closest we have been to reform since late 2012 when Shabibi was run off.  Hang in there!

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