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Friday, November 4, 2016

DINARGURUS UPDATE, 4 NOV

11-4-2016  Intel/Newshound Guru tman23   This is the silent move suspected to be part of the process of lifting 3 zeros... Now in the past salary caps/budget and cuts...numbers worked out to speculating that a rate of 67 cents was in the formula...of course since then a great number of circumstances have entered the picture... The speculation today works out to 76 cents which would be on par with the Canadian Dollar and Australian Dollar...   It is this 1305 number that is on the board....in the banks and at the CBI...  Been waiting for this EXACT NUMBER to POST... IT was posted last night which in the opinion of "conspiracy theorists"...THE PROCESS IS ON TRACK... And it will without doubt have the 3 zeros lifted at the start of 2017...   [post 2 of 2]

11-4-2016  Intel/Newshound Guru tman23
  ...I posted back in April...The CBI governor said in several banking meetings inside and outside Iraq that the CBI plan was to maintain the rate of 1,305 through the end of 2016...The statement from the governor had bankers "shocked, disappointed, and not understanding the reasoning and none was provided"...BUT what is speculated is that this 1305 number has a significant role in the "numbers game" and lifting the 3 zeros... The speculation told to those who private message me is the start would have to begin at least 60 days before lifting 3 zeros... Just need to look/watch for unsuspected casual movements... Last night for the very first time in all banks across Iraq the rate posted 1,305... ...the rate fluctuates...it has been 1280, 1285, 1290, 1295, 1300, 1310... But NOT 1305 AND IT HAS posted the 60 days prior to the New Year that was the speculated timeline thought to see 1305... [post 1 of 2....stay tuned]

11-4-2016  Newshound Guru Breitling  I don’t believe for one second that you and I will wake up and the very next day it will be a $1.17.  They’ll stage it but it will go up and that’s the point.  They’ve been telling everybody for years.  What are the 3 main things we have to look for to make sure this thing is staged correctly?  We watch the note count.  We watch the competition within the country with what the dinar is competing against…the U.S. dollar mainly.  And the auction floor.  And it’s all coming full circle.  They’ll be able to add value to their currency.  They’ll stage it correctly they’ll be able to participate on the planet.  So whatever they are not making in oil they can invest in other business on the planet.  That’s how they’ll benefit from it. [Post 2 of 2 ]

11-4-2016   Intel Guru Delta   The CBI tried for so many years to control the market rate...but couldn’t. It’s impossible because the USD is so dominate in Iraq.  They have to make the IQD very effective and give it the power of purchase.  Even when Shabibi was in charge, he couldn’t control it. We all know what the IMF has the right to do.  This was the plan from a long time ago.

11-4-2016   Newshound Guru MadDscout   [Is Iraq currently in Article 8?]  They are working within art 8 but are not fully compliant.  [Is the spread part of the problem?]  They seem to have a handle on the spread.  It is a matter of putting new banking laws into effect across the board which was talked about in a speech at the International Fair held in Iraq.

11-4-2016  Newshound Guru Breitling 
 Iraq has oil...that’s it.  So if they’re not making money on the oil they have to get it from somewhere else…right now they are in a restructuring stage.  I get asked all the time, "when do you think it’s going to revalue?"  It all depends on how far they can go and afford restructuring.  Meaning how long can they go keeping their currency low and restructure for cheap?  Well guys that’s coming to an end.  they can’t do it any longer because of the market and the price per barrel.  That’s why you’re seeing all these articles coming out and more and more from the CBI saying “we’re going to do it…we’re going to pull the trigger.” and that’s why people should be very very excited because it’s coming down the road and its not hype.  It has to do with they’ve been kind of cornered.  Having said that… [Post 1 of 2 stay tuned for the rest of the story]

11-4-20165   Newshound Guru MadDscout   ...we are still in a very good place. They are still moving forward on many fronts. We are also seeing ground work being laid for the taxation structure and more evenly applied tarrifs.   Much investment starting up in many places.  We are watching Anbar being refurbished and all that is going on in Basra, and it's outlying cities.  And a speedy push into Mosul.  [Seems as though Mosul has to be liberalized from Islamic Terrorism...Then everything else starts to take place?]  I can't say as I disagree...I don't say have to...But it will go a long way towards it.  We know the CBI wants Political/Social stability.

11-4-2016   Intel Guru Delta 
  We noticed yesterday, the auction details...looks like they are ready to change the rate.  This is more and more confirmation that they are very, very close.  The rate must change first before they introduce the lower denoms.   In June/July, they got the 1st installment from the IMF...but the 2nd installment was supposed to happen before November.  ...so what happened?  I believe they are waiting for Mosul.  The IMF is waiting for them to implement the reforms.  They will meet on the 7th of November...but if Iraq isn’t done...they will wait until December 7th.  A lot of investors...outside of Iraq is waiting to get in.

11-4-2016   Intel Guru Frank26   Banks in Mosul...are not connected to anything...9 months ago the coalition forces blew up the bank in Mosul...But not all of the banks.  So what happened to them.  They were secured and TURNED-OFF.  If these banks are needed for the Monetary Reform...they can just REBOOT them...because it’s now an E-COMMERCE environment.

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