Wednesday, December 28, 2016


12-28-2016   Newshound Guru Islandg1211    TODAY'S ARTICLES ARE EXACTLY ON POINT OF THE ORIGINAL PLAN FOR IRAQ, A PLAN WHICH INCLUDES GETTING THEIR CURRENCY OFF THE SANCTIONED RATE AND BACK ON FOREX.  Finally, the 2017 Budget was passed by the GOI. (Not sure if it was signed by the president and printed in the Gazette to become law.)  Citibank and other banks have just started selling and buying the Iraq Dinar again.  Finally, the international corporations and investors wanted the RV and the reconstruction phase to start in order for them to make money in Iraq. An article today from the US State Department, states that Iraq is a good investment in the long run.   [post 2 of 2]

12-28-2016  Newshound Guru Breitling 
 ...That’s what the actions are…a tool for that.  They’ve always planned on getting rid of the auction.  They’ve always planned on adding value to the currency that you and I have.  They’ve always planned on adding smaller denoms to the currency as the value goes up and then sooner or later getting rid of the currency you and I have.  SIDE NOTE:  if they were just going to add value to our currency and pretend there are no zeros on the notes that in itself would reduce the note count.  They would not have to get rid of the physical notes like they’ve been doing.  That’s how we know they are not going to LOP.  They have not changed their minds and we’re only going by what they say.  This is not an opinion.  This is coming from the Ministry of Finance, Ministry of Planning and the CBI.  [post 2 of 2]

12-28-2016   Newshound Guru Islandg1211   Although the GOI is on vacation until Jan. 10th, and the liberation of Mosul has stalled a bit, and it's the holidays, some great headlines and news articles are coming out of Iraq...  Articles & Headlines:  "Abadi stated today that he will finally submit resumes for his vacant Ministers spots"  "UN stated today that Iraq was let out of almost all of the Chapter VII sanctions."  "World Bank approved their loan to Iraq and stated that "Iraq is one of the richest countries in the world and shouldn't have any problem repaying their debts."  Article today talked about the need to have a law ending the currency auctions.  Article yesterday talked about finally passing the HCL law, along with other needed laws in the next GOI session...   Another article featured the headline, "Iraq looks to Trump to complete the SBA." Yea! The article talked about the Marshall plan and the meetings with the new Trump folks to move Iraq into the next phase, from war to reconstruction.  [post 1 of 2....stay tuned]

12-28-2016  Newshound Guru Breitling  There is good news and it’s phenomenal.  This is a mystery to me…something I have not been able to figure out.  I don’t know when/if they start adding value to their currency at what point will they get rid of the auctions?  It doesn’t matter for us…it really doesn’t.  In the context this is not something you need to look out for because if they get rid of the auctions today then something is coming down the road.  But if they start revaluing, start adding more and more value to the currency and the auctions don’t disappear…that’s just a way to manipulate the currency even more... [Post 1 of 2 stay tuned for the rest of the story]

12-28-2016   Intel Guru Bruce  What else we know is 31st of December is New Years Eve, and it is the day the UN Operational rates suppose to show effectively.  Will they change on the 29th which be Thursday or not show the change until the 31st?   We don’t know that.  On the 31st, the Vietnamese Dong and Iraqi Dinar, their rates are supposed to change and reflect that change.  ...we should get a heads up pretty soon. We thought we would go last night.   ...hopefully we are there now and ready.  Intel is looking very strong. Not giving dates, but looking good for the end of the year. Set your goal for 2017. You should be excited right now for what we are about to embark on.   [post 2 of 2]

12-28-2016   Intel Guru Bruce   We did miss it for Christmas. I expected to exchange today [Tuesday]. I am feeling very good what I have heard the last few days. We are in a great place. Just hang in there a little bit longer. We would all like to celebrate New Years completely hydrated financially. With any success that would be our case.   Things are popping behind the scenes, but they want to keep it quiet... for a reason.   We heard Iraq is in a situation where they have one more thing to do...As of 4:15am today [Tuesday], they still needed to pay restitution and past debts that were owed to Kuwait. That was the one last thing besides showing an updated revalued rate they needed to do. That began this morning at 4:15am.  My understanding is that was to be complete in 12 to 14 hours.  The timing for this is now very close because Iraq took care of the last thing they needed to do to be released from chapter VII from the UN. That very last portion to show their rate internationally may have been done.  [post 1 of 2....stay tuned]

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