Thursday, January 5, 2017


1-5-2017 ****  Dinar Guru Update ****  The gurus reported back in November and again in December the CBI's announced "Delete the Zeros" project would begin in early 2017...we are now in 2017's 1st quarter and so far the CBI has NOT announced a delay of thier plans.  Much has been in the news and the newshound and intel gurus have reported fantastic momentum in December.  Stay tuned as this story unfolds.  The latest guru posts will continue below...
1-5-2017   Newshound Guru Enorrste    ...it is my understanding...while under article XIV the dinar is not "internationally tradable" as we would normally use the term.  It is true that one can buy physical dinars, but the dinar is not "traded" on any exchanges as we normally think of that term.  Second, being under article XIV...also offers Iraq legal protection against lawsuits.  It is this protection that, effectively, stalls any significant trade between Iraq and the rest of the world.  The big players won't take the risk if they don't have some recourse legally.  Therefore...practically speaking getting out of Article XIV and into Article VIII is nearly necessary before anything will happen to the value of the dinar.

1-5-2017   Newshound Guru Kaperoni
   ...the dinar is legal tender and internationally convertible now. It is just that the CBI is under Article XIV that makes banks shy away from engaging with the CBI and dinar (because it is risky and banks by nature are usually conservative). That is a choice for banks to make. Article VIII simple means that the CBI has met a level of compliance and international standards under the IMF. Which then would be much more inviting for banks to want to engage with Iraq.

1-5-2017   Newshound Guru rcookie    Article:  "The return of power to the center of Ramadi"  Quote:  "The Ministry of Electricity announced the delivery of electrical power to the city of Ramadi, the center and the regions of Sufism and Khalidiya."  [where there is electricity, there is ATM machines running, computers going, banks going...]  AGREED...AND THIS IS FROM AN AREA THAT WAS REPORTED MORE THAN 90% DESTROYED...

1-5-2017   Newshound Guru loop
  [So did anyone notice on the cbi site the indicative rate changes from 1180/1182 to 1182/1184?]   I would not hang my head...over a two dinar downward shift in value and conversely I would not sing out from the rooftops over a two dinar upward shift. I am expecting a much larger shift and the news seems to indicate that we will see it.

1-5-2017   Newshound/Intel Guru Bluedog 
  Article:  "Iraq: We started to implement measures to reduce crude production from the beginning of 2017"   Quotes:   "Iraqi Oil Minister Ali Jabbar Hussein Allaibi announced on Thursday that Iraq has begun to reduce the national production of crude oil with the beginning of the new year 2017 procedures, in line with the Organization of Petroleum Exporting Countries (OPEC) decision."  "He explained that the decision to cut oil production is to address the decline in oil prices in the global market and the problem will no longer needed if the producers to achieve the goals."     Sounds like Iraq is dealing behind the scenes...and they are keeping us out of the loop... "OUTSIDE OPEC"...WOW!

1-5-2016   Intel Guru Frank26   Abadi said that in the beginning of 2017...was to OPEN the economic relations in Iraq to the INTERNATIONAL world?  They have a targeted/calculated date for the MR. (monetary reform).  IMO...they know the date...and they need to accomplish this in the MOOKLA of 2017.  They don’t hide the budget FROM us...they hide it FOR us.  To finish the security / stability...to reach the 57-58 for the budget. Delta said that they are hovering oil around 57-58. What would 60 and above mean?  That would wipe out their deficit. The GOI and the military are using the same strategy … because IMO...they have the same leader...(Abadi)...and they have the same goal. To add value...not just their currency ...but their country that is filthy rich!  The CBI is more than ready to release the rate...   [post 2 of 2]

1-5-2016   Intel Guru Frank26   On Tuesday...[Guru] Delta called me...and told me that the President of Iraq...used an Executive Order to POSTPONE the budget.  I was expecting to see it on the 31st.  Delta said that if it came out with a NEW RATE we would be happy...BUT if it came out with a PROGRAM RATE...it would send the wrong message! ...it would not impress the INTERNATIONAL world.  ...he doesn’t want to release it...because there is a new rate in it.  This also came from the High Council of Ministers.   The budget doesn’t need to be approved or passed...it NEEDS TO BE PROTECTED!  Abadi comes out...says he needs 72 hours ...and he wants another 72 hours more. Why?  Mosul...Give me Mosul...you’ll see the MR.  That mantra hasn’t changed.  So...we have a HOLD on the budget...  Stability and security are now the main focus.  MOOKLA = Security/ Stability = CBI releasing a rate.  [post 1 of 2....stay tuned]

1-5-2017   Intel Guru RayRen98   Up to 10 banks now and 1 credit union dealing in the Dinar...   CURRENT WINDOW:  ...One intel source aligns with Jan 5th. This week is still a possibility. . .   Iraq is quiet...  Budget: still expectations it will be in the Gazette this week.  Irons in the fire yet to come that say progress.

1-5-2017   Intel Guru Dr. Clarke   FYI, official funding outside the country for all exchanges, may begin next weekend of January 7, 8 & 9th, with the new substantially increased, adjusted rate value of the dinar, in Iraq.  FYI, in our opinion. The Nor’easter has now passed thru..

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.