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Thursday, January 12, 2017

DINAR GURUS UPDATE, 12 JAN

1-12-2017   Intel Guru Delta    ...IT LOOKS LIKE THE RATE ON THE  SPREADSHEET OF CBI IS GONE NOW ALSO...SINCE THE START OF 2017...NEW RATE IS COMING!!!   CAN I SAY BINGO!!!

1-12-2017   Intel Guru RayRen98  
 [After the Budget is released to public to see will that have 1] new rate ...2] or do you think it will be after January 20th when Abadi comes to the Inauguration of President Donald Trump?]    That’s what we are being told, that it will be in this Budget. I don’t think it will wait until after the Inauguration, because of everything that has taken place, but if so, so be it. It’s not that long away, after all!  [Is the Budget in the Gazette?]  The Budget is not in today’s Gazette, but there is an expectation of seeing in Sunday’s Gazette.  WE wait to see what happens next.

1-12-2017   Newshound Guru Adam Montana   [Who is going to give in first on the HCL issues. From what Im  understanding the whole HCL thing is just a matter of the percentage of the budget.]   "Who" is going to give in first? That's a question that just makes me GIDDY with joy, because nobody has to "give" in at this point... they are truly at a place where everyone is moving forward, everyone is winning, and things are just going great for us!  I can almost envision a red carpet rolling out in front of us (and them) on the current path. Something REALLY bad will have to happen to change that.

1-12-2017   Intel/Newshound Guru Mnt Goat   "President Fouad Massoum on "financial budget law to 2017", has approved the federal budget of the Republic of Iraq for the fiscal year 2017 ″, noting" that it was sent for publication in the Official Gazette ". ...this will not mean an automatic RV, nor that the “RV new rate” will be written in the budget for us to see.

1-12-2017   Newshound/Intel Guru Arthur   On the security front, we see massive progress to the point where many believe the final liberation flag could be flying over the center of Mosul as early as end of this week.  We also know that just days ago PM Abadi closed the boarder with Iran and issued a blackout.  When we consider that the UN/CBI has not updated on their usual schedules, and that we are now being told that many bankers are seeing blank rates on their screens with only an 800 number for further information, and that just days ago the Electricity Minister of Iran postponed the signing of further contracts with Iraq until as he said "the new exchange rates are taken into consideration," and that the Iraqi 2017 budget has been signed with a 7 day constitutional deadline for entry into the Official Gazette, as we are just days away from the inauguration of new American leadership, we now have a perfect storm to finally see this blessing ANY DAY NOW IMHO.

1-12-2017   Newshound Guru Adam Montana     I believe the HCL is closely tied to many things, which is why it couldn't be passed successfully in the  past. Too many things are intertwined into it! This is not a "magic wand" situation... Many many factors are part of this complex process, and every time we see a positive article from Iraq regarding utilities, trade, government, and a slew of other elements have to come into place for Iraq to RV.  They could just RV today, but without a little more stability in their infrastructure, the value could easily crash before we even get to cash in... nobody wants that!  So as intelligent and (sometimes) patient investors, we continue to watch and root for Iraq.  Our patience will be rewarded. It's just a matter of time.


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