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Saturday, January 21, 2017

DINAR GURUS UPDATE, 21 JAN

21-2017  Newshound Guru loop    ‘’Rafidain Bank confirms the grant in the 10 million dinars for employees to Card Holders”     Rafidian is working overtime on strategies to get the citizens to start using the banking system and feel safe doing so.

1-21-2017   Newshound Guru mike
   Article:  “Iraq opens the door to possibilities deletion of zeros from the local currency”   Context is important:  "the rumors about the Iraqi dinar at risk and prone to degradation and decline in comparison with other currencies as dollar, is not true," adding that "Msatralih dinar fully and that in progress.  What he's trying to do is convince the critics that the dinar isn't at risk or in decline, his response to that criticism is that there are plans in place to strengthen the dinar, at the minimum, the dinar's MCP should be within 2%, not the 9% that it currently is today. 

1-21-2017  Newshound Guru Breitling   …There are 3 windows Iraq has been talking about.  There are no specific dates or months.  They’re simply watching the markets.  There’s also reaction on how they are handling ISIS.  Having said that, they have a plan if the civil war between the Sunni and the Shia continues…they are going to add value to the currency, so they have ways to get around that.  In 2017 they specifically talked about 2 opportunities to raise the value of their currency.  At what speed, at what point, at what time?  They never really said.  I simply don’t know but I do know windows are coming up.  We passed one…that was back in November and that was based on how they were watching the markets…that point passed.  If these two windows in 2017 are missed they are going to revalue anyways so it really doesn’t matter…I don’t know the exact dates I really don’t.  If I was to calculate, probably the end of spring…That’s a guess and I rarely do that and that’s pushing it, it truly is.  That does not mean they can’t revalue tomorrow by the way. 

1-21-2017   Intel Guru ADMINBILL    UNCONFIRMED INFO FROM ACROSS THE POND FROM EARLIER TODAY: BAGDAD SENT NOTICES TO ALL THEIR EMBASSY'S YESTERDAY THAT THERE WILL BE AN ADJUSTMENT OF THEIR CURRENCY VALUE.  IT IS SIMPLY A MATTER OF WHEN. WE HAVE A FAIR TO GOOD SHOT AT THIS WEEKEND OR THE COMING WEEK.

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