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Tuesday, January 3, 2017

DINAR GURUS UPDATE, 3 JAN

1-3-2017 ****  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...
1-3-2017   Newshound Guru mike  We know, through transparency, rational and reliable sources why Iraq hasn't moved their currency forward, the IMF tells us at least twice a year:  A) Eliminate Exchange Restrictions  B) Control the MCP within a 2% band.  No mystery here, these are very simple, easy to understand issues that Iraq can't or won't address so they can move the currency to Article VIII, which we'll need to have value added to the currency. Different principles apply to the economy, but they're just as easy to understand. If a country creates an economy where imports are purchased, demand for their currency will increase which causes the value of the currency to rise. Super simple. Iraq needs to move to an open market economy...   IMO.

1-3-2017   Newshound Guru mike   Iraq is definitely, opaque, irrational, unreliable and unpredictable.  But, that's why there's a process, Iraq's not the only country in the world who's gone through this phase of dictatorship and sectarianism, that's why everyone has to conform to a certain set of standards, procedures and rules, it levels the field and offers  transparent, rational, reliable and predictable activities. Do country's always follow the IMF/WB rules? Nope, and for that there are consequences. That's why we have the Article IV consultations, Treasury Dept. assistance and other groups helping Iraq. These tools clear up any minsconceptions...and allow us to see the true facts regarding Iraq's financial situation, which includes their currency.

1-3-2017   Intel Guru ADMINBILL   ...I AM HOPING THE INFORMATION I RECEIVED YESTERDAY IS ACCURATE AND WE ARE NEARLY THERE. ONE OF THE REASONS I AM LEANING IN THAT DIRECTION IS THAT I WAS ALSO INFORMED THAT THE MAJOR CONTRACTS THAT ENDED ON THE 31ST WERE TAKEN CARE OF AS REQUIRED.

1-3-2017   Intel/Newshound Guru Mnt Goat  Yes the country is making a great turn-around since post elections 2014. In retrospect over the last 2 years we witnessed all the new banking laws, reforms and other needed laws. But they had a security breach with ISIS and then the drop in oil prices. Combined these two factors decreased the countries revenues while at the same time increased their expenditures. This created a situation when in 2015 (a targeted date for the project to delete the zeros) they had to postpone the project once again. At this time they stated a timeframe when they would target the resumption of the project’s next phase. They told us in EALRY 2017 [post 3 of 3]

1-3-2017   Intel/Newshound Guru Mnt Goat   Third: Iraq has not yet gotten out of the program rate and are still officially under sanctions even the war has been over now for 13 years. The plan (and this is in writing to prove it) was to get out of the program rate in 2008 (the first time they tried to revalue). But once the war over the, corruption, politically and security instability has not allowed them to progress.  Had post war Iraq looked very different, had there been a more successful democratic government and security force established they probably would not have waited so long to implement this project of currency reform.  So has the situation gotten any better?...   [post 2 of 3....stay tuned]


1-3-2017   Intel/Newshound Guru Mnt Goat   ...one more bit of evidence that the Iraqi dinar is NOT going to lop. [reference Guru Mnt Goat post 1-2-2017]  Did you know that a lop  is used as a tool. Yes – it is a special tool that IMF uses to consult with a country to help fight hyper-inflation. It is especially designed for this purpose. So is the currency of Iraq namely the three zero notes now hyper–inflated?  Absolutely NOT!  First: The inflation rate in Iraq is amazingly very low compared to other countries,   Second: The currency of Iraq did not float to the hyper-inflated three zeros while on the international markets, instead it was suddenly and intentionally brought down to a “program rate” for purposes of fighting a war and taken off the international exchanges. This was to suppress the bad guys from using the Iraqi currency to buy weapons to fight the coalition forces against Saddam Hussein.    [post 1 of 3....stay tuned]

1-3-2017   Newshound Guru rcookie    Article:  "Low monthly inflation rates and the annual report in November"   Quote:  "Hindawi said that "inflation index for the month of November last dropped by 0.7%, compared to October of last month,.."   INFLATION DOWN 0.7%  IN NOVEMBER FROM OCTOBER...AND DOWN 1% FROM NOVEMBER 2015...  [And what did Shabibi say about inflation and monitiary reform?]  IT IS THE DETERMINANT...

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