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Saturday, February 4, 2017

DINAR GURUS UPDATE, 4 FEB

2-4-2017   Newshound Guru wmawhite   Article:  "...the news is wonderful and great , but i really do not see a change in value soon..."   If the CBI gave you a forecast of a change in value, would that enable you to see a change in value soon?   Because...the CBI has done exactly that.

2-4-2017   Newshound Guru Kaperoni
  Article:  "Iraq and the United Nations sign an agreement to establish a fund to finance the "economic reform"   I believe Iraq is coming to a crossroads in a few months. Once Mosul is clear, there are no more excuses to not build a market economy. And under the current circumstances, Iraq has little choice but to pass the laws and open the banking system. The other option is not good since Iraq cannot even make payroll under the currency revenues and oil dependence. They will need to put people back to work to rebuild and develop the economy very soon or this could all start another cycle of violence and instability.

2-4-2017   Newshound/Intel Guru BGG   Article:  "The battle for Mosul: I have never seen such hard fighting like this"  Daesh has lost half the city so far. There is no hope they will regain it. The UN came out of a security briefing just yesterday with a time-line in their heads... their comment "Daesh's days are numbered"...They did not say - directly. I take "numbered" to mean - no so long.  ...I don't see Daesh in full retreat (yet) - but there is no doubt they are on the wrong end of things right now.

2-4-2017   Newshound Guru Kaperoni   Article:  "Currency damaged .. share ample haunt the people of Kirkuk and dissipate their salaries"   Quote:  "...calling on "State-owned banks to address the currency damaged because the majority of the provinces dealt with the damaged currency through government banks..."   This is a very important thing.  Remember last time they were about to start the program under Shabibi and the currency was also worn out. When they didn't, they ended up reprinting many of the notes (under Abdel Basset Turki) so the citizens would continue to use and have confidence in the dinar. To me, it looks like we are getting to that point once again. Hopefully, the CBI will begin currency reform this time along with electronic dinar to move the economy forward. Another reprinting is not beneficial.

2-4-2017   Newshound Guru FrostyTheSnowman    Maybe I'm having a "Brain-Freeze" ...but with all of this political "POSTURING" in the Middle East ...     I kinda wonder if we're in for a little "show-down" with Iran ... which could INSTANTLY SHOVE oil prices up ... providing some excellent "cover" (distraction) for an RV to silently pop in the still of (any) night.

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