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Wednesday, March 22, 2017

DINAR GURUS UPDATE, 22 MARCH

-22-2017   Newshound Guru chattels   I would note that the Spring / Nowruz Holiday as posted at the CBI website is a one day observance [March 21].   I tend to think...that the the recent hiatus in publishing the market rate preceding and now following the holiday is remarkable, but the significance or pertinence to our "event", if any, is unknown and likely unknowable in the near(er) term.

3-22-2017   Intel Guru Bruce   They need to essentially publish their new budget with that rate...that is...in the budget in the Gazette. Why? We thought they did the 2017 budgetThey did.  They needed to modify the budget with the new accurate rate the dinar will come out with in the country of Iraq.   ...evidence is looking good for Iraq because of what they had to do in terms of Prime Minister Abadi’s travels here in this country meeting with everybody.  What we are looking for is for Iraq to publish this budget and essentially announce it in the Gazette...  The dinar will come back well over $3 or $4 which will be the true value of what their currency is. My understanding is we are as close as we ever been.  [post 2 of 2]

3-22-2017   Intel Guru Bruce    A lot has been going on behind the scenes.  Iraq...is still a factor. Still something we need to pay attention to. For example, Prime Minister Abadi coming to the US...He did meet with President Trump...He has met with other people in Washington yesterday. He did bring the document from the IMF that was more or less releasing Iraq from certain obligations with our government from the past.   Going back to Iraq itself. We know basically everything has been handled and Mosul has been taken back.  We know they got their sovereignty. We do need the UN to do one final release of Iraq of chapter 7. One thing needs to happen is their currency needs to be reinstated internationally...   So what does Iraq need to do?   [post 1 of 2....stay tuned]

3-22-2017   Newshound Guru Adam Montana   You're probably also seeing a lot of positive news regarding ISIS, Mosul, etc on the "tube". Or at least, you aren't seeing so many negative news stories... and you know why that is, don't you?  It's very simple - the media isn't making a big deal about Iraq anymore because things are going REALLY GOOD, and those aren't the stories that sell ads!   ...there is a LOT of progress happening right now with oil, agreements, and security. These are exactly what we want to see!  We are getting to a point in this Iraqi Dinar situation that has me excited again, finally, and it's been a long time since I felt this upbeat about the Dinar.  We've been going in the "right way" for a long time, but now we are on a STRONG path to victory!

3-22-2017   Newshound Guru Kaperoni  ...currencies cannot be randomly valued.  They are valued by supply and demand.  Iraq's dinar will rise in value, but based on sound fundamental economic policies controlled by the CBI.  We just have to wait that out as they progress with the transition to a market economy.

3-22-2017   Intel Guru Frank26    The IMF visited with Abadi...BEFORE he met with Donald Trump.  IMO...the monetary reform is in a speed of light that is unseen right now.  Mosul is done...IMO...and the MR is coming at a speed that is unknown to you.  Exchange rate restrictions?  If Mosul was an issue...Abadi would NOT be in DC right now!  For him to leave right now ...they have STABILITY / SECURITY in Iraq right now!  Let’s see what comes out of these meetings.  There are articles are out that there are NEW NEGOTIATIONS that are out between Iraq and the IMF, and the World Bank, etc.   If they already have negotiations...why meet in April?  IMO...a change in the rate should come before these meetings in April.

3-22-2017   Newshound Guru Kaperoni
   Article  quote:  "in addition to the reform of the banking sector to support growth led by the private sector before starting the process of reconstruction in post - Daesh."  This seems to imply the banking sector reform is just around the corner...

3-22-2017   Newshound Guru Aggiedad77
    Article:  "Iraq looking to raise obstacles to the entry of US companies to invest IMO when Abadi talks here about "raising obstacles" he's referring to a lessening of red tape for American companies and also a HUGE reduction in corruption issues that have kept many companies away in the past...He's smiling because he knows who will pave the way for the success of his government as well as his country...and it will not be Iran...He's got a new buddy in President Donald Trump and his administration...IMO look for Trump to be paying Iraq a visit this year...Frank [Guru Frank26]  said that issues with investors has to do with Iraq's restrictions on capital movement...as well as UN sanctions not being lifted, thus causing countries and investors to not want to go against the UN...Abadi has some definite changes he needs to make...that he can make...lift those restrictions...raise the value of your currency...get rid of the UN restrictions...IMO.

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