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Thursday, March 30, 2017

DINAR GURUS UPDATE, 30 MARCH

3-30-2017   Intel Guru Frank26   Article:  "IRAQ’S CURRENT ECONOMIC OUTLOOK AND HOW IT CAN AFFECT DINAR VALUE"   Quote:  "With the economic boom led by Iraq’s oil industry, the national currency in the form of the Dinar will eventually rise to reflect the true value of the country’s oil wealth. The rise will most likely happen when the National Bank of Iraq lifts the artificially low value placed on the nation’s currency in 2003."   When a Nation Uses and Trades in it's OWN Currency it automatically adds Value and Confidence (Trust) in it. Yes this Baby is Born...But it is in it's infancy...Soon to walk to a run...Quickly.   The whole article gives me chilly bumps...!

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-30-2017   Newshound Guru Aggiedad77   Article:  "On the sidelines of the Arab summit .. Abadi meets Emir of Kuwait"   Sideline meetings at these summit meetings, I have long stressed that more happens on the "sidelines" than really does at the established meetings...and this says they talked of bilateral strengthening...but what they don't tell you is what was discussed before the cameras started to roll...those are the important words... 

3-30-2017   Newshound Guru Kaperoni   Article:  "Iraq’s Current Economic Outlook And How it Can Affect Dinar Value"   Quote:  "With the economic boom led by Iraq’s oil industry, the national currency in the form of the Dinar will eventually rise to reflect the true value of the country’s oil wealth. The rise will most likely happen when the National Bank of Iraq lifts the artificially low value placed on the nation’s currency in 2003."   The problem with that statement is the dinar is not artificially low.  It reflects the current exchange rate based on the current conditions.  Remember, Shabibi raised the value already from about 3000 / $1 to 1186 /$1 back in 2004-2005 to reduce inflation.  Until the market economy takes off, IMO we will not the dinar rise the remainder of the way.  To me, making such a statement as "artificially low value"...shows a lack of understanding...

3-30-2017   Intel Guru RayRen98   Iraqi TV is reporting ISIS occupying only 7% of Mosul.  Abadi speech mostly on people of Iraq and reconstruction. He made reference of peace and wealth transfer. He said Iraq is 93 % liberated of Isis. The following reports have come in...Big explosions and fires in southern Baghdad.  Kurdish flag placed in Kirkuk, they are demanding the HCL.  Parliament is on break until April 4.

3-30-2017   Newshound Guru Aggiedad77  Article:  "Saudi king of Ebadi: Saudi Arabia with the restoration of Iraq's great role in the region"   Abadi is making hay left and right at this Summit...he is taking internationalism to a new level for his country and its people.     

3-30-2017   Intel Guru Frank26   [Frank...you said there has to be a rate before the HCL can happen. Does that mean before they vote on it or does it take time after the vote to implement it and it needs a rate before its implemented.]    IMO...Before implemented.

3-30-2017   Newshound/Intel Guru Mnt Goat   Article quote:  "The spokesman for the Joint Operations Command Brigadier General Yahya Rasoul. Mosul (IraqiNews.com) The Iraqi security command leading operations against Islamic State in Mosul has said the battle in the west of the city was concluded on the military level."   hurray! So we watch and wait to see what the CBI does next. ...I presented some evidence that something (a big currency move) is planned for the very near future.

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