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Friday, May 12, 2017

DINAR GURUS UPDATE, 12 MAY

5-12-2017   Newshound/Intel Guru Mnt Goat   Some are saying that Mosul has already been "fully" liberated and just not announced. Really? Article quote:  "The chief of staff of the Iraqi army, Major General Othman al-Ghanmi, had predicted the end of last month that the liberation of the right side and the liberation of the city of Mosul entirely from the gangs of terrorist preachers before the month of Ramadan next, which ends the month of May."  Okay so here it is in black and white. The month of May was and still it their target. It is confirmed by this article. No doubt about it! I believe if they continue {and don’t take another extended strategic break} they will be done next week.. WOW! So what does this mean to usThis means the CBI can no longer use ISIS as an excuse not to continue with the currency reforms and project to delete the zeros. NOOOOOOOOOO excuses!  We all should know by now that the end to our RV saga is very close at hand.  

5-12-2017   Newshound Guru MadDScout
   [...Ramadon is coming up...historically everything shuts down. Do you guys personally feel that if we don't revalue within the next week, we're going to be forced to look at a much later window?]  I don't hold that Ramadan is a holdup.  I think it is conditional...As in when they meet the conditions...

5-12-2017   Newshound Guru Kaperoni    Article:  "ATMs for MasterCard card users"  Quote:  "The Ministry of Communications coordinated the establishment of ATM for users of the card (master card) through its outlets in post offices in Baghdad and the provinces."   IMO, these types are articles only tell us currency reform is coming sooner than later. 

5-12-2017   Newshound/Intel Guru BGG   Article:  "Iraq offers compensation settlement and Kuwaiti debt against investment"   Quote:  "...the meeting also discussed the file of compensation with the State of Kuwait and ways to settle through the window of investment inside Iraq.".   two separate items talked about - how to pay back Kuwait (not to be confused with) - their eagerness to settle investments inside Iraq?  One of the big problems needing dealt with - is they have few mechanisms in place to safe guard investors. Why would the IMF care about Iraqi investors. They don't - this is referring to OUTSIDE investors. Period.  Really good news - entering final talks - it appears.

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