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Wednesday, May 17, 2017

DINAR GURUS UPDATE, 17 MAY

5-17-2017   Intel Guru Bruce   There was an announcement Sunday morning... Prime Minister Abadi made an announcement welcoming countries around the world to come to Iraq to begin to do business. Iraq is open for business.  A simple announcement, but one that carries weight because he couldn’t make that announcement if they were not ready to do business with a rate, with a new currency in the sense of the lower denominations of the dinar, and with a full engaged banking system, financial system that works all over the country even in Mosul.   They are ready for business, ready to begin to being international again.  We are going to be very pleased even what we will see on the screens of the so called bank rates or screen rates. The timing is everything that is what we are waiting for, the actual release timing

5-17-2017   Newshound Guru Adam Montana
   Examples:   Major news announcements: "FROM IRAQI TV:  PM ABADI:  INVESTMENT DOORS OPEN TO INTERNATIONAL COMPANIES"   "Abadi: Investment doors open to international companies"  "Four new camps in Mosul to accommodate the newly displaced"  "The Minister of Displacement and Migration Jasim Mohammed Al-Jaf announced on Sunday the return of 122,137 internally..."  ...the evolution of tone and events is very encouraging!   "Abadi chairs a meeting of the Ministerial Committee on Energy and take a range of measures"  Oil and Energy continue to make progress, FINALLY! This is the exact area where we were stagnant last year. This year is different - the consistency of these articles lately is a telling sign. "The Ministry of Commerce promises Iraqis Surprise in the month of Ramadan  May 13, 2017"  New ration cards to be issued next week. Could these be tied into the upcoming changes in the entire Iraqi banking system, which will ultimately incorporate new currency, ATMs, and a new rate? It's a possible "gateway" move. For once, I actually agree that something might get done during Ramadan. *shock* *GASP!*   [post 2 of 2]

5-17-2017   Newshound Guru Adam Montana   It should be noted, and kept in mind, that Ramadan this year starts on the evening of Friday May 26 and goes through Sunday June 25.   That's 9 days from now.  Those of you that have been traveling this road with me for years know that I have always been VERY adamant that "nothing gets done during Ramadan"... but I'm starting to lean a little to the left on that commitment. There is just TOO MUCH happening right now! There are a couple key elements to this...that will make me go "Full Buzzy" in spite of the upcoming holiday that traditionally yields 0 "real" progress for anything in Iraq For some months now, I've been very optimistic about Iraq's ISIS situation. Over the last few days, this has only increased.  

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