Thursday, May 18, 2017


5-18-2017   Newshound Guru tlm724   Article:  "Deposit guarantee law key to activate investments through banks"  Quote:  "Today we realize that money stashed away in homes exceeding 20 billion dollars and that a large number of course and can contribute to achieving sustainable economic development and change the Iraqi economy while being transported from the houses to the banking system."  They MUST get this money in the system!  That is a lot of dough.  The CBI has launched the Development Fund which will help address liquidity which is part of this issue . The people are hurting and granting loans to the citizens, if simplified, will get the people into the banks and they will need an bank account to get the loans so this is important!

5-18-2017   Intel Guru Frank26
   ...one of our newshounds posted the article ...The translation is very important.  URGENT...“...on Friday.”  It didn’t say “by Friday”...it said “...on Friday.” And that was said by Abadi.  This is what we’ve been looking for.  Friday is a TARGET DATE.  I find it interesting that on the 19th...we pray that we see Abadi announce the liberation of Mosul.  The 20th President Trump will be in the Middle East.  We need to see that announcement ON FRIDAY by Abadi.  IMO...on MONDAY they went INTERNATIONAL...and I look forward to the announcement of such.  (doesn’t make sense to do all of this for a program rate).

5-18-2017   Newshound Guru Phillyman  Article:  "Paramilitary troops free airbase, more villages, west of Mosul  Still hard work ahead for the military but the message of the inevitable victory in Mosul continues.

5-18-2017   Intel Guru Frank26   "Float dinar .. is the solution to save foreign currency reserves"  Quotes:  "The situation in the Iraqi economy forces the central bank to move and adopt a flexible policy in the exchange rate in preparation for floating the dinar against other currencies in the medium term."  "Manages Floating, which allows the central bank to intervene to prevent sharp and sangerous fluctuations in the dinar exchange rate, can be used here."  THIS IS HUGE!  It talks about the monetary reform, the budget, etc.  “Medium term” means right now!  They are going to manage the FLOAT of the IQD...(yup, they learned from Kuwait).  They told you...their goal is to get to 1 to 1.  A managed float? That’s back to the GLORY DAYS family!  72-78 days...it will peak.  What were the glory days?  $3.40ish.  All of this information is coming at the speed of light...just like we said once we have Mosul.  The CBI has been ready since JANUARY of this year!  They are ready to go!

5-18-2017   Intel Guru RayRen98   As far as the RV/GCR is concerned, some banks are changing policies with respect to dong...before you paid before ordering then picked it up, now you pay when you pick it up because the rates may have changed.  I think we’re looking good. We had some bank people really thinking we would do something Monday/Tuesday, but the majority are now thinking Thursday to Saturday...Thursday seems to be the hot day.  It looks like full Liberation of Mosul will be announced by the 19th, with celebrations being planned. The G7 meeting is in the next few days, and everything appears to be lining up. We’ll see in the next few days if it is this week or spilling into next week.  

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