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Monday, May 29, 2017

DINAR GURUS UPDATE, 29 MAY

5-29-2017   Newshound Guru mike   Article:  "Our economy space .. monetary policy is an example"   Quote:  "The edit currency or floating is not something strange or innovative in the money market, it is a tool of monetary policy for the countries of tools and not something terrifying or misadventure as portrayed by users of the thieves of currency teams in the bank auction"   Iraq's corruption is holding up progress. They've essentially dismantled the Finance Ministry and have hamstrung the CBI by keeping a Maliki proxy in as its leader. Things like this, and more, have prevented Iraq from moving to a free float because their actions are what's creating the spread and preventing a move to Article VIII. This serves the corrupt because they can continue to make $10-$15 million per day and the machine grinds along until there's no more reserves left to pillage.   [post 1 of 2....stay tuned]

5-29-2017   Newshound Guru G-Lin   Article:  "Central Bank Governor: Deposit Protection Law will be published very soon"    I read yesterday that the peeps still have their money under their mattresses. They tried to entice them with bonds and flood the market with USD and they still will not turn loose of their dinars. I seriously think the only way they can pull dinars in is with an increase in value and this deposit protection in place. JMO.   Since Alak is doing the talking, I think it will happen soon. Actually "very soon" as the art. states.  The law that is. Then maybe good things will follow. 

5-29-2017   Intel Guru RayRen98   The CBI governor was on TV saying the Protection Deposit Law will be implemented soon. The final battle for Old City should be on Wednesday.  Early Sunday update still showing one area needed.  Another bridge was captured today along with a hospital, the fighting continues.

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