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Friday, May 5, 2017

DINAR GURUS UPDATE, 5 MAY

5-5-2017   Intel Guru RayRen98   On Thursday, we got the information that the troops were given permission to advance, after two weeks delay.  There is only 7% left to do, and whatever the reason for delay, they are going forward now, and I don’t think it will take much time to complete the 7% to complete what is left.  The latest I have on that is that they are moving towards the center of Mosul, with praise on Iraqi television for what has been done;  they are showing a map of how the areas they are liberating are changing colors.  No report that the map is all one solid color, but how much longer can that take?  I expect there to be complete liberation by Sunday, if everything goes according to plan.  I also expect to hear about more significant price drops by Sunday, and we know what that will lead to.  We might hear something before nightfall!  I don’t anticipate any RV movement today or before Monday, but information by Sunday to let us know what to look forward next week.

5-5-2017
   Newshound Guru MadDScout   Article:  "Minister-Iraq-Welcomes-Joint-Ventures-with-Iranian-Companies"  Whether we like it or not Iran and Iraq have a business relationship...this can only be good for Iraq to be on good relations with it's neighbors and to work on those common ties.  [Maybe the saying, Keep your enemies closer than your friends is in play here?]  Could very well be part of the logic.

5-5-2017   Newshound Guru Enorrste   Article:   "Vice: oversees the United Nations five-year plan for economic development in Iraq"  i agree with KAP [Guru Kaperoni...reference post 5-2-2017]  that the IMF is what she is referring to.  This confirms and ties into what we have known for some time, namely that the IMF is controlling the plans for change at this point.  Furthermore, they are on record that they intend to "bring Iraq into the world market" sometime in the first half of this year.  If they are on schedule then we should expect some significant changes within the next 60 days.  Of course this is Iraq, and even with the control in the hands of he IMF, it is anyone's guess how long it will take to get to the float.

5-5-2017   Newshound Guru 1bobby  Article:  "Iraq Launches project to reform and modernize the State's financial management systems"   [Does this, you think, include smart cards for the Iraqi population?]   The smart cards are becoming a mainstay/reality in Iraq on a daily basis.  I think we saw 10 more Ministries going to the smart card as far as salary/payroll. The more e dinar we see, the better off we are.
 
5-5-2017   Newshound Guru MadDScout   Article:  "Baghdad - Journal News  The parliamentary finance committee confirmed that the World Bank's step in reforming the financial system in Iraq is an important step in supporting investment in the country."  I am thinking this is their confirmation that they are taking the advice of World Bank and moving forward on reforms.

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