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Friday, June 9, 2017

DINAR GURUS UPDATE, 9 JUNE

6-9-2017   Newshound Guru FrostyTheSnowman    So let's just say that they want the new rate before budget is signed into law, would YOU want that done after the announcement if you are Abadi? Or would you want it done and visible to the populace before the Celebration on the 12th...So you can say "Hey Iraq, we are a sovereign people again. Here's what I have done for you, you now have food to buy, your streets are safe, the Daesh are gone, and are never coming back! Your borders are secure, you have internet, you have mobile banking, you have money, your money, and it's worth something!  This is your Iraq! We are sovereign! It just seems to me that he announces everything at the same time...And everything is there and ready to go.   [post 2 of 2]

6-9-2017   Newshound Guru FrostyTheSnowman 
  IF things are on a roll, and IF "A" [Abadi ?] is where he wants to be. This is where my mind goes...  So we see that things start to escalate quickly this week. It is interesting to me all of those documents by the CBI stating for contractors to start work regardless of what the Ministry of Finance is doing, hmmmmm. Then...on the 8th, CBI is telling MOF to get ready to start PAYING them. It's like they know something is coming...The budget perhaps?  So I think...it was about a week ago that the budget was talked about, and the can was kicked down the road. A week.  [post 1 of 2....stay tuned]

6-9-2017   Intel Guru Frank26   The FOREIGN EXCHANGE … do you know what that is? It’s the IQD exchange rate vs. the foreign exchange policy. They can’t say RV … they must use other words …

6-9-2017   Newshound MadDScout  Article:  "The parliamentary economy supports the recent central bank measures to regulate the sale window of the currency"  Najib is saying the "economy is heating up", and that the Parliament Economic Committee is in support of the strides the CBI has taken to organize and educate those banks taking part in the foreign currency sale, and this conducted in cooperation with the IMF...   Najib confirmed that there were banks who had to rectify their situations, in order to stay a part of the currency sale. She is part of Economic Committee.  In this way the Central Bank is moving forward on reform starting with the currency sale window.  They are moving forward!  I like that reform starts at "the currency window".  These banks who are "rectifying" their situation are the exact type of institutions that were mentioned and bring the overall score down on that thing that is monetary reform.  Rectification will help to move the wheel forward.

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