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Wednesday, July 12, 2017

DINAR GURUS UPDATE, 12 JULY

7-12-2017   Newshound/Intel Guru Mnt Goat   ...don’t think just because Mosul is liberated the party is over. There is still much work to be done. How will this affect the RV timing?  My personal opinion is the CBI will move quickly with the project to delete the zeros now that Mosul is liberated. The SECURITY conditions in Iraq are very good right now, getting better and better everyday and they will take advantage of the situation.  As long as there is US and UK military presence the concerned is lessened. Here is the key: Remember the CBI told us they planned to RV back in 2012 but when 2013 came they had to postpone it due to political INSECURITY. We know what the conditions were like back then...right?  Well they are better than that now. Iraq is slowly getting back to the times of 2012 but even better. There is PM Abadi, all the reforms, the ability to work with the IMF thru these Stand-by-Agreements and we can see Abadi is a good guy unlike the PM Maliki back then. So the political STABILITY is much, much better than even in 2012.  [post 1 of 2....stay tuned]

7-12-2017   Newshound Guru Adam Montana    Things are looking up! Mosul has now been officially declared a victory.  HCL should be addressed, officially, in a timely manner...SOON. We can be confident that the IMF and CBI are on good terms. CBI is acting like a real player, and the IMF is giving them an approving nod simply by not saying anything contradictory about them. Regarding oil PPB, and the recent agreement amongst the major OPEC members, Iraq is essentially exempt from the exportation restrictions. This gives Iraq a HUGE advantage when they are ready to "flip the switch"!   Abadi is back in high-gear and on a mission...All in all... GREAT progress right now, and Iraq is in perfect position. Negotiations are beginning between  Baghdad and Kurdistan, which is going to lead to a very fast resolution on the HCL, paving the way for a smooth and *SUDDEN* RV... if we've ever been closer to the end of this ride, I can not remember when!  This still isn't a guaranteed event, but MAN oh MAN is it looking good!

7-12-2017   Newshound Guru hutch   The BIS site is now linked to the CBI site...Now Central banks world wide can communicate with CBI.

7-12-2017   Intel Guru Bruce   It has been reported today on the news ...Iraq took an extra day to celebrate their freedom, their sovereignty after 4 to 5 days in a row of celebration which included fireworks, and flags.  They did this morning [Tuesday] in which they did not open the Iraqi stock exchange today. Why is this significant? We believe had the ISX been opened, their new rate would have been visible.  ...We do believe they will make the ISX open and available tomorrow  [Wednesday] from what we understand. Quite possible the new value of the Iraqi dinar show on the site if they do bring it up tomorrow [Wednesday].  I am excited that Iraq is basically done.  Is this the week? We believe it is. We got enough evidence it is coming to us and should be by the end of the week. I am not going to call it, but that is what I am hearing from a number different sources that point to a very good direction for us. [post 2 of 2]

7-12-2017   Intel Guru Bruce   We are right at the door...what we heard...is very positive for us. We know we all seemingly had to wait for Iraq to reach certain thresholds, accomplish certain things before this could be released everywhere. That is still the case. However, I would say we now have eclipsed to the point having to wait for Iraq.  A lot of interesting things have happened in the last couple of days...we find Iraq fully liberated Mosul from ISIS and ISIS has been eradicated from there and from Iraq in general. That is a very good sign.  [post 1 of 2....stay tuned]

7-12-2017   Newshound Guru Kaperoni   Several economic articles...clearly stating the urgency to activate the market economy in Iraq

7-12-2017   Newshound Guru mike    ...anything is possible and I'm just speculating...But, the IMF has told them at every Article IV consultation to stay pegged, close the spread and remove exchange restrictions. That seems like a tall order to accomplish before the end of the year. So far, they've haven't gotten it done. All we need is the political will to make the change to an open market economy and then things could really pick up.

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