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Tuesday, July 25, 2017

DINAR GURUS UPDATE, 25 JULY

7-25-2017   Newshound Guru chattels   [...does the power lay with the CBI or Abadi?]   My belief is that it is rather unimportant who has the power between the CBI and the office of the PM. What is important is whether any "public rate" is acceptable / sustainable in the world marketplace.  [so a float would answer that?]  The bottom line to me is what "amount" a sovereign nation is willing to exchange their "dollar" for in dinars?   A float rather presumes that there is a value to the dinar initially and whether that value will be stable or increase, eh?

7-25-2017   Intel Guru Daz
    WHEN A SATISFACTORY CONDITION AND ALIGNMENT OF ALL THE VARIOUS INTERESTS AND POWER STRUCTURES HAVE REACHED A POINT OF REASONABLE SATISFACTION THAT THEIR INTERESTS AND GOALS ARE MET... THEY WILL JUST AS SIMPLY... "TURN THE MONEY BACK ON".

7-25-2017   Intel Guru Frank26   If they announce in the coming days...something very big...like the ATM’s...would that not only force them to use their own currency?  This could explode their economic reforms.  An article came out a few days ago that told everyone in Iraq...that they have ELECTRICITY RESERVES...and power 24/7...you cannot do banking with sporadic electricity.  We have been waiting for the electricity to come on to ACTIVATE things for the monetary reform.  Electricity was needed...do you understand the POWER of this? Do you understand...“THEY TURNED IT ON?!  The ATM machines will be lit-up like a Christmas tree!  ELECTRICITY --- is ready to take Iraq into an INTERNATIONAL world.   [post 2 of 2]

7-25-2017   Intel Guru Frank26     IMO – the 3 zeros are lifted and the citizens are not using USD’s anymore – and Abadi is in harmony with Allak.  The 95/5 was masterful!  The IQD is going through a REDOMINATION ...leading to a REVALUATION of their currency because they are going to lift 3 zeros – which will bring in a REDONIMATION as they introduce their LD’s.  Meanwhile...the Rafadian Bank now says that they seek working with retirees outside of Iraq with an electronic card on an international level.  Allak told the citizens to expect a “break thru” – do you think the ATM’s would qualify for that? Especially if they can’t dispense 3 zero notes?  Soon...the CBI will be coming out to all citizens, all banks to make an announcement...  [post 1 of 2....stay tuned]

7-25-2017   Intel Guru RayRen98    [We would rather expect Abadi to make an announcement – what if someone from the CBI were to make an announcement (if in fact there is an announcement)?]  My sources are not saying anything about announcements just now; they did expect an announcement about the liberation of Mosul, and Abadi did make that. I think it’s less about announcements and more about action now [I have heard that the passing of the supplemental budget forced by the IMF signals the CBI to implement the RV. Any truth to this rumor?]   That is the expectation.   [Do you think this week might finally be RV week?]    This week looks pretty good; I think this is our last full week looking for this, if it all goes according to the way I’ve been told. It might spill over into next week to wrap this up.

7-25-2017   Newshound Guru mike  Article:  "Electronic trading and safe way to get the economy moving"   Iraq is a cash society, as soon as that money hits their accounts they'll go to the ATM and pull every dinar out. No one trusts the banks, they still need deposit insurance and banks that operate eight hours a day.This is a utopian view of the future, I wish they'd focus on the current realities and get their banks safe for deposits and move towards an open market economy.

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