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Tuesday, August 1, 2017

DINAR GURUS UPDATE, 1 AUGUST

8-1-2017   Intel Guru Frank26  ...too much ARTICLE VIII talk...(on paper)...and IMO...they will hand that in to the IMF tomorrow [Tuesday].  It’s becomes more and more obvious that IMO … the lifting of the 3 zeros happened in those 90 days.  The government workers get paid on the last Thursday of every month.  On the 21st they got paid … and on paper … IMO .. they got paid 1 to 1.  The next time … I believe they will transition from 1 to 1 to finally giving them the new rate.  BTW – we found something else...Iraq’s equivalent of the USA’s eBay.  It’s interesting how things match up with a 1 to 1 rate.   Our friend has not called us yet...but the last time we talked to him...he told us that the LD’s and the COINS are on the table. I believe that they are ready to go.  It’s all great news!  [post 1 of 2....stay tuned]

8-1-2017   Intel Guru Delta
    Iraq wants to attract investors.  As you know...words like “in the coming days” and “soon” don’t mean much.  LOL.   They said that in order to attract investors, they must change the exchange rate.   They told them...the board of directors...they will consider...basically Iraq is all ready to go.  As soon as they go to the IMF and come back – we are expecting to see great things.  The IMF already told Iraq what they need to do.  There is no point in showing up unless they have those things done.  Iraq must meet the demands of the IMF.  They need to show the TRUE rate.   [post 2 of 2]

8-1-2017   Intel Guru Delta    More confirmation that the LD’s are printed.  May & June documents...looks like they have profit/loss...and in the expenses...a “new currency.”  In May I believe they issued those notes.  About 4 Million + 5 Million dollars was spent on printing...then in June, more printing.  Whatever they printed wasn’t that much – so could the rate be higher than what we expected...or are they planning on more eDinars? It’s possible that we may see the rate higher than 1-to-1.   Up until now, we haven’t had any proof – but now it looks like we have confirmation that they have been printed.  We will have 1 and 2 dinar coins.  I found this to be very, very exciting.  They are about to do it.  We are really very close.  This information is NOT on the English site...   I believe that we are really, really close based on this information.  They might really pull the trigger after they return from the IMF meeting.   [post 1 of 2....stay tuned]

8-1-2017   Newshound Guru chattels   Restoration of law and order/removal of DAESH,Reconstruction/ Reconciliation. Sovereign integrity, security and stability. Reconstruction is an opportunity for reconciliation. Without Reconciliation Iraq will fail as a state.   From everything I read and consider important to our liquidity event it will be 2018 at the earliest, but there may be some macroeconomic deus ex machina unintelligible to me.

8-1-2017   Intel Guru Delta   [On July 26th you said...that... "...When you know the LD's are about to come out...we'll see the rate first."and again... "The IMF told the GOI to lift the restrictions.  All they need is the rate.  They need the rate BEFORE the LD's."  Question: Were you talking IYO about any rate (which could be used within Iraq ONLY) or the "TRUE RATE" (an international rate, Forex, etc. type)?]  TRUE RATE...INTERNATIONAL!

8-1-2017   Newshound/Intel Guru Mnt Goat   Article quote:  "It cannot accomplish its task unless accompanied by additional laws and procedures in support for the decentralized system of government." Everyone needs to remember its 2017 and so much progress has already been made for the needed laws to implement these articles of the constitution. But this “decentralization” effort is huge and... encompasses many laws.  So maybe we should also look for more news coming out on this “de-centralization” effort too to give us a  sign as to how close the RV really is?  [post 2 of 2]

8-1-2017   Newshound/Intel Guru Mnt Goat   "No exit for Iraq without decentralization"   ...they are taking about existing [exiting ?] from Chapter VII sanctions.   Iraq is still under financial sanctions resulting from Chapter VII sanctions under the UN charter for member nations, who disobey the articles of membership. Iraq attacked Kuwait also a member nation. Once under sanctions it is very hard to get out of them especially once they go to war and are occupied. This puts the country under an entire umbrella of scrutiny. Its like the have to start all over. Kuwait reinstated their currency but Kuwait was not under sanctions. They just had their currency shut off due to the war so Saddam Hussein could not use it for his aims. Remember how quickly is was reinstated? This has not and is not going to be the case with Iraq. They must first “start over” with an entirely new government... They must institute and implement their constitution “fully”
  

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