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Saturday, August 5, 2017

DINAR GURUS UPDATE, 5 AUGUST

8-5-2017  Newshound Guru Breitling  You guys have to understand the way they set this up for it to move forward…[when] they put the currency [dinar] out, the first thing they did was to dampen it down.  It’s not a market rate ladies and gentlemen…They artificially kept it down…the pressure they are fighting against is going to cause it to go back up.  it’s that simple….What did Iraq use to push the value of their currency down?  They used the U.S. dollar…That’s what artificially helped keep the dinar down.  The justification Report…went to…the Ministry of Finance, the Ministry of Planning and the CBI and specifically said that we want to get it back to $3.  This is well recorded… [Post 1 of 2.  Stay tuned for the rest of the story]

8-5-2017   Newshound/Intel Guru Mnt Goat
   Article:  "Reuters: Iraqi general sees easy victory over exhausted IS fighters in Tal Afar"  Just so you know, I am not presenting this article because I believe that once ISIS is gone from Tal Afar or from Iraq in general, that the CBI will automatically trigger some RV. I did not believe that once Mosul was liberated it would RV.  ...there is much more to do prior to getting to the level of SECURITY needed. Let’s also think about the needed STABILITY which is getting the new Iraqi constitution “fully” implemented.  We just have to wait and watch the saga play out and hope that nothing HUGE happens along the way to disturb the process. We also see the 2018 elections coming up in the horizon and once again we have to be cautious that they RV prior to this timeframe...

8-5-2017   Newshound Guru 1bobby  Article:  "Abbadi consultant: external funding sources for the 2017 budget deficits amounting to three billion dollars."  Quote:  "Central Bank and Finance Ministry and other agencies Goals and plans contained in the agreement will give an important signal ahead of major international institutions and States to provide funding and facilities to support the financial situation in Iraq by supporting funding for the State budget and multiple projects as paving the IMF's statement to the third review which will start in the month of September next to continue with the programme and the consequent to an external support Iraq."    [It sounds like they want this new economic engine switched on between now and their September review meeting.]  I don't think anyone would argue your point.  The IMF issues these monies expecting certain benchmarks to either be adhered to and or addressed. With Mosul out of the way, there are no more excuses for the GOI, Parliament and the CBI to progress at a faster pace. Not taking away from Tel Afar or Hawija as hot spots as far as ISIS.

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