Tuesday, August 8, 2017


8-8-2017   Newshound Guru Enorrste   Article:  "Keywords confirms the existence of a large and promising role for the private sector in the next phase"   Quote:  "Secretary General of the Council of Ministers d. Mahdi Keywords presence of government plans to give a major role and promising the private sector in Iraq by activating the investment side in the next stage within the sectors of the economy and reconstruction."    I'm with KAP [Guru Kaperoni]  on this one.  This sort of language doesn't leave much wiggle room.  It seems to me that forces are in play to open the currency to the world before the end of the year [reference Guru Kaperoni post 7-7-2017]

8-8-2017   Newshound/Intel Guru Mnt Goat   Use of cards abroad is also rumored to contain a new rate. Again, the rate is NOT ON THE CARD as the rate would have to come from one of the global currency exchanges, and these exchanges currently do not yet have have the new rate. The CBI and GOI have taken on this huge effort to get nearly 35 million people on the debit cards because they need to go a cashless society.  The IMF to is  mandating this changeover and so if they want their currency to go back to the prior pre-war levels they need to follow instructions.The use of these cards will revolutionize the Iraqi society and the entire banking industry, not to mention get us the RV.   [post 2 of 2]

8-8-2017   Newshound/Intel Guru Mnt Goat   I want to clarify and dismiss these rumors going around that once they pay on these SMART cards the rate of the dinar has to RV or had RV’d. This is not true...these are only debit cards issued thru Mastercard and Visa...the cards are tied to a bank account. The money is NOT on the cards!  There is NOT any new IQD rate on these cards.  The in-country market rate is used for the dinar. This rate is decided by the CBI and IMF. The dinar in the country is not changing EVER until they launch the newer notes that eventually and gradually will replace the 3 zero notes...once the dinar goes up in value there will be more purchasing power in Iraq...the rate will be whatever the CBI and IMF decide.  There is now only one rate and it is the provisional rate while still under sanctions.  [post 1 of 2....stay tuned]

8-8-2017   Newshound Guru Islandg1211    Moody's came out over the weekend with a C+ credit rating for Iraq based on a number of factors. The report published by Moody's makes no reference to Iraq's currency nor Article VIII nor the UN Chapter VII sanctions. Mosul is liberated. Tal Afir, Iraq and Raqqa, Syria are not. Tal Afir is surrounded and the invasion plans completed and will only take a few weeks. Raqqa is about half done, but not ready for the full scale door-to-door invasion. That will happen this Fall. I DON'T BELIEVE THAT THE RV IS GOING TO BE DELAYED until after Tel Afar and Raqqa is completely done. I believe that they see the end of ISIS holding towns is in sight. Trump accelerated the removal of ISIS, but Baghdad is going to have to negotiate an Oil and Gas law without giving in to Barzani. What he is doing is not Constitutional. 

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