DINARESGURUS.BLOGSPOT.COM__________________________

Wednesday, April 5, 2017

ADAM MONTANA TIDBIT, 5 APRIL

Look, I can only keep doing this for so long... most likely that time is coming to an end. 

And I am stoked about moving to the next phase of this ride!  Have you seen the news about HCL? Have you noticed how laser focused Abadi is, on so many things? That guy is a MACHINE! 

The party is getting prepped! Heck...some of the stuff I'm seeing from the GURUS is starting to mimic a bit of what I am personally hearing from my contacts in Iraq and in the financial world. THAT kind of situation is amazing!

  In fact, there's a lot of talk about APRIL being "the month"... I am not going to confirm that I am feeling that same thing, but it's not out of the running.

 We are seeing INCREDIBLE movement right now, both in the public news sector and also in the private channels I use.
 The bottom line...is that we are playing in a BIG playground and the IQD is poised to be a BIG deal worldwide!

 I'm currently about as excited as I have ever been about this situation! 

WSOMN UPDATE, 5 APRIL

WHY NO COLOR CODE YOU ASK? THE ANSWER IS COMPLEX BUT IN THE END IT AMOUNTS TO A SIMPLE ANSWER. AT THE CONCLUSION OF THIS EVENT WE HAVE BEEN TOLD FOR YEARS WE WOULD EXPERIENCE CONFUSION, MISINFORMATION, DISINFORMATION, BANKING INFORMATION, EXCHANGE STORIES, RV/GCR IS ON/OFF DECLARATIONS, ETC., ETC. SO IT DOES APPEAR WE ARE NEAR AN END BUT HOW SOON? HOW MUCH? AND, OF COURSE, WHEN? THERE, MY FRIENDS, IS MY QUANDARY. SHOULD WE BE A ORANGE? SHOULD WE BE AT RED? OR IS GREEN THE COLOR FOR THE WEEK? IF YOU HAVE THE ANSWER WITH THE 800 NUMBERS (AND ARE THEY REAL?) SEND ME A PM. OTHERWISE IT IS A GREAT WEEK IN DINARVILLE AS WE WAIT FOR THE BUTTON PUSHER TO PUSH HIS BIG GREEN BUTTON.

INFO COMING IN IS VERY GOOD. PERHAPS MORE THIS EVENING. KEEP YOUR FINGERS CROSSED!

DINAR UPDATES CC, 5 APRIL


DINAR GURUS UPDATE, 5 APRIL

4-5-2017   Newshound Guru loop   Article:  "Iraq: Confidence is in the Air"  Quotes:   "...there was a strong sense that Iraq’s fortunes are turning a corner..."  “Confidence has returned to Baghdad — it is in the air! Baghdad is confident again, and it’s absolutely wonderful.”  The IBBC (Iraq Britain Business Council) Spring Conference has started.

4-5-2017   Intel Guru Bruce
   Nothing is going to happen until Iraq is ready.  We had a celebration in Iraq.   There was a delegation to witness the announcements of Iraq returning to sovereignty and release of chapter 7 of the UN. Basically the return of sovereignty and revalued rate of their currency. We know the liberation of Mosul also was announced. We know that is something that was celebrated by having the two new flags flying on either side of the Tigris River. We know that in the mosque a few day s ago, Iraq had made an announcement that their currency is 6 times the value of the USD. When it comes to timing with this...I found out there are additional things going on that is keeping this held up slightly. It is a plan that is moving forward. It is in a sense on autopilot.  This week looks really good.  I am feeling really good the possibility of anytime between now and the weekend.  I am excited where we are and where we are going.

4-5-2017   Intel Guru Frank26   They are removing the USD from the streets from the citizens.  The citizens must stop using the USD and other foreign currencies.  The MCP (multi-currency practice) must end.  They are dropping the 3 zeros in 2 different ways.  #1 -- Stopping the usage of the USD’s – taking them away from the citizens.  #2 -- They must simplify the exchanging the of the currency.  The goal is to get to 1,000 to 1...but once they are there (including stability/security) they will move QUICKLY to 1 to 1.  The market will carry 1 to 1 inside of Iraq...lead to a higher rate OUTSIDE of Iraq.  I think $1.12 - $1.14 once it goes outside of Iraq.  IOO...IT’S COMING.

4-5-2017  Newshound/Intel Guru Mnt Goat   Article:  "IRAQ ON WAY TO RECONSTRUCTION AFTER MOSUL ‘VICTORY’"  I do not see many more articles on the fighting in the western side of Mosul region. Can we assume the ISIS is now all done? Let’s watch as it plays out. They can’t use the Security and Stability excuse anymore as to why they cannot continue with the “project to delete the zeros”.  Is it all now in the court of the UN to stop the sanctions of Chapter VII and then for the CBI to follow up and pull the trigger.

THE BIG CALL CC NOTES, 5 APRIL

THE BIG CALL WITH BRUCE TUESDAY, APRIL 04, 2017

TRANSCRIBED BY PINKROSES


Bruce: I mentioned to you we have information to lead us to believe tonight call maybe a good call, and things are happening and may manifest tonight or in a few days. Sort of in that time frame of last minute meeting and happenings that should bring us to what it is we are looking for our blessing.

Bruce: Welcome everybody to the Big Call. I know people listen to everything we bring on the Big Call which includes teaching, prayer, Sue’s information and Bob’s information, and Intel. When it comes to Intel, I get a lot of things I cannot share. Things that is private. Sometime I try to forget those things so I don’t bring them out those accidently, but I am hearing about cool things about the release of the blessing.

Bruce: Everything we learn about this seems to go back to Iraq. Nothing is going to happen until Iraq is ready. We had a celebration in Iraq. We had known about that. There was a delegation to witness the announcements of Iraq returning to sovereignty and release of chapter 7 of the UN. Basically the return of sovereignty and revalued rate of their currency.

Bruce: We believe even though the announcements were supposed to be made today in the mosque, they were made. Social media out of Iraq has been squashed, made dark, and still dark. That was supposed to have come off where we would have communication like that even last night at midnight. If that didn’t happen they still have things they want to keep under wrap. That is what occurred and didn’t want to release it and we not going to know about it and maybe never hear correctly what they were.

Bruce: The fact we had people there to witness that as part of a delegation. We had people there as Abadi, two from our country to witness it and probably others as well. That tells us all we need to know in terms of what Iraq needed to do. They had a rate varied from $3.71 to over $6 on their smart cards that they have been paying out. There banks have all come up. They are the first digital banking country with gold back rates on the dinar. It is now the IQN instead of IQD. 

Bruce: We have a currency known as USN meaning new as oppose to US dollar which was a fiat dollar, not backed by any assets, but backed by the full credit of the dollar It has been that way since 1913 because we came off the gold standard and silver. Now we are back on as a gold standard. The entire world is partially gold and asset backed. That gives a lot of currencies a lot of value, a much more even playing field. Countries like Vietnam and Indonesia and others are going to have their currencies be much higher than they have been. We know that in the mosque a few day s ago, Iraq had made an announcement that their currency is 6 times the value of the USD. In line of the rate we had at that time $6.25. These are in-country rates. Our rates on our screens should be higher than that.

Bruce: We know the liberation of Mosul also was announced. We know that is something that was celebrated by having the two new flags flying on either side of the Tigris River. A lot is happening there symbolically pointing to a new Iraq. We have made arrangements with Iraq to work further with them in military, and continue to negotiate things with our current administration to make them a force and strength in the region. Also an opportunity to have good standing in the Middle East and our troops a base in the Middle East to help in that region.

Bruce: Rates is something we have seen recently and then on Sunday at 12:05pm EST the rates came off the screens, all disappeared. It did not surprise us. We know sometimes the rates come off because they need to be reentered for the latest up-to-date rates to be utilized around the world. At 3:05pm EST Sunday cursors on the screens started to blink. We thought that might change when the Forex came at 5pm. At5:01pm EST there was no difference. The cursors still were blinking and rates not populating. The rates should repopulate.

Bruce: My understanding now is the new rates have not come back on the screens’. We are waiting for that to happen as well. When they do come up, they should be our latest rates of all the currencies in the first basket showing what we think they should show. I don’t know when that would be. I haven’t heard that. That is something out there we should keep an eye on.

Bruce: Another thing is a lot of activity happening out west and continue to have meetings even as we speak. All last minute timing, perhaps the release we are looking for. Meetings with high level military as well as our Administration. Putting all things together, maybe this is the last meeting before the release. We will see.

Bruce: Also we know President Trump is involved in the negotiations. A lot of things going on and continue to go on last of the week. There are plans from our mainstream news for the President of China to meet with our President this week. They are working through some situation that are global in nature and yet important for China and the United States. Really good things should come out of their meetings this week.

Bruce: I heard report this afternoon the President announcing infrastructure. We talked about working directly with our administration with infrastructure of Rebuild America. President Trump wants to make America great again. Our slogan is Rebuild America. We plan to do Rebuild America by adopt a city, adopt a town, adopt a community. You can scale that as high or small as you wish of your involvement and my involvement working together on a humanitarian project.

Bruce: When President Trump talked about infrastructure, he didn’t limit it to roads. He indicated real infrastructure. I am talking about not only roads but community back, whole neighborhoods, positive things we can bring back rebuilding homes, helping to improve schools and add centers, gyms, etc to the schools whatever the schools need. Also improving networks for communications, improve internet accessibility for the whole country, etc. A lot we can get involved in.

Bruce: Also technologies that will come out that involve free to low cost energy, and healing technologies. I am looking for at least 5000 partners from the Big Call audience to help in the United States and then to other parts of the world to help with clean water, farming techniques, etc. 

Bruce: Do I want your money? NO. I want you to consider an area where you live or want to live to adopt a city, town, and community. Hire a team of leaders that will take this vision I have and make it happen where you want this to happen. We want 100 cities in each state. That is a great start. Starting with Appalachian area, coal country, Detroit, Los Angeles, New York, any place such as Cleveland. Pick any city. All have an area that needs help.

Bruce: We are going to be mentors and have our veterans. We will be hiring veterans to be mentors, and combination of services to bring the very best out like apprenticeships like plumbers, electricians, brick layers. They will get training on site. I want to get volunteers that would like to be part of that and be a leader to help you do that. Not mean you are going to be pounding nails, digging trenches. We want to employ people as leaders, directors to direct the vision throughout the country. We will have a template of ideas we will share as building techniques. I want some leaders that will step up in each state. Let consider that. I will have a template of ideas and a portal to communicate and do our calls, pod cast calls. 

Bruce: Make sure all your soft ware is encrypted. Unless you are totally protected I would not go online to check your accounts online. I will only check accounts out only through the management bank people. The way things can get hacked these days, be old school a little bit until you are totally protected on your computers and phones. We will probably have a call on that.

Bruce: When it comes to timing with this. This week looks really good. What we are hearing from out west is that a lot of the SKRS, Prepaid are being liquidated and made accessible now. A number of people in the core groups being paid now. Just a matter of time before it is release for us. I am feeling really good the possibility of anytime between now and the weekend. It may not take that long, could be couple of days or less. I thought we would be here now. Then I found out there are additional things going on that is keeping this held up slightly. It is a plan that is moving forward. It is in a sense on autopilot. We are going to get it when we get it. It is rolling out. We will get it shortly.

Bruce: When it comes to our infrastructure and helping to do our projects, if you don’t have your own projects to negotiate your rates especially on the ZIM, you can partner with the Big Call with Rebuild America. You can tell those at the Redemption Center that is what you intend to do. There is enough communication with HSBC, AIIB, Peoples Bank of China that they know this is the project I have come up with and they will understand that. 

Bruce: I am hoping the infrastructure we help to rebuild as part of Rebuild America will be available to us in the form of some bonds, infrastructure bonds. I got that concept of what were being offered couple months ago in Iraq. They got a trillion dollars in infrastructure bonds offered. Why couldn’t our country offer the same thing? Why can’t we do that? Why can’t we have 10 trillion dollars or more in infrastructure bonds? This is where our administration will get together on that and come up with a cool concept and make it tax exempt to give us an opportunity to invest with this. I want to drive home the concept of this program as a private entity as the Big Call’s Rebuild America would be in partnering. Private and public partnering in infrastructure. I think that is what I came up with that would work for all of us.

Bruce: Beyond that we are looking for rates to come back on screens and notifications to come out. Looking for more people that have programs in effect like ZIM platforms to be paid. Some of the larger gold back bonds are being negotiated today in Zurich. There was a very large tranche received I think over the weekend, extremely large amount from Malaysia through HSBC to cover our exchanges. It was such a big number.

Bruce: I know that people have been working nonstop for days now in different parts of the country to get things done to get paid out, transacting bonds, and groups, to get ready for us. We should have a number to give you I hope very shortly. I would think in the next few days we should have it. Hang in there. Stay confident, stay positive, stay in faith and continue to do what you are doing as plan A. Don’t quit your day job until plan B which is blessing to come through. We all have to do that. It is teaching us a lot about patience.

Bruce: I did take a call and glad that I did. I am hearing some very positive things coming out of one of my sources indicating that some meetings are still in process like we talked about earlier. Things are moving along and being paid out tonight. I am looking forward to hearing some good news possibly shortly. Not in time for the Big Call tonight, but before Thursday’s call at the regular time. Beware Thursday’s night call may or may not take place and have a recorded call in its place. That is good news. I am excited where we are and where we are going.

Bruce: I want to thank our new listeners and existing listeners. Thank you to all the banking partners that are working with us, HSBC, and Wells Fargo at the Redemption Centers. AIIB and People Bank of China for helping to make this all possible for us with all the large tranches providing gold and everything for us to make this happen. 

Bruce: Also thank you to our Tier one banks such as Citibank, B of America, Wells Fargo and Chase Bank. Thank you to our banking partners in Canada, South and Central America, Caribbean Banks, ANZ Bank, and many other banks. It is important to work with our Tier 2 banks as well and even our local smaller home town banks. They are good, quick, responsive like 5th Third Bank, Sun Trust Bank, etc.

Bruce: Thank you Redemption personnel for listening to the call. It is strange to wait day after day. I know you all be ready for us to come in. Thank you for being steadfast waiting with us. Thank you all for coming in tonight. I am looking forward to hearing good things from all of you when we do get our new site up: thebigcall.net. We will take 2 to 3 weeks off after we get this celebration call in to you. Check time form time to the website and you will see we are in progress and new information we will leave for you to read when our new calls will start.

Thank you all again Sue, Bob, Pastor Steven, and Kent and all you faithful ones for listening to the Big Call.

THANK YOU BIG CALL AND BRUCE, HUGSSS

BLUWOLF TIDBIT, 5 APRIL

The guy who sold you that they will exchange the zim at a ping number .00000020 is a stupid lier. No digits will be eliminated from the bill and it will be paid in full. He is writing this out because he represents somehow or someway a specific bank and this bank will try to pull this stunt to see who falls for it. GhostWriter

Subject: Citation: Humanus Initiative Inc., Re, 2011 ABASC 70, 5 APRIL

COURTCITATION DOCUMENTS  Citation: Humanus Initiative Inc., Re, 2011 ABASC 70


https://tinyurl.com/k3bxgxt

MNT GOAT UPDATE, 5 APRIL

April 5, 2017 Mnt Goat News Brief

Hi Everyone,

I bring you much news today.  

More rumors to debunk. So this week many believe that Iraq has in fact already revalued. Really? Here we go again….lol….lol… They say they have many confirmations of it. Really? Oh- but they are hiding if from us? Really?

We just have to wait our turn until they “roll it out”. Really? These rumors tell us that it has RV’d in-country to $100 = 140 dinar. Really? Oh- but I thought it just RV’d to $6.00 per IQD last week. So which is it?

Do you see just how silly all this nonsense is? When the IQD does actually have any significant value change it will be all over the news, Iraq will have to educate the average citizen and you will surely know. You will not have to guess or debunk rumors. It will be very public and very apparent. I am not saying there will be celebrations in the streets or long bank lines in Iraq either so don't twist my words.



More news……..
 
Yet another confidence boost aimed at Iraqi economy. This one may be the starting pistol on Iraq’s Road to becoming a market economy. To be sure, Iraq’s B+ credit rating is still deeply entrenched in speculative, or junk territory. The low rating reflects what Fitch analysts called political risk and instability associated with the conflict-ridden country that’s “among the highest faced by any sovereign rated by Fitch.” Yet as the ISIS conflict lessens and reconciliation efforts are  underway, along with solid oil reserves and other sectors to build upon, Iraq could have serious growth potential,” said Stephen Simonis Sr., chief currency consultant at online currency broker FXDD Global.
 
As a marker for big institutional buyers like hedge funds and sovereign wealth arms, Fitch’s vote of confidence could mark the start of a broader shift among investors about Iraq’s long-term potential. The upgrade could be pivotal for a country still considered besieged, but considered by a handful of savvy market watchers to be a potential diamond in the rough.
 
Folks I have to tell you that the news coming out of Iraq has changed its tone. It is no longer all about fighting ISIS or the political rivals and bickering but rather it has moved on to seriousness about the Iraqi economy and financial sectors. It is now all about bringing the needed investments into Iraq and to grow their economy.
 
My personal opinion is we are on the verge, the very edge of a huge major change in their economy. If you have any brains at all you can see it will not be much longer until they have to (forced to) to switch out of the “artificial”, “program” rate and get relief from  the UN sanctions that are now holding them back. I believe right now even they are struggling without a reasonably valued currency, one that can be marketed globally and relieve their exchange restrictions on the currency.  
 
I am very optimistic that the UN will allow Iraq an exit from many more Chapter 7 – sanctions or maybe move them to Chapter 6 as related directly to running their “closed” economy. What I mean is such as paying everyday importers, progressing ahead with the project to delete the zeros and movement of their currency on the global exchanges and money markets. This is the key!
 
What does this mean for us? As long as they are doing as the IMF and UN have laid out for them in the Stand-By-Agreements (SBAs)– there is no reason to believe the UN (with the helping hand of the IMF) won’t support a return “international acceptance and integration”…and that is all any of us really care about…...right? This is when we go to the bank…lol…lol….
 
So the question we all really want to know is… do they even have to be fully out of sanctions or just a lessened version of Chapter 7? 
 
So out pops this article this week on conclusion of Iraq from Chapter VII sanctions. So what exactly is pm Abadi asking for?
 
Quoted from the article – Baghdad: al-Furat News) Prime Minister Haider al-Abadi, "within the next two months will be consensus on the exit of Iraq from Chapter VII".
 
I want everyone to read this article. It does not say partial exit or only certain remaining parts. It says “exit of Iraq from Chapter VII”. It is very clear and concise. I fully believe this is a total exit from sections of Chapter VII mandates within the next 2 months, more importantly the financial and economic sanctions.
 
This is WOW news for all of us. Come’on folks. Iraq has been under sanctions now since the early 90’s invasion, and more strict sanctions on their currency since 2003. It’s now 2017, that’s almost 17 years of strict sanctions. Isn’t it about time to relieve them of these sanctions? How can they possibly grow their economy with them still in place. Have they learned their “political instability” lessons over the Nori al-Maliki years? Could this too be now a cause of caution for the UN in granting any relief?  
 
As always my comments are in italic RED.
 
Articles Begin
 
Kirkuk governor calls for the government to apply Article 140 of the Constitution immediately

 
(Folks – all they have to do is implement the constitution that they themselves agreed to adhere many years ago, yes – they still bicker over it but it is the law. If they did obey it, many of these ongoing issues would go away. With the influx of refugees coming back into Iraq this will be desperately needed to assist in resettlement and entitlements.)
 
{Kirkuk: Euphrates News}
 
04/03/17
 
Confirmed the administration of Kirkuk province, the need for the application of Article 140 concerning the future of Kirkuk.
 
He called on the governor of Kirkuk, Najm al- Din Karim today , according to a statement to his agency {Euphrates News} received a copy of today’s federal government and the House of Representatives to "uphold the principles of the Constitution and the need for the application of Article 140 concerning the future of Kirkuk, which the previous federal governments have neglected their application since 2005". (More on implementation of the Iraqi constitution when dealing with oil? This time Article 140, Oh-– but many of these so called  intel “gurus” told you these laws don’t matter as far as getting the RV. Really? Well mr. Guru we are seeing differently, just as I have been saying all along. Again – No Hype, No Rumors…just the FACTS)

And it demanded the federal government to "immediately start the application of Article 140 and to full duties in this regard , as stated in the Federal Constitution." 

He noted that "Kirkuk 's privacy is different from the other provinces of the Kurdistan region, and that the Iraqi constitution has put mechanisms to solve their problems and should be adhered to apply
 
04/04/17
The source added that the Prime Minister has proposed to both Nizhervan Barzani, Prime Minister of the Kurdistan region, and Najmuddin Karim, governor of Kirkuk, to submit proposals to the Iraqi Council of Representatives on the activation of Article 140, and set them with ceilings and time periods fixed, to complete this file, without the policy of double standards.
 
Iraq: Confidence is in the Air
 
At a major Iraqi business event on Monday April 3rd, there was a strong sense that Iraq’s fortunes are turning a corner, with the Islamic State group (IS, ISIS, ISIL, Da’esh) on the retreat, and substantial export funding newly available for projects in the country.
 
More than 250 delegates attended the Iraq Britain Business Council (IBBC)‘s Spring Conference in London, with half of those flying in from Iraq.
 
Amongst detailed discussions on topics such as energy, finance and technology, several soundbites captured the overall mood of the conference:
“Confidence has returned to Baghdad — it is in the air! Baghdad is confident again, and it’s absolutely wonderful.”
 
 
This confidence boost may be the starting pistol on Iraq’s Road to becoming a market economy.
 
War-torn Iraq recently got an unexpected boost on its way to becoming an investment hot spot, which may take its next step sooner than conventional wisdom suggests.
 
Even as military forces wage a fierce offensive against ISIS, global ratings agency Fitch upgraded last month Iraq’s outlook to stable, based largely on the country’s improving public finances. (remember the CBI is looking for STABILITY and SECURITY, two buzz words that keep appearing in all the articles from the CBI, IMF and the UN in general,….can you say revaluation…..?)
 
To be sure, Iraq’s B+ credit rating is still deeply entrenched in speculative, or junk territory. The low rating reflects what Fitch analysts called political risk and instability associated with the conflict-ridden country that’s “among the highest faced by any sovereign rated by Fitch.”
 
Yet as a marker for big institutional buyers like hedge funds and sovereign wealth arms, Fitch’s vote of confidence could mark the start of a broader shift among investors about Iraq’s long-term potential. The upgrade could be pivotal for a country still considered besieged, but considered by a handful of savvy market watchers to be a potential diamond in the rough. (Still remaining is the SECURITY part which means to fully liberate Mosul. This article is telling us right up front.)
 
“Some analysts say that investors believe that with solid oil reserves and other sectors to build upon, Iraq could have serious growth potential,” said Stephen Simonis Sr., chief currency consultant at online currency broker FXDD Global.
 
“Clearly this can be looked at from either side, as the willing investor will point out the huge risk/reward possibility as the upside is very enticing,” Simonis told CNBC. “The doubting investor will say the region remains too unstable and the situation remains far too volatile.

(Many of us know that, as an investor, the best time to get into an investment (to make real money) is not invest once it starts to shoot up or at the top but instead you buy low and sell high. So should this apply to any investment?  Why not also apply this same principle then to Iraq’s economy as an investment? We see in this article they are considering it and maybe it is NOT necessary to have perfect stability in Iraq to make some real money. In other words take some risk (as we all have done in buying the currency) and wait it out for the long haul as the economy grows, so will your investement.)


 Iraq remains a country to approach with caution, analysts say, roiled by an ISIS insurgency and civil strife. Yet Fitch’s revised outlook could be a green light for buyers of Iraq’s assets, especially at a time when smaller institutional and private investors are seeking long-term opportunities.
 
In fact, Iraq’s stock market has already been running with at full steam since at least last year, with investors discounting an end to a bloody conflict that’s lasted since the 2003 invasion. Some are looking ahead to the reallocation of military spending and the potential boost to infrastructure spending and economic revival.
 
While foreigners have been mostly absent from the equity market for the month of March, some are already looking for signs that the Fitch decision could reverse this dynamic.
 
“Overall, foreign interest in Iraq continues to go through a transformational change in the eyes of global institutional investors,” Ahmed Tabaqchali, chief investment officer of Asia Frontier Capitals Iraq Fund, told CNBC.
In fact, Iraq’s sovereign risk premium has narrowed in an environment of rising yields, just after the country tapped capital markets with a second $1 billion bond offering.
 
It seems logical to conclude that this implies favorable interest in Iraq and that it would likely be followed by foreign direct investment and eventually by equity inflows,” Tabaqchali said.
 
Although Iraq joined other OPEC members in a production cut — a challenge for the country’s oil-reliant economy — some analysts believe the oil sector is managing to stay afloat in an environment of lower prices.

Rial Holds Steady Against USD In Defiance of Expectations, 5 APRIL

The rial was quoted in the free market at 37,800 to the US dollar in Tehran on Monday, having kept a steady course since the Norouz (Iranian New Year) holidays started on March 21.

Although the USD exchange rate was predicted to leap in the early days of the Iranian New Year as it happened last year, it only crossed 38,000 rials for a short period with rial gaining ground quickly afterward.

The long-held stability in the currency market during much of President Hassan Rouhani's tenure was briefly interrupted in late December when rial hit a record low of 41,500 against the greenback.

Awaiting a surge in greenback exchange rates, currency speculators had bet on rial to reach 38,200 per dollar.

Intervention by some bank-owned exchange houses, selling the US dollar during the Norouz holidays, was the main reason for speculators' presumptions to fall flat.

Two days prior to the holidays on March 19, the rial stood at 37,950 to the dollar and now after the holidays, the rial even gained slightly against the greenback at 0.2%.

In a survey conducted by the Persian economic daily, Donya-e-Eqtesad–a sister publication of Financial Tribune– 66 economists and academics expressed their forecasts on economic indicators such as inflation rate, GDP growth and foreign exchange rate for the current year.
Asked to estimate the USD exchange rate against the rial by the end of the year on March 20, 2018, 75% of them put the figure between 39,000 and 45,000 rials while the rest predicted the rate to stand around 45,000 to 50,000 rials.

As for the inflation rate, more than half the economists put it somewhere between 10-12% and about 33% of them predicted it to exceed 12%.

In 2016, Iran’s inflation rate eased into single digits for the first time in a quarter century following the lifting of sanctions against Tehran after the implementation of a landmark nuclear agreement, officially known as the Joint Comprehensive Plan of Action, in January.

Bahar Azadi Gold Coin also experienced steady days. The market closed at the end of the previous year with the price of benchmark coin standing at 12.15 million rials ($324).  

The price hovered around 12 million rials ($320) during the holidays and fetched 12.05 million rials ($322) on April 3 in Tehran's market to register a 0.62% decrease compared with the rate just before the holidays.

Lackluster demand for the precious metal during the second week of the new Iranian year was the main factor behind the bearish market. This is while the global price of gold went up from $1,234.8 on March 20 to $1,250 two weeks later, marking a 1.2% increase.

The head of Tehran Gold and Jewelry Union also ascribed the fall in gold coin price to weak demand.

"The gold rally in global markets impacted our market and prevented the [further] decline in gold coin price. However, the price is in tandem with foreign exchange rates and the global price of gold," Mohammad Keshti-Arai was also quoted as saying by ISNA.
https://goo.gl/ZW2wm7

EXCERPT OF FRANK26, 5 APRIL

They are removing the USD from the streets from the citizens.  The citizens must stop using the USD and other foreign currencies.  

The MCP (multi-currency practice) must end.  

They are dropping the 3 zeros in 2 different ways.  #1 -- Stopping the usage of the USD’s – taking them away from the citizens.  #2 -- They must simplify the exchanging the of the currency.  

The goal is to get to 1,000 to 1...but once they are there (including stability/security) they will move QUICKLY to 1 to 1.  The market will carry 1 to 1 inside of Iraq...lead to a higher rate OUTSIDE of Iraq.  I think $1.12 - $1.14 once it goes outside of Iraq.  IOO...IT’S COMING.

04.05.2017
~~~~~~~ 

On Thursday, a call came in about our MR [Monetary Reform]...it was VERY, VERY POWERFUL.  

What was said ...pay attention to the CBI website (Arabic side) – thank heavens we have [Guru] Delta.  The caller was more cautious ...measured their words. 

 “Look at the CBI website...it’s making a change.” ...ON THE ARABIC SIDE ONLY.  Unfortunately...that is all we got from that phone call. I do know there is going to be a change ...and we thought something would be put up there very soon. Something IS going to happen.  

Will it be a change in the RATE?  

 Iraq has already done everything ...all that is left it appears is a change in the rate.  What does [Guru] Delta think?  He said that they do have to send a NOTICE to the banks...24 hour notice of a change.  Exceptions on the regulations are being allowed by the IMF.  1184 to 1882 change <<< they never announced it.   So...whatever the change is...it has to be with their numbers. 

 Abadi is 100% ready to go with the MR [Monetary Reform] and ER [Economic Reform]...  Abadi called the UN on the phone... He wants them to lift Chapter VII.  

BTW – Abadi does NOT need Chapter VII to lift the 3 zeros.  Interesting he is asking for it. Everything is moving so fast in Iraq right now. 

 I believe we will see a change on the Arabic side of the CBI website VERY SOON...IMO. 

4-4-2017 

REVBO TIDBIT, 5 APRIL

Article:  "Abadi: Two months separating Iraq's exit from Chapter VII"  


 Ch. 7 has never been officially tied to anything to do with the dinar, but unofficially, being under Ch. 7 sanctions, no matter how little is left of them, puts Iraq in the same ballpark as North Korea


. It's an exclusive club, Ch. 7, one reserved for rogue regimes, but mostly, terrorist organizations, and that's bad for business. It would be terribly unwise of them, in my humble opinion, to turn the dinar loose when they are still, technically, an international pariah. 


   ...That said, the timing of this, in Abadi's words in another article, "ONE or two months," leads me to believe they are giving themselves a wide berth for when ISIS is finally finished in Iraq, meaning, if they get rid of ISIS next week, well, next week is "within one month," so we could see Ch. 7 release much sooner than June.


 Abadi said, about a month ago, he had to put his whole agenda on hold to deal with nothing but ISIS.


 He has a reelection coming up, so he better get on with it once that's over.


 We know his agenda includes national reconciliation and economic reform, and I don't see any way they can do economic reform without releasing the dinar. 


 4-4-2017 

KTFA UPDATE, 5 APRIL

Stranger: :  Maybe the CBI has already changed it on THEIR SITE ONLY to 1000:1...which is why Delta is watching it 24/60.

Maybe the CBI is getting the infamous "special treatment", Variances, as in their illegal move when they changed the 1184 to 1182 on their site without reporting it.....so they now have changed it to 1000:1 without notifying the world's central banks.

Maybe that is why it is confusing because it is talked about as if they are going to do it but actually have already done it.

Maybe that is why you don't (and aren't) going to see it but when you do it will be as if instantaneous (to us) because we will only see it on the English side as 1:1.

DELTA:  HELLO FAMILY:

I GOT YOU THIS ARTICLE FROM 2013,  VERY CLEAR THAT IRAQ CONTROL THE IQD SINCE THEN. IT'S ACTUALLY THE OPPOSITE,  IN ORDER FOR THEM TO GO INTERNATIONAL WITH THEIR CURRENCY THEY HAVE TO LIFT THREE ZEROS FIRST. 

With Chapter 7 Lifted, Iraq Regains Control of Its Own Economy

By Rudaw 7/7/2013

According to Iraq’s energy plan, oil exports are expected to reach six million barrels per day (bpd) by 2017. AFP photo
 
By Goran Mustafa
 
ERBIL, Kurdistan Region – The lifting of Chapter 7 sanctions last month can be considered one of Iraq’s biggest achievements since the ouster of Saddam Hussein a decade ago, allowing Baghdad to regain control over its own currency, oil and economy.

Chapter 7, imposed on Iraq by the UN Security Council after Saddam’s invasion of Kuwait in 1991, froze all Iraqi assets in international banks, ordering they be used to compensate victims of the aggression. Besides placing limits on use of its wealth, the sanctions also placed limits on the Iraqi military.

One of the biggest advantages of the lifting of the sanctions is the return of all frozen assets to the Iraqi government, estimated at $82 billion, according to Central Bank data.  Its return will not only revitalize the economy, it will strengthen the value of the Iraqi dinar and increase its purchasing power.

A few hours after Chapter 7 was lifted, the value of Iraqi dinar increased against other currencies. The exchange rate of dinar is fixed against the dollar, but its value continues to rise. Saif Al-Halafi, an economic and banking expert, expects that the dinar will probably replace the dollar for investments, and that as demand for the dinar rises, so will its value.

DELTA: (THIS WAS SUPPOSED TO HAPPEN THEN , BUT YOU KNOW WHAT HAPPEN WITH MALIKI)

With Chapter 7 lifted, Iraq also can independently handle its oil revenues without UN supervision.

“The lifting of Chapter 7 against Iraq will enable it to regain independence in its oil policy, and Iraq again can become an important regional and international energy player,” said economic expert, Dr. Rebwar Khinsi. Iraq plans to emerge as one of the world’s biggest oil exporters in 12 years.

According to Iraq’s energy plan, oil exports are expected to reach six million barrels per day (bpd) by 2017, elevating the federal budget to $216 billion dollars. The plan aims for exports of nine million barrels bpd by 2020, raising the budget to $324 billion dollars. In 2025, the federal budget will reach 432 million dollars, if Iraq succeeds to export 12 million barrels of oil per day.

Under George Bush’s administration the US government agreed to keep $50 billion belonging to Iraq in America, and Barack Obama’s administration continues to do the same. An estimated $7.8 billion dollars are blocked in Jordan and Lebanon, and a huge amount of capital belonging to Iraqi Airways remains frozen in Kuwait and Jordan.

The United Nations Security Council forced Iraq to compensate Kuwait for an estimated $52 billion. Following the first Gulf War, Iraq did not have an independent economic policy, with all of its income administered by Iraq’s development program and supervised by the UN. Five percent of Iraq’s annual oil revenue was allocated to compensating Kuwait.

So far, Iraq has paid $41 billion dollars to Kuwait. According to Iraqi Foreign Minister Hoosyar Zebari, Baghdad is committed to paying the rest of the remaining $11 billion in compensation to Kuwait, and expects to pay off all of its.

http://www.rudaw.net/english/business/07072013

J49:  Thank you Delta for this article so now we all understand ...THEY CAN NOT GO INTERNATIONAL UNTIL THEY DROP THE THREE ZEROS.

Frank26:  This is a very good example thank you DELTA ........ Aloha