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Sunday, April 1, 2018

DINAR GURUS UPDATE, 1 APRIL

4-1-2018   Intel Guru Delta     "URGENT FROM IRAQIA TV:  CBI...WE HAVE SUCCEEDED IN ENDING THE EXCHANGE RATE GAP..."   Article:  "Central Bank: We have succeeded in ending the exchange rate gap"  YEP...PAST TENSE ...SUCCEEDED...  [...does this mean they have ended the auctions?]  NOT YET... RATE FIRST...

4-1-2018   Newshound Guru Stryker
   Article:  "AMBASSADOR DOUGLAS SILLIMAN REMARKS AT IRAQ ENERGY FORUM"   This shows us without a doubt that Abadi and his Cabinet of Ministers must be willing to turn over the economy to the private sector and release control of this out of date centralized economic system and it needs done NOW!!

4-1-2018   Intel/Newshound Guru sandyf   There should be a bit more clarity when referring to banknotes. There is no such thing as 'Older' or 'Newer' notes per se. Banknotes either belong to a previous series, a previous currency, a new series. or a new currency. The fundamental difference between a revaluation and a redenomination is the former retains the same currency whereas the latter introduces a new currency. There can be some distortion in terms of RD as there is an inherited revaluation of the monetary unit (not the currency) which may be perceived by some as a revaluation.

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