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Monday, April 30, 2018

DINAR GURUS UPDATE, 30 APRIL

4-30-2018  ***  Dinar Guru News Update ***  The dinar CBI Official Rate and the Central bank of Iraq's reported Market Rate for the dinar is listed in the Dinar Guru Resource Bar on the left side of this page... The market rate has continued to slowly rise in value for the last 4 months.  [REMEMBER the lower the number here the MORE value to the dollar the dinar has...in this case LOWER is better.]  The last CBI Market Rate update was 1195 on 4-29-18 and has been under 1215 since March 15, 2018 and has been under 1200 since April 23, 2018.  The difference between the CBI Official Rate and the CBI reported Market Rate is now down to 11 dinars.  When considering the CBI's commission for selling dinar (the gurus report this to be 6 dinar)...the difference between the Official and Market rate is only 5 dinars.   Stay tuned for what the gurus think all this means for the future of the dinar...  [the latest guru posts will continue below...]

4-30-2018   Intel Guru Dr. Clarke   Ramadan will Not Stop this. No Holidays will Stop this. Maliki will Not Stop this. (or any other candidate)Parliament in recess till June, will Not Stop this. Kurdistan will Not Stop this. Syrian & surrounding rebels, including Iran, will Not Stop this.Opposing Political parties within the U.S. and abroad, will Not Stop this.The Elections will Not Stop this.  HAVE YOU CIRCLED SUNDAY, APRIL 29, 2018 yet?  WE LIKE THIS DATE. BECAUSE, it’s 2 Days away fromTUESDAY, MAY 1, 2018...12 Days Prior to the Election...bringing “MAY Flowers”...and it's a FULL MOON. We’ve stated before...:   “MAY 2018”MAGIC. Sleep Well Tonight...

4-30-2018   Newshound/Intel Guru Mnt Goat 
  So they couldn’t have gotten out of Chapter VII sanctions without also having struck some deal with Kuwait and the IMF for repayment. You see it is not the actual repayment that is important, but rather it is the satisfying the IMF and Kuwait of assurances of repayment in the future much like a secured loan would do. With Abadi as prime minister (and probably will get a second term) they know the govt will not default on the agreement. So the IMF took them off the sanctions. This was the last item to complete to get out of sanctions and they told us this many times in articles. So this is done as it would have to be to get our of Chapter VII.  [post 2 of 2]

4-30-2018   Newshound/Intel Guru Mnt Goat  
 [There appears to be still $4.5 billion remaining with regards to Kuwait War Reparations. Does that remaining $4.5 billion have to be paid out before the reinstatement of the Dinar can occur?]   Months ago Kuwait and Iraq signed an agreement to pay down this debt in propane gas. Only they need a pipeline and are now building it. The recent payment to Kuwait is part of the agreement. ...the key to pay off of the war reparations is whether the IMF and Kuwait both agree to it. As long as both are satisfied then as far as the sanctions go it is done. ...in December 2017 it was announced Iraq is now “fully” out of Chapter VII? Just weeks before this announcement they told us this gas deal with Kuwait.  [post 1 of 2....stay tuned]

4-30-2018   Intel/Newshound Guru sandyf   ...The fundamental problem in all this is the interpretation of the term "revaluation".   Revaluation is a recognised term in respect of an upward change in the value of a currency on a fixed exchange rate. Currencies on a floating exchange appreciate rather than revalue. Revaluation can also be used as the overall outcome of a redenomination, in this case it is a revaluation of the monetary unit and not the currency itself.  Under certain circumstances the term can be used when the price of something changes value. It is just financially impossible for the Iraqi dinar to move from the current rate to around $4 in a currency revaluation per se. If there is to be any significant return on the dinar it has to come from a different direction.  ...As far as Iraq is concerned, the redenomination could be the end of monetary reform, not the beginning...

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