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Friday, June 15, 2018

DINAR GURUS UPDATE, 15 JUNE

6-15-2018   Newshound/Intel Guru Mnt Goat   Question: SO HOW DO WE COME INTO THIS PICTURE THEN, AS INVESTORS?  We are only going to benefit from this process in that we know that these very large 3 zero notes are temporary...and the notes would be someday replaced with more normalized lower denominations...once they controlled the inflation and could stabilize the government and economy again. This has now all happened. This replacement of currency is way overdue.   [post 1 of 2....stay tuned]

6-15-2018   Intel Guru Bruce
   The Qi cards especially the new Master card that is tied to Rafidain Bank in Iraq has been issued and is operational for people...any citizen...Iraqi citizen has and can utilize the Qi card and can be paid in dinar.  I mentioned to you over a week or two weeks ago that the dinar has revalued in country. I don’t care if we can’t see it on the website or see it at its true value.  ...Iraq has done their thing. They were held while up by the UN last week and they finally got released on that. They are moving and shaking right now.  How do we know all thisI told you...we had...3 tankers coming here...to the United States...those tankers carrying over 20 million barrels of oil they will be paid in Iraqi dinar backed from our government.  ...We are really excited about that.  They start their Eid Al Fitr holiday...June 15th.  So for...5 days...the ISX won’t be trading during the holiday period.  I can bet on the 2oth when it comes back Iraq will be trading at what is known as a newly revalued dinar stating the 20th. 

6-15-2018  Newshound Guru Breitling  …the last report I got, the dinar was at 4 billion notes.  I don’t know what it’s at right now.  They could have added a billion notes to the note count.  I don’t know.  But I know what needs to be done.  I know what the management team for the dinar want to do.  And I know they can do it.  It’s that simple.  I’m willing to take the risk. 

6-15-2018   Intel Guru Frank26  [via sunny]   This week CBI uploaded all data for New ATM machines and all software updates completed.  This includes all banks working with the CBI outside of Iraq’s Borders.  The update of electronic software is done.  The CBI linked banks inside Iraq in a 24 hour period.  The ATM’s now capable of receiving data for small notes.  ...There is no option to withdraw a small note yet. The citizens are unaware the ATM’s are ready to dispense the small notes yet.  It’s unknown at this time when the ATM’s will  dispense small notes.  By the UNSC releasing and unfreezing the CBI assets it allows the IQD (Iraq Dinar) to leave Iraq’s borders – to go International, and free Iraq of the program rate...The next step is to take the small notes to the ATM machines.   The rate has to change first.

6-15-2018   Newshound Guru Kaperoni   The CBI is now allowing consumers in Iraq to get cash back from point-of-sale transactions up to 2 million Iraqi dinar per day with a small fee. Now why would they do this if there was a RV or RI about to happen? They wouldn't! There is no RV or RI.  As I've said over and over and over again monetary policy just doesn't work that way.  Once the CBI accepts IMF Article VIII they will get off the peg and move to some kind of a float which will allow the dinar to gradually rise over time. The pace of that rise is yet to be determined.  Could the Iraqi dinar ever rise to a dollar in value? Yes I believe it could but it'll take time. The process to raise the value will be based on sound monetary policy not some overnight event.

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