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Wednesday, June 20, 2018

DINAR GURUS UPDATE, 20 JUNE

6-20-2018  ***  Dinar Guru UPDATE ***  The CBI has NOT updated their rates since June 13, 2018.  We've been left somewhat in the dark here for a whole week.  The community was/is expecting the CBI to be compliant with the IMF 2% for 90 days rule on or about June 15th...Until the CBI officially updates their rate we do not know for sure they are compliant.  At this point we don't know if the delayed updates is part of the holiday schedule or something else.  You can see the CBI official rates in the left column of this page.  Stay tuned as the gurus chime in on this very important subject.  The latest guru posts will continue below... 
6-20-2018   Intel Guru Frank26   [via sunny]  Deep in my heart, I really think we are here!  Based on things I've been seeing, and what WS [Guru Walkingstick] said, they are on an accelerated pace to push this thing through...very shortly!  They will be one to one in country when they reinstate their currency. They are about to take the first step in the RI.  IOO...the CBI, the banks are on the cusp to do it NOW!

6-20-2018  
 Newshound Guru Mailman17   THATS NOT SAYING A FLOAT IS OUT OF THE QUESTION, BUT THERE ARE MORE THAN ONE TYPE OF FLOAT. IMO, THEY WILL COME OUT WITH A MANAGED FLOAT, AT 1-1 UNDER THEIR CONTROL AS TO WHETHER IT GOES UP OR DOWN ON ANY GIVEN DAY. LETS FACE IT, NO ONE IN THEIR RIGHT MIND IS GONNA TURN IN ANYTHING AT A 1200-1 KNOWING FULL WELL THE MARKET WILL DRIVE IT UP FAST.  IRAQ NEEDS THESE NOTES IN THEIR CONTROL AND A FLOAT FROM 1200 IS NOT AN OPTION. AND IT ALSO GIVES THE IRAQIS PURCHASING POWER WHICH IS THE KICKSTART THAT ECONOMY NEEDS. AS ALWAYS THIS IS JMHO.   [post 2 of 2]

6-20-2018   Newshound Guru Mailman17   AHHHH...THE NEVER ENDING ARGUMENT THAT HAS GONE ON FOR YEARS, MYSELF ARGUING MY POINT OF VIEW AND OTHERS WITH THEIR RESPECTIVE VIEWS. ONE SIDE SAYING FLOAT, THE OTHER FIXED RATE. THE ONLY THING I CAN SAY, IS THAT SHABS SAID MORE THAN ONCE THAT WHEN THE DINAR WAS READY TO HIT THE MARKET, HIS GOAL WAS THAT THE INITIAL RATE WAS TO BE ON PAR WITH THE DOLLAR. THAT MEANS 1-1. AND THAT MAKES SENSE IF YOUR ABOUT TO DISTRIBUTE LOWER DENOMS.  [post 1 of 2....stay tuned]

6-20-2018   Intel Guru Bruce   ...Iraq is coming off their holiday Eid al-Fitr. It started Friday and today [Tuesday] is their last day. What is significant is their ISX, Iraq Stock Exchange, has been down throughout the holiday. It is getting ready to come back up... Wednesday, June 20th...presumably with the new rate of the dinar...I believe we are at the point where because where we are because of the international banking week, we can go at any moment.   ...I am excited about where we are. I think we are on the cuff of this thing going.

6-20-2018  Newshound Guru BobTheTaxMan  ...which we already know they’ve accomplished and they must begin to reduce the note count, which we already know it’s accomplishing.  And the price of oil which has been the primary source of money infusing into their system right now is relatively high.  But they also know that’s going to go down.  So the time’s coming when all of this is going to shift…the CBI is the administrative adjunct in this whole thing.  They’re the ones that when they say they’re going to do something, so far they’ve done it and it’s been pretty dang amazing. [Post 2 of 2]

6-20-2018  Newshound Guru BobTheTaxMan  The heart of what’s going on here is the CBI…No one has really thought about why that dirty float is in place.  We call it a dirty float simply because it’s a controlled float.  It doesn’t go with the markets.  It’s being administered/managed in my opinion correctly.  They have a goal to accomplish and the only way for them to do that is to keep the value of it down…They understand that the day will come when the change in that currency is going to occur.  To accomplish that though, the CBI has to have a reservoir of a certain amount of money…[Post 1 of 2]

6-20-2018   Newshound Guru Adam Montana   I don’t know about you, but that seemed like the longest Ramadan ever! ...Ramadan + Elections is never an easy situation to analyze, and this year is proving no different. It’s pretty much impossible to determine exactly how this year will turn out, but over the next couple days I expect to see more definitive answers.  Once that’s done, we’re on to the next phases. Since we’re in that limbo state for a couple days, I won’t speculate much about the course of things… the good news is we should only have a couple of days to wait for this to develop and give us a better picture to the future. The bottom line right now is that Iraq is hashing out the elections, determining a victor, and we'll be moving forward shortly.  I fully expect things to start ramping back up for us in Dinar Land...

6-20-2018   Intel Guru Delta   [via sunny]   CBI has had been 100% compliant within the 2% range for 90 days.  Dr. Shabibi said in 2014 the dinar could go at $1.19.   ...CBI needs over $3.+ 20%.  When Obama pulled all the troops out of Iraq, ISIS moved in and that delayed the RV...    Looks like we are very, very close!Banks now linked with merchants through the POS (point of sale).  Next is the release of the small bills (lower denominations).  They are 100% ready to pull the trigger...June looks very solid...  In Iraq, Dinar will be 1 to 1 with USA.  Internationally the rate will increase, climb and be capped later in 2018.

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