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Thursday, June 7, 2018

DINAR GURUS UPDATE, 7 JUNE

6-7-2018   Intel Guru Bruce   Some people are concern about Vietnam. I think what is happening is Vietnam is holding their cards very close to them right now and we are not going to see that rate on the screen until the very last second because that is a currency in current use. They have to bring that out exactly the right time.  My understanding is it will come at the same time as the Dinar...

6-7-2018   
Newshound/Intel Guru Mnt Goat    ...Wednesday June 6th...Parliament is supposed to meet and swear in the new Parliament members for the July 1st first session of the new parliament. Also, they told us they will announce the candidate for the new prime minister whose job will be to form the new government within 90 days.  Do we need the “fully” formed new govt for the CBI to move ahead with the reinstatement process of the dinar? I am being told we do not and the CBI plans to move ahead as long as any candidate presented (we know it will most probably be PM Abadi again) will create political security in Iraq and support the monetary reform process and other economic reforms of the country.

6-7-2018   Newshound Guru Adam Montana   We are a mere week away from the end of Ramadan, and judging by the current events, this may be the most explosive..."end of Ramadan" we've ever seen.  Things are happening. None of it really matters until they push the button, but we all know that any news is better than no news. I don't think I've ever seen a Ramadan as busy as this one, in terms of newsworthy events One item that I will expand on is the Elections - there is a lot of confusion about the Prime Minister seat. Did Abadi retain power, or not?  Article:  "The start of the parliament session headed by Jubouri"   Articles quotes:  "Presidency of the parliament decides to hold an extraordinary session on Thursday..."  "The Presidency of Parliament announced on Wednesday, the Parliament held its extraordinary session in the presence of 172 deputies to correct the electoral process."  If there was ONE thing I'd say to keep an eye on right now, that is probably it.  Until that's settled, I don't see any progress happening with HCL or really anything else, so - we will watch.

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