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Friday, August 10, 2018

DINAR GURUS UPDATE, 10 AUGUST

8-10-2018   Newshound/Intel Guru Mnt Goat   Folks there is no SOLID proof to make anyone to think that this RV could happen now or even be delayed until September. In fact, there is actually more evidence that looks like this may be delayed until early September which by the way is only 3 weeks away. I do not believe this will go into 2019, as many are asking me. But can I prove it? I can only go with what the CBI has told us in the recent past.

8-10-2018  Newshound Breitling 
  Question:  [Someone close to me…has stated that the CBI has released articles stating that Iraq is in the process of lopping the currency.  Apparently this is all part of the delete the zeros project…] …If you take the zeros off the notes it’s gong to have the same price just like it did in Turkey. So what’s the difference between the Iraqi dinar and what’s going on with that?  They control the money supply by the actual amount of dinar that’s out there...  I’m trying to be very very nice here.  She doesn’t know what she’s talking about.  But here’s the thing…any investment you don’t feel comfortable with get out...Again, You want proof?  The 50 dinar note.  It was absolutely worthless…there was nothing you could buy…so they got rid of it.  They were trying to lower the note count anyways.  So it’s a physical note count process they are talking about.  

8-10-2018   Intel Guru RayRen98   Iraqi TV is announcing the expectation of a newly formed and seated government by the EID holiday, August 21, 2018.  IT HAS BEEN REPORTED TO ME THAT "RELEASE FOR ALL CURRENCIES HAS BEEN AUTHORIZED" ....TIME WILL TELL...

8-10-2018   Intel Guru Delta   [via Linda]  ...BEHIND CLOSED DOORS THEY DO HAVE A RATE AND A DATE.. BUT THEY ARE JUST NOT READY TO SHOW US YET…FOR THE EU TO GIVE THE BROKERAGE A PERFORMANCE GRADE IS REALLY VERY HUGE...THE BROKERAGE IS INTERNATIONALLY STANDARD BASED ON THE EU...IRAQI STOCK EXCHANGE IS BEING RECOGNIZED AS THIS  THEY ARE GETTING READY... HOOKING UP ALL THE SYSTEMS...SO THEY ARE READY...THEY CAN GO LIVE ...THE ONLY THING WE ARE WAITING FOR NOW IS FOR THE CBI TO RELEASE THE RATE...THEY CAN NOT GO INTERNATIONAL AT 1190…IMF SAID THEY MUST DELETE THE 3 ZERO’S FIRST… AT A MIN THEY MUST BE 1:1 SO .86...

8-10-2018   Newshound/Intel Guru David M. Witty   Iraqi High Election Commission announces results of hand recount of 12 May Parliamentary elections. Changes from initial results appear minor.  In Iraqi election news, after hand recount of 12 May Parliamentary elections, Sadr's Sairoon maintains 54 seats, PMF's Fatah now at 48 seats, & PM Abadi's Nasr with 42 seats.

8-10-2018   Newshound Guru  Kaperoni  Any country that is in Article XIV can notify the IMF of their desire to avail to Article VIII but if they continue to have restrictions that are not compliant with Article VIII they will not be accepted.  [It makes sense that the IMF should expect them to move forward since the IMF and other countries have so much time, money and energy invested in them or any country in development.]  Yes, that is why I believe the IMF will hold an Article IV Consultation with Iraq and during that consultation will encourage them to move forward now.  [post 2 of 2]

8-10-2018   Newshound Guru  Kaperoni‏   ...the IMF states that countries are supposed to constantly be striving for Article VIII acceptance...in other words they're not supposed to be complacent with being an Article XIV.  IMF is not going to accept a country such as Iraq or any other country into Article VIII if they haven't met the conditions for compliance especially if it's been documented in the Article IV Consultation.  ...There are no exceptions to meeting compliance... Article XIV is known as "transitional arrangement" and members must strive for Article VIII ...And finally it is not advantageous for Iraq to sit in Article XIV especially since it's been stated numerous times in the Article IV Consultations that moving to Article VIII will send a positive message to the global investment community...  [post 1 of 2....stay tuned]

8-10-2018   Newshound Guru Walkingstick  [Why would they add specimen to notes that are already in existence?]  [One Day After The United Nations Security Council meeting yesterday. Hmmmm.]  https://cbi.iq/page/89    ...Unknown, could be, a number of reasons ... Perhaps, the photos and description/s of notes on the CBI site will be used as an aid/s...Normally a small run of banknotes designated with the word (specimen) are distributed to foreign exchanges and Central banks, as an aid in recognizing currency from a different country, and... used as an aid in detecting counterfeit currency...Or, a means of preventing the use of depicted notes from being copied for reasons other than their intended use...

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