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Saturday, August 11, 2018

DINAR GURUS UPDATE, 11 AUGUST

8-11-2018  ***  Dinar Guru News Update  ***  Intel and Newshound Gurus are reporting the Spring election recount has been COMPLETED with very minor changes in results.  This means forming the government can get back on track.  First thing we'll see is the election results being ratified.  Followed by the first session of the new parliament.  From there the new government will be formed...stay tuned as the gurus chime in on this very significant development.  The latest guru posts will continue below...
8-11-2018   Newshound Guru sandyf    Only dinarland would make an issue out of the word "SPECIMEN", wouldn't cross their mind that it may have something to do with standards on the reproduction of banknote images.  Quotes:  "Every country has legal restrictions on the reproduction of banknote images. The counterfeiting of currency is a crime, and while restrictions vary from country to country, in some countries, any reproduction of banknote images – even for artistic or advertising uses – is strictly forbidden. Even in countries that allow some limited use of  banknote images, there are specific rules and requirements..."  "...Reproductions shall be depicted proportionally and the image shall be larger or smaller than a genuine banknote.  Reproductions shall contain the word "SPECIMEN" in bold lettering diagonally across the image."

8-11-2018   Newshound Guru Kaperoni
   Very interesting announcement today from currency dealer...they now or [are] allowing customers to exchange dinar for cash USD on the spot and all locations.

8-11-2018   Newshound Guru Breitling  [2] …Iraq just watching the markets.  If they go below a certain price per barrel…again I don’t know exactly what that price per barrel is…but it’s in the low 60’s the high 50’s and they start to sweat…it’s not good.  They can maintain but they don’t want to maintain.  They’re like everyone else, they want an insurance policy.  In fact they want to go beyond an insurance policy and they want the success to be endless.  That’s what’s going on, so you have Iraq with the market pressure and now you have the pressure coming from Iran.  And it’s heavy, huge and real.  That’s what they talked about.  That’s what’s going on.  So that’s the report I got from Iraq.  [Post 2 of 2]

8-11-2018   Newshound Guru Breitling  …This all does tie with Iraq…one of the things is Iran…we were not too sure if Europe was going to participate with the United States in the sanctions against Iran.  That puts pressure on Iran financially.  Well guess what?  That puts pressure on Iraq financially.  Because now Iran is going to depend on Iraq even more…this is a big plus for us.  [Post 1 of 2]

8-11-2018   Newshound Guru Kaperoni   ...Iraq would be just fine if they were in Article VIII with an 1190 valued currency. Yes we all know it deserves to be higher...many experts believe it is extremely undervalued. But that is what floating a currency is all about allowing market forces to dictate a country's exchange rate.  So we will all find out if the Balassa Samuelson effect is in play and large amounts of capital come into Iraq to rebuild and investors around the world believe that the currency is undervalued.   [post 2 of 2]

8-11-2018   Newshound Guru Kaperoni  ...the dinar cannot be international at 1190 $1...Sure it can and it will!  At least start there...for how long it stays there I have no answer but it'll rise based on supply and demand and economic principles...people...are going to be extremely disappointed when the CBI moves from fixed to float and the exchange rate is 1190.  The value of the Iraqi dinar will be directly related to the amount of investment that flows into the CBI's capital account, that economic pressure will create inflation which the CBI will raise the value to counter...the rate is 1190 until the CBI decides to change it.
 I do expect it to rise fairly quickly over a 6 months to a year.  But again that'll be directly related to the amount of investment that comes in to participate in the reconstruction of Iraq.   [post 1 of 2....stay tuned]

8-11-2018   Intel Guru Delta   ...IT LOOKS LIKE THE CBI ADDED...ONE MORE THING TO THE NOTES...  https://cbi.iq/page/89  [...is it the specimen number...lower left hand corner of the bills?]  WE HAVE A WINNER ...WAS NOT THERE BEFORE ...YES MORE CONFIRMATION THAT THEY ARE INTERNATIONAL...   [What is the significance of that Delta...?]    ...SEE WHEN YOU GO TO THE BANK AND EXCHANGE IRAQI DINARS THE BANK WILL HAVE A SAMPLE FROM CBI TO VERIFY THE CURRENCY AND EACH NOTE HAS A TRACKING NUMBERS....MEANING THE CBI IS ABOUT TO GO INTERNATIONAL WITH IQD...IF IT'S IN PRINT ...IT'S DONE...

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