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Sunday, August 19, 2018

DINAR GURUS UPDATE, 19 AUGUST

8-19-2018   Newshound Guru chattels  Article:  "Central Bank: adopt a mechanism to prevent rising from $ 100 thousand dinars Al121"   Quote:  "... the Central Bank of Iraq several measures and mechanisms adopted in order to maintain the stability of the dollar exchange rate against the Iraqi dinar at 121 thousand dinars for each $ 100."  The foregoing article is interesting in that it confirms the intentionality of the CBI regarding maintaining a stability range on the value of the dinar relative to the dollar.

8-19-2018   Newshound Guru Adam Montana   
[..if, (big IF) the election results become official by the end of next week (after holiday) how long would you speculate that it would take to seat the new parliament and start conducting business? I realize this is Iraq and anything or nothing may happen SOON.]   We're looking at about a 30 day cycle right now, IMO

8-19-2018   Newshound Guru Don961   Article:  “An economist reveals the bank's printing of large amounts of currency with small categories to replace them with damage”   ...from previous articles ... this will also help get more of the existing 3 zeroes out from under those mattresses ... and replace them with these smaller denominations ... because as other articles showed from the CBI ... these lower denom notes will be pushed ... in the marketplace ... and in the banks .. which will also get citizens enured to using smaller notes ... and make the transition to the RI lower denoms much more realistic psychologically ... another step...imo 

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