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DINARESGURUS.BLOGSPOT.COM_________________ _______

Monday, June 18, 2018

DINAR GURUS UPDATE, 18 JUNE

6-18-2018   Newshound Guru tlm724   Article:  "dinar card is ready to use"   Quotes:  "announce International Islamic Ban announced launch first MasterCard card currency Iraqi dinar" "Ruffer used your card outside Iraq and through the Internet and the price of discharge according to the official price of the Central Bank of Iraq."  ...very interesting. ...I researched the International Islamic Bank branch in Iraq...they do offer MasterCard and many benefits to their customers. Very good stuff...

6-18-2018   Newshound Guru Kaperoni
    3 days now passed the 3-month IMF requirement, CBI continues to be in compliance at 1200 to $1.

6-18-2018   Newshound/Intel Guru Mnt Goat   ...it’s mid June already and still the election process saga continues in Iraq. This is just 2 weeks prior to the end of the current government. Will they settle this saga prior to this time? They are already talking about a provisional government, this of course would be disastrous and will only lead to yet more shenanigans by Maliki and his goons. Will the UN or the USA step in to assist and settle this issue?  We also know the MCP monitoring by the IMF ends...  What does this mean? It means that the CBI will not want to allow too many days in between the signoff of the MCP and the reinstatement. We watch now for the next Article IV consultation session. The last consultation was completed on August 9, 2017 for the ending of the 5 year Stand-by-Agreement. This may very well be the final piece to the puzzle, allowing the CBI to continue to the next and final stage of the project to delete the zeros.

6-18-2018   Newshound Guru Daytrader  [New Guru]  I believe there have been a number of responses showing sound logic and article support for Iraq to move to a higher exchange rate.  IMO the reason they must is because it is a WTO requirement that a members exchange rate accurately reflect the true value of its currency.  Iraq has been working towards full WTO membership for several years, and looks as though they could be nearing acceptance.  The WTO will not allow unfair trade practices within its membership, and Iraq's current exchange rate would not accurately reflect its true value.  Also recall Alak "visited" with the IMF while in New York for the Central Bank Governors meeting last year.  ...Alak was joined by an accounting firm believed to have completed an independent third party analysis of Iraq's resources. Their objective was to provide accurate data for the new exchange rate calculations with the IMF.  IMO Iraq will not reinstate at the current exchange rate.

6-18-2018   Newshound Guru Kaperoni   With 96% oil dependency Iraq must pay for everything from oil sales from infrastructure projects, salaries of employees, defense spending and of course a lot goes to corruption. Iraq's budget for 2018 was $88 billion dollars. Iraq currently produces about 4.5 million barrels per day of oil. They would have to make at least $62 a barrel to break even on the budget including production cost.  This is why the idea of oil credits or selling oil for $32 is just not feasible.   I've said for years the dinar that we hold that was sold outside Iraq will never go back...it was part of a controlled leak to prime the pump of sorts to create momentum for the Iraqi dinar worldwide which eventually will end up in other central banks around the world.  [post 2 of 2]

6-18-2018   Newshound Guru Kaperoni   ...Iraq is 96% dependent on oil sales what that means is they could never sell oil below market price because they would be under cutting their own budget.  Remember 70% of the budget is wages as most Iraqi's are on the state payroll. Selling oil for $32 a barrel would prevent them for making payroll.  Until Iraq and diversify and create a market economy and reduce the dependence on oil they are at the mercy of meeting that budget.  The actual cost to produce a barrel of oil is about $10 yes but Iraq has many other expenses on top of that that make the sale of any oil for less than $40 not profitable.   [post 1 of 2....stay tuned]

6-18-2018   Newshound Guru Whitelions   ...the C.B.I   has the LAST and ONLY word on how the monetary system works and they have TOLD the PEOPLE that there will BE NO FLOAT.

Restored Republic via a GCR as of June 18 2018

Compiled 18 June 12:01 am EST by Judy Byington

The below is a summary of information from the Internet. It would be up to the individual reader to decide whether or not it was valid.

June 17 2018 2:01 pm EST Intel Alert: Operation Disclosure: GCR/RV Intel Alert for June 17, 2018 Operation Disclosure (

Disclaimer: The following is an overview of the current situation based on rumors/leaks from several sources which may or may not be truthful or accurate.)


1. As of June 15th, 2018 the RV was "softly" released and making it's way down the line.

2. RV transactions continued to occur, while paperwork was prepared and sent to specific parties involved in the RV.

3. Due to the volatility of the situation, the Alliance was keeping RV information leaks to a bare minimum.

4. On a daily basis the Alliance held situation briefings, informed World leaders on the briefings and then adjusted "the plan" accordingly.

5. The Event was imminent.

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June 17 2018 12:42 am EST GCR Update (video): "SGT Report GCR Update from RDS" by PNW - 6.16.18

1.Steele claims he was briefed "a few weeks ago" that Trump was injecting a trillion dollars from the bottom up with two orders: hire full time employees with benefits, and only build, don't rent anything."

2. If Steele was interviewed on June 11 and claims the GCR window is 7-10 days. That puts a deadline of June 21 for the Reset

IQD RV News Update (RANT# 177)

RV/INTELLIGENCE ALERT - June 18, 2018

(Disclaimer: The following is an overview of the current situation based on rumors/leaks from several sources which may or may not be truthful or accurate.)

The last geopolitical battle between the Alliance and the Cabal is now being played out in the European theater.

EU nations will be exposed of corruption. World leaders and politicians will be forced to resign and be replaced by individuals aligned with the Alliance.

In response, the Cabal are attempting to re-ignite old rivalry's such as the rivalry between Pakistan and India.

The Cabal are also attempting to destabilize EU nations with illegal immigration.

Division is the Cabal's game.

The Cabal's resistance is futile as the stage for their final downfall is nearly set.

Let the play begin.

In the meantime, information regarding the status of the RV remains tight as the RV continues to trickle down to the public.

KTFA UPDATE, 18 JUNE

KTFA:

Alison:  Can someone explain to me why Iraq could not engage in international commerce and trade and rebuild their country to its former glory at the current “Program Rate” if that rate is either accepted internationally now or is soon to be accepted internationally at the rate reflected on that Mastercard link?  South Korea seems to have done and is doing quite well at it's current international rate reflected by Mastercard. Why not Iraq???

2cents:  Iraq can certainly operate Internationally at the current 1190 rate......Look at Vietnam at 20,000+/1USD.....Look at Iran.....woww

Everyone always says the IQD is worthless, "toilet-paper money"......Well I for one have used hard earned USD to obtain IQD.....hardly worthless....

The issue in my Opinion is not could they, but will they??....
....
If the CBI had been expanding their money supply, IMO they could "LOP" and/or keep the rate the same when they "Accept Article VIII obligations".....however, we know they have been contracting their money supply(note count).....We also know that they fully plan to Redenominate including Fils as small as 25......

This cannot occur at the current rate as the net result would be a currency with less value than the paper it is printed on or metal it is stamped from......In fact, even the Special Inspector General Report on Iraq Reconstruction to Congress stated that had the plan to Delete the Zeros not been postponed in 2012, it would have brought the IQD on par with the USD....

The bottom line, Iraq CBI must change the rate when they redenominate or the new currency will not be functional in the market place.......rest assured, the rate will change.....the only question remaining is how it will apply to what we hold.......however, remember WS has stated "We Won".....

Hope that helps....

Frank26:  HMMM ................... EXCELLENT RESPONSE IN THE QUEST TO HELP SOMEONE .................... TAKE A BOW SIR.   I LOVE TEAMWORK. 

Fuze:  Thanks 2cents, you hit the main points and cited the right sources in your response. I might add one more. The Korean economic structure is labor intensive and import based. Iraq, Kuwait, SA etc...are Natural Resource and export based. Apples and Oranges.

A side note regarding some who question a rate gradual float  verses a rate change. The CBI Governor explained several times in articles, gradual floats don't work in their type of economy, that's why none of Iraq's neighbors who's economies are similar use that method. Yet, some Guru's insist on the gradual float, in-spite of what the CBI Governor says....TY again for your clear response.

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Samson:  Iran, Iraq, Venezuela oppose increasing oil production under the "OPEC"

 18th June, 2018

Said the representative of Iran in the "OPEC" Hussein Kazempour Ardebili, that Iran, Iraq and Venezuela would use the right of veto against a proposal to increase oil production in the framework of the "OPEC '" agreement.  Iran, as far as I know, Iraq and Venezuela will oppose the increase in oil production under OPEC, "said Iran's representative in an interview with Bloomberg. And it is certain that other members will agree with us in the opinion. "  "Saudi Arabia and Russia will not be able to make a single decision on this matter," Kazempour said. "If they want to work on their own, this is a violation of the cooperation agreement."

The delegate said Iran: "There is no shortage in the market and must OPEC is committed to its decision until the end of the year, also said any significant changes in the oil market did not occur, and the Energy Information Administration of the US Department of Energy and the International Energy Agency has Tjlta in their conclusions about the market situation.  As The Iranian delegate called on all OPEC member states not to be dragged behind US President Donald Trump, who has imposed sanctions on OPEC member states - Iran, Venezuela and Russia.

OPEC and a number of non-OPEC members agreed at the end of 2016, in Vienna, to reduce their oil production by 1.8 million barrels per day from the level of October 2016, Russia is committed to 300 thousand barrels of them. The agreement entered into force early 2017 and has already been extended twice already, the latest to the end of 2018. Russian Energy Minister Alexander Novak said last week that Russia and Saudi Arabia support a gradual increase in oil production, OPEC countries could consider increasing production To 1.5 million barrels per day as part of the Vienna deal relief.   LINK

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Samson:  The resignation of the head of the Central Bank of Argentina after the loss of the currency half of its value

 18th June, 2018

Argentina confirmed that the Minister of Finance in the country , Luis Caputo will lead the central bank to succeed Federico Storzinger , who resigned

The Argentine government said in a statement, last week, that Nicolas Dugovny will take over the Ministries of Finance and Treasury in the country

The decision comes after the sharp decline of the currency of Argentina against the US dollar by more than 6% during Thursday's trading to the lowest level ever

Storzinger wrote on Twitter last Thursday that his credibility has deteriorated in the past few months due to several reasons

He also published a copy of his resignation through Twitter, as well as challenges and achievements during his two and a half years in office

A group of senior central bank officials resigned following Sturzinger's departure, including Mariano Flores Vidal, general manager, Damien Riedel, second vice president, and Andres Neumer, chief economist, according to a separate statement by the Central Bank of Argentina

By the end of last week, the local currency in Argentina against its US counterpart 28.261 pesos, a record low

The losses of the peso against the dollar since the beginning of this year so far 51.75%   LINK
 

TNT UPDATE, 18 JUNE

TNT:

Wildhunter:  It is kind of funny to see how the stories change as day to day things happen. At the end of January it was supposed to happen... something changed... February, March, April, May... now June. Wish I had kepth up with it all but it would only depress me. Who needs that. End of June for sure. I'm counting on it.

Yada:   wildhunter,,,of course,,,and it all makes sense,,,the very idea of letting go and still have a currupt government or individuals would of defeated the purpose of having an RV because they would of ended up back where they were before,,,,Now the election process worked in their favor,expect to see this now,,before they seat all the government

Sunny:  The Robert Steel Interview with Pres. Trump was mentioned on the call. https://youtu.be/OipTyXwO1Qc Global currency reset is directly addressed at 34:30 by Shawn and Dr. Robert David Steele.

SassyD:  How do I set up a payable-on-death account? -- https://www.nolo.com/legal-encyclopedia/question-set-up-payable-on-dea​th-account-28260.html

SassyD:  What Happens to a Payable on Death Account When the Owner Dies? Tax a​nd Other Consequences of Inheriting a POD Account -- https://www.thebalance.com/consequences-inheriting-pod-account-3505238

SassyD:  Avoiding Probate with Transfer-on-Death Accounts and Registrations -- https://www.nolo.com/legal-encyclopedia/avoid-probate-transfer-on-deat​h-accounts-29544.html

SassyD:  States that Allow Transfer-On-Death Deeds for Real Estate .. -- An eas​y and inexpensive way to bypass probate court when you leave real esta​te. -- https://www.nolo.com/legal-encyclopedia/free-books/avoid-probate-book/​chapter5-1.html

Annie68:  There is no special form for a pod account. You just add the name to your account at the bank. Upon your death whatever mon ey is in there belongs to that person, Just as a husband/wife joint account….. Apod account goes to the survivor! No one can have access to it 'til yoiu are gone! Pretty simple way to leave someone mon ey, tax free because they are joint owner.