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2-27-2017 Newshound Guru loop LOVE THE DUE DILIGENCE THAT THE BANKS AND GOI ARE DOING! IT SHOWS A REAL COMMITMENT, ON THEIR PART, TO STOP THE CORRUPTION ONCE AND FOR ALL. THEY STILL HAVE MUCH WORK TO DO ON THIS FRONT. ONE THING HAS BECOME VERY APPARENT TO ANYONE READING THE NEWS...THEY ARE DONE ALLOWING THEIR WEALTH TO BE STOLEN BY CROOKS. THIS BODES VERY WELL FOR THE IRAQI CITIZENS AND US! THIS IS EXACTLY WHAT THE IMF NEEDS TO SEE THEM DOING!
2-27-2017 Newshound Guru Kaperoni Article: "Central Bank Governor: We support researchers and experts" Quote: "...the strength of the role of the banking sector is largely based on the strength of the economy and the stability and diversity, and its role in supporting and stimulating the private sector as the fundamental basis for the economy and growth." No secrets or shortcuts. Though not what most want to hear, it is what we want to hear. Simply because as the economy grows so will the dinar...Balassa-Samuelson effect.
2-27-2017 Intel Guru Dr. Clarke We will tell you, that the focus has changed from just Iraq's Safety & Security, clearing, liberation - to, and including a "REGIONAL" focus of Safety & Security, which is now centered also in Syria and others... We mentioned this possibility about the status of Syria & Iraq being equally important and related...and we talked about a "Trigger" recently too...we're going to have to see where this goes, over the next few days...there is a strategy, that's of course hidden, and it definitely involves, the economics & currency movements of Iraq and others. Don't put much stock in this "Bond" thing, introduced this weekend...fyi... "Standby" in Positive Expectation, and watch "The STORM" for now. It's Beautiful. What is REAL, is that we've put ALL DATES & TIMELINES OFF THE TABLE NOW. IT'S A BRAND NEW BALL GAME, FRIENDS. There's a LOT MORE TO COME, before Anything meaningful moves & is clear...ALL in our Opinion... [post 2 of 2]
2-27-2017 Intel Guru Dr. Clarke This is Truly, "The PERFECT STORM", and we're right square in the middle of it. We were hoping for more to share today, that was significantly meaningful & Clear, but it just hasn't been the case. So, we're currently in "STANDBY" mode, and hope that by this coming Thursday, March 2nd, things will clear up, and become more solidly known. We're not saying things are happening "Sooner" and we're not saying things are happening "Later"...we really don't know at this point, BECAUSE THINGS HAVE CHANGED SO MUCH OVER THE PAST 2 DAYS...and if we did, we'd relay those things along to you. It's truly a very massive and widespread storm...with Heightened ILLUSION...but one thing's for sure...it's POSITIVELY MOVING FORWARD. ALL of Life is about TIMING. [post 1 of 2....stay tuned]
2-27-2017 Newshound/Intel Guru BGG "Iraqi Stock Exchange is looking forward to new laws to operate locally and globally launched" Iraqi Stock Exchange is looking forward to new laws to operate locally and globally launched! Holy $*%&! Did I just read that right? There is a reason they are talking about this right now...it would appear this is on the verge of happening.
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2-26-2017 Newshound Guru loop Article: "Rasheed develop a plan to open branches in the liberated areas Banks" What caught my attention in this article was that they are in starting to talk about opening and rolling out modern & advanced services in the liberated areas. This says one thing to me. They feel the there is enough SABILITY and SECURITY in the liberated areas to move forward with normalized banking operations. Which means that they must feel that there is little or no threat that the banks funds will fall into the hands to Daesh.
2-26-2017 Intel/Newshound Guru Backdoc Article: "Rafidain Bank directs its branches update data before retiring salaries" SEEMS LOGICAL TO VALIDATE THE RETIREES ESPECIALLY WHEN YOU'RE ESPECIALLY CLOSE TO MAKING DISBURSEMENTS ON A LARGE SCALE.
2-26-2017 Newshound Guru loop Article: "Iraq complains Ministry of Finance's lack of cooperation with the retirement body: disgruntled pensioners of procedures" Quote: "Rafidain Bank was forced to exchange for several months, in spite of the suffering experienced by the bank, due to the lack of liquidity..." due to the lack of liquidity...I KNOW WHAT WOULD FIX THE ISSUE...INCREASING THE PURCHASE POWER OF THE DINAR!
2-26-2017 Newshound Guru Revbo Article: "Abadi Votal discuss the battle of Mosul and international support for Iraq" ...foreign jihadis leaving for Syria, allegedly on Baghdadi's orders. This operation is almost over, folks. IS is being demoted back to the JV team.
2-26-2017 Newshound Guru mike Article: "Abadi Votal discuss the battle of Mosul and international support for Iraq" To say I'm surprised is an understatement, they've been fighting these guys for years. Let's hope they keep up the momentum and free the entire city...
2-26-2017 Intel/Newshound Guru Backdoc Article: "Iran's Parliament Approves Bond Issue for Oil Projects" THIS SEEMS CONSISTENT WITH OTHER ARTICLES THAT IRAN WILL HAVE A NEW RATE AND WILL BE A SINGLE PAYMENT SYSTEM WHICH IS DIGITAL AFTER MARCH 20th. SELLING BONDS AFTER THAT NEW FISCAL YEAR FOR THEM MAKES SENSE. WHAT I LIKE EVEN BETTER IS THAT A DIGITAL DOLLAR AND MOST LIKELY DINAR THAT HELPS BACK THAT NEW DOLLAR WILL ARRIVE PRIOR. REMEMBER THE DOLLAR IS THE GLOBAL REFERENCE OF VALUE THEREFORE IT MUST SHOW FIRST OR AT THE SAME TIME AS OUR BELOVED DINAR!
2-26-2017 Newshound Guru loop The Iraqi's are continuing to show us daily that they are very serious about reforming every level of their government to provide a better future for their people. Corruption is being dealt with as they find it. There is still much work to be done on this front. But the speed at which they are confronting it is spectacular.. IMO. The battle to free the Right coast is progressing very nicely. The on going media blitz on Maliki is very telling. His time is coming to and end. His is about to reap the what he has sown. IMO. Munich was a definite catalyst for the recent move on him. IMO...It's shows how close we are getting to realize the the fruits of our labor... The continued dialogue in the media about national reconciliation shows how serious they are about it. It's not over until the fat Iraqi woman sings, but I have a feeling that she is about to belt out one heck of a tune!
2-25-2017 Intel Guru Delta [Dont know if relevant? "DEAL-Iraq's First International, Sovereign Bond"] NOT ONLY RELEVANT...BUT VERY HUGE! IRAQ HAS ISSUED ITS FIRST EVER INTERNATIONAL SOVEREIGN BOND. IT WAS ISSUED ON 02/24/17. [There were contingency for this ... They decided.] YES...THAT'S WHY IT'S HUGE...WARKA TOTAL BLOCKED TODAY.
2-25-2017 Intel Guru Dr. Clarke Lots of things are Changing rapidly, and "BIGLY", friends. As or right now, ALL OF OUR TIMELINES, previously stated, are no longer applicable. We will update you sometime tomorrow, after everything comes together... As for right now, we DO NOT see anything significantly happening with rates, tonight or tomorrow...We'll get you more detail, sometime tomorrow. There's been major HIDDEN information surface...Hint: Now, Iraq sending airstrikes to Syria to secure the border?...IOO.
2-25-2017 Intel Guru RayRen98 It has reported that the military base in Western Mosul has been re-claimed today by Iraqi troops. The government buildings being the next victory, are in short distance. Large groups of Isis are surrendering. Iraq has issued its' first internationally sold sovereign bond in the international capital markets!
2-25-2017 Intel/Newshound Guru Backdoc THE END TO THE YELLOW BRICK ROAD IS NOW IN SIGHT. OUR LONG AND DIFFICULT JOURNEY IS COMING TO ITS END. RECENTLY, WE SAW IRAQ ADMIT A VERY LARGE DISCOVERY OF BLACK GOLD IN SOUTHERN IRAQ. IRAN DID THE SAME THING JUST A COUPLE OF WEEKS AGO. BY ADDING THESE NEW ASSETS TO THEIR CREDIT WITH THE IMF, THEY WILL LIKELY BE ABLE TO SUSTAIN A MUCH HIGHER CURRENCY VALUE THAN PREVIOUSLY THOUGHT. IN THE CASE OF IRAQ, I BELIEVE THE TRUMP ADMINISTRATION WOULD LIKE A HIGHER CURRENCY VALUE FOR IRAQ SO THAT THE U.S. CAN ACHIEVE A BALANCED BUDGET. VALUE IS ABOUT TO CHANGE, AND YOU MY FRIENDS, WERE ABLE TO BE A PART OF HISTORY. ISN’T IT NICE TO BE ON THE RIGHT SIDE OF THE VALUE EQUATION? WE ARE ALMOST TO THE EMERALD CITY NOW AND IT’S TIME TO SEE OZ. WE WILL PULL BACK THE CURTAIN IN MARCH.
2-25-2017 Newshound Guru Revbo Seems to be going significantly better than expected so far. This guy [Thomas van Linge] has a map [see below] that he updates regularly as things change, and the ISF-controlled areas of West Mosul have been rapidly creeping north. They got the airport and the base next to it yesterday, and they are already making serious inroads in the city. From the estimates I heard a week ago, this kind of progress wasn't expected for well over a month. ...not bad, huh? Last week, everyone was predicting this operation would take six months. [see maps below]
2-24-2017 Newshound Guru Aggiedad77 Article: "Twilight News / agency Standard & Poor 's credit rating . The classification of Iraq was confirmed at "B- / B" with a stable outlook." Well we can see the negative side to this...the "B-"...or we can instead focus on what we see as a positive...that their fiscal discipline has improved and it is believed will remain stable for the next few years...or at least for a few days...until God explodes a blessing all across Iraq...oh how quickly things can change...so very quickly indeed...IMO.
2-24-2017 Newshound Guru Enorrste Article: "Parliamentary Finance: Iraq's debt rising to more than 126 trillion dinars" Quote: "The Committee suggested that the Government, if the price per barrel rose to above $ 45, to go surplus funds to the central bank to increase the cash reserve, or the repayment of foreign debt." I found the ...article...referenced just above to be interesting. It says that at $45 per barrel Iraq would be in a surplus position. According to NASDAQ the current price of oil is $54 per barrel. This means that Iraq has apparently cured their budget deficit problems, at least according to the IMF. It is also for this reason that the IMF can postulate that reserves in Iraq will rise significantly over the next 2 or 3 years to $91 billion. Having said that, I feel that the IMF in making these statements is quite confident that things are moving in the right direction for them to initiate the float this year.
2-24-2017 Newshound Guru Kaperoni Article: "Abadi Votal discuss the battle of Mosul and international support for Iraq" I don't expect the CBI to "flip" a switch the day after liberalization of Mosul. It will take some time to stabilize the area and begin the clean up, return citizens to their homes etc. So we could be waiting a few months after before the CBI decides to begin currency reform. Especially with the spread still not close to 2%.
2-24-2017 Newshound Guru Aggiedad77 Article: "After Mosul: Certainties and Uncertainties" ...the US position in Iraq post DAASH is becoming clearer by the day IMO...Keep the peace between the various political factions...build those bases and staff them to further kick some DAASH butt in nearby Syria...and don't lose sight of that GIGANTIC pool of oil...we may not own it...but we want first dibs to it...Plus have Iraq stepping out on the world stage for the first time....being the ones who get to introduce her to the world...oh buddy...good times are coming...because....the BEST is coming...I'm looking to Sunday maybe into Monday to be quite interesting.
2-24-2017 Intel Guru Bruce My understanding is that President Trump is actually doing everything in his power which is substantial as we know to move this thing through and get it done now. We heard 3 days ago now actually that the banks in Mosul were up and running. I believe the Mosul airport is up and running now. I don’t know how much work the city needs in terms of infrastructure. I believe it needs a whole lot. At least in the day to day operations from what I understand are back in place. There have been a few little announcements in main stream news here about the restoration of Mosul being taken back which is very positive. I just got a call...that approximately at 9pm EST [Thursday]...that Iraq began their monetary reform on their CBI website. So what they are doing now in trying to update and possibly put out new rates I hope essentially is the trigger for...the RV for the dinar... Looks like Iraq has begun their process of economic monetary reform through their CBI website. I am excited...I think that is a good sign. ...we are in really good shape for this to roll out...
2-24-2017 Newshound Guru Kaperoni Article: "Iraq joined the Convention on the transparency of the arbitration between investors and states" Quote: "This agreement is an important message and clear to the world that Iraq is a major hub in the Middle East for investment and reconstruction and construction," noting that "this agreement adopted by the United Nations to save the rights transparently in the event of a conflict between investors and states." Dispute resolution is critical. A good sign.
2-24-2017 Newshound Guru loop Article: "Parliamentary oil suggest the presence of 300 billion barrels of undiscovered" Quote: "...said the oil profanity by Mehdi al-Hafez, Tuesday, that there is a plan of action will begin to explore more than 300 billion barrels of oil, Iraq added to the reserve." If Hafiz is correct Iraq will have the largest reserves in the world. What we do know for sure is that they just add 10 billion to their reserves last week. Iraq is currently 5th in the world as far as oil reserves go. Much of their country has yet to be explored for oil. I would be surprised if they do not find much more.
2-24-2017 Newshound Guru Kaperoni Keep in mind, there are several things that could effect the reserves. Oil prices could skyrocket to $100 +, they could officially get out of UN Chapter 7 and get some funds that are being held released, etc. But it seems like the IMF has a plan with the CBI. We all have seen the efforts the last 12 months or so to improve the banking system. So despite these possibilities, I believe the reason is more in line with improving Iraq's economy, putting people to work, rebuilding post ISIL and opening the banking system to the world for investment...at least we can hope anyway. [post 2 of 2]
2-24-2017 Newshound Guru Kaperoni Article: "IMF confirms the stability of Iraq's reserves of hard currency" Quote: "the IMF said in his study, that Iraq reserves will arrive in 2018 to $ 62 billion , and then rise to $ 91 billion in 2020 due to improved conditions of the Iraqi economy and oil exports and its derivatives and the sufficiency of electricity imported to some provinces and gas export and promotion of tourism, industry and all economic resources bode well" I think the important thing here is that something pretty substantial must occur this year for this forecast to be true. As we all should know by now, Iraqi oil is not enough at the current prices to increase reserves because they spend more than they make. So I expect them to transition to a market economy this year in order to improve the reserves by $50 billion over the next two years or so. [post 1 of 2....stay tuned]
2-24-2017 Intel Guru Frank26 The IMF doesn’t want them to float...but IMO...I think they are going to float. There is a compression of a lot of DEAL going on as the fat lady gets out of the way to show the liberation of Mosul. Once you have Mosul...you’ll see the reason for the negotiations...which you wouldn’t see happening with a program rate. The DEALS are across the board...creating fairness in trade and currencies. This is VERY historical. I like how Abadi told everyone at the meeting in Germany...“we’re open for business...come on in!” Germany did tell Abadi...“ok”...and they did...quickly. Abadi received today a German delegation...Merkel says they are there to help with the economic reforms. Didn’t take them long to show up. No country is in this for an 1186 program rate!
2-23-2017 Newshound Guru Aggiedad77 Article: "Ayman total liberation of Mosul operations within 72 hours" We seem to be under a time clock don't we Family...72 hour count down and ticking...and we could be "ABOUT" done with Mosul to hopefully meet President Trump's satisfaction...may we see strong evidence of Monetary Reform shortly...that leans on a "sexy" rate...the BEST is coming...tick tock goes the countdown clock...Mosul...Mosul come on over. ...so when did this clock start to tick...on the 21st some time...pray for a wild weekend...one of great celebration that Mosul is finally back in the hands of the good guys...
2-23-2017 Newshound Guru Adam Montana [Do other countries have HCLs? ...is there anything to compare this process to...?] An HCL by any other name is still an "Oil Law". However... Iraq is the only country to my knowledge that has THIS much riding on the passage of such a law.
2-23-2017 Newshound Guru Kaperoni Article: "Abadi condemning al-Maliki in the fall of Mosul" He wanted to be Prime Minister, time he take responsibility for his actions or lack there of.
2-23-2017 Intel Guru Frank26 Dr. Shabibi…anything to say? Dr. Shabibi came out…and said that Maliki stopped everything. Abadi asked…“Why did Maliki give up Mosul?” Why did he remove 3 units of protection? Why Maliki? Obviously he was in coo hoots with ISIS. They are now calling for high-treason… in Iraq and INTERNATIONAL COURTS! TIME IS UP! TIME TO PAY MALIKI FOR YOUR CRIMES! ...we told you there would be another speech from Dr. Shabibi…JUST BEFORE they were ready. TA-DA-FREAKIN’-DA!! The MR will…IMO…will blossom after Mosul is announced. Once Mosul is liberated…they will liberate the IQD from the program rate. [post 2 of 2]
2-23-2017 Intel Guru Frank26 The reason why we don’t see the exchange rate of the IQD released yet...because there are a LOT of DEALS being made... IMO…(about 2 weeks ago)…we have enough of Mosul to have the RV of the currency of Iraq now...that was MY OPINION…but apparently that is not President Trump’s opinion. He wants to extinguish ISIS...That’s why many DEALS…IMO…are being born…combination of removing ISIS…“give me Mosul” and you’ll see the MR. We’ve got like 30 articles now... evidence of what they are going to do. It’s not that we want fully security by removing all of ISIS...while that is happening, Trump is making a lot of DEALS with Abadi. IMO…Iraq is being used as LEVERAGE to do a lot of DEALS around the world. Has Abadi seen Trump yet? No…not until Abadi is done with this and that…but Trump has Abadi’s back! [post 1 of 2....stay tuned]
2-23-2017 Newshound Guru loop His opinion is that .83333 cents to the dollar would be more managable. [So the exchange rate would be 1/.83 = $1.20. 1 divided by .83...In USD] This is where they feel they can defend (support) the rate based on their current economic capacity. This will increase over time has they economy grows. Remember that this is one persons opinion. What is so very encouraging is that this really shows that the expectation is a marked increase in value, which is very positive for this investment. Mr White [Guru wmawhite] made an excellent point...about them not having much to export, other than oil that is. The price of oil is fixed in the world markets and is traded in petro dollars so oil would not be effected by the increased dinar value. For the rest the GOI can always do what we do in the USA. What I am referring to is subsidizing the exports to bring the price down. This ensures that industries flourish while keeping the costs of exports low. [post 2 of 2]
2-23-2017 Newshound Guru loop Article quotes: "Since more than four years and officials in Iraq are talking about a project monetary reform in which to raise the Iraqi currency exchange rate against the dollar so that the new dinar equals 1.2 dinars to the dollar instead of 1200." "But the move was postponed to a later date due to the exit of some Iraqi areas under government control after the occupation of «Daesh» her. Then the military operations began to recover these areas which still exist. The government is expected to return to the project itself after the end of military operations." "The price of the Iraqi dinar former (US $ 3.2) was exaggerated and will continue to be overrated if has to return to it in the future. It will make imports cheaper, but it hinders improvement of production and export capacity of Iraq, may be the price of 1.2 dinars to the dollar or dinar against the dollar is a good price." So this economist is saying that while 3.2 dollars per dinar (Old rate) would make imports much cheaper it would cause exports to be expensive. [post 1 of 2....stay tuned]
2-23-2017 Newshound Guru Adam Montana [...can Iraq go on as long as it wants with out RVing...?] They could go "forever" without revaluing their currency, sure. But I don't think they will. We are indeed heading to that elusive finish line...
2-23-2017 Intel Guru RayRen98 [Do you really think we’ll exchange this month?] Today’s February 22nd, and this month ends next Tuesday. Yes, I do believe we will exchange this month, based on what I have shared with you and things I have not shared with you, no reason to think otherwise. I still look to $3.71 to be the international rate or thereabouts. We are in the waiting stage. Everything looks good...This could pop at any time, and all the technical information that has come to us is saying ‘green light – go’ as soon as this is released. [post 2 of 2]
2-23-2017 Intel Guru RayRen98 All is quiet, maybe a little too quiet...We had people in Iraq sending intel that the dollar was banned; we expected that, and good to hear it confirmed. Articles came out about that as well. Most of us know what that means, as one of the conditions favorable for Iraq to be sovereign, with a currency that is competitive to its neighbors. There are also rumors about Maliki being brought to justice, and reports of Rafidain Bank is now preparing its customers to accept deposits in dinar only, no longer in dollars – nationwide. At least, that is the game plan, to ban the US dollar across all provinces. [post 1 of 2....stay tuned]
2-22-2017 Intel Guru Dr. Clarke In the past few days, you've seen the "Storm" picking up speed. Surprise visit to Iraq by Gen. Mattis, tons of extra troops into Iraq/Mosul on Sunday. VP Pence met with Abadi, Merkel of Germany sending envoy to "assist with Iraq's Monetary Reform" (what??) Monetary Reform? ...and this week, you've heard all kinds of news regarding the Dinar Rates & the Dollar Rates...Changing. Keep your fingers crossed...it's only Feb. 22nd, 2 days into the "Storm"...so far, so good.
2-22-2017 Intel Guru ADMINBILL BEHIND THE SCENES ACTION IS STARTING. STILL ANTICIPATING THIS WEEK. NEWS I CANNOT USE IS VERY POSITIVE. THE PICTURE REMAINS BRIGHT.
2-22-2017 Newshound Guru Adam Montana The question, then, is “When will the Dinar Currency of Iraq Revalue?” This investment is not a scam, but you must be prepared to wait for things to happen. It may revalue, or “reinstate”, to a previous level, which would make many of us rich overnight… or it might grow slowly, over time, giving a nice return on an investment that many of us were smart enough to make. One thing I do know, for a fact… the Iraqi Dinar will not stay at it's current "value" forever. [post 3 of 3]
2-22-2017 Newshound Guru Adam Montana Here are a couple of very real facts: Iraq has a majority of the world’s natural reserves and crude oil, putting it on the same level as Saudi Arabia and Kuwait. If you know anything at all about Saudi Arabia and Kuwait, you should know that their currency is very valuable and their natural resources are the reason. So, why isn’t Iraq as rich as Saudi Arabia and Kuwait? That answer is simple – they only recently established a stable government, elections are now being held successfully, and the march towards financial recovery is progressing steadily. Crime and terrorism is lower and lower all the time! And just as importantly – the Iraqi people are unjustly impoverished as a result of the recent chaos, and they cannot remain in that situation for much longer – not when they control a major amount of the world’s “black gold”. [post 2 of 3....stay tuned]
2-22-2017 Newshound Guru Adam Montana This is the question I've been seeing a lot lately: "Is it a scam"? In a word - NO. The Iraqi Dinar is an item that has a past, present, and future value. We can put a dollar amount on that value for the past and the present, so the only real question is what the future value will be. If the value raises, you can profit. It's THAT simple. Keep this in mind when you read anything on the dinar - a savvy speculator must always be able to separate fact, opinion, and distractions. Here are some facts that will help you with this question of whether or not the "Iraqi Dinar" is a scam. The Iraqi Dinar Currency that is used today in Iraq is arguably one of the most sophisticated currencies in the world. The technology that makes it almost impossible to effectively produce usable counterfeit dinar currency is amazing. ...what about the "investment" itself? Is investing in the dinar currency a scam? The simplest concept you need to understand when talking about the Dinar Currency is that nobody is going to be able to tell you exactly when it will revalue. But does that mean the Iraqi Dinar Currency hype is a scam? Absolutely not! [post 1 of 3....stay tuned]
2-22-2017 Newshound Guru Aggiedad77 Article: "German loan gate to move the labor market" Quote: "...approaching global economic blocs in Iraq stems from its importance on the world stage and this important global effort perceived by the evolving under international indicators that put Iraq in the lead among the ten richest countries in the world." ...how can Iraq be placed center stage...on TOP of the world as the richest of the richest 10 countries in the world...how would that be possible...not just in the TOP 10...but at the top of the heap...you know what they have to do...Abadi has been told what he has to do...make it happen #1...the BEST is coming...big time BEST...can 3.22 make that happen?
2-22-2017 Newshound Guru Kaperoni Article: "Funding Facility for Economic Reform established to invigorate IraqÂ?s reform initiatives" Quote: "...UNDP will support the Government of Iraq to address key economic challenges and invigorate the reform agenda. Diversifying the economy, increasing national income, and improving the management of national assets will be of specific focus." Very good article. It appears the UN is helping Iraq push these needed reforms forward.
2-22-2017 Intel Guru Bruce I believe the Forex will not show a rate change of these currencies until the 28th of February or the 1st of March. ...we do understand Iraq has moved along very nicely. We understand they have the new smart cards, Qi cards. Their cards have been charged with their new rates. ...we are looking forward for good news with Iraq about the liberation of Mosul. We might have that in the form of an announcement here. We know that the banks in Iraq are open...even in Mosul the banks are open since 10am yesterday Iraqi time. The timing of this is very close in terms of what I am hearing. What we need is some good news come out of Iraq.
2-22-2017 Intel/Newshound Guru Backdoc Article: "... Treasury Spokesperson of Secretary Mnuchin’s Call with International Monetary Fund Managing Director Christine Lagarde" Quote: "Secretary Mnuchin also underscored his expectation that the IMF provide frank and candid analysis of the exchange rate policies of IMF member countries." I THINK IT'S VERY INTERESTING TO SEE "MUNCHKIN MAN" (AS I AFFECTIONATELY CALL HIM WITH ALL DUE RESPECT OF COURSE) MEET TODAY (Tuesday) WITH CHRISTINE LEGARDE FROM THE IMF. THIS SEQUESTERED GENIUS WILL SOON BE ADORED FOR HIS CREATIVE WORK. "ACTIONS MEAN THINGS."
2-22-2017 Newshound Guru Enorrste Instead, KAP [Guru Kaperoni] discovered years ago and we have elaborated on many times, a floating currency is the only thing that will work in the real world. But more importantly, this guy is convinced that a value of somewhere around $1.20 per dinar is economically feasible and desirable. Furthermore, he implies that this has been in the government's plan book for over 4 years, as KAP has already explained for the last 4 years! In other words, he is confirming...the correct view of the situation while at the same time specifically denying that an RV would work. Finally, as KAP noted, we see that, at least from this writer's point of view, the only thing now holding up the implementation of the float is the ISIS situation. It is anyone's guess what will be necessary to convince the government to move forward, but it is possible that recovery of Mosul might be sufficient. Only time will tell. [post 2 of 2]
2-22-2017 Newshound Guru Enorrste Article: "Raise the price of the Iraqi dinar to the fore again" Quotes: "Some Iraqi economist calls for the government to lift the Iraqi dinar exchange rate against the dollar until the rising purchasing power and increasing confidence it represents the sovereignty of Iraq..." "...Since more than four years and officials in Iraq are talking about a project monetary reform in which to raise the Iraqi currency exchange rate against the dollar so that the new dinar equals 1.2 dinars..." "The government is expected to return to the project itself after the end of military operations." This is one of the most positive articles I have read in a long time. The author clearly states that it is not possible to "RV" in the traditional sense and explains why. [post 1 of 2....stay tuned]
2-22-2017 Newshound Guru firefly Article: "Include the introduction of modern irrigation systems" Quote: "The Ministry of Agriculture to prepare new plans aimed at developing the sector, by increasing production through farmer support modern systems of irrigation legalized." Remember, one of the IMF requirements was to have Iraq diversify their reserves other than just oil. Agriculture is as great an ASSET as is oil and gold. Iraq is following the IMF requirements to the TEE.
2-22-2017 Newshound Guru Kaperoni ...measures need to be in place for the success of the transition from a fixed rate to a float. Just exactly to what extent is yet to be seen. That being said, I believe once the dinar is internationally convertible worldwide and the CBI is in Article VIII, demand will increase for the dinar. Just the exposure alone to the world financial system should be enough to create some upward movement in the value.
2-21-2017 Intel Guru RayRen98 On Iraqi TV, via satellite in US, it is reporting in the coming days a mechanism will be activated that will eliminate the US dollar and raise the value of the dinar. Reportedly, PM Abadi on Iraqi TV implying that Maliki may be brought before the courts on a charge of high treason. Also, indicators are now saying Rafidain Bank is preparing customers to do their deposits in dinars, NOT US dollars.
2-21-2017 Newshound Guru Aggiedad77 Article: "The Washington Institute for Trump: Iraq a better partner for the United States" How many different ways can you spell DEALS...the US is saying that Iraq is a better partner...really... Remember Iraq was given the cold shoulder by many...but now has become a key player and hot potato IMO...it goes on to say that Iraq will become rich...wealthy...and US companies will help level the playing field for them...Time is Up......the BEST is coming.
2-21-2017 Newshound Guru Kaperoni Article: "Raise the price of the Iraqi dinar to the fore again" Seems pretty clear that the author/economists want to raise the value gradually like we have stated over and over. The good news is they say they expect it to start once ISIL is gone. Quote: "The government is expected to return to the project itself after the end of military operations."
2-21-2017 Intel Guru RayRen98 Citizens in Iraq are informing that there is a ban on using the US dollar...supposedly in all provinces! Is this the final phase to economic reform and a public release of a revalued currency? Time Will Tell.
2-21-2017 Newshound Guru tlar [Do you have a guess on a rate? I communicate with another guy who believes there is too much dinar out there for much of an increase. Would you agree with that?] Its only a best guess as to how many dinars are circulating or how much of what they state is actually USD with the equivalency stated in dinars at any one time, because they will never divulge that to the public or even their own citizens. ...remember it is not dinar released from the CBI that they have to cover, but rather dinar circulating in Iraq in day to day commerce. The CBI may have released in the upper 30 trillion range but the dinar circulating is much less than that figure. The newspapers and media has always referred to all the dinars released as circulating in Iraq...The dinar you and I hold and the dinar not in Iraq that is other countries and central banks, is not considered circulating in Iraq.
2-21-2017 Newshound/Intel Guru BGG "Headline: Securities recorded an increase of 308% in the number of shares traded last week" (that would be for the ISX)...and 130.7% the week before...it would appear the "chunky money" and investors are feeling more and more secure in their own market place BY THE DAY! [That's a week over week volume increase.] They know what's coming. I just hope they leave a little meat on the bone for us. It just shows the mood of the private investor - which is good for us...They aren't complaining about the "worthlessness of their currency" - they are slingin' that stuff around like a fat kid chasing ice cream cones!
2-21-2017 Newshound Guru Aggiedad77 Article: "Iraq discuss with the launch of the International Monetary Fund for a new batch of loan" Iraq must have been doing some wonderful things to see a new batch of loans being considered dontcha think.
2-21-2017 Intel Guru Frank26 Mosul = stability / security for ALL of the Middle East AND Europe! DEALS outside of Iraq with the UK...with China...they are willing to play fair with their currencies. DEALS with Vietnam....Wait...didn’t Obama put sanctions on Vietnam? Yes...Vietnam sanctions...are only on their currency. They got caught just like China for manipulating their rate... But those sanctions ...in about 2 weeks are going to be lifted! Their revaluations...will not be like Iraq...IMO...smaller increments...in about 6 phases. DEALS are being made...while the value of the IQD is low…with countries who are waiting for the IQD to come out. DEALS...whatever you want to call them...was slipped into the formula for the release date of the RV of the IQD. Something is up...because TIME IS UP. All we are doing is waiting for the rate to go up. [post 3 of 3]
2-21-2017 Intel Guru Frank26 Trump says to Abadi...“go to Germany...talk to those in the long-line...tell them to invest in your country...Tell you citizens that the “full assault” on Mosul will begin this Sunday.” Seven...American bases in Iraq...we (USA) are not going anywhere! This is the beginning to the end of ALL OF MOSUL...and IMO...in ABOUT 2 weeks...it could be less...! Mosul is being completed at a much faster pace! This is the FULL-ON ASSAULT for the MR [Monetary Reform]. Is it Iraq’s choice to wait for Mosul for the RV? No…It’s not Iraq’s choice. We (USA) are not the only players in Iraq. IMF, UN, BIS, WB, etc. Iraq has its feet being held to the fire by those involved in the MR. [post 2 of 3....stay tuned]
2-21-2017 Intel Guru Frank26 On the early dawn on Sunday, something dramatic happened for our investment. DEALS are going on...happening so fast...Out of nowhere...all of these countries want to MAKE DEALS. Security and stability is really the key all over the world right now...and it all starts in IRAQ. If people want to make DEALS...to include China and North Korea...so that things are FAIR...that is astonishing. DEALS are being made for everyone that’s in the LONG-LINE...those that want to play on an even playing field...equal and fair trade. TIME IS UP! And that’s why we have DEALS that are being made. DEALS will fatten Iraq’s reserves...fuel their future. IMO ...over the weekend...these DEALS were triggered off...all from a phone call. The call...Trump to Abadi. A NEW DEAL was born. And that’s probably why we haven’t see the MR yet. Trump is a master negotiator...and as a holder of IQD...you should be thrilled about that! [post 1 of 3....stay tuned]
2-21-2017 Newshound Guru firefly I don't have a date nor a rate but one thing is for certain, we are standing on the edge of the precipice. And... IT WILL NOT Be A FREE FLOAT LIKE SOME FOLKS SUGGEST. Those that suggest a free float are not very versed on the laws set up by the IMF and the WB a few years ago.
2-21-2017 Newshound Guru loop Article quote: "the signing of the agreement represents an important signal to the international arena that Iraq is committed to all the rules of transparency in international arbitration in case of dispute between the investors and the states," and expressed hope that "Iraq is essential to attracting capital and center." Huge step forward to open the doors to the wall of Investors. IT's right out of article 22 of the Investment Law. Article 22: The foreign investor shall enjoy additional privileges in accordance with international agreements signed between Iraq and his country or multilateral international agreements which Iraq has joined.
2-21-2017 Newshound Guru Aggiedad77 Article: "Keywords: cash reserve is reassuring for the next five years" Quote: " ...it has received praise from specialized international organizations, and the reserve is calculated by the Central and the international Monetary Fund does not accurately raises concern for the next five years." Why would Iraq's Central Bank Reserves be considered by not only themselves but the IMF for the next five years...may I say "deal"... because of what has been agreed upon that perhaps we do not yet see...But what you do see is perhaps not all of the picture...remember boatloads of money coming into Iraq a short while ago...many things doubled...oh but that was a tip of the iceberg...IMO the IMF and others can see the full iceberg and no it is not global warming that is shrinking anything...it is global agreements that in fact are growing the iceberg...and that growth will soon stimulate an explosion that will catch our world as we know it in a shocking but oh so positive surprise...Wait for it...for IMO...the BEST is coming...
2-20-2017 Intel Guru RayRen98 Iraqi TV is reportedly referencing economic reform with officials discussing raising the dinar to 1.20 to the US dollar. Time Will Tell!
2-20-2017 Newshound Guru loop Article: "Keywords: private banks, their performance distinctive and are satisfied with it" Alak came out today punching the media for misreporting. ...he is saying...out of 60 private banks only 2 or 3 are not where they should be and they are currently work with them to correct this. ...ealier in the week a MP on the finance committee came out with the figure that the CBI reserves are 40 billion dollars and Alak came out today saying that the reserves are 49 billion dollars and that they are well within international accepted standards. In addition they...the reserves cover the local currencies by a "large margin". It's important to note that most countries in the world only have enough reserves to cover their currency by 10%. Iraq can currently cover their currency by over a 100%.
2-20-2017 Newshound Guru Aggiedad77 Article: "Proceeded Rasheed Bank, on Monday, activating the e-government citizen complaints for the service of citizens." Iraqi citizens the digital world is coming to a bank near you...get on board and get ready for a wild and wonderful ride...To make this work Iraq has to continue to improve the electricity issues around their country...but rest assured this e-"thing" is here to stay...welcome to our world... welcome to the big leagues...deals...are done...contracts are done...money is ready honey...just push GO and start collecting...For this done deal to materialize before our eyes...the BEST is coming and it's all about Iraq...and the World...in the still of their night...let us smile.
2-20-2017 Intel Guru ADMINBILL LOOKING LIKE GREEN IS A VERY REAL POSSIBILITY LATER THIS WEEK. I EXPECT A MAJOR ACTION TUESDAY OR THURSDAY...WHEN IT OCCURS, WE ARE THERE. I AM LOOKING FOR EXCITING THINGS TO HAPPEN IN MOSUL, AND WITH REGARD TO OUR OWN CURRENCY THIS WEEK. LET'S SEE IF THOSE CAN BRING US HOME.
2-20-2017 Newshound Guru mike [...if the market rate drops is that a good thing?] The market rate, or street, dropping is a good thing. As of today the street rate is 1270-$1. The official rate is 1182-$1, so there's a spread between the two is 88 dinars, or roughly 7.5%. That's not good enough for the IMF, they want the MCP, or spread, to be 2% or less and hold it for at least 90 days before Iraq can move to Article VIII compliance. In a nutshell, the market rate dropping is a good thing. [You can see the Official CBI Dinar rate and the CBI reported Market Rate in the Dinar Guru Resource bar on the left side of this page]
2-20-2017 Newshound Guru Breitling What’s the deal with the math with Iraq? Take a look at this…look at their economy now. How much oil are they producing compared to how many people they have and the market prices. Now go look before the first gulf war. They are producing more. There are more people in the world buying oil so the whole thing is bigger. But their currency is at a tenth of a penny? You think that’s the market rate? Are you blind? This is for the people who are not in this investment…how blind are you? Obviously the currency is artificially held down…Go by the math. All the math is there. All the proof is there. You don’t need to have doubts. The question is, when is this going to happen? Everything I talk about is based on principle..it’s the numbers…It’s everything. Fortunately, I didn’t come up with those numbers. Guess who came up with those numbers? The Ministry of Finance. The Ministry of Planning. The parliament. the CBI. That’s what you need to worry about.
2-20-2017 Newshound/Intel Guru BGG "the signing of the agreement represents an important signal to the international arena that Iraq is committed to all the rules of transparency in international arbitration in case of dispute between the investors and the states," and expressed hope that "Iraq is essential to attracting capital and center." ...the agreement represents an important signal to the international arena... BOOM!! they are providing assurances, protections and a way in and out for international investors. these are CRITICAL items to the freedom of movement of capital in and out of Iraq. [The agreement was signed at the United nations.] yes, which BTW...was more than a little shocking to me. It appears the UN is much more involved I imagined.
2-20-2017 Newshound Guru wmawhite Article quote: "the signing of the agreement represents an important signal to the international arena that Iraq is committed to all the rules of transparency in international arbitration in case of dispute between the investors and the states," and expressed hope that "Iraq is essential to attracting capital and center." This shows that the GOI has been signing agreements/conventions that we never knew about. The GOI has been doing this because they do not require the Parliament consent to do so. HUGE...well as important bilateral and international conventions signed by Iraq and the number of States”... And where was this announcement made? the United Nations...The agreement was signed at the United nations.
2-20-2017 Newshound Guru Aggiedad77 Article: "The Central Bank of Iraq, Sunday, for his ability to cover Iraq's international obligations as well as foreign trade financing, as he emphasized that the country's reserves of foreign currency within the "international standards." ...so how are they able to do this with a program rate...inquiring minds want to know. Big things are coming this week...listen to President Trump...watch what goes on...my glass is running over...and has been since Friday afternoon...cautiously optimistic...And....yes "Time is UP".
2-20-2017 Newshound/Intel Guru BGG ...much of the expectation we've all had - was directly inspired by Abadi and Alak. They are the ones telling us when they were going to "start the project"... whatever "delay" Alak commented on - seems to drawing to a close...the delay - appears to be the handling of Mosul. They expected this done sooner - it wasn't... looks like now it is. That's the key - AND, I fully expect some very good news coming out of Mosul this coming week.
2-19-2017 Newshound Guru Aggiedad77 IMO...there will be good come of this trip in many ways...watch for it...and with President Trump's rousing speech yesterday, it could likely be this week. IMO...if today's window slides by...I can see a window either being stretched...or a new one being opened until the end of this month...or to day...because events are happening so quickly...You aren't seeing all of what is happening IMO...what the media reports is only the tip of the iceberg with these meetings again IMO. [post 2 of 2]
2-19-2017 Newshound Guru Aggiedad77 Article: "Iraqi presence was influential and present through other meetings Observers believe that the Abadi succeeded in marketing the Iraqi issue globally and gain the trust and sympathy of .the participants in the conference leaders." It is my deep opinion that Abadi is meeting with more world leaders on this trip than just about any trip he's made in the last year...something is up...Something is astir with all these meetings...and the kingpin of them all his meeting with VP Pence...IMO he might as well been having a face to face with President Trump...that message being delivered by VP Pence was as good as it coming from Trump himself. [post 1 of 2....stay tuned]
2-19-2017 Newshound/Intel Guru BGG [...is HCL land boundries and alotment for oil?] HCL is (generally) referrred to as "The Hydro-Carbon Law" - AKA H.C.L. there are several variants. for a true HCL - it is possible they need to solve Article 140 - which will require a truely accurate census... (none of which will happen soon)...now - here's the good news...They have managed to "side-step" this whole issue by regularly "codifying" something of an HCL agreement in each and every annual budget...since 2015? HCL isn't so much land boundaries as it is - WHO GETS WHAT... in simplest terms...how much each bunch gets. But...they have handled it - in more of a technical "end around"... [...always heard no hcl no reval.] let me help you - that's bull ****.
2-19-2017 Newshound Guru Aggiedad77 the Iraqis are doing their part well with this last push of Mosul...all is good...the BEST is coming... the feeling I'm getting over the battle action in Mosul...plus the kinds of meetings that Abadi is having in Munich...plus the sheer numbers of meetings he's having...add that on top of Trumps HUGE speech yesterday...this plan IMO is coming together...It's been planned for the right moment...and I'm thinking it's definitely not months away, nor even weeks away...but we all know it's the ME...and they drag their feet in the sand...but Trump is a strong businessman who expects that anyone he works with to be prompt, professional, and to get things done...No more lollygagging like we've seen in the past...he knows what is needed and the results it will bring...it all is pointing in a positive way...it is a time to be searching for the nuggets that are thrown out...it may not be heavily announced...in the still of their night...watch for it.
2-19-2017 Intel Guru Frank26 Yesterday Mosul went from Medium Done to...Well Done...IMO.
2-19-2017 Newshound/Intel Guru BGG Article: "Iraq joins the transparency in the arbitration agreement between investors and states" Oh wow - they are REALLY BEATING THIS DRUM right now... Once international investment has both and way in and a way out - you can have "freedom of movement of capital" - AKA TRUE EXCHANGE...then the IQD will be able to move freely as well. They may not be "there" just yet, but they aren't far off. [You mean freedom as in some form of FREE MARKET ECONOMY!] in every sense of the word.
2-19-2017 Newshound Guru loop Investors will not come to Iraq in any meaningful way until they are sure that they can get their initial investments and profits out of Iraq whenever they choose to do so. Investors coming into Iraq is a major part to ensuring that Iraq realizes it’s vision of being one of the riches countries in the world... Now for the million dollar question. Is the investment law needed prior to an increase the purchasing power of the dinar? IMO...NOT HAVING THE INVESTMENT LAW PASSED WILL NOT STOP THEM FROM AN RV...HOWEVER IT DOES HAVE TO HAPPEN SHORTLY THERE AFTER IF THEY WANT THE WALL OF INVESTMENT CAPITAL TO COME IN A SUPPORT THE MOVE OTHERWISE THEIR ECONOMY MOST LIKELY WOULD FALTER...HUGE PIECE OF NEWS! [post 2 of 2]
2-19-2017 Newshound Guru loop Article: "Iraq joined the Convention on the transparency between investors and states" Quote: "National Investment Commission announced on Wednesday it had signed an agreement on transparency in the arbitration treaty-based investor-State in 2014 at the United Nations headquarters in New York." What is very encouraging about...this article, is that it indicates that some of these international and bilateral agreements have already been signed. Which is right in line with Article 22 of the Investment Law...this is a very big tell. Why on earth would they even bother with these agreements unless they had every intention of needing them in the near future? [post 1 of 2....stay tuned]
2-18-2017 Newshound/Intel Guru BGG Article: "Iraq joins the Convention on transparency between investors and the States" (the vitally important paragraph...) …”Iraq has issued a number of legislation that works to protect the investor and capital to do business in the country, at the forefront of investment law number 13 year 2006 and amendments which carries a lot of features and protection for investors, as well as important bilateral and international conventions signed by Iraq and the number of States”… I don't think I can stress enough - how important this is...and it may not IMMEDIATELY = what your timeline "wants" are - but it is BIG NEWS. Likely, THE TURNING POINT... Read that last paragraph again… (and again) – This may be THE NUMBER ONE piece of Dinar News “pre-RV”. I have been looking for a couple of important pieces to fall into place, this is one of the top 2 or 3...HANG ON!
2-18-2017 Newshound Guru Aggiedad77 ...Prime Minister Haider Abadi, the Iraqi in Munich Security Conference...What message was VP Pence delivering to Abadi, likely IMO coming straight from President Trump...those are the true nuggets of this trip...will Abadi head back to Baghdad tonight on his own personal red-eye flight...has he been given the green light from the leader of the free world...to step Iraq into a new realm...That is what I watch for...it is coming...IMO.
2-18-2017 Intel Guru RayRen98 Up to 45 banks now (handling the dinar). Banks are openly accepting the Iraqi Dinar. As far as I’m concerned that makes it International. Even if not International, all we want is for banks over here to accept it. Other currencies started fluctuating this last week and we put that out there. I knew from past experience these are short windows. We are looking good, and feeling good. ...we wait for the ultimate trip to the bank...I believe we are very close. We are looking for things to unfold any time. We are close enough to know this rodeo is coming to an end, we just don’t know when.
2-18-2017 Intel Guru Dr. Clarke ALL of these time frames, can Change right now, at the drop of a hat, because of the serious turmoil, chaos and unpredictability being demonstrated in the world today, in what we describe as “The Perfect Storm”, now happening toward, and reaching a High Spot, the last week of February. However, we STILL see, these time frames playing out, with the highest of probabilities. There are cycles in place, that are powerfully being completed, and we see them happening, RIGHT NOW. If “The Perfect Storm” gets too severe, especially from Feb. 21 - 26th...it could delay things into MID APRIL…..but we really don’t think, it will...we still think, positive currency movements will take place. In any event, it will be very interesting to see where the Rates are, MID-APRIL, 2017, regardless. [post 3 of 3]
2-18-2017 Intel Guru Dr. Clarke VIETNAM: Very close, if not at the Same Time Frame (Feb. 26 - Mar. 6, 2017), it is our opinion, based on ALL our indicators, that Vietnam will Officially Print a NEW, significantly increased Dong Rate, which will be applicable country-wide...Then, an “OPTIMUM Exchange Window”, that will extend into the Late - JUNE time period (FEB. 26 - Late JUNE), of which, you’ll have many choices (Notice this is Longer than the Dinar Optimum Exchange Window. OPTIMUM being the key word). This is ALL purely our SPECULATION, based on current circumstances. We’re NOT going to speculate about “Rates”, at this time. [post 2 of 3....stay tuned]
2-18-2017 Intel Guru Dr.Clarke ...2 weeks ago...we said that “The Perfect Storm” was coming by the very end of February? ...In our View, this is what is about to take place, from February 21-28, 2017, and is already shaping up right NOW. IRAQ: In our view, and by ALL our indicators, we think Iraq will Officially Print a NEW, significantly increased Dinar Rate, which will be applicable country-wide, between FEBRUARY 26 - MARCH 6, 2017...then, a “6 Week OPTIMUM Exchange Window”, through to around April 16th will ensue, of which, you’ll have many choices. “OPTIMUM, being the key word”. (Use your discernment). The Middle East “REGION” will see more than ONE country’s currency significantly increase, simultaneously. This is an Important Trigger: We also see Iraq making a very important announcement publicly & officially, about ALL of Mosul being ISIS free of control, and Iraq’s improved Safety & Security (with details), on or before February 28, and thus in tandem with the new, official rate. [post 1 of 3....stay tuned]
2-18-2017 Intel/Newshound Guru Backdoc AS SOON AS "MUNCHKIN MAN" (Mr. Mnuchin) WAS SWORN IN HE HAS BEEN PROTECTED FROM THE MEDIA. WHY? BECAUSE WHAT HE IS WORKING ON AFFECTS THE DOLLARS' VALUE AND THE NEW TAX PLAN THAT IS SOON TO BE ANNOUNCED. WE WILL NEED TO SEE THIS ROLLOUT VERY SOON SINCE IT’S LINKED TO THE NEW BUDGET AND TAXES! REMEMBER, LAST WEEK THE U.S. TREASURY CONNECTED THE NEW DIGITAL DOLLAR TO THE DIGITAL DINAR AND YESTERDAY WE SEE THE NEW DIGITAL SWIFT PLATFORM ADMITTING THEY ALREADY CONNECTED TO 60 COUNTRIES! WOW! THIS PROCESS IS NOW IRREVERSIBLE AND IT’S TIME FOR OUR QUARTERBACK TO TAKE THE FIELD BECAUSE IT’S JUST ABOUT GAME TIME!
2-17-2017 Intel Guru Frank26 MOSUL...IMO...is done enough! ...it is done enough to put security and stability into the monetary reform. It is SO DONE … ACCOMPLISHED...that they said...they will put a BANK on the LEFT SIDE...in MOSUL. The MR is right in front of us. They are very, very close to raising the value. IMO...Iraq is international! It’s too obvious...but at a program rate...this is like the Goodyear blimp without helium.
2-17-2017 Newshound Guru Breitling ...Do you think President Barak Obama, President George Bush Jr., President Bill Clinton and President Trump and can get together and deem these note this value and then all of a sudden they are worth a buck? If you think they can do that and have the power to do that then you’ll buy anything. That’s not how it works. They still have to reduce the note count no matter what. No country in the last 100 years has gone outside those principles. This is very easy to follow. [Post 2 of 2]
2-17-2017 Intel Guru Bruce The reason was...the CIPS system. That has superseded the swift system. It was put together to allow wire transfer to occur in as little as 18 sec to 53 sec around the world...attempts...made to integrate the swift system into the CIPS system and make those two systems work parallel with each other in such a way the Swift system can operate at the same speed of the CIPS system...We have that system interrogated approximately 1:30pm EST [Thursday]. What does that mean? The timing was that system was to switch on in its activation at same time the intake for the Dong at the trial exchanges stopped. It wasn’t coincidence. Now we have the ability to do wire transfers all over the world and domestic transfer in the United States at lightning speed without delay, open transparent. The point I am telling you about this is that is to show you how close we are. [post 2 of 2]
2-17-2017 Newshound Guru Breitling One of the emails I get again and again is…”Did George Bush Jr. state that the Iraqi War was going to be paid for and that he brought over a bunch of dinar from Iraq?” There are two answers to this. No he did not. And it’s not provable. But it has nothing to do with our investment. Absolutely nothing at all. So we want to be as sure as we can about out investment…what do you do? You go back to parliament. What did parliament say to the IMF that they wanted to do? What did they say to the Minister of Finance on what they wanted to do? What did the Ministry of Finance say to the Ministry of Planning? What did the Ministry of Planning say the the Central Bank of Iraq? And then what’s going on with the currency? It’s that easy. There is nothing else to ask. [Post 1 of 2]
2-17-2017 Intel Guru Bruce We are in good a position that a lot happened to get us to Tuesday and a lot happened to get to us where we are now. A lot has happened the last 24 to 48 hours. What we heard is what we are going to call early exchanges on Vietnamese Dong. A few weeks ago same type thing going on with the dinar. My understanding this is it. The Dinar was done. The Dong was exchangeable at lower rates which I know were 39 cents to 56 cents per Dong. These exchanges went on for 23 hours and 35 minutes. Then they stopped abruptly. ...the opportunity was a short window today for a reason. [post 1 of 2....stay tuned]
2-17-2017 Newshound Guru firefly Article: "MONDAY, JANUARY 9, 2017 CBI adopts IBAN system" So as we can see, the banks in Iraq ARE prepared. [yep just when are they gonna do it?] We're just going to WAKE UP TO IT. Nobody knows the implementation date but I believe we are closer than we have ever been! [hoping right after Mosul.] I don't believe Mosul is an issue any longer...Mosul will NEVER be 100% secure. But...is it secure enough at this juncture to move ahead with the reforms? My opinion is YES. [It would be real fascinating if the CBI would show a International rate.] They will but it may show on the Arabic side 1st IMO.
2-17-2017 Intel Guru Delta [The TRUE RATE should show up on the CBI website any day! That website...has been empty...the remittance of their auctions and the rate.] Yes...it’s been empty. The remittances are a wire-transfer. They used to have a manual form. In the past if I wanted to send you 1 million dollars...I would have to fill out this form...give it to the CBI...with 24 hour notice...etc. Now...because of IBAN...for the last 6-7 days...the CBI doesn’t have to do things manually anymore. All electronic. We’re just waiting for the NEW RATE. Saddam manipulated the numbers. ...Dr. Shabibi...he said they that wanted to get around $2.80. The rate...if you go back to the 70’s and 80’s it was $2.80. $2.80 was planned by Shabibi and the CBI a long time ago.
2-16-2017 *** Dinar Guru Community News *** I'm saddened to report Newshound Guru Admin Bob passed away suddenly Wednesday . Our thoughts and prayers go out to his family and friends. He has been a fixture in the dinar world for a very long time and will truly be missed. The latest guru posts will continue below...
2-16-2017 Newshound Guru firefly Then we have IBAN. IBAN is different than the Swift system although it IS a part of the swift system. All of this is from the CBI! Iraq is still not listed on the IBAN site...Yet the CBI announced which banks will handle the IBAN...So what does that tell you. remember Swift is used between BANKS...IBAN (International Bank Account Numbers) is for the PRIVATE SECTOR for international transfers. The fact that banks in Iraq are READY for IBAN excites me intensely. I'm sure it also has the contractors and foreign companys excited as well...too many items lining up to ignore! [post 2 of 2]
2-16-2017 Newshound Guru firefly Article: "World Band preconditions "reconciliation" for supporting Iraq" Quote: "World Bank regional sources reported that it will grant Iraq its financial support in parallel with the reconciliation project after defeating Da'ish (ISIS) organization." I mentioned many months ago how important the National Reconciliation Law is to our investment! [How long will that take?] Still not transparent but many promises made according to articles that it is just around the corner. [post 1 of 2....stay tuned]
2-16-2017 Intel/Newshound Guru Backdoc LET'S FIRST REMIND YOU THAT LAST WEEK THE UST WAS IN IRAQ AND THEY HOOKED UP THE DIGITAL DINAR TO THE DIGITAL DOLLAR... NOW TODAY WE ARE SEEING IMPLEMENTATION OF THE DIGITAL DOLLAR WHICH I TOLD YOU WOULD HAVE TO OCCUR PRIOR TO THE EXCHANGE OF ANY DIGITAL ASSET-BACKED CURRENCY! TODAY THE DIGITAL DOLLAR IS CONNECTED TO OVER 60 COUNTRIES! NOW THAT IS IMPLEMENTATION MY FRIENDS! THE FINAL STAGE IS NOW SET TO ROLL...WE HAVE A LOT TO BE EXCITED ABOUT BECAUSE NEXT WILL BE OUR TURN! [post 2 of 2]
2-16-2017 Intel/Newshound Guru Backdoc Article: "The introduction of the new service "Swift" for innovation in global payments" TODAY IS MORE THAN THE ANNOUNCEMENT ABOUT THE NEW DIGITAL SYSTEM...A FEW WEEKS AGO WE SAW A PREVIOUS ARTICLE ON THE NEW DIGITAL SWIFT SYSTEM AND THAT THEY HAD UPGRADED TO THIS NEW TECHNOLOGY. THEY HAD NOT OFFICIALLY IMPLEMENTED AT THAT TIME BUT TODAY, BOOM! IMPLEMENTED. I HOPE YOU UNDERSTAND WHAT THEY ARE SAYING HERE! [post 1 of 2....stay tuned]
2-16-2017 Intel Guru Frank26 Remember the article about the AIRLINES? They said...don’t accept any foreign currency...only the IQD. So...what did we see today in an article? It said THEY CANNOT do it...SITA is our program/computer and SITA will not receive as a form of payment with our existing dinar due to the flux of the dinar. The airlines were TOLD by the CBI and the GOI. This article was a PREMATURE STATEMENT! They cannot end using USD’s until they raise the value of their currency! Their program rate is still in the...SITA system. The only way to stop the problem...is to raise the value.
2-16-2017 Newshound Guru mike Article: "Parliamentary Finance: The government withdrew its $ 48 billion cash reserve" Now we're down to $40 billion in reserves and essentially, nothing's changed. I don't see oil prices surging back to $100 a barrel and terrorism is never going away. Iraq needs to course correct now, there's no more time to waste.
2-16-2017 Intel Guru Delta A lot of you are looking at the UN Operational Exchange Rates. That has nothing to do with Iraq. Iraq doesn’t have to wait until the next UNOP rate date changes. We believe that the budget was passed...and showed up in the Gazette on the 9th. Did you see the budget implemented yet? No. What are they waiting for? The only time you have to amend the budget is if you changed the rate. YOU SHOULD BE VERY EXCITED! The BAS News website ...that showed a rate...the newspaper took down those numbers...Where did those numbers come from? Software. At that time...they were testing the new rate. We continue to watch for the NEW RATE...that could happen ANY DAY...ANY MINUTE. We believe that in our hearts...this is our month... The TRUE RATE should show up on the CBI website any day! [post 3 of 3]
2-16-2017 Intel Guru Delta An article from the IMF...they say that every member nation...when they want to change their rate...the IMF has to know within 30 days of the implementation. These are NOT rumors! This is fact from the IMF website. The 30 days give you 3 windows...the 4th the 12th and the 17-19th...so we believe...this week...for Iraq to show the rate. It’s never happened before for them to remove the indicative rate for that long. Where does the indicative rate come from? This indicative rate comes directly from the IMF...they give that to Iraq... One of the memos that we found talked about the exchange rate. The CBI controls the market price...auctions and cash. The thing that can’t control anymore is the TRUE RATE! ...the CBI...they got the permission...we believe within the last 72 hours. This is NOT rumors! This is a fact from the IMF. [post 2 of 3....stay tuned]
2-16-2017 Intel Guru Delta The CBI and the program rate...what is going on there? January 2017 the CBI...all of the sudden the program rate was taken off. January 2, 2017...when auctions started...the spreadsheet...the program rate 1184...and then January 12, 2017...we watched it...they had an auction...the numbers disappeared. ...the program rate is gone...the spreadsheet...the indicative rate. Why is that significant? Articles from the CBI (long time ago) stated that they couldn’t have 2 rates in the same fiscal year. When the CBI and the GOI decide to come up with a TRUE RATE...that must happen in the beginning of their FISCAL YEAR...That should have been the 1st week in January 2017. It didn’t happen at that time for whatever reason. They agreed not to postpone. The meeting on January 17 to 19th with the IMF...everyone involved...everyone was there...and we believe that that date was a high possibility of them getting the green light to lift the value. [post 1 of 3....stay tuned]
2-16-2017 Intel Guru Bluwolf All things already talked about and expected to occur are now...coming into reality...and they will be revealed through a domino effect process, just falling into place one behind the other. As some whom have seen some recent screen rates sort of high, let me informed you that those are just placeholders for all the rates are still floating, but one thing is for sure is that the real rates will be much higher than seen by these folks. The turmoil of political events now in DC are being structured to delay our blessings but the guy with the Golden hair knows of that and is pushing forward...That is where we are folks as we speak. See you at the banks...
2-16-2017 Newshound/Intel Guru BGG Article: "Rasheed Bank grants loans to citizens of up to 30 million dinars" [...any thoughts on Rasheed bank starting car loans and buying Us dollars from citizens!] 1st - why would they loan money in an economy "like this" - up to... 30,000 USD. 2nd - who would want to get rid of their USD?? Seems like a real shift in perception of the IQD value on the street is coming...or at least Rasheed is forecasting one.