Iraqi Dinar Guru opinions 6-3-16

Iraqi Dinar Guru opinions 6-3-16

6-3-2016 Intel Guru Frank26 They are not going to take their time…IMO…they are in warp speed… I’m really happy…that the things that the IMF layed out in December…we are seeing them right before us now…we also said that Iraq will take this to the last nanosecond to some time in June…God willing we will see this. The IMF does not practice Ramadan…we don’t calculate it…but if I were Abadi this is exactly when I would want to release things…Ramadan is a time when they take inventory and they are grateful…they will be very grateful that their currency has purchasing power for them…this is wonderful and during Ramadan would be nice…I also want to say that if it doesn’t happen in June…if it goes into July…blame the IMF…they supposedly have the control… the IMF is holding their hand…guiding them through the MR…I am so at peace because of their presence…

6-3-2016 Newshound Guru rcookie Article quote: “US Ambassador to Iraq Stuart Jones confirmed that the Iraqi development reform program will enable the government to better manage its budget, and treatment was delayed four thousand project.” US AMBASSADOR TO IRAQ STUART JONES ASSERTS IRAQI DEVELOPMENT REFORM PROGRAM WILL ENABLE GOV’T TO BETTER MANAGE BUDGET THAT HAS DELAYED 4,000 PROJECTS BY IMPROVING PROCUREMENTS BY SYSTEM STANDARDIZATION OF PROPOSALS CONTRACT WITH REPUTABLE CONTRACTORS ELIMINATE DELAYS, WASTE & CORRUPTION…

6-3-2016 Newshound Guru Aggiedad77 Article: “Washington: Development Management Developer Program will ensure transparent management of funds in Iraq” it’s been one of those long but very exciting days… Remember…they need this in place according to [Guru] DELTA to push the financial reform forward…sounds like it is necessary for the MR as well…So this has been “kicked off” today…One question tho…$400 billion budget…where is this coming from…thought this year’s budget was like 97 trillion dinars…but I could be dreaming I guess.

6-3-2016 Newshound Guru Adam Montana [What is the current situation in Fallujah? What is the status of Mosul? …do you think the liberation of Mosul will occur prior to an RV?] I won’t go into detail on the “current situation” in Fallujah or Mosul other than to say that ISIS is losing it’s hold in a lot of ways, and I expect to see that trend continue. …regarding the Date, I am very hopeful to see some strong action immediately post-Ramadan… but if they want to prove me wrong, I will happily let them!

6-2-2016 Intel Guru Delta I know we are getting very close to a lot of things going on…Number 1 is an announcement from the Minister of Planning…this coming Thursday they are going to launch something…very important…and very significant for our investment…they call it the Development Management System…we know the CBI with help from the GOI…they decided to be a cashless society in the long run…their goal is to move the whole country in this direction of e-government or electronic…the launching of this project will be this coming Thursday and it looks like PM Abadi will be present to launch to this…without this Management System the financial reform cannot proceed…they have to have this system in place to do the currency reform and the financial reform…So this coming Thursday they will celebrate the launching of this system…so indications are we are getting really close…but we don’t know exactly a date… Second point…

6-2-2016 Intel Guru Delta …we all know of the deal between Iraq and the IMF…there was information on Iraqia TV and another article today…from the Financial Advisor to Abadi…One thing he stressed is that the IMF Board has to give the final go ahead for Iraq to get their funds…so he said that for Iraq to get this loan they have until June 15th to submit a letter from Iraqi authorities to the IMF board that they do agree to all the IMF conditions and the framework of the loan…and the most important condition to us concerns the financial reform…they talked of two things…one was about taxes…and the other…they HAVE to lift the 000’s and basically do the currency reform…so this seems to give us a very small window…they have less than two weeks to accomplish everything and send the letter to the IMF…so this letter being submitted will be exactly the same as Iraq accepting Article 8…so by the end of the month of June then…the IMF board will look at all of what Iraq has said they have done…and one is the currency reform and the establishment of the true value of the Iraqi dinar…Again…now these two things seem to point to the idea that we are very close.

6-2-2016 Intel Guru Delta Third point….it is about the CBI…my TEAM has been digging into and watching the CBI really closely for a very long time…there is a spreadsheet that the CBI has they have been doing for years and in this is a calculated ratio that they provide…they come up with this ratio to determine the value of the currency…by dividing the foreign exchange assets divided by the money supply…this ratio reflects very close to the exchange rate…and for the last six or eight months the ratio has been showing like 0.85 or 0.86 cents which is close to the value of the USD…But it looks like we have the magic number in that spreadsheet…when you put all the numbers into the ratio it appears the ratio is basically saying 1 to 1…the magic number is there… I would like to add that even though it is showing 1 to 1…I believe it will come out even higher…because remember they have to add inflation into it…so we could see “out the door” more than one dollar…maybe 1.15 or 1.20…even up to 1.42 is possible…IMO I think we will see 1.13-1.20 after inflation is added to it…there are so many indicators that we are so very close…

6-2-2016 Newshound Guru Shredd the fact of the matter is the rate fluctuations [Guru] Bondlady has noticed is worth watching. The central bank must maintain stability which is what we are seeing, without question when the dinar is on a globally-recognized, market-driven floating rate regime, we will see it adjust and at that time, supply & demand, interest rates, inflation, and GDP will affect it… I would expect the rate to grow in strength rapidly if for supply alone, also, in my speculation…

6-2-2016 Newshound Guru Adam Montana Article: “The House voted, Sunday, to extend the legislative term of the parliament for a month extra.” […What is your feeling on this, and are they trying to get something done before the end of June?] This doesn’t mean they are “working” for another month, it just means they gave themselves a month extension to carry through Ramadan. I think…that although nothing significant gets passed during the holiday, this does not mean they won’t be working on things to have an “End-of-Ramadan” celebration.

6-2-2016 Intel Guru Frank26 …the MCP [Multi-Currency Policy] is extremely important …now the USD is suffocating us to death…we flooded your markets…we forced you to use it…but now we are taking it away because the Multi-Currency Policy in your country must end…it means they can only use their currency…Abadi and the GOI/CBI and all of you new guys…shut down over 300 places where they were exchanging money…some of those were banks and outlets…this was another source of thievery…but it is gone…the corruption is being straightened out…Something is going on…because these 300 they can’t even do business any more…nor can the citizens get what they were getting from them any more…our auctions are going to be coming less and less…in fact our goal is to take our auctions to zero…you have to raise the value of your currency

6-2-2016 Newshound Guru rcookie HERE IS A RECAP OF NEWS….PARL LEGAL COMMITTEE STATES RULES OF PROCEDURE ALLOW FOR 3 PRESIDENCIES TO CALL EMERGENCY SESSIONS DURING HOLIDAY…KURD ALLIANCE STATES ABADI READY TO RECEIVE DELEGATIONS FROM PROVINCIAL GOV’T TO RESOLVE OUTSTANDING PROBLEMS…PARL FINANCE STATES IMF LOANS WILL REVIVE THE IRAQI ECONOMY… NATIONAL ALLIANCE …EXPRESSED GREAT DESIRE TO RETURN TO NEXT PARL SESSION AND CONTINUE REFORM ACTIVITIES…ANBAR SECURITY ISSUES STATEMENT THAT IRAQI NATIONAL FLAG WILL BE RAISED IN CENTER FALLUJAH WITH IN NEXT FEW DAYS…

6-2-2016 Newshound Guru Adam Montana One more note regarding the timing… remember when I said that the HCL could be tied very tight to the price of oil? We are definitely going in the right direction, just like I thought we would be: Article: “Iraq expects oil prices to $ 65 in the coming months” Yep! That’s right… $65, in the coming months, which is exactly my expected price AND time frame. Ramadan ends on July 5.

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