Iraqi Dinar Guru opinions 11-9-17
Iraqi Dinar Guru opinions 11-9-17
11-9-2017 Intel Guru RayRen98 [In one of your updates, you wrote that “Currency exchangers are being required to report their Dinar inventory effective for Tuesday”. Who do the US currency dealers get their currency from – the CBI / UST?] They have their own suppliers. [If the dealers in Iraq can no longer sell dinar does that mean that US dealers can only sell what they have left in inventory?] That is my belief, that they continue to sell the inventory they have on hand, or that their suppliers have, but cannot get any more.
11-9-2017 Newshound/Intel Guru Mnt Goat Article: “IRAQI MILITIA CROSSED THE SYRIAN BORDER TO JOIN THE BATTLE FOR THE LAST ISIS STRONGHOLD OF ABU KAMAL” …I would not anticipate this is the LAST of the LAST areas to clear ISIS, as we were told 3 times already this was the LAST and them yet more. So, we don’t know what is the last as they are not telling us. …The translation is telling us the LAST but only the last of that area they just moved into or out of. Then they move on to yet another area to liberate. To me it sounds like the Iraqi army is chasing ISIS into Syria.
11-9-2017 Newshound Guru Walkingstick [Saturday is the 11th; Frank [Guru Frank26] likes Saturday, going into Sunday; Sunday, the 12th, is 3 days before the U.N. Operational rates are posted …] A country… may change, their operational rate/s of exchange at any time…The UN publication of dates is not a reflection of when a country may or may not adjust their operational exchange rate/s, accordingly…
11-9-2017 Newshound Guru chattels Article: “Abadi: The military will soon end soon and the security challenge remains” “…..the security challenge remains” A question is and remains what level of security is “necessary” to facilitate our event, IMO. Obviously, I think, there has been a deterioration of political stability at least in the short term. [they will never be totally secure…no country is…I think once the borders are sealed /protected then we might see something.] Agreed.
11-8-2017 Newshound Guru mike Article: “Baghdad clamping down on the banks of Iraqi Kurdistan” [What does it mean the the cbi has stopped the dollar sales to Kurdistan?] It’s another exchange restriction prohibiting the Kurd’s from having access to the dollar. Now they’ll go through the money exchangers instead of the banks. We’ll watch and see how this effects the spread…
11-8-2017 Intel Guru RayRen98 …today we heard from Abadi that the 12% for the Kurds ‘is not final’, that they CAN get back to the 17% that they were seeking and agreed to earlier in the year, providing they relinquish the territory they had taken from Iraq. Barzani’s nephew (who is now the leader of Kurdistan) is saying that they will comply. Rawa is more an afterthought, but 2,500 people are being held hostage there, and being used as targets. This makes it difficult for the military to go in and clean up the area. Will this make a difference for what we are looking for? That’s a good question.
11-8-2017 Intel Guru RayRen98 Kurdistan has been blocked from the banking system, with bans on international flights. These are sanctions on Kurdistan, and we can possibly tie this in with dealers being told not to sell any more dinar. The banks are being told NOT to send dollars to Kurdistan. If dealers are being told not to sell dinar, there are no US dollars coming in to them, to be floating around. If no more US dollars go to Kurdistan, whether through the banks or dealers… hmm. Could it be that Baghdad is about to stop the flow of US dollars as well? If so, that implies no more US dollars in Iraq, only using the dinar, and that meets the IMF requirements, and a revalue could be immediate. These are just my thoughts… We are looking for this thing to be wrapped up before the end of the month, preferably before Thanksgiving. That gives us a little wiggle room.
11-8-2017 Newshound/Intel Guru Mnt Goat Article: “WELCOME TO THE IRAQ BANKING & INVESTMENT SUMMIT” Quote: “THE COUNTRY IS READY TO DEVELOP ITS ECONOMY AND ONCE AGAIN SHOWCASE ALL IT HAS TO OFFER.” Moving to a sustainable economy is not really the choice of Iraq. Oh – okay so they do have choices – either be ready for the future or crumble as a society. These are their choices.
11-8-2017 Newshound Guru sandyf The term “International currency” does not mean anything. There are 3 types of currency – Fully convertible, Partially convertible and Non convertible. Article 14 currencies by virtue of their status with the IMF are Non convertible. Article 8 currencies are normally able to be exchanged worldwide but at the discretion of the exchanger. When a currency becomes volatile an exchanger may well refuse to exchange as happened with the Russian Rouble not that long ago.