Monthly Archives: June, 2015

US Industrial Production Declines as Weak Global Demand, Strong Dollar Crimp … June 15, 2015
Euro, US Dollar Ebb as Traders Await Greek News, FOMC Meeting June 15, 2015
KGT Procures Dinar, Dirham Without Agreements – AG’s Report June 15, 2015
Rupee up against yen, euro; down versus US dollar: DBS June 15, 2015
Rupee closes down 0.17% against US dollar June 15, 2015
The Exhumation of Speicher: A Stark Reminder of Iraq’s Dark Past June 12, 2015
US Dollar Up or Down? That's the Question Next Week May Answer June 12, 2015
Bits and Pieces in Dinarland Friday Afternoon June 12, 2015
Mnt Goat Friday Update – “Why the Delay in Passing the New Laws – More Info” Part 2 of 2 June 12, 2015
Mnt Goat Friday Update – “Why the Delay in Passing the New Laws – More Info” Part 1 of 2 June 12, 2015

Latest Dinar Guru News

6-27-2015   Intel Guru Mnt Goat   ...there is another version of HCL too that Kurdistan needs implemented. It is mainly to address the sale of independent oil from Kurdistan to other countries beyond the Badgdad quotas set by the government to meet their budget requirements. This is an ongoing issue with the Kurds and they need this resolved. Could this hold up the payments of the oil revenues to the citizens? Sure it can and may be the reason why they have not yet paid them. Could this hold up the RV? Sure it can since the USA wants good faith and must see these payments happen before they feel HCL is fully implemented. [post 2 of 2]

6-27-2015   Intel Guru Mnt Goat   I want to talk about these...international MasterCard transactions once again that seem to be the basis for the RV from some...don’t expect any RV even if these MC cards go live internationally. The Mastercards are tied to FIXED rates in a database. These rates are for government programs and FIXED rates and not tied to the floating currency exchanges in any way or fashion... these MASTERCARD events are for the SMART cards and not the “National” Cards. The “National” cards are NOT for these government programs such as retirement, salaries, pensions, food program, etc. The “National” cards are mainly for the oil revenues distribution sharing to the citizens. YES - if you are thinking HCL you are correct. Remember these payments were supposed to begin in a June – July timeframe. They fully plan to execute their plan on time to distribute these funds...they have the full month of July yet to make good on their promise to the people. I fully expect this event to happen and hear news of it very soon. [post 1 of 2....stay tuned]

6-27-2015   Newshound Guru Enorrste   Article: "The central bank's "Tomorrow Press:" the project to delete the zeros will be applied beginning of the year 2017"   This is an important article because it comes directly from the mouth of the head of the CBI. Furthermore, he is stating that he "expects" the beginning of the removal of the large notes to begin in early 2017. By stating this in this way, Allaq has left the door open a little bit. As investors we have come to learn that this is a process that will begin with the change in the exchange rate regime from a fixed rate to a floating rate for the currency. This is essential PRIOR to the beginning on the removal of the large notes. Therefore, we can look with confidence for a change in the exchange rate regime within the next several months, in my opinion. Then, according to the way I understand Allaq, he is allowing about a year or so for the value of the dinar to rise to a point at which the "beginning" of the removal of the large notes will take place. By early 2017 it will not surprise me to see the rate down to 100 or 200 to 1 for the dinar.

6-27-2015   Intel Guru SteveI Topic: "Japan calls for Iraq to pay its dues working in the field of energy" You will start seeing more of these demands in the near future. Iraq is under tremendous pressure to get this done (value that is) and start moving their country forward like planned for years.

6-27-2015   Intel Guru Mnt Goat   Just the past week we read articles telling us about sending charges of TERRORISM and GENOCIDE to the international court of the Hague. I have told you many times there will be no RV until Maliki and his goons are gone and out of the any influence in Iraqi politics. So all is good in the news. Iraq is moving forward with the new laws. They are moving ISIS out of Iraq. Deals are being made to move Iranian influence out of Iraq too. I believe Erbil is in fact all completed and we are just now waiting for the final votes on the many laws and the announcement of them to us. I suspect this could happen in the next couple weeks. They know we are watching for these events and so they try to hide them from us since they know this is PART of the key to triggering the RV. [post 2 of 2]

6-27-2015   Intel Guru Mnt Goat   There is...disinformation being spread concerning that the saving of the Greece economy and Iranian deals are holding up the RV. Really? I can assure you these other events are all mostly unrelated and not the reason for any hold up in revaluing the Iraqi dinar. No – the USA is not now holding it up again! Ramadan is now in progress...Ramadan continues to July 17th in Iraq and it will have little impact as to whether the RV happens or not. We still see parliament meeting and in fact they just announced this past week they intent to schedule a session on this coming Wednesday and vote on a “package” of 150 laws...they must implement them together since one can not work without the others. Another connection is the Justice reforms and how they fully intend to prosecute these corrupt leaders from the past Maliki administration... [post 1 of 2....stay tuned]

6-27-2015 Newshound Guru Millionday   "Baghdad confirmed the Legal Committee in the House of Representatives ratified frankincense, Thursday, that the next legislative term will vote on important legislation, noting that it is possible to vote on some of them in the first sessions of the legislative term." SO AS WE SEE HERE ALL LAWS OF IMPORTANCE WILL BE DEALT WITH THE FIRST OF THE SESSION --- HCL IS THERE ALREADY ACCORDING TO REPORTS. [Any idea when the next session starts?]   IT IS THE 1ST OF JULY. FOR THOSE OF YOU THAT WERE AROUND WHEN THE PLAN HIT THE CBI SIGHT-- YOU KNOW WHY THIS IS AN EXCITING TIME... IT WAS WRITTEN BY SHABIBI AND UPDATED AS IT WAS COMPLETED...

6-27-2015   Newshound Guru Aggiedad77 I believe in more ways than one DrS [Shabibi] is crowing big time, himself and through his protege Dr. Saleh...together they understand the MR...they understand how the CBI truly must be able to function in order to maintain economic stability and the lowest of inflation rates. Their guidance will keep Iraq on the straight and narrow through all the political fog that is blowing their way at this time. The noise from the Finance Committee continues to be just that, noise...put your ear plugs in....they don't seem to want to give up easily...What they have going against them...and what Iraq has going for it...is the knowledge that Dr.S understands what remains to be done to complete the process that he started years ago...it's coming...the BEST is yet to come.

6-27-2015   Newshound Guru sczin11    LARGE DENOMS IN 2017? NO WAY...THERE WAS A RELEASE LATE YESTERDAY, THAT KEYWORDS ANNOUNCED DELETION OF THE ZEROES PROGRAM WOULD BEGIN IN 2017...IN THE LAST 48 HOURS, IT WAS REPORTED THE NEW 100 AND 200K NOTES WOULD BE RELEASED IN 2017...DURING THE SAME TIMEFRAME, IT WAS REPORTED THE 50k NOTES WOULD BE RELEASED END OF THIS YEAR, OR EARLY 2016...THE ARTICLE STILL STATES "EXPECTED" AND NOT ON CBI WEBSITE...NOT EVEN SURE THEY KNOW WHAT IT MEANS..I SURE DONT...WHY DELETE THE ZEROES AT THE SAME TIME AS ISSUING NEW LARGE THREE ZERO NOTES? IN MARCH GREEN LIGHT GIVEN FOR PROJECT TO BEGIN...

6-27-2015   Newshound/Intel Guru BGG   [QUESTION IS WHEN ARE THEY ROLLING IN THESE 50'S?] IMHO... the original version explicitly said "category of 50,000" - NOT a 50k note per se...which means (loosely) - a category WORTH what a 50k note would be worth...IMHO...further - it is very interesting the auctions are a high as they are right now...they have stabilized the exchange (to some extent) and are getting big notes off the street using USD (translates to VERY CHEAP)...right now - if this goes on much longer - they will be in an ideal position to execute some kind of move - (all IMHO).

6-27-2015   Newshound Guru Millionday "General Company for Trade Iraqi business services at the Ministry of Commerce for the opening near the first Baghdad Shopping Festival and on the land of the Baghdad International Fair... runs from 12 up to 18 of the next month of July will participate by 1,200 companies from different countries including Turkey, Syria, Egypt, Iran, India, Pakistan, Lebanon, United Arab Emirates, Jordan and Kuwait."   WILL CREATE A COMPETITIVE ATMOSPHERE AGAIN --- WHHHOOOPOW. NOW LETS SEE IF WE CAN EVEN BEGIN TO SEE THE PROGRESS THAT IRAQ HAS MADE. I AM VERY EXCITED TO SEE THIS AND ALL THAT IS GOING ON.  [how can they have a shopping festival and spend money?] I WOULD LIKE TO KNOW TOO...LOOK AT THE COUNTRIES COMING.   [how in the world can Iraq host this event with all the countries listed with out an internationally tradable currency. ...do you think they all will be satisfied to complete with 1166 rate?]   WE SHALL SEE.

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