4-21-2017 Newshound/Intel Guru Mnt Goat Article: “Governor of the Central Bank: To cancel the dollar sale window, if canceled to become exchange rate 3 or 4 thousand and perhaps more??” Quote: “On the prospects of floating, similar to other countries in the region, Keywords said that it is sealed now, and we are working on editing currency and not float, a large difference between the two.” It is telling us the CBI is working on the replacement of the currency and bringing it out of the program rate as he says “editing” the currency. The fact that he says this process is much different than what was done in other countries is the key here. To me “editing” means to change. When he mentions “float” he is talking to parliament and telling them the CBI is not going to float the program rate but will wait until the editing process is done…So they can float but only when it goes international.
4-21-2017 Newshound/Intel Guru Mnt Goat Quote: “He noted that the solution in Iraq is to reduce the demand for the dollar through the structure of the Iraqi economy is correct, and not through the sizes for the sale of the dollar.” So here it is in BLACK and WHITE and it could not get any clearer – the strategy of the CBI is FIRST to reduce the demand for the dollar (thus raise the value of the dinar) and do it through a progressive and productive economy. Thus the REFORMS… But what will be the tipping point when they release the dinar to the world? This is the key here. I believe it is once they get their private sector growing and allow investment capital to flow freely in and out of Iraq.
4-20-2017 Newshound/Intel Guru BGG [is the new rate inside the budget?] There is no “new rate” inside the budget…in fact, one of the recent interviews with a CBI official – all but said it wouldn’t happen that way…they did give us an actual list of what was required and in what order it should occur.
4-20-2017 Newshound/Intel Guru BGG [so we are waiting on Mosul’s liberation and then it rv’s?] That is a pretty “canned” statement… though it may not be far from the truth…as in- pretty absolute. [What about the other currencies?] Dong looks to be a ways out (at best).
4-20-2017 Intel Guru EXOGEN THURSDAY INTEL UPDATE: 1. IN COUNTRY STABILITY IN IRAQ IS FINALLY ALMOST HERE. NOTE: WE TOLD PEOPLE YEARS AGO YOU CAN NOT REVALUE A CURRENCY IN AN UNSTABLE
ENVIRONMENT CONTROLLED BY ISIS/ISIL. 2. PAY CLOSE ATTENTION TO THE KURDS. 3. THERE IS ALSO AN OIL PIPELINE TRANSACTION THAT IS THE MAJOR TRIGGER MECHANISM UNDER THE TABLE…HINT HINT! (PAY CLOSE ATTENTION TO OIL JOINT VENTURES WITH IRAQ) 4. IQD PARITY TO OTHER CURRENCY IS INEVITABLE.
4-20-2017 Newshound Guru Stryker Our dinar dominoes are finally ready to topple over in the direction of the perfectly aligned stars that are overlooking the desert soaked deeply in oil.