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Sunday, January 27, 2013

DINAR GURUS UPDATE, 27 JAN

1-27-2013  Newshound Guru Bondlady   the people were supposed to get the 25% of oil profits at the end of 2012 but the fighting stopped the final reading of the hcl, so maliki had to file a law suit delaying the 25% to the people in 2012 because you cannot do it without the hcl, thats the profit sharein...it will invite the whole world into iraq to invest...pass it and all things move full speed ahead for everyone in iraq and the world.  [post 3 of 3]

1-27-2013  Newshound Guru Bondlady   now they have to choose 1 of the 3 agreements and pass the final vote for it and it'll be a huge historical thing too as its took them forever to do, article 140 falls right in here too and they have come to agreements on most of that just doing the finalizing of it all now and the same applies here too, imo, to the hcl, they will go together or shortly right after each other and it will have to be because its also part of the budget.  [post 2 of 3....stay tuned]

1-27-2013  Newshound Guru Bondlady   i think they may have had a secret agreement per the hcl and its just not voted or it's not announced yet.  so, they have narrowed it down and they did read it once and it was passed for the final vote but the kurds blocked it saying thats not what they agreed on so it went back to be amended.   kurds feel like they deserve more of the profits than anyone else does but that they have come to agreements. [post 1 of 3....stay tuned]

1-27-2013  Newshound Guru Doc     The same article mentioned the "float" strategy.  Our opinion continues as reported many months ago that the plan is to introduce the dinar at or below $1 and allow it to float up as the markets determine. It also appears there is a 2-3 year vision to work the dinar back up to the $3+ range as it once was before the gulf war. We believe this makes huge sense in that the value will increase as the infrastructure improves and more oil is actually produced.  [post 2 of 2]

1-27-2013  Newshound Guru Doc    There was tons of great articles and news releases from last week.  Several came from the CBI which were very forthcoming.  One specifically talked about linking the banks electronically to the internationally which we see as excellent progress.  This obviously would facilitate trade with Iraq making financial transactions much simpler.  Another article discussed monetary policy and specifically mentioned getting the dinar on par with the USD.  While this is not new news it once again verifies our position that the $3+ initial rate rumors are simply not factual and certainly not supported by the body of evidence.  [post 1 of 2....stay tuned]

1-27-2013  Intel Guru BWM   [Will budget trigger rv as so many are saying?]  my theory with the budget is sort of like the thought process with Chapter 7... many say you will see the budget announced and then an rv... my thought process is that we COULD see an RV before the budget but if we see a budget before we hear about an rv, if it wasn't almost simultaneous, it could be a bad thing for us...as you saw today the budget was postponed again...why? I still believe they are trying to put this through and if they were to put out all these things from Iraq they'd have no more excuses as to why we haven't seen it

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