Friday, April 14, 2017


4-14-2017   Newshound Guru 1bobby  Article:  "Iraq and Kuwait to discuss mechanisms for achieving economic complementarity"   When they speak of "mechanisms" that means that the substance(s) of the agreement have been met, now they are looking towards implementation. Kuwait and the other ME Countries are learning that they can not survive by oil alone and they need to open the doors to more of a non oil revenue based economy.   Iraq has lifted a ban that basically gives the right to Kuwati citizens the right to own property and invest in Iraq.  Now Iraq wants the same from Kuwait.  Kuwait calls Iraq "An important and promising market".

4-14-2017   Intel Guru Bruce  
 Tuesday night, I was in pretty good form that this would happen to us this week before Easter. I still believe that is the plan. My opinion of the timing has not changed.  What about Iraq? Is it about Mosul?  No, not anymore. I am hearing it is not really bout Iraq. Iraq is done. They have done all to be released from sanctions.  We already heard about reports in Iraq that the dinar valued 6 times that of the dollar.  Usually happens is the UN Operational rates are visible on the 13th and than effective around the 15th. The 15th is Saturday.   I would say we should be exchanging before Easter.   I don’t like to say it is all done, been done, however we are hearing it is all pretty much complete. Let’s just see what happens.

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