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Monday, June 4, 2018


6-4-2018   Newshound Guru  Kaperoni  [via chattels]  Though the spread is consistant and we are getting close to the 3 month compliance, I do think the IMF needs to have it's Article IV Consulation with Iraq and the formation of a new government before we will see change. The Article IV is a good time for the IMF to review the CBI and go over monetary policy, etc. before the CBI writes the letter accepting Article VIII. The new government needs to be in place to encourage investment. We are getting closer for sure.

Newshound Guru ChrisC   Everybody should remember this...1) Iraq is the geographic center of the ME, they are the richest in assets in the ME and they are constantly saying they are going to be the tiger of the ME.Another thing I always thought was telling is our largest embassy in the world is in Iraq. A country like this is not going to use somebody else's currency five minutes longer than they have to.  2) No more ISIS  3) corruption is on the way out. That really is one of the main reasons IMO that they have kept using the dollar and now they are going to start stringing them up if they stay in Iraq.  In the final analysis the evidence, not my opinion, shows that this should be much sooner than later.

6-4-2018   Newshound/Intel Guru Mnt Goat    The CBI simply did not want this to happen again and expects to complete the monitoring on time on mid-June. This is also yet another indicator as to why I am telling you do not expect anything movement in the reinstatement of the dinar until at least past mid June, and even then, we have to wait to see what happens as we get closer. This mess with the election fraud may be resolved by some backroom deals or it may come to re-counting and maybe even a re-voting process. We just have wait and see. We have at least 10 days starting... [6-1-18]  to let the Electoral Commission work with the Judiciary in sorting through the complains and deciding the next step.  [post 2 of 2]

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