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Friday, July 11, 2014

DINAR GURUS UPDATE, 11 JULY

7-11-2014   Intel Guru Mnt Goat   So where is this RV heading this coming week?   All my intel sources are now telling me they plan to try again this weekend... Today is Friday, the process has already begun and so far it is moving ahead. I do not want to predict any dates or rates but I can say it does look very good for us next week to be at the banks if (remember I said “if”) Sunday’s session in parliament goes well and if their plan to form the government does not get interrupted.  I do not predict rates so I will not divulge what I know in this area since they can change and probably will. I will say the IQD market rate is above $3 and the IQN contract rates with China and Vietnam/China (VNN) are still very strong and there is plenty of money remaining in the buckets for our exchanges.   [post 2 of 2]

7-11-2014   Intel Guru Mnt Goat
    ...we anxiously await for the next parliamentary session on Sunday July 13th.   All my intel sources from Iraq are telling me it is coming to an end  and the government is already decided upon and just waiting for the final voting process as a matter of formality. The plan now is to vote on all three presidencies during this next session.   He [Maliki] is gone!  He has voluntarily retired and can no longer be a threat to the process of building this new government.  As of June 14th his legitimate power as prime minister has ended.   [post 1 of 2....stay tuned]

7-11-2014   Newshound Guru Kaperoni
   Article:  "The Parliament of Kurdistan: charges, Al-Maliki's desperate attempt to cover his failure and fuelling the Iraqi Street"    It’s become a war of words now between Maliki and the KRG. Maliki threatens them, the Kurds put out press releases and ship more oil. Maliki says they are harboring former Baath members, the Kurds announce a referendum before the end of the year. This is getting progressively worse and hopefully Maliki leaves before more infrastructure damage is done. 

7-11-2014   Newshound Guru Aggiedad77
   Article:  "Ministers of the Kurds did not withdraw from the government"   here is the article that I knew was coming...they have not left Baghdad but merely are awaiting the formation of a new government....one that does not include Maliki...I hope they aren't planning on holding their breath on that issue.....the jury is still out...though Sunday is not far off.

7-11-2014   Intel/Newshound Guru Poppy3
   [What are your guys telling you regarding Maliki's future?]  ...HE IS THE PROBLEM AND I HAVE BEEN SAYING FOR OVER A YEAR HE WILL BE OUT AND A NEW PM WILL BE NAMED.  I ONLY HOPE THE NEW GUY RETAINS TURKI FOR AT LEAST A PERIOD TO ALLOW THE RV BEFORE HE IS CHANGED.  [post 2 of 2]

7-11-2014   Intel/Newshound Guru Poppy3    I DON'T THINK WE WILL SEE ANY RATE TILL AFTER THE NEW PM IS NAMED AND THE GOI IS SEATED BUT I FULLY BELIEVE THAT ABSOLUTELY THE MINUTE THE NEW PM IS SEATED FROM THAT MOMENT FORWARD THE RV CAN TAKE PLACE AT ANYTIME FORWARD.   WE ARE IN GOOD SHAPE IF ALL GOES WELL SUNDAY AND THERE IS NO REASON AT THIS TIME THAT SHOULD CAUSE A PROBLEM. WE NEED TO KEEP EYES AND EARS OPEN ABOUT MALIKI'S ACTIONS IN THE NEXT FEW DAYS.  

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