5-1-2013 *Adam Montana ~First, politics - last week it was looking like Maliki had lost some of his power, but things seem to have swung around to him again. Some say this is bad, some say it's good... I think it's good. Here's why...One thing we know about Maliki is he is Pro-RV. I believe that his actions over the years have shown us that he is willing to bend the heck out of the rules in order to push Iraq forward. Time and again we have seen him come under fire, but he stays the course and seems to emerge unscathed every time. He is definitely the "can do" guy there, and when it's time to pull the trigger on an RV - he is going to be a major factor in the success, and therefore the rate, of a major change in the value of the Dinar. Speaking of the value of the Dinar, we have seen a MASSIVE amount of reports from the CBI and other sources regarding the intention to redenominate or remove the zeros, and an equally massive amount of articles that contradict that intention. Well, regardless of what they say... the fact that they are talking so much about it tells us that something is cooking. Like they say, where there's smoke... there's fire! And the final hot topic of the week is the HCL. Again, nothing but solid movement on that front. While we haven't seen "the" major breakthrough we need, it is still moving and that is good. So that brings us to a timeline. We are seeing conflicting reports about a date, but July keeps coming up as the time to introduce new notes. You know what else is special about July? Ramadan starts on or about July 7th this year. Now I say this every year...NOTHING significant happens during Ramadan. If the new notes, and most likely the new value, is not introduced before July 7th...then we can count on nothing happening until after August 8th. However, if they decide to push it back that far, that will only complicate everything else that they have made SO MUCH progress on recently... so I think we can be hopeful to see a significant move BEFORE July 7.
5-1-2013 *Adam Montana ~[Iraq has been in the news a lot lately, unfortunately the news has to do with sectarian violence, censorship, bombings, etc. I am concerned that if Iraq continues to go down this path, our investment could also “blow-up”. What is your opinion? I know that others like myself, are equally concern over these current events.] Honestly - I don't see anything to worry about. Things are pretty normal in Iraq, for that matter, in the Middle East. We are NEVER going to see a completely peaceful time there. The value of the currency can go up in spite of that.

