*Misc Gurus 6-1-13

[Vixen]

5-31-2013 *BGG ~CH7 is not as important as anyone thinks...in fact, shortly after an RV iraq would likely qualify to be removed from CH7 (financially - at least)...

5-31-2013 *Stryker ~tomorrow starts what should be a very interesting month of June. With Parliament due back in session around June 14th, with many laws and amendments lined up for their return, their citizens and us can only hope and pray that this sessions Parliament members can achieve history this time by passing all needed laws before the start of their Holy Days of Ramadan. This years Ramadan is scheduled to start on July 9 and last until August 7th according to the Ramadan Calendar that I derived from the Islamic calendar. So now that we know that Parliament should return on the 14th or 15th of June and Ramadan starts on the 7th of July that only leaves roughly 3 weeks for them to achieve what I will call a miracle if this Parliament could pull it off. The only thing that makes me feel that this miracle can in fact take place is the FACTS that we have uncovered these last few weeks since they have been on holiday break. Speaking of holiday break, maybe, just maybe they were sent on this holiday break so they could extend this coming session into Ramadan if needed to achieve Currency Reform.

6-1-2013 *Tlar ~There is a saying in business. "to much business is better than no business at all." I feel the same way about what's going on now. To many articles and to many currency problems in the news, IMO is better than no news or problems on the currency at all. We will see some kind of a move soon not necessarily because Iraq or the CBI wants to, because they have to. The CBI is backed into a corner. They will either fold their tent or come out swinging. To do nothing IMO is to fold their tent.

6-1-13 *SWFloridaGuy ~Although I'm a skeptic by nature I remain very confident that Iraq is headed in the right direction and one day we will profit from this endeavor due to, in part, some of the reasons:
1. Excluding the oil sector the economy is expected to grow by at least 9.4%.
2. The latest report to US Congress forecasts Iraq's GDP growth 3x that of the next strongest MENA economy.
3. In the 70s when Iraq's currency held a much higher value GDP only ranged from $2 billion - $8 billion.
4. Oil is quickly becoming second in Iraq to gold. 5. The CBI has stated they have significant plans for economic integration. They are currently the premier emerging market, not only in the Middle East, but the world...
6. The U.N. is fully supporting Iraq's release from Chapter VII, although I tend to think that will take some time.
7. The HCL/Article 140 are finally being finalized.
8. The CBI/Financing committee is saying they are going to return the value of the IQD to "previous" levels!!
... We recognize the GOI's ascendancy and corruption have convoluted matters and possibly delayed reforms. The economy is growing with the revival of the oil sector and the improvement in the security situation. And with the support of the international community, debt levels have been brought down to sustainable levels...Iraq is clearly on a path to recovery, one that although promising does have certain obstacles that they must overcome...

6-1-2013 *Tlar ~More and more articles are beginning to call a spade a spade and are targeting Iraq [Iran??] and Syria as the ones buying the dollar...This is not a CBI problem alone. It's a battle that if it were to happen anywhere but Iraq, the government would be taking the lead role to fix it because the government is the one with the resources to police this...Anytime your currency is being attacked all should get involved. Maliki's government remains quite letting the bank take the fall and in fact attempted to use this as another reason to move in on the bank... Most likely there is payola from Iran to some leaders in the government to look the other way.

6-1-2013 *Arthur ~AS I TOLD YOU A COUPLE OF WEEKS AGO I HAD STARTED TO SEE A NEW TRENDING TOWARD SOMETHING UNPRECEDENTED IN THE PROCESS IN IRAQ AND INTERNATIONALLY...THAT POSITIVE TRENDING HAS NOW REACHED A CRESCENDO...AN ALL TIME NEW HIGH THE LIKES OF WHICH WE HAVE NEVER SEEN BEFORE! ...HAKIIM HAS BEEN GIVEN THE GREEN LIGHT BY THE PTB TO ORGANIZE THIS [National] MEETING... IMO THE LONG AWAITED AND SEEMINGLY IMPOSSIBLE NATIONAL MEETING IS TAKING PLACE TOMORROW [Saturday]!.THE VERY NEXT DAY ON SUNDAY, AN EXTRAORDINARY SESSION OF THE COUNCIL OF MINISTERS WILL OCCUR. AT THE SAME TIME...OBAMA IS HAVING AN UNPRECEDENTED MEETING WITH THE CHINESE PRESIDENT AND PART OF CALIFORNIA IS ALREADY ON LOCK DOWN IN PREPARATION FOR THAT THE SAME WAY ALL CARS AND MOTORCYCLES ARE BEING RESTRICTED IN BAGHDAD UNTIL FURTHER NOTICE...IT IS OBVIOUS THAT THESE TWO EVENTS RUNNING SIMULTANEOUSLY ARE NO ACCIDENT AND IS TANTAMOUNT IMO TO AN INTERNATIONAL MEETING OF GLOBAL PROPORTIONS.