*Misc Gurus 5-19-2014

[Vixen]

5-18-2014 *Millionday ~Article quote: "Mohammad Mehdi - MP for the coalition of citizen Furat al-Shara said on Saturday that "the survival of one month from the age of parliament are considered long enough to pass the budget." so as we see -- the timeline has been long enough for the budget and they have called a 3 day special seccion to get it voted through -- according to this the president of parliament is calling the meeting -- it doesnt state when. Article quote: "The UN representative stressed that all development programs will be run, from the beginning of next month inside Iraq, not from abroad, confirming that the organization will open a big branch office in Basra by the end of this month..." this is the UN stating that they have to begin all their projects in country on the first of June -- so we know they have to be ready with budget done to comply to that order. [if no budget by 1 June could they use DFI funds to pay for projects and programs?] no they have to have the budget money distributed by CBI and ...Turki has stated that no money will be released without the budget in place.

5-18-2014 *BGG ~you may or may not like or agree with what [Guru] Kaperoni has to say...when he's talking about NO RV - he's talking about no high number out of the gate. we all agree - if it starts low - it won't be long before it does get to a "reality rate" (as in - QUICK). so my question is... WHO CARES?? just get it started.

5-18-2014 *tlm724 ~Article quote: "The Iraqi Ministry of Finance announced the intention of the Iraqi government not to claim the United States to protect Iraqi funds deposited in foreign banks..." the risk has been minimized, Iraq has fast forwarded their debt negotiations and they want their money back and feel more confident in handling it too.

5-18-2014 *EXOGEN ~Rates are 100% confirmed LIVE in Kurdistan right now.

5-18-2014 *Millionday ~[your ink sounded like Maliki is in...we read today sounded like he is out...what is your Opinion please?] the report i have is showing that the party has the most votes but the representatives do not want him to be the prime minister...his party has the right to put another person in as the representative of their winning party...they seem to not want him in.

5-18-2014 *tlm724 ~Article: "Mr. Aref Tayfur calls for the next House of Representatives to amend the Constitution so as to ensure the establishment of a confederation in Iraq" first thing on the agenda and whats awesome is this will bring to a close the erbil agreement, article 140 and should resolve the oil and gas law!

5-19-2014 *Tlar ~Maliki is finished. There are certain articles that continue to appear that he has a chance but even those are beginning to wain. Numerically the odds are totally against him. The voting results will be either announced Monday or Tuesday. They will be official. It is rumored that the 2 million ballots he stole were passed out to the military giving 2 million soldiers 2 ballots each with which to vote for Maliki. It is also reported that Maliki sent emmissaries illegally to trade plots of Iraqi land for votes, and money in country and overseas to buy votes in Iraq and from Iraqi's all over the world. He could not overcome the coalition even breaking the law. IMO the CBI's last word still stands, "sometime on or around mid-year" they plan to delete the zeros or sooner if the government is settled before then. This is the first time Turki has ever publicly made a statement that included a possible date. He has made bold statements since January saying the CBI is independent and that they alone will decide the timing of this project. I have been a large proponent through the years saying delete the zeros means an 86 cent dinar. It is now my belief we may be looking at a price somewhat higher. I believe we could see a value from $1.00 to somewhere in the $1.50 range. If they want to they can certainly support a higher rate. We are less than 30 days from a new, democratic government to be seated and less than 45 days to July 1st. There will be a non-sectarian government for the first time since the fall of Saddam if it comes as advertised. Kurdistan has been virtually shut down selling its oil until this month and it is expected they will quickly get to 400 thousand bpd if the political problems are resolved. If they can resolve the HCL and this new government shows a willingness to do so, Iraq will be shipping oil through their new northern pipeline to Turkey and south to Basra through the Iraqi pipelines. When the new government is seated there will most likely be a euphoric first month when Iraqi's are celebrating and IMO that would be a great time to initiate the project, around July 1st.