Latest Guru Opinions - Tuesday - 10/16/2018

[ronscarpa]

 

10-17-2018   Newshound/Intel Guru BGG   Article:  "Commission likely to announce the final results of the parliamentary elections by this date"  Quote:  "The spokesman for the Electoral Commission for Elections and Referendum in the Kurdistan Region, Monday, announced the final results of the parliamentary elections in Kurdistan within 5 to 7 days."  There is a reason they haven’t been very forthcoming with these results… we shall soon see why.

10-16-2018   Newshound/Intel Guru Mnt Goat   Article quote:  "...the Financial Advisor to the Prime Minister confirmed the appearance of Mohammed Salih on Sunday that the sovereign wealth fund (now 20 trillion dollars (not dinars) will be launched next year 2019 after the implementation of the law of the National Oil Company, noting that the fund will be used for development purposes directly."  Talk about “financial stability”? WOW!

10-16-2018   Newshound Guru Kaperoni‏  Another article states...Iraq is going to have a great economic renaissance and investment from non-oil in the coming period. Let's hope.
 
10-16-2018   Intel Guru RayRen98   Iraqi news reports that PM Madhi will announce his complete cabinet on Thursday or Saturday.  Bankers are meeting later today to discuss the release details and expected date of the RV.

10-16-2018  Newshound Guru Breitling  If I see there is no path at all.  I have no problem of telling you, ‘Hey guys this probably is not going to work out.’  I have absolutely no problem telling you all knock it off and get out.  I’m not emotionally, physically, anything,attached to this.  I’m speculating and I’m watching the numbers.  Now I happen to think it’s going to revalue and I have absolute confidence that it’s going to.  And you guys know why…  because I’m showing you the numbers.  I keep going over it over and over again.  Absolute confidence...(Post 1 of 2)...More to follow...

10-16-2018  Newshound Guru Breitling …But if anything ever comes up…I will say hey guys shut it down, get rid of your dinar at any rate you can because it’s not going to revalue. I promise you that…nothing has changed.  If the CBI has not put anything out then nothing has changed…unbelievable happy situation for us what Iraq wants to do…what Iran is plotting for Iraq to do.  That’s what they want.  All of a sudden it’s a big deal for Iraq to revalue because they can benefit from it. Why?  Because their country is being shut off from the world.  That’s a huge plus for us.  You should be excited.  I’m not kidding, you should be very very excited because it means something.  Now what’s the rate and what’s the date it’s going to come out?  I haven’t got a clue…(Post 2 of 2).. 

10-16-2018   Newshound Guru chattels  Eight days remaining for Mahdi to meet his targeted date of October 24 to form the next government.

10-16-2018   Newshound/Intel Guru Mnt Goat   Article quote:  "The initial draft of the budget law of 2019 INCLUDED A MAJOR ECONOMIC BOOM FOR THE COUNTRY. THIS INCREASE IN INVESTMENT SPENDING, WILL REVIVE THE PRIVATE SECTOR AND INVESTMENT IN THE COUNTRY, which contributes to increase the recruitment of labor and reduce unemployment rates in the country.”  2018 budget was based on $45+ for a barrel of oil. Oil is now almost double that amount $70+. So there is a huge surplus of oil revenues. Iraq is not only swimming in oil they are also swimming in mullah (money).