Thursday Night Guru Opinions @ 9:40 PM CST - 2/13/2020

[ronscarpa]

2-13-2020   Newshound/Intel Guru Mnt Goat   So what we know right now is the CBI wants to continue with the project to delete the zeros but had to put it on hold since the beginning of the protestors.  They told us they intended to complete it by year end. This verified once again that December and January are significant months for the CBI to complete this project.  Many keep asking me if the project will still work outside of this Dec – Jan timeframe. Yes it will but this is not the “optimum” time the CBI and the Finance Committee would like to do it...This week my CBI contact told me they had 2 important meetings and they were all about the project to delete the zeros. I am telling everyone that this project is VERY, VERY important for the 5 year plan of which was supposed to end in 2020. This project was (or still is) supposed to kick off the investment frenzy for Iraq by this time. So, we have now entered 2020 without it.  So what? It is only mid-February and still they have not yet paid anything out this year. This is good and we can see are intentionally holding off. But this can only last so long...(post 1 of 2)....

 

2-13-2020   Newshound/Intel Guru Mnt Goat   ...the designate PM is desperately attempting to get his government formally completed and ratified by parliament. He wants to get it right this year.  Next he is going to try to ram-rod the 2020 budget with some changes to parliament and get is passed.  Why is this so important for the RV?  We know that the 2020 budget includes the reinstatement as there has been many scenarios played out by consultants hired the CBI to determine different “what if” scenarios for different rates.  So we wait and watch for 2 things now: 1) getting the new prime minister ratified and his govt formed and 2) getting this damned budget to parliament and hopefully passed in record time...(post 2 of 2)...