Common sense: facts - opinion - the rv
Look around gang, the process is moving forward and things are lining up right before our eyes. The news will tell you everything you need to know about the timing of the process.
The world bank is in Iraq and has been there for several weeks. They are preparing for something. The IMF and WB are now working together and spear heading the Iraq banking overhaul and revamp. They say it is now complete. That is great for us. The UN meets on 6/15 to "potentially" release Iraq from Chapter 7. That can't happen without an RV. Tarrifs were extended to 7/1 for a reason. It makes sense to have them go live AFTER the rate increases. Erbil needs to be completed and then the window we are looking for will be open.
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Remember, there are no dates set in stone. Just windows of opportunity. The current window is 6/1 to 7/1. Look for Erbil to be announced by 6/1 and Iraq to be released "officially" on 6/15 IF all goes well. There is NO/ZERO chance of an RV prior to 5/31. That means we have at least another 9 days of waiting. Lastly, M is NOT going anywhere prior to the RV. We do NOT want him going anywhere. If he does, all bets are off and we will have at least a 60 day delay.
Once we see Erbil, the window will be open. Look for that in the news as well as the world economy to get worse. Those two things are what we want to see. I think we see it between 6/1 and 7/1 based on what I am hearing. Without Erbil, we will not see the RV.
My best to you all,