(Thank you Z. for sending this to Recaps)
Hello fellow Dinarians.
I have been skimming over the news and have concluded in my own mind that the Maliki government will most likely not be overthrown by the opposition. Instead, I think that there are strategic alliances being formed that will ensure that Maliki will be gone at the end of his term and replaced with figures that will foster a more unified Iraq with much less sectarian violence and marginalization. I also believe that the Iranian and Syrian influences will be minimized and/or eliminated. We all know that Maliki has been stirring the pot and is responsible for most, if not all of the recent violence and the total lack of progress in Iraq. I also feel strongly that the opposition is doing the right thing by not trying to overthrow the current government. Overthrowing the government would set a precident that could render all future governments a target for overthrow which would effectively eliminate or severly curtail any chance of stability. Stability is the key!
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There has also been a significant level of news and information relating to the CBI and it's effort to improve the exchange rate of the Dinar. The recent barrage of articles point to June of this year for these efforts to commence. What are they going to do? Your guess is as good as mine. Information has led us to believe that the street value of the Dinar is between 1,200 and 1,300 per dollar as compared to the CBI rate of 1,166 per dollar. What steps will the CBI take to improve the exchange rate? I don't have a clue, I am no Economist, but in my opinion an RV is not on the menu. What I think they will do is take whatever steps necessary in an attempt to bring the value closer to the CBI rate and toward a rate of 1,000 to 1. Again, just my opinion.
There is plenty of "good stuff" to be encouraged about; Maliki is losing power and support by the day. There are alliances being formed specifically to ensure that Maliki will be absolutely finished at the end of his term. The likely new government appears to be gaining support based on the premise of a unified Iraq. The CBI is hemmoraging information alluding to some kind of change in the exchange rate of the Dinar.
Remember, the final goal in this investment may only be reached through the occurence of certain events. The precursors to these events are materializing before our eyes. We are on a slow boat to China, so be patient and watch history as it is made. Good things come to those who wait!