DINAR UPDATES 5-4-16
Post From Dinar Updates
Chat Room Excerpts & Highlights
Newstime with BGG 5-4-16 Part 1 of 2
bgg says):Ok Hutchster... Thanks for that
and all the folks that make DU what it is.
You guys are all great...
Hutch says():WHAT DO YOU HAVE FOR US TONIGHT ?
bgg says to Hutch():Let's answer a few Q's first - I have some long articles and commentary (for those interested - in their investment)...
(BTW - I have to take a very short break at about 8pm CST - I'll be right back)...
bgg says to Hutch():I plan on being here a while
Go ahead... someone has a ??
Hutch says():ANY QUESTIONS TO KICK THIS OFF >????
larrykn says():? lots of news on Sadr today what is your take on it
bgg says to larrykn():I am gonna' cover that in depth - later tonite.
misterq says():What is the status of Maliki TY
Hutch says():OL FRED FLINTSTONE
bgg says to misterq():he is still in Iraq with some standing but has been dealt some serious defeat lately... I am going to cover this in-depth in a bit.
jtcolorado says():i am a first time here so I hope this is right ..
jtcolorado says():I have a question about what MrWhite commentend on inregards to Abidi forming new 'groups' and ridding the old ones ..?
I am starting to possibly see that happening and could the RV take place during this long procees of changing such a large formation of 'government'?
localcats says):Is Al Baghdadi dead?
Hutch says to jtcolorado():THAT MAY BE BEST TO WAIT AND ASK MR WHITE WHEN HE IS AVAILABLE.
jtcolorado says():Ok, thank you.
bgg says to localcats():I heard that - not sure yet.
Pablo says():I saw in chat earlier that Iraq has accepted Article 3, is that true, if so, what does that entail?
bgg says to jtcolorado():I think that is accurate... RV could take place soon for a lot of reasons - once Abadi has a handle on things.
jtcolorado says():If it's true that Kawait RV when their government wasnt' in place, And if history could repeat its self, I would love to see what steps happen if this is a repeat. I know Mr. White will hopefully comment further. Just curious if this is what is happening ... seems like it. Thanks BBG!
bgg says to jtcolorado(): OK here we go. Q & A is over for now...
bgg says):A couple of main factors to keep in mind about recent events are these...
1) This recent "dust up" in Iraq is not "sectartian", tribal or political in nature - it's ALL ABOUT THE ECONOMICS.
2) There were 2 distinctly different events...
the first was the Maliki ispiried s
inspired "sit-in" - WITHIN the Parliament bldg... about 170 MP's (probably mostly crooked B@$8@%*s - showed up)... that was a while back - right before the "kangaroo Parliament" session ousting Jubouri...
this ultimately intended to be a "movement" by the bad actors to remove Jubouri, Massoum AND Abadi...
OBVIOUSLY - based on some later news - it FAILED MISERABLY.
(good news for us)...
The second - AND DISTINCTLY separate event / happening was the Sadr inspired EXTERNAL demonstration - those "sitting-in" OUTSIDE of Parliament (and ultimately breaking in and causing some minimal damage) - that 160 MIL USD figure is pure BS.
(160 MIL USD in damage - that is...)
OK - so 2 VERY SEPARATE happenings...
Maliki doing his dangest to unseat Abadi... (ask yourself why...)
Sadr mobilizing a HUUUUUUUUGE protest / "sit-in" which actually favors Abadi GREATLY... they both want REFORMS (as do we...)
Huuuuuuuuuge (Trump speak...) - which BTW - on the surface, at least - the Donald is the MOST VOCAL PROPONENT OF "CURRENCY PARITY" - in all the world and in all of HISTORY. We will see if his lingo matches his actions (hopefully).
which means - he beats on countries that "manipulate" their currency - Iraq is WILDLY UNDER-VALUED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
(by all credible reports)
Here's some News based commentary -
Okk - before we get to the meat of it...
here's a couple of GOOD Headlines..
Will Abadi resign??
ONLY TALKING ABOUT Resigning from the Dawa Party...
not the PM job.
Carter defends Iraq’s Abadi, says he remains in ‘strong position’
Read More: http://www.dinarupdates.com/showthread.php?34151-Carter-defends-Iraq%92s-Abadi-says-he-remains-in-%91strong-position%92
That is the US backing Abaid - big time... (though I still worry about our resolve on the matter - Obama basically bowed before THE KING again last week ...) - very troubling.
All of the above is on THE BLOG for today... http://www.dinarupdates.com/blog/
bgg says():I apologize - I wiffed on that commentary from yesterday I alluded to...