I was able to have a short chat with my source about where we are at. Of course anxiety levels are again at unprecedented levels. He confirmed that tomorrow marks the end of Ramadan and beginning of festivities and therefore we are approaching the last hours of the countdown. Ramadan he explained is not a time of money as a worshipping instrument and that Xmas like it is for us to exchange good wishes, presents and such , their EID is a time to bestow their people with similar and gift of money is then appropriate.
The hoopla that some are reporting of buying gifts, cards, etc. is happening all throughout the country and it's preparation of the upcoming festivities. He bluntly rejected that it had RV'd in country already. Having said that , they have promised their people new purchasing power and a new plateau to take the country into international trading & investment opportunities so basically said : WE ARE THERE ! He states that not only are promises to their people to be accountable for , there are numerous banking and MNC contracts to up hold. Ascension to the WTO and emergence of Iraq as an economic power is at the door step.
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Now, here's some wonderful news he disclosed today : Remember Turki speaking about a "surprise" , well it happens to be that the Rate will be better than anticipated. THAT'S THE SURPRISE !! What is it ?? I have NO IDEA !
He just told me better than "modest" (his words not mine). Again what is "modest" , I HAVE NO IDEA !!
Security is holding nicely in Iraq and so Lord willing it stays that way i.e. No major terrorist episode, then we have no glitches or excuses for delays !! Time period : Well every Iraqi is expecting this in the next few hours, days. Most probably this weekend but certainly it can't go further than early next week since promises and world commitments are binding. I Don't know the exact date !
The CBI will push the button and shortly in concert , Maliki as head of state will announce Iraq as international in every which way. Barzani will also make an appearance shortly after.
So folks, I see that one by one we Intel providers are posting our last posts and saying farewell. I see no reason otherwise in my case. As a fellow investor these last couple years has certainly been interesting to say the least. Folks, we have heard and seen it all. I know many times (well probably most times) I've reported not so popular news and I hope you'll know this : I just reported what I was told AND MOST IMPORTANTLY, I wasn't thrilled with what I heard (as an investor) EITHER !. But rather than sugar coat it or such I just gave it out there (And took my lumps ).
Anyway, we have learned that no Intel provider ever had perfect information and my source ALWAYS warned me with his info "that conditions can change". AND THEY HAVE !
WOW ! What a ride it's been !! I do believe though that there can be no more delays.
Best wishes then to all of you. Just a word of advice : Don't be greedy with your windfall ( Again, I have no idea how big or small it will be ) , Please give what U can ( in numerous methods) to those in despair. In this way your windfall will blossom and not become a curse.
Most importantly, look after yourselves health wise and those around you because surely no wealth is greater than being healthy. BE HAPPY :)