Adam Montana

Adam Montana – Dinar Guru   Iran and Iraq are friendlier than I like, but that’s an emotional opinion rather than a business one. Iran is in a geographical position to be beneficial to Iraq, and Iraq does have a large percentage of it’s population that is sympathetic to Iran, so some buddying up is to be expected and will not prevent or delay a restructuring or revaluing of their currency.  Iran is handicapped by sanctions at the moment, so they are of less help than they would be otherwise.  Saudi Arabia, on the other hand, is not crippled at all. They are powerful, in good graces on many accounts, and are getting friendlier with Iraq than they have in the past. Since Iran is not the most capable ally to Iraq, does it surprise anyone that PM Abadi is in Saudi Arabia today…discussing trade, policy, and OIL? Abadi is currently on day 1 of a 2 day visit. I am crossing my fingers for some solid progress as a result of the things I’ve just mentioned.   I think we’re going to see HCL news quicker than they are letting on.  [post 2 of 2]

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