Just wanted to clarify something here. Someone said that Iraq are guarenteed a bronze, but they aren't. They will finish at least 4th in a field of 16 though...quite an accomplishment.
Whoever wins the game between Paraguay and Iraq move on to the gold medal final, whereas the loser moves on to the bronze medal match. The loser has to face the losing team from the Argentina and Italy match. It's a pretty close competition if you ask me.
I still think Argentina is going to take the gold, and Paraguay will take the silver. Iraq has a very good chance at beating Italy in a bronze medal game though, as Italy has been quite unimpressive.