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RichNick123

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Everything posted by RichNick123

  1. Tigergorzow, will contact you after my 11:30 Church service. Should be finished around 1:00 Eastern time. Thanks!
  2. Have an emergency and need to sell 5 Million quick. Will sell at 750.00 per Million, paid through paypal or money order. Have additional several million I am holding. If serious, e-mail me at the following: info@myrpt.org . Will pay for fed-ex to you at no additional cost. All notes are 25,000, unused from Dinar Trade. Notes are still in folders and untouched. Please serious inquiries only, Thank You!
  3. The only way you could have an 8.00 RV is if you first had a LOP! It is not out of reach to reduce the total number of Dinar to 25 billion, from the current 30 trillion, and then value it at 8.00. That would still keep the total valuation at 200 billion dollars. With the release of the DFI and the fact that Iraq has 250 billion now in reserves it is a possibility. I don't love it but I would not be upset to receive 8,000.00 per million for my investment. Retire, no. Have some fun, yes.
  4. You realize this means the dinar is worth 6,078.00 per million if 255,000 buys a 1550.00 ounce of gold? Has there been a change in country or is this a mistake? At the current 1170 rate it should take 1.8 million dinar to buy an ounce of gold at 1550.00 an ounce? HELP?
  5. If tied to theGBP that would equal 85,200.00 per million! I'll take it and be happy!
  6. I will attempt to make this logical and direct. I have been in this a long time and on this site over a year, for all that is worth. 1. I suspect that those with contacts, real contacts in Iraq or somehow connected to the RV,RI,RD or what ever it may be, are taking liberty to move one or two steps beyond the real info. I call this stretching the truth. 2. I do believe we are at the threshold of a valuation change, whatever that may be, before or during Ramadan. This is due to the release of the DFI and the lifting of the Chapter Sanctions. Forget the Ramadan limitations as the banking and economic changes move on their time not limited to a religious holiday. 3. The fact that Adam Montana is calling for something to happen is huge! I have watched this site for two years prior to joining and this is a first time event. 4. On my own estimations, realize I can only go by the info I can scarf off the net and research, the valuation will be between .10 and .86 USD. This is based off of the MO and the possibility of the CBI having deposed of several trillion Dinar during the last year to 18 months. Continue reading please. 5. The life span of an Iraqi Dinar is only at a maximum of 4 years. This takes into account the wear and tear on a bill in country, due to circumstances this is the maximum lifespan of a linen and paper bill. I believe there is a certain amount of obfuscation surrounding the amount in circulation. My opinion only and open to interpretation to those more esteemed. 6. Returning to point #1. Either Adam and every other network "guru" is an absolute liar, in collusion, guilty of fraud, something is about to occur. I wish I could see a 3.00 or higher valuation but the best I can gather from my research is .10 to .86 USD. I do believe it may rise from that starting point. I do believe we will see something happen in the next 30 days. Relax and take comfort in my humble opinion. RichNick
  7. A1911, The information in this article leads me to several other quasi conclusions as well: 1. The increase of rumors that it has already RV'd in country. I believe it is possible that some of these gurus are not totally lying, at least I hope not, and that info has been compromised concerning the rate and date. The gurus info is only as good as the source. If the sources are seeing massive currency sell offs to benefit from the insider information of revaluation then it would make sense to take that a step further and say "it has occured". 2. The date given by most gurus is that it RV'd last Friday or over the weekend. This article says clearly that in the last 3 days the selling of dinars for dollars in non banking institutions began. This corresponds right with the supposed date the gurus have been releasing. 3. All of this leads me to believe it has not yet RV,d. What we are seeing is massive corruption on leaked information. The traders are now stockpiling dinar based on information released to them by government officials, who plan to prosper off of the advanced information. It means we are close but not quite there yet. 4. One of two things will occur. A. There will be an investigation of the leaked info and who is responsible. Charges against them for manipulating the market to financially gain from inside information. This is highly unlikely! B. This will speed up the process as the corruption will be covered and overlooked. The need to expedite the actual change in value will be seen by some to limit the damage and lessen the advantage taken of the uneducated public.
  8. Wow, no thoughts as to whether this sucks ,or might be close to what is trying to be said in the article? With the amount of known corruption in Iraq it seems plausible to me.
  9. After reading this over 20 times, I have a different interpretation. Feel free to correct me if you think I am totally wrong. Here is my synopsis: 1. Three days ago the rate and plan was revealed or discovered by government and local government officials. A. "This process has affected and three days ago at the level of trading of the currencies in central Iraq" 2. They began to trade currency out of their condos and apartments, non banking institutions. A. "source from inside the Green Zone, says that some of the condos with leaders and officials and officers turned to the banks not matching the specifications of the storage of financial because they were filled with U.S. currency the dollar" 3. They are using US dollars to buy Dinar at the current exchange rate, 1170, and doing so by using the fear and ignorance of the local population who has trust in the dollar and no trust in the Dinar. A. "traders the opportunity who make a living on such stages are active in damaging the Iraqi economy and raise the crisis between the people who started many of them converts from its own funds to the U.S. currency, an approach that is almost universal in Iraqi markets you are looking for safety in the maintenance of its financial resources by turning them into dollars and then deal with the new Iraqi currency, Valqnaah that prevail in the market now, that the process of replacement of zeros of the Iraqi currency, which is moving the government seeking to implement it during the period between this month and the end of this year." 4. Currently this is showing no effect on the local economy but will cause problems later when the new rate is understood by the uneducated locals. The locals will be totally urinated off to find.......... A. "It is expected to break out conflicts and problems in society and in the Iraqi economy if the project was carried out without the education and promotion by the government in the media and open channels of its own government to alter the currency and not to rely on the black market and banking companies, which accuses currently being fed the subject of rumors about what will happen with if the project was implemented as a means to increase the chances of speculation by raising the purchase price of the dollar against the Iraqi dinar in the exploitation of blatant ignorance of the public the fact that a step the central bank." 5. The rate of the dinar will be equal to that of the US dollar! There will be an uproar when they find their government officials have not helped them but taken them to the cleaners! A. " a gain is added to the dealers in this matter than profit rate of 100%, where it will be the amount sold by the Iraqi currency and buyer of U.S. currency the dollar is the same amount will buy him the Iraqi dinar once again after the whistle of the Iraqi currency"
  10. After reading this over 20 times, I have a different interpretation. Feel free to correct me if you think I am totally wrong. Here is my synopsis: 1. Three days ago the rate and plan was revealed or discovered by government and local government officials. 2. They began to trade currency out of their condos and apartments, non banking institutions. 3. They are using US dollars to buy Dinar at the current exchange rate, 1170, and doing so by using the fear and ignorance of the local population who has trust in the dollar and no trust in the Dinar. 4. Currently this is showing no effect on the local economy but will cause problems later when the new rate is understood by the uneducated locals. The locals will be totally urinated off to find.......... 5. The rate of the dinar will be equal to that of the US dollar! There will be an uproar when they find their government officials have not helped them but taken them to the cleaners!
  11. After reading this over 20 times, I have a different interpretation. Feel free to correct me if you think I am totally wrong. Here is my synopsis: 1. Three days ago the rate and plan was revealed or discovered by government and local government officials. 2. They began to trade currency out of their condos and apartments, non banking institutions. 3. They are using US dollars to buy Dinar at the current exchange rate, 1170, and doing so by using the fear and ignorance of the local population who has trust in the dollar and no trust in the Dinar. 4. Currently this is showing no effect on the local economy but will cause problems later when the new rate is understood by the uneducated locals. The locals will be totally urinated off to find.......... 5. The rate of the dinar will be equal to that of the US dollar! There will be an uproar when they find their government officials have not helped them but taken them to the cleaners!
  12. Psych, Sorry for being cerebral, just how my cortex is wired. Here is a brief synopsis, I will keep it simple; A. I am only dealing with actual paper Dinar in circulation. Most middle east countries refer to this as M 0. We refer to it as M 1. I am working off the actual cash value of currency in paper circulation, sitting in a bank, hid in a mattress, etc. The US has a M1 of 1.8 trillion, the EU has a M1 of 5.7 trillion, Iraq has a M1 of 20 billion. When the US occupied Iraq they arbitrarily set the amount of TOTAL value of the Dinar at 10 billion. This was reflected in the sale and auction price of .0004. This has risen, with great regulation by the CBI, to double that or .0008. In 2004 a million dinar cost roughly 600 dollars and today it is roughly 1200.00. This has been a "managed float" of sorts. Iraq can afford much more than 20 billion in Dinar on the market. Remember this is what the total of all paper dinar are worth, this does not include electronic funds just the paper! My research has led me to believe that the destroyed Dinar over the last 8 years, coupled with any that the CBI has artificially removed, has put us in a winning situation! Worst case scenario; they keep the same 20 billion dollars backing the Dinar and adjust it to actual paper in circulation it will at least double again. Mid level scenario; they add to the 20 billion an arbitrary amount, remember they will control an additional 100+ billion on thus 30th when the DFI funds are released. We know shabibbi has openly said they have 50 billion in foreign reserve. This added value to a true count of paper Dinar could triple or quadruple our value. Best case scenario; they add to the value, we find out there are less Dinar than has been reported and I believe we could see anywhere from .13 to 1.00+.
  13. KeepM, This is a serious question based on research I have done and I would love your input. Here goes; I agree totally that Iraq CANNOT RD with 24-27 trillion Dinar in the M0 float. I believe there are a couple of variables I have been really looking at. 1. Under Sharia banking the value of the Dinar must be backed by something of intrinsic value; gold, silver, oil, property etc. 2. Iraq has only 20 billion of actual value in the paper Dinar that is, or has been, in circulation. 25 trillion X .00089 = 22,250,000,000. 3. That amount of actual Dinar value is way below surrounding countries. A. Kuwait is valued at 3.60 per Dinar but only has 18.12 billion in paper Dinar. This equals 65 billion USD. B. Saudi Arabia has a low value but has 166.9 billion in currency equal to 46 billion USD. C. UAE is worth only .13 USD and they have 68.76 billion in currency worth 9 billion dollars; they also only have a population of 5 million where Iraq has 30 million. Now this is where it gets interesting, two key points so please stick with me! suppose due to the release of the DFI fund, on the 30th, Iraq then backs the dinar with a large enough amount to raise the value? Say they add an additional 80 billion dollars, which they now have, and you would then divide the 25 trillion into 100 billion to get a new valuation; 100 billion divided by 25 trillion equals .004 or 4 thousand per million. Iraq cannot continue to function on only 20 billion total value of cash in their M0 for a country of 30 million. NOW COMES THE EXCITING PART!! Did you know that the paper currency that the Dinar is printed on has a finite shelf life? Are you aware that a bill printed in 2003-2004 cannot last forever? Is anyone here aware of the lifespan of US currency? If not let me help you a little, these are from the US treasury itself so I think they can be trusted? 1. A 1.00 bill lasts only 21 months 2. A 5.00 bill lasts only 16 months 3. 10.00 bill 18 months 4. 20.00 bill 24 months 5. 50.00 bill 55 months 6. 100.00 bill 89 months Now can any reasonable person think that the bills in circulation in Iraq, with no heat and air condition, constantly trading hands in harsh elements and environment, can last over 7 years?.. There has got to be substantial destruction of many of those notes in country and the middle east. I know our uncirculated bills are in pristine condition but what about the Iraqi carrying them in his waistband in 110 degree heat and exchanging them daily in the market place? If only half are no longer viable bills, destroyed, lost, no longer usable then the valuation is a guess that nobody can come up with except those inside the CBI!! Just sayin I don't believe that 25 trillion number worth squat. Comments please!
  14. KeepM, Last night I challenged you to your comment about whether or not there are actually 24+ trillion dinar in circulation. Around 3 last night I found the UNC article that gave detailed information as to the Turkey LOP. After reading the article and seeing that the median dropping of the zeros is 3, and wrapping my cerebral cortex around the rest of the article, I offer a sincere apology. My battle has been in whether or not there were subsequent printings of the Dinar to replace the worn out bills over the last 7 years. This would be huge, if they were removed and not replaced, as it would greatly reduce the actual amount of physical Dinar world wide. I am amazed at the ineptitude of some to believe in a RV with 24-28 trillion Dinar in the float being able to RV at any actual value. What would prompt anyone to think that even with fractional banking that any country in the world could possibly sustain a 20-75 trillion dollar amount of physical currency in the marketplace? That is more than almost every country on earth combined! My only hope was that the removal of the 000's was that they were being withdrawn over the last couple of years to a more measurable amount of 20 billion. After reading the article from the CBI and their insistence of removing the 3 (000's) and the definitive connection with Turkey it became evident that they are planning a LOP. We can only hope that Shabbibi keeps his inferred intent to bring the currency back to the 70's and 80's amount, after the LOP. This would equate to at least a tripling of most of us in this investment. Those who bought at 1100-1200 per million would see a cash in rate of 3000 to 3500. Accept my apology and know I was not being argumentative against you but rather reading the articles and reports with a slant of they had already been removed during the last 12 to 24 months. Peace Out!
  15. We know the original currency was limited in nature, brought into county by C130 military transport planes. Those planes can only carry so much weight and that limited the amount of total currency brought into country. I will gladly pay 100.00 to any person that can find evidence that since 2003 there has been any further printing of the current dinar. If this cannot be found then we have to ascertain that the currency printed in 2003 is reaching the outer limits of it's lifespan. If this hypothesis is true then Iraq must do something or the money held in country is totally worn out and will soon become useless. Prove me wrong!
  16. In October of 2003 under the occupation of the United States a new currency was issued to the nation of Iraq. It seems compatible that the US would use their own guidelines in issuing a new currency and follow their own determination of what denominations to issue based on the current worth of the currency by denomination. This may give us some insight as to where we are currently as well as the need for a R/V or R/I due to the status of the current dinar. In 2008 the breakdown of currency in the United States was as follows, this is important so stick with me through this. There was 853.2 billion in circulation including federal reserve notes, US notes and currency no longer issued. One has to think that the US in establishing the new currency for Iraq they would follow close to their own monetary disbursement. The breakdown is as follows; 1. 1.00 9.5 Billion 2. 2.00 1.7 Billion 3. 5.00 11 Billion 4. 10.00 16.3 billion 5. 20.00 125.1 billion 6. 50.00 64.7 billion 7. 100.00 625 billion For the sake of time and the reader I will discount the coinage of the US as from what we understand coins are not in circulation in Iraq presently. However for the sake of this discussion in 2008 coinage in the US totaled as follows: 1. Pennies= 1,650,000,000 ( that's right 1.65 billion dollars in pennies) 2. Nickles= 4,332,000 3. Dimes= 14,600,000 4. quarters= 94,780,000 5. fifty cent pieces= 1,700,000 6. one dollar coins= 322,980,000 This totals 2 billion 88 million 392 thousand in coinage in the US in 2008. Or about 2.5% of the total currency in circulation. If we extrapolate these numbers to the Iraqi currency it would be as follows; These Numbers will be based on a total of 30 trillion dinar printed and coined, the exact amount is unknown but we have no information since 2003 that further printings or coinage were included in the budget. This is important as we have a definite lifespan of currency with no know infusion of freshly printed currency!! The coinage represented around 2.5% of the total printed and forged: 750,000,000,000 or 750 billion. These can now be taken out of the equation as they are irrelevant. The 25, 50, and 100 fil coins are worthless at an exchange rate of 1170 to the USD! The eight Iraqi denominations on paper now come into play. If 30 trillion were printed, with the coinage included, this leaves roughly 29 trillion in paper currency left from the original printing in 2003. Paper and linen currency has a limited lifespan and cannot last forever if circulated. Remind yourself that in Iraq the common citizens trade money daily and currency wears out faster due to wear and tear because of no humidification, air-condition, and the fact that mostly men carry currency in their waistbands which endure sweat and changing climate constantly. The majority of bills issued over the last seven years have passed their life expectancy! In the US these are the following life expectancy levels for the US issued currency; 1. 1.00 bill= 1.8 years 2. 2.00 bill= N/A 3. 5.00 bill= 1.3 years 4. 10.00 bill= 1.5 years 5. 20.00 bill= 2 years 6. 50.00 bill = 4.6 years 7. 100.00 bill= 7.4 years Is their anyone on this forum that can defend the position that without additional printing that the Iraqi currency printed in 2003 has not reached it's outer limits of lifetime expectancy? Do you really believe that if more money had not been printed we would not have found it in the budget over the last 7 years? It currently costs on average 6.5 cents per bill to print! I believe that the Iraqi government has hit the wall with the former printing from De La Rue and absolutely has to bring new currency into the equation. The majority of bills printed in 2003 have totally worn out and have been destroyed causing a lack of paper currency byp today. This could be one of the major reasons for the inflated cost of the lower denominations to purchase from traders as the original printing weighed heavily on the larger denominations due to the exchange rate of .00049 when they were printed. We are absolutely correct to expect an R/V or R/I as I personally believe the majority of paper bills printed, except the ones held uncirculated by investors, are shot, worn out, and have gone too far past their life expectancy! Refute that you naysayers!
  17. KeepM, Deeply respect your opinion and follow all of your posts. With that in mind how do we take into consideration the following; 1. Can anyone give a determination on how many dinar were printed in 2004? 2. Considering the deterioration of bills on the US scale, how does that correlate with bill wear and tear in Iraq where they hold many bills in their waistband and they are broken down by sweat and the elements? Can we truly expect them to last longer or be made superior to US currency? 3. With the current exchange rate does it not make sense that the largest denominations, 25,000 and 10,000 get the most use and would be worn out and have a limited shelf life comparable to the US 1.00 and 5.00 bill which the average life span is only 1.3 and 1.5 years? Look, I am the eternal pessimist in this investment but, when you factor in the life expectancy of a bill is less than 3 years maximum on well used currency then how many have died due to attrition? We are 7 years into this and I have seen no evidence of a fresh printing of the Dinar. I do not deny it may have happened, no evidence to prove it did or did not happen. Unless new bills were introduced and the original printing was no more than 27 trillion then it is safe to apply cognitive reasoning which is as follows: 1. Let's say they printed a total of 30 trillion in 2004. 2. Those issued in 2004-2008 have reached their total wear and tear and can no longer be used. 3. Due to the exchange rate which fluctuated from .00049 to .0008 this should have encompassed around 15 trillion of the bills printed that are now worn and of no use. I take an unusual step of faith here and assume like other banks worldwide that worn and destroyed notes are removed from circulation, I may be wrong but make the assumption anyway. 4. After 7 years with the life expectancy of a banknote being only 3 years maximum under ideal conditions that their is only 15 trillion left. If 80% is in country this leaves 3 trillion outside the country, in mostly uncirculated banknotes. 5. With 15 trillion outstanding, at the current amount of 40 billion USD which is the total amount of the original 27 trillion in circulation( do a little research and you will find this is the total amount of the dinar floating at 27 trillion converted to USD) this would translate to an exchange rate of .0026666. 6. This would make one million dinar today worth $2,666.66, or basically worth double the cost being charged the last year by traders. Now let's take the CBI at their word, I know that was funny, and expect them to remove the 3 zeroes from the in country money which stands at around 12 trillion. In quick fashion they could bring this amount down to around 6 trillion, nothing they can do about money out of country. Now with around 10 trillion the exchange rate would jump to .004 which equates to an exchange rate of $4,000.00 per 1 million Dinar. This is all speculation as NOBODY knows JACK as to how many dinar are truly out there. The figures I posted about lifespan of a bill however are issued by the US government and should be fairly reliable. The original dinars issued and actually in Iraq have got to be totally worn out and have been exchanged by now. I rest my case. Love ya and praying for the best!!
  18. Phantom, the one thing we do not know is if there were subsequent printings of the dinar. Another thing most people do not know is the breakdown of currency as we produce it in the United States. I bet there are not 5 people on this site that realize that the one currency we have with the largest total number is the penny! Currently there are over 1.65 trillion in circulation. Since almost all of of the Iraqi coins are out of circulation how many trillion does that encompass? Add to that the obviously now worn and removed notes after 7 years of circulation????
  19. Ok, I have sat on the sidelines and observed for the past several weeks with no comments. This is my take on this issue, if this is a correct translation! Read and follow my hypothesis as to the verbage, which may have a tremendous impact on our investment. Understand the MAIN concern has been on the total amount of currency in the marketplace worldwide, the M1 and M2. If 27 trillion are truly in the float it would be IMPOSSIBLE to have any RV above .01 USD! "In an earlier statement to Alsumaria News, Iraq's central Bank adviser Mothahhar Mohammed Saleh affirmed that the bank plans to remove three zeroes from the Iraqi Dinar noting that the zeroes which were added to the Iraqi currency previously constituted a large money supply estimated at 27 trillion Iraqi Dinar. In an earlier statement to Alsumaria News, Iraq's central Bank adviser Mothahhar Mohammed Saleh affirmed that the bank plans to remove three zeroes from the Iraqi Dinar noting that the zeroes which were added to the Iraqi currency "PREVIOUSLY CONSTITUTED" a large money supply estimated at 27 trillion Iraqi Dinar." The phraseology of "PREVIOUSLY CONSTITUTED" is huge. Here is why if you understand the importance of the specifics of the English language; PREVIOUSLY: (adverb) 1. existing or occurring before something else in time or order; prior 2. Informal acting, occurring, or done too soon; premature. CONSTITUTED: (verb) past participle, past tense of constitute (verb) 1. Be (a part) of a whole 2. (of people or things) combine to form (a whole) If, again I reiterate if, this is a proper translation, it tells us that there is no longer 27 trillion in circulation. It quantifies that there absolutely were 27 trillion in circulation but that is no longer the case. You do realize that the average life expectancy of United states currency is as follows; 1.00 bill= 1.8 years 5.00 bill= 1.3 years 10.00 bill= 1.5 years 20.00 bill = 2 years 50.00 bill = 4.6 years 100.00 bill = 7.4 years Most of us hold uncirculated bills. How many of the actual first print bills in Iraq can still be viable? This article does raise a valid question as to how much actual currency may be viable. For us the less the best!! I pray this is is good translation and that the money, except for that we hold, has totally worn out and has been disposed of! Peace Out! This post has been edited by RichNick123: Today, 02:53 AM
  20. Ok, I have sat on the sidelines and observed for the past several weeks with no comments. This is my take on this issue, if this is a correct translation! Read and follow my hypothesis as to the verbage, which may have a tremendous impact on our investment. Understand the MAIN concern has been on the total amount of currency in the marketplace worldwide, the M1 and M2. If 27 trillion are truly in the float it would be IMPOSSIBLE to have any RV above .01 USD! "In an earlier statement to Alsumaria News, Iraq's central Bank adviser Mothahhar Mohammed Saleh affirmed that the bank plans to remove three zeroes from the Iraqi Dinar noting that the zeroes which were added to the Iraqi currency previously constituted a large money supply estimated at 27 trillion Iraqi Dinar. In an earlier statement to Alsumaria News, Iraq's central Bank adviser Mothahhar Mohammed Saleh affirmed that the bank plans to remove three zeroes from the Iraqi Dinar noting that the zeroes which were added to the Iraqi currency "PREVIOUSLY CONSTITUTED" a large money supply estimated at 27 trillion Iraqi Dinar." The phraseology of "PREVIOUSLY CONSTITUTED" is huge. Here is why if you understand the importance of the specifics of the English language; PREVIOUSLY: (adverb) 1. existing or occurring before something else in time or order; prior 2. Informal acting, occurring, or done too soon; premature. CONSTITUTED: (verb) past participle, past tense of constitute (verb) 1. Be (a part) of a whole 2. (of people or things) combine to form (a whole) If, again I reiterate if, this is a proper translation, it tells us that there is no longer 27 trillion in circulation. It quantifies that there absolutely were 27 trillion in circulation but that is no longer the case. You do realize that the average life expectancy of United states currency is as follows; 1.00 bill= 1.8 years 5.00 bill= 1.3 years 10.00 bill= 1.5 years 20.00 bill = 2 years 50.00 bill = 4.6 years 100.00 bill = 7.4 years Most of us hold uncirculated bills. How many of the actual first print bills in Iraq can still be viable? This article does raise a valid question as to how much actual currency may be viable. For us the less the best!! I pray this is is good translation and that the money, except for that we hold, has totally worn out and has been disposed of! Peace Out!
  21. Because you always double post, consistently misspell and seemingly onlynpost when you are drunk. Capiche?
  22. Another option is just to throw it to forex and the trade community, who will put it at a reasonable trade rate based on nothing more than the economic side of the equation. I have just about given up hope of an RV/RI at this point. Just let the dang currency be valuated at whatever the international community feels like it is actually worth. If we knew how many actual physical dinar were on the market, what the actual M2 and M3 were then investors could give a market approximation. With no real figures and no hard intel it is a crapshoot at this point. Not being a doom and gloom guy, just stating the obvious that no one seems to talk about.
  23. After sleeping on it last night I am even more convinced that the banking regulation changes are the major road sign for the completion of the RV, as far as we are concerned. Has anyone heard of any changes in Canada or the UK recently about their foreign currency guidelines being changed?
  24. Clint, not aware of what you are referring to but, China is not a player in any point concerning the RV. China only has the leverage on the future purchase of oil they may buy and cannot even do that until sanctions are lifted so that Iraq can sell to other nations. By far the US has the greatest investment of any nation on earth in Iraq. I do agree with Texas that the full GOI must be seated and announced prior to a RV/RI. My opinion is that the delay has been because of last minute revelations that affect many governments not only Iraq. Texas, I agree with you about the government being seated prior to any RV/RI. We may not see eye to eye on why it has been delayed but it really does not matter as I am more than likely wrong! I have a hard time believing that Maliki who has been in charge for the past few years did not already know who he wanted to nominate for the positions. Internal power struggles might have delayed it a few weeks but something else, something we will never know, is going on behind the scenes. Again I go to the fact that the team from the US Treasury arrived in country mid February. Now the out of the blue banking changes. Personally I think Maliki will put the nominees forward tomorrow and they will be approved and then boom! Shabbibi puls the trigger. Funny however that the banking changes came today and the RV may occur tomorrow. Makes one go HHHMMMMMM?
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