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new york kevin

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Everything posted by new york kevin

  1. DT and Crowd, I hope you are right, I really do. I am so ready as is everyone for an RV.. Below is an article , with a link that points to another giant step in the right direction towards an increase in value of the IQD; unfortunately not until possibly June 2014 or a little later. Maybe it will increase in value once the Iraqi Federal Budget for 2014 is passed, if they actually included a date and rate in this budget. Then there is the CBI concern about the counterfitability of the IQD that apparently needs to be worked out before a increase in value for the IQD. Capital Banking Solutions to Supply Sumer BankPosted by Iraq News Journal on Feb 14, 2014 | Leave a Comment Thursday, February 13 2014 Capital Banking Solutions, a provider of end-to-end banking software for retail, corporate, private and Islamic banks, has announced that Sumer Commercial Bank has selected CapitalBanker as its core banking system to be implemented in over 10 branches throughout 2014. With Sumer Commercial Bank as the 5th Iraqi bank to sign with Capital Banking Solutions, Capital Banking is now a front-runner in the local market. The agreement was facilitated by Middle East Systems and Software Company (MESSC), Capital Banking Solutions’ Iraqi partner and distributor specializing in the implementation of IT solutions for Banking and Financial Services. Mr. Ahmad F. J. Al-Mukhtar, CEO of MESSC, said: “With Sumer Commercial Bank’s growth plans to open up two new branches it was essential they had a solution that would empower them to be more flexible and efficient. “Having implemented CapitalBanker at several banks, we felt that the robust product in combination with our local expertise, was the ideal solution to enable Sumer Commercial Bank to meet their business goals.” Mr. Fouad Hamza Al-Saeed, General Manager at Sumer Commercial Bank, said:“Servicing over 10,000 investment banking clients, our goal is to centralize information about the customer and continue to evolve our services in accordance with new banking advancements and standards such as internet banking, mobile banking and government regulations.“With limited resources it was important to replace our internal system with one proven in the Iraqi market. By deploying CapitalBanker in June 2014, we will gain a fully hosted, flexible solution with end-to-end bank automation capabilities, reduce operational costs by eliminating manual processes, and mitigate risk by keeping current with government regulations.”
  2. I was watching some financial news from Australia on CNBC, they had a segment it said that the USD is under pressure from its major competators on the Forex such as Japan, Yuan, Rupee. and Australian dollar while QE programs in all of these countries are dialing back (US included). They also said that even with the recent safety challenges facing a large part of the ME, (and Iraq) that the ME remains a positive place of investment given tourmoil in the smaller emerging market countries. To me, this seems encouraging for those of us who are in the IQD as a investment as it shows where the money is trending. Do your sources agree with this thinking? Also, can the larger competiting countries be involved in this as a formula by which Iraq can lower its RV costs or is this thought more of a common conspiracy theory on my part?
  3. i am excited also- what if this does end? what if gets delayed? what if it passes but with no rate or rv in it? i know. we wait longer-
  4. Benjamin NutnYahoo: From what sources can i get the same info por favor. I may have blown $25, but I still want the info. Any help from anyone will be appreciated.
  5. This ain't good at all if accurate. Maliki is more impotent than I thought. Good move getting innocent people out of the way, but if your intelligence is telling you the enemy is coming in xyz possible places where are your battle plans?
  6. Looks like this article dusts off very well. King Bean whats going on in the world, I find myself agreeing with you alot today. I always thought that Barzani should be PM since he has shown that he has more balls than Maliki to fight politically and militarily. Why else was his region safer long before the rest of Iraq was "safe". He often states that his outside agreements, though outside the federal control of Bagdad, are made in conjunction with the Iraqi Constitution and other agreed upon agreements that Maliki and the feds are holding back on for mysterious reasons. Mysterious reasons that seem to enhance Maliki's own political control of Iraq without donning the Dictator garb I suspect he has been fitted for.
  7. Heart attack, cramping, and ED ! If true, perhaps this is the way to introduce a negotiated settlement to the situation since he does not have the Command presence to actually coordinate an intelligent multi-staged attack on his own soil. Is he really going to try for a third term. Why re-elect him if he and Iraq's military cannot deal with a ill-equipped yet coordinated "gang" presence.
  8. Hopefully they don't accidently get shot in the head by an unknown person/persons on their way back from the Airport. That would be Maliki's worst Saddam move yet.
  9. As far as training is concerned the article does say after seven pilots were trained on them. So I guess we will be training them or the manufacturer will.
  10. Keep is alive. Still not saying anything, but above ground is good. Sup?
  11. Howdy pardners: I am of average intelligence so I bought the ISX Report from you know who. I received it, now what? I think I am burnt out from figuring out how to navigate through this stuff. I simply wanted to access the ISX to view its daily activities. Spot trends, in a most unsophisticated way, suff like that there. Why, cuz I do not have the cash right now to invest on the ISX ... till after a RV. Nor do I have the moola to pay the fees that are needed to get onto the ISX. Any intelligent feedback, good or bad will be appreciated.
  12. Stupid is as stupid does. Captain John be correct me thinks. Tony be hittin the grog a wee bit much says I.
  13. Doc, good to see you. Hope you had a great Christmas and a Happy New Year. Didn't the CBI and Parliment recently agree to delay the sale of government bonds till 2015, to better improve access to Iraq's financial system? I recall they decided to do something along this line. Also, I agree with Doc on this one.
  14. Call me stupid (KEEP ... DON'T . ) but didn't they say that they were defering Bond sales to sometime in 2015 so they can improve access to Iraq's financial system or some such detail ? So is this article fluff or nuttin?
  15. Read the article, and now just woke up. There be a lot of long words in there and we be not but humble pirates.
  16. If it has crashed, as I wrote above i'd say the governments already are putting a stop to that. Give me gold, silver, platinum, I can smuggle that over a border if I needed to. God might not bless that though.
  17. There has never been a single best piece of intel given. Just a whole stinking bunch of REALLY GOOD steps forward in the right direction (some moon walking). Getting our boys outta harms way has been great, removal from Chap 7 good, all the detailed infrastructure and economic rebuilding good. Now an RV at a great rate would be an answer to prayer, and would be the best piece of intel. Gooooo R.V.
  18. What little I know about bitcoin is that I don't understand the facinitation about them. Why invest in a coin that is not backed by a stable government or minted in a pure refined precious metal? At least if you buy a $25.00 U.S. gold coin even if the gold market tanks it will be worth $25.00. In the mean time it will be worth whatever the market rate per ounce gold is, above and beyond the face value of the coin. Bitcoin, a private currency, backed by private people, competing with a world of national currencies? If they crash what can little me and you do? I can only imagine that the governmental forces against bitcoins success are huge, huge, huge. Why allow a private curency to circulate inside any country's economy giving that county's currency competition. Investing in gold or silver sounds simpler to me, if you got the cash for that.
  19. Not sure if I understand this article correctly due to the translator software used, but this guy who is running against Maliki is advocating for Maliki to do nothing in Anbar, and other troubled areas, least he looses and has shoes thrown at his face. Sounds like to me this guy has no senses whatsoever. He sounds like he is promoting treason. If Iraq is to be the jewel of the M.E. in the 21 century Maliki or whoever gets elected must be decisive and take action against those forces that would weaken Iraq and possibly result in breaking up Iraq. This opposition candidate must be secretively backed by the Saudis me thinks. What Maliki needs to do is mass an overwhelming force, with an array of weapons, and take Anbar back. Negotiate no more with the two faced enemy. Appeasement will get Democracy in Iraq nowhere, that would be like saying to the cancer in your body if I promise not to excise you from my body, and you promise not to spread to other areas of my body that we can live together. Forgetting that would be against thevery nature of cancer. Since the opposition raised arms against Maliki and thereby Iraq, and chose not to funnel their anger into a well oiled political opposition machine, and laws, they deserve no mercy. Remember they even killed their own citizens and neighbors in the name of their cause. Thanks for that guys. Again, Maliki should surround the embattled provinces with an overwhelming force, leaving the tinniest temporary corridor of escape back into Syria open so the enemy can retreat their sorry little butts back there. Once the Commander in Chief of The Iraqi Armed Forces starts their march to reclaim their territory kick butt, take prisioners, kill those who won't surrender or turn tail and run, When they reach a certain objective then cut off the corridor of escape and then meet in the middle. When this is achieved, then restore law, restore the towns and homes of the innocent, prosecute the prisioners and enforce the judgement. Then reconcile with the people of the formerly embattled areas, including Sunni's in the future of Iraq. Stop blaiming them for the things Saddam did to the Shites and move forward united for the glory of Iraq. Don't get caught up in the geo-political snares set out by Saudi Arabia or Iran. Saudi Arabia has had great successes battling against the Irannian influences in the region, and yes done all behind closed doors. Who do you think has been financing and training the majority of the rebels in Syria against Asad (or however you spell his name)? Why? So Iran is stopped in its tracks, so Iran cannot be the top regional power player they want to be, and so Saudia Arabia can be that ultimate power player. They, along with western sanctions, plus other influences, have so severely weakened and drained Iran that Iran is now begging to be allowed to return to trading in full their oil on the world market. I imagine so they can refill their coffers, like the Saudi's can do now, and get back to their M.E. mud slinging.and claming down their people and feed their population; lower their inflation rate etc. But Iraq, who is Shite and not Sunni like Saudi Arabia also wants to be a power player in the M.E. Hmmm, competition in the eyes of the Saudi's says I. What to do. Get the rowdy successful Rebels in Syria (that they finance/train) to filter into the Sunni areas of Iraq and well do what they are doing. The fact that the USA is quickly becoming a oil power house, soon to be a net exporter of oil to the world giving the Saudi's, Iran, and Russia competition like never before, can only solidify our non-colonialism influences in the M.E. , and benefit our buddy Iraq. If Iraq boots them out, they will be seen as stronger and more capable country in the area then in the recent past. Sealing their sovereignty, as they patrol their borders, enforcing their laws, and promoting their influence in the area. The fact that Iraq, now has the most economically diverse economy in the M.E., and are still building that up, still refining it means better things are yet to come. Hopefully that translates into a R.V. in April 2014 or no later than June 2014. Maliki get the bums out NOW ... and RV this thing.
  20. Finally and article that re-states what I have been hearing for quite sometime that was poo poo-ed by nay sayers. Do I need to name names? I now refer to the "This project will lead to reducing the proportion of the national currency in circulation from four billion to one billion." With the value of the IQD at 9 billion now resting on 4 billion notes of national currency in circulation, soon to be resting on 1 billion, if the CBI keeps this money supply remaining at its current rate ... what other proof do yopu need that this is a hard managed float? Proof was there when it went from 30 billion down to 9 billion notes. When it gets there (1 billion notes) it has to pop. The only question would be at what rate will the CBI value the IQD at then? History shows us that last time IQD was at 1 billion notes was under Saddam and the rate it could sustain then was $3.00 US plus per IQD. The GOI and the CBI don't have to increase the value to that $3.00 rate but they could, and they could sustain it. So hopefully it will come out at something closer to $1.00 with thew CBI doing a semi managed float, semi market rate float... up to $3.00. IMHO
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