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  1. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Babysmom THE PRESIDENT OF THE REPUBLIC HAS NOT SIGNED THE DOCUMENT. HE MUST SIGN THE APPROVED BUDGET IT THEN GOES TO THE GAZETTE FOR PUBLICATION. HOWEVER THE CBI CAN CHANGE THE RATE ANYTIME THEY WANT. THE PRESIDENT OF THE REPUBLIC HAS 15 DAYS TO A FIX HIS SIGNATURE. THE PRESIDENT OF THE REPUBLIC IS STILL OUT OF THE COUNTRY IN BOLOGNA [ITALY]. ON FRIDAY THERE IS A LARGE CONFERENCE WHICH WILL BE HELD IN I BELIEVE LONDON AND THE TITLE OF IT IS, "IRAQ OPEN FOR BUSINESS". THIS IS QUITE GOOD NEWS... Walkingstick The exchange rate can be flipped liked that [snap]. 1320 to 1300 - you didn't even see it. If they want to go from 1300 to whatever other rate like that [snap] it can be done and it shall be done and it will be done. It is a fact even though this fact is IMO. The exchange rate can be flipped quickly because the RV calculation phase already has the numbers for the budget at any moment. MarkZ Question: What is your take on PPN Dallas saying he got an internal memo from Chase bank to all wealth managers? Answer: I got sent that memo several times as well…that they are expecting a lot of new millionaires over currency stuff…. I think it is accurate. I think it is true. I just don’t know what it means for us on timing. But, our best days are ahead….This is pure BS, because I have multiple Chase Accounts with significant holdings, and there has been NO word from my wealth managers in Las Vegas or in Florida, with whom I have close relations and know I hold a substantial quantity of IQD..! RON Pimpy There was a change to the exchange rate. Yes you heard it. They changed the Iraq exchange rate. Sure enough it was in there and yes it went in the right direction. Article quote "...the budget set the exchange rate for oil revenue in US dollars at 1300 dinars per dollar." So we shaved another 20 dinars off the exchange rate. I know 20 dinars is not that big of a deal but anytime we're taking a step in that direction I'm going to celebrate it no matter how small...Keep removing the amount of dinars you get per dollar, that's what we want...like I said it's going to happen in increments. Hopefully a much bigger step next time but I'll take it...take the W and be happy with it.
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