Brietling Chat from another Site

[john1025]

3/14/10 12:30am pst

Cactus906: I don

[twestbrook]

Great to see another post that supports the March 24 or before theory... Thanks john1025 for posting.

[sandak]

They might not take the dinar but they will take the billions in USD they get from oil revenues - since oil is done in US Dollars. They dont have to rv to pay this loan.

[sandak]

How did Iraq pay back the other loans?

[jocko129]

good post and easy to read

[ronscarpa]

John1025 & Twestbrook,

If I'm not mistaken, Iraq hasn't actually taken the loan, but are considering it an available line of credit. I believe Adam knows if it was taken based upon available data. I tried to find the repayment schedule that was previously posted (link was here) and looked at the IMF site without success. However, I remember clearly seeing that all the balances were zero, which effectively nullifies the conclusions by breitling. I would like to have the IMF press them to RV soon; however, I believe they (Iraq) have a number in mind and are holding out to RV there (and I suspect it is higher than the IMF number). If they actually didn't take the loan they can value it where they wish - IMO.

Blessings,

ROPN

[tiremam]

all we can do is sit an wait

[DmsC]

John1025 & Twestbrook,

If I'm not mistaken, Iraq hasn't actually taken the loan, but are considering it an available line of credit. I believe Adam knows if it was taken based upon available data. I tried to find the repayment schedule that was previously posted (link was here) and looked at the IMF site without success. However, I remember clearly seeing that all the balances were zero, which effectively nullifies the conclusions by breitling. I would like to have the IMF press them to RV soon; however, I believe they (Iraq) have a number in mind and are holding out to RV there (and I suspect it is higher than the IMF number). If they actually didn't take the loan they can value it where they wish - IMO.

Blessings,

ROPN

I think that in News forum a few days back there was an article that said that the Loan had been disbursed, So I would think if that article was correct they did take the loan could be wrong though.

[XBarbarian]

thank Ron good analysis

[dprowler]

Thanks for the post. Nicely done.