Oil agreement between Baghdad and Erbil will be presented to Parliament!

[George Hayduke]

Russia, Syria and Iran begin to build a coalition and suddenly Iraq decides to get its homework done... 

[DWitte]

Russia, Syria and Iran begin to build a coalition and suddenly Iraq decides to get its homework done... 

Be careful George.  You talking too much sense.  Do you know more or maybe even just something else?

[jg1]

Bump. come on baby we have momentum. geter done

[boosterbglee]

I think we can...I think we can...the little RV that could!   Fingers crossed! 

[precious1]

Oh yeah!!!!

[George Hayduke]

Be careful George.  You talking too much sense.  Do you know more or maybe even just something else?

 

I'm little more than a casual observer of geopolitical events in the M.E. since the the Yom Kippur war in '73.  I've lived and worked in the M.E. for a number of years and seen first hand the success of moderate Arab governments.  My opinion is that Baghdad has always wanted to join and eventually lead the GCC but could never get their act together.  However, with Iran about to receive a multi-billion dollar windfall in part because of secret negotiations with the US brokered in Oman just across the Strait of Hormuz and Iran, Baghdad is waking up to the reality that the Persian Gulf may soon become the gulf of Iran. Regardless how much oil Iraq has in the ground, it's worthless if it can't be brought to market.

 

Personally, I think the gold rush is on and Iraq will do everything it can to modernize an energetic seaport in Umm Qasr while simultaneously developing a GCC financial center that will mitigate Tehran's Jihadist efforts.  Ultimately, I believe Baghdad and modern Babylon will replace Dubai as the wealthiest M.E. show country.

 

I think it is inevitable for the Dinar to increase in value but whether or not it is the Dinar we hold in our little hands is yet to be determined.

 

I think we'll know in a relatively short period of time.     

[Carrello]

Thanks, George.  Good to see you on the airwaves!  Care to expand on your comment "whether or not it is the Dinar we hold in our little hands is yet to be determined."

 

 

Thanks, Yota.  You are one of the best in the biz.

 

Edited October 21, 2015 by Carrello

[climber7]

Dude!  (George Hayduke)   the quote didn't work on my post

 

How refreshing to have an actual insightful and informative commentary on this subject rather than the silly nonsense that so many post here.  Please post your thoughts and insights more often!

 

And,like Carrello said......what did you mean by your comment regarding the dinar we hold in our little hands?

Edited October 21, 2015 by climber7

[SnowGlobe7]

Good to see ya Carrello!

[George Hayduke]

Good to hear from you too C-gal - keep that golf cart polished up for the bar crawl to Joe Josts for a post RV pickled egg   

 

As for the Dinar we hold in our little hands  (maybe I should have said dainty for you, Carrillo  )  all I meant, is that after reading (for years and years) the possibilities of the currency changing form, faces, denominations and security features the one possibility that is seldom addressed is an altogether new currency issued representing the value of 'The New Iraq' and exploding GDP once IMF restrictions have been lifted.  This probability can be debated ad-nauseum but it is still a possibility.  'IF' it did occur, the remaining question would be how would Iraq honor the value, if any, of the Dinar we hold.  Would it be the value of the pre-IMF lifting of restrictions, say 1160 or thereabouts? Or, would it be sorry Charlie, too bad so sad, thanks for playing...

 

Just musing - that's all 

[Freedomwish]

Russia, Syria and Iran begin to build a coalition and suddenly Iraq decides to get its homework done... 

 

I had thought somewhat the same on this - add also, then the President of China is in the UK this week on that intro of the Yuan into that basket of currencies thingy........2016 is looking to be the wildest year ever on a global scale if I may say so!! Yup!! 

 

     KEEPING THE FAAAAAAAAITH!!!!  :praying:

[blueskyline]

Thank You Everyone...

[Reelemfast]

Wow, just another exciting day in Iraq. I don't get excited, I don't think

anybody gets excited anymore. I'm going to keep praying though.

Maybe the camel juice is getting better, I hope so, I'm sick of waiting.

Now lets see if they can get it together, and start the economy with some

value on the Dinar.

GO RV

[Boozer]

Im not running out buying a new truck just yet, Last week the news was starting Over from square one with  HCL. this week going to the house, Been in this to long to jump up and down Just yet.. FAT LADY need sing me a sweet song first... THANKS for the GREAT news I was in need of a pick me up...

[moose 57]

Im not running out buying a new truck just yet, Last week the news was starting Over from square one with  HCL. this week going to the house, Been in this to long to jump up and down Just yet.. FAT LADY need sing me a sweet song first... THANKS for the GREAT news I was in need of a pick me up...

I'm with you on this!!!

[AJC]

Thank You Yota for the good news today !!!!!

[Dwaves]

I'm still trying to find the link to the news source, where did this "news article" came from... ?

 

Any help would be appreciated.

 

Thanks in advance.

[davis411]

what did i miss

[Gaet028]

Hope for the best Yota.....

 

Cheers

[SnowGlobe7]

what did i miss

 

Hey Davis....nothing really....(HEE HEEE HEEEEEEE)

[Shedagal]

I seriously get tired of agitators on this website.

[rkp]

tuesday

[magawatt]

If Iraq floats the dinar, it could well bounce around like crazy and take all of six months for its actual value to be established. So maybe they should float now to be safe- just a suggestion.

[Linda]

Thanks for the smiles...closer every day...

[siberian_shaddow]

Much appreciated Yota, Night, will that become the HCA and then later become the HCL, or are they going straight for the HCL this time.