Sonny1 Chat - 1/26 7:30PM PST

[digital11]

7:33 PM [sonny1] ok as we know over the last 3 weeks the news has dropping hints of a rv

7:35 PM [sonny1] like the article that said we are waiting for a new exchange rate before we approve the budget, and the jan 31st article, and the we were going to change the exchange rate, but civil unrest, and political unrest caused a halt

7:35 PM [sonny1] now as we know the exchange rate is done

7:36 PM [sonny1] how they did it i have no clue, i am surprised, very surprised

7:37 PM [sonny1] the erm will be implemented so when iraq does rv and it should be soon now ( i hate saying that) they wont take a huge exchange rate hit with all the dinar coming back to them

7:38 PM [sonny1] there budget is roughly 80 billion u.s, if they didnt put the erm in place there exchange rate if a dollar lets say, could drop 50 cents with huge dinar exchanged

7:39 PM [sonny1] and there budget would be screwed, and they would be way short

7:40 PM [sonny1] my guys did the math with there budget, and all the infrastructure work they have planned the rate should be around 1.50-1.60, or the euro

7:41 PM [sonny1] now for the chapter 7 guys, i agree 7 is huge for them to get out of, but there is no chance of them getting out, without rv'ing first, they arent get out of 7 at 1170

7:42 PM [sonny1] u.n wont give them 150 billion in cash and assets back at 1170, it defeats the purpose

7:44 PM [sonny1] they have been meeting with the u.n now for the last 3 days, my guess is that they needed the u.n approval on the rate, and they needed to know if that rate will help them get out of 7, and by the budget passing tells me they all are on the same page

7:45 PM [sonny1] and its odd that its coming together 6 weeks before the elections, think maliki is a dummy, think again when this goes down, he will be a hero

7:46 PM [sonny1] i hate saying this, cause in the past it hasnt happened, but the numbers are adding up, we are within a few days to two weeks of cashing in.

7:47 PM [sonny1] imo

7:47 PM [sonny1] in my mind, i could get the call anytime, and it wouldnt surprise me in the least

7:47 PM [sonny1] done

[sonny1]

7:33 PM [sonny1] ok as we know over the last 3 weeks the news has dropping hints of a rv

7:35 PM [sonny1] like the article that said we are waiting for a new exchange rate before we approve the budget, and the jan 31st article, and the we were going to change the exchange rate, but civil unrest, and political unrest caused a halt

7:35 PM [sonny1] now as we know the exchange rate is done

7:36 PM [sonny1] how they did it i have no clue, i am surprised, very surprised

7:37 PM [sonny1] the erm will be implemented so when iraq does rv and it should be soon now ( i hate saying that) they wont take a huge exchange rate hit with all the dinar coming back to them

7:38 PM [sonny1] there budget is roughly 80 billion u.s, if they didnt put the erm in place there exchange rate if a dollar lets say, could drop 50 cents with huge dinar exchanged

7:39 PM [sonny1] and there budget would be screwed, and they would be way short

7:40 PM [sonny1] my guys did the math with there budget, and all the infrastructure work they have planned the rate should be around 1.50-1.60, or the euro

7:41 PM [sonny1] now for the chapter 7 guys, i agree 7 is huge for them to get out of, but there is no chance of them getting out, without rv'ing first, they arent get out of 7 at 1170

7:42 PM [sonny1] u.n wont give them 150 billion in cash and assets back at 1170, it defeats the purpose

7:44 PM [sonny1] they have been meeting with the u.n now for the last 3 days, my guess is that they needed the u.n approval on the rate, and they needed to know if that rate will help them get out of 7, and by the budget passing tells me they all are on the same page

7:45 PM [sonny1] and its odd that its coming together 6 weeks before the elections, think maliki is a dummy, think again when this goes down, he will be a hero

7:46 PM [sonny1] i hate saying this, cause in the past it hasnt happened, but the numbers are adding up, we are within a few days to two weeks of cashing in.

7:47 PM [sonny1] imo

7:47 PM [sonny1] in my mind, i could get the call anytime, and it wouldnt surprise me in the least

7:47 PM [sonny1] done

wow i could sure use a dictionary, sorry was real tired.

[jocko129]

Sonny1 you always been rellist

[Earnest T Bass]

I would totally disagree with your rate assesment. Look for $3+ myself.

[emnewt]

I have to agree.. i think it will be closer to 3.00

[nmcneill]

I agree with sonny. A rate of $1.49 is more likely..

[shannybelle27]

Sonny I think your right on target...You are awsome :-)

[mrparrot]

I'm sticking with my initial rate estimate of between $1.85 & $2.15.

High enough to be useful and low enough to reduce the risk of hyperinflation.

[bjdksl]

I sure hope that something great is about to happen, thanks for the great post! I'll take anything from one dollar to three dollar.

[NFL]

Right on mrparrot

[brokendiver5]

I think O will announce release of chap 7 tonight in the speach. He has a huge ego also. And he needs a boost right now.

[CaptainJack]

Makes sense ... guess time will tell. Thanks Sonny1!!!

Alot better than TK's secret super software story.

[skelllley]

yea what he said!

[mrref]

I don't care what it is as long as it RV's

[Adam Montana]

lol @ super secret software

[jwb]

oops, I posted this already in the wrong place :-( Sonny, I've missed something, HOW do we know they've set the rate?? Does that mean it's locked in (for now) or could it change before the RV?? THanks a lot.

[david43]

Thanks Sonny, Your information is always good and I have a lot of respect for it...........Keep up the good work.

[charlie911]

thanks sonny!!

[mrs.fulgham]

Great news

[shiggy]

Thanks Sonny

[zfish05]

very good news. thank you

[zfish05]

thanks for everything sonny