Delta – Mailman & TD
9-17-13 Delta: Still feeling good about Sept; intel is still consistent, the IN-country rate in Iraq is still expected to be $0.86 – $1.16 for several years with a managed increase IN-country;
there is a National Meeting scheduled for Sept 19 and there is a tremendous amount of activity going on behind the scene,
international investors are pouring in to Iraq, Maliki is signing anything and everything put in front of him, the MoF are very busy and very covert – many meetings occurring in hotels to keep quiet; again, the WTO issued the entry invitation.
9-17-13 Delta: Still feeling good about Sept; intel is still consistent, the IN-country rate in Iraq is still expected to be $0.86 – $1.16 for several years with a managed increase IN-country;
there is a National Meeting scheduled for Sept 19 and there is a tremendous amount of activity going on behind the scene,
international investors are pouring in to Iraq, Maliki is signing anything and everything put in front of him, the MoF are very busy and very covert – many meetings occurring in hotels to keep quiet; again, the WTO issued the entry invitation.
9-17-13 Mailman17: A FIXED BUDGET IS WHAT IRAQ MOST LIKELY HAS TO OBTAIN…BASED ON A FIXED RATE. I RESPECT THOSE WHO SUGGEST A FLOAT, BUT I STRONGLY DISAGREE THAT IRAQ WILL GO THAT ROUTE.
THOSE COUNTRIES USING THE DINAR AS FOREIGN CURRENCY RESERVE, WILL NEED A STABLE RATE OF EXCHANGE TO MAINTAIN THEIR OWN BALANCE SHEETS AND THE IMF IS PROBABLY SEEING IT THAT WAY AS WELL.
THAT DOESNT MEAN THE DINAR WONT GO UP IN VALUE. WE JUST WONT SEE IT AS THE M2 WILL ALSO BE ADJUSTED MINUS THE 3 ZEROED NOTES.
AND, WHEN THAT IS DONE DOWN THE ROAD, WE AS INVESTORS WILL BE A THING OF THE PAST AS THE ONLY ONES TO TAKE ADVANTAGE OF AN INCREASE PAST THE 1-1 WILL BE COUNTRIES.
IRAQS M2 WILL THEN ONLY REFLECT THE NEW NOTES IN PLAY…ALL THE LARGE WILL BE A FOREGONE CONCLUSION UNLESS YOU’RE A COUNTRY…WHICH WE ARE NOT. AS ALWAYS…JMO.
9-17-13 TD: It’s very, very quiet. In couple days another meeting to see if the blocs can come to unison. Then parliament takes upon remaining laws to pass September 24th +. We shall see if with a week left after that things needed do actually get done.
My source says we are 50%-50% by the September 30th/October 1st date I gave you.
I see now that FINALLY others are coming around to the deletion of the zeros project meaning taking the exact route of countries as Turkey, Lebanon, Peru, Bolivia, many others with currencies with lots of zeros and the net outcome being about a 30-35% ROI.
AS a matter of sound rumor my contact says that Iraq has been coordinating the Turkey model and financial & banking experts from Turkey training the Iraqi’s on their model.
And BTW, some…say the Turkey program was a disaster. Go check out their economic growth in the internet. They are booming and a great role model.
Some are still saying the increase in purchasing power will only be in country Iraq and we elsewhere will gain so much more. DON’T BUY IT!! It will be across the board globally.
