1-15-13 Delta: We don't know the date or the rate for now, but as far as the rate, I believe it will unexpected, good unexpected, numbers that we never thought about, good numbers. It could happen any day we don't know, but for the CBI to do Saturday auctions, something has to happen.
Please take this as rumor and speculation. We are going to see the RV, they will get out of Chapter 7 and then Maliki out of power unless he plays it smart and he starts kissing cheeks. I hear we might see something this week, the next 3 or 4 days, anything can happen. It's all good, interesting news.
1-15-13 Frank26: The CBI requested that the banks open up, if they wanted to on Saturday. There were many reasons why. It seems a lot of them did and they did hold auctions. We pray that the rate is in the 2013 budget. When will they release the 2013 budget? Do we see evidence that they will stay on course for tomorrow (Tuesday)? No. The budget was to be passed tomorrow, they came extremely close, within 48 hours, but they wisely held it up for many things to occur.
So what is the latest thing they have told us? They want to get it done by the end of this month. Does this look like the same pattern as last year? There is a difference from what took place last year; there are no Standby Agreement funds to keep them afloat. After February 23, they will drown. If the citizens of Iraq do not see the rate in the 2013 budget by February 23, all hell will break loose and they will go after Maliki.