Franks Conference Call w/Delta Replay from Monday @ 7 pm est 02/18/13
Call 760 569 7699 pin156996# run time 151:57 MP3 Link
Delta comes on at 38 min mark
11:19 AM [duffy2] 02/18/13 Delta said on Franks Call .. He believes that a free float will never work for Iraq because Iraq only has oil to export and oil is tied to the dollar so a country like Iraq the free float will never work ..
IMF stated no one can manipulate their currency ... Delta believes when the rate comes out it will basically shock alot of people in a good way .. I might be wrong !! I like to give you one last thing to think about ..
Iraq told the CBI they are going to print 28 billion dinar .. with a population of about 32 million people with a GDP of about 120 billion for the year .. in order to do that the rate has to be over $3.00
.. everyone will be happy .. don't listen to those articles .. Iraq government and the media did a excellent job misleading alot of people nation wide and around the country.....