FREEWAY BILL: I was so glad to see Dr T. post that earlier. I refrain from posting rates, but the 3.68 rate never felt right to me given all of the information that Shabibi desired a higher rate.
b5blu: FREEWAY BILL how do you feel about the information from today?
FREEWAY BILL: I believe about 75% of it. I feel we will RV before Monday, I am not sure that I can say I am going to stay up until 2 a.m. to see an RV tonight, but I might. I honestly believe we are as close as we have ever been for sure and I agree with Dr T on the higher rate....
FREEWAY BILL: Iraq was removed from the Hold List, their currency is now non-restricted currency in US Banks and Visa has set up shop in Iraq .... all good signs to me
Gsharperson: FREEWAY BILL , what did he say about the rate?
FREEWAY BILL: Someone have it to post? He put the rate closer to between 6-8 dollars which I agree with.
flcjr: Are we hearing whether the rate is pegged to the USD or GBP
bikernick78: flcjr I believe everything that is being posted is USD
FREEWAY BILL: bikernick, you may be right, but that is not what I am hearing with all due respect.
JLarsen: FREEWAY BILL ... just curious on your take.... my thinking is that those higher rates could cause issues with the neighboring countries as their rates would be so much lower..... unless of course they are all in the basket to revalue too?
FREEWAY BILL: JLARSEN, we don't know who is in the basket... but I don't think that Iraq cares about neighboring countries. I think Shabibi really wants the rate high and let the othe ME countries follow suit if they want. IMO
FREEWAY BILL: I think we all may be right. I think it has RV'd, but the activation is taking a little time.
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JLarsen: FREEWAY BILL I think the one country Shabibi would care about though would be Kuwait.
FREEWAY BILL: JLarsen, I think they do care about Kuwait but Kuwait will benefit from Iraq coming into it's own
Shoelady: Do we have a positive RV tonight???
FREEWAY BILL: shoelady, positive? like guaranteed? NO
More Freeway Bill
FREEWAY BILL: b5blu, I am always reluctant to post like a "guru" unless I can confirm it 100% and that is always hard to do, but Poppy2 just confirmed it for me. He is absolutely right on the money!
okstate57: FREEWAY BILL : what you are agreeing with Poppy including losing their WTO status and falling back into Ch 7 status?
FREEWAY BILL: absolutely, I heard this and it made sense, but I didn't put it out there because I could not find anyone credible to confirm. Poppy2 must have.
For Reference Poppy2 post Freeway Bill is referring to:
[poppy2] ok guys i will explain why i am so very positive the rv is now this week and why i have my dinar and bags pacjked ready to cash in. i have solid government agents that have informed me that iraq looses their wto status and they also fall back under chapter 7 sanctions as on saturday night if the rv isnt completed . this is why i am so positive of the rv at this point they sure dont want to go backwards. poppy2 OKIE SCOTTYG AND SEVERAL OTHERS INFORMATION LINES UP PERFECT WITH WHAT I HAVE BEEN GETTING ALL WEEK. JUST SMILE AND GET READY. POPPY2