[crossways] I woke up today feeling good about today. There is like a spirit of expecting! Wooo hoooo!!! Bring it, Lord!!!!!!!
[cruiser] GM all. Wow how a day changes people. This week will be filled with a lot of expectations and tons of news. Do not drive yourself crazy. Just sit back and let things happen. Please, Please, Please stay grounded. I have a very busy day. I will try to be on tonight.
[prissynell] The big question is: when the chapter 7 is removed do they need an RV first or After?
[2012jesus] prissynell first
[prissynell] Chapter 7 is to be removed on Thursday this week
[weimar_police] prissynell I have always heard that they can not do chap 7 without an RV first
[prissynell] well then that is great news for us
[2012jesus] prissynell most of chapter 7 is already gone ,,
[prissynell] bamanana very true
[prissynell] 2012jesus I think the final ending of Chap 7 comes the 20th
[MtnStar] prissynell logically one knows an RV would quickly make finances stronger - but Iraq has no say in the RV so it is just in play for the outside decision makers
[flashing] prissynell it is going to be simultaneously
[prissynell] flashing good news
2012jesus] prissynell i think 20th thursday or 21th Friday
[prissynell] 2012jesus what about Prior like on the 19th. then they walk into the meeting ready to pay contractors and have a good rate. Tuesday thru Wednesday
Read More Link on Right
[bamanana] Well, one thing we do know, no one ever expects it on a Monday, so........maybe today is the day! Lol
[mbillions] Arab Monetary Fund: Iraq depends managed float regime for currency exchange .
Stitch] mbillions what say you about the possible managed float?
mbillions] I am not sure everyone can stomach a managed float... but I will be happy for this thing to just pop...
blessedandhighlyfavored] mbillions I would love for us to have a managed float. IMHO, it would be better for us because everyone will get the same rate. If not, some people will run for anything such as $1.00 and people are worth more than that especially if you have been in the game for a long time.
[blessedandhighlyfavored] mbillions We need to remember to negoiate regardless what the rate is. I am praying people do not run for 10 cents if it comes out low like that because the next day it may come out to 10 dollars and you would really be mad with yourself. We just have to wait and see and make common sense choices.
[mbillions] blessedandhighlyfavored There are so many different variables... We just have to wait to see how they bring this baby in...
[~healthy3] wont the codes give us more even with a float? gm. on phone
[mbillions] ~healthy3 ~healthy3 I don't believe that the codes have been confirmed or denied as of yet...
[BigB] My advice is to be prepared either way. Kind of like being prepared for it to RV at $.86 or $22.00!
[BigB] If we just think about this a minute. This is controlled by all the politicians of the world, banks and big business. Can you really trusta nay of them to do what they say when thay say? And the ride continues.......
[captaincaveman ] I particularly like the second to last paragraph . http://www.aknews.com/en/aknews/2/326585/?AKmobile=true
[blessedandhighlyfavored] captaincaveman I smell a RV !!
[flashing] Hi gm. This was posted yesterday:[TERRYK] 3.86 is what i got yesterday [terryk] .0032 in the gazette [terryk] treat as rumor [terryk] well got that two days ago [terryk] we did verify that the low denoms are out [terryk] but not of any value
[flashing] As per Terry K the vnd $.62
[blessedandhighlyfavored] flashing I pray Terry K is correct on the VND because I am ready to run
BigB] captaincaveman 2012jesus Has there been any conversation concerning the floating rate per Blaino?
[captaincaveman ] BigB its my understanding that Iraq cannot get out of sanctions unless they have a revalued currency rate of at least 1:1 to the USD
[BigB] captaincaveman Agree - I was floored by his call last night.
[Jeff] captaincaveman how can Iraq export oil if they are still under Chapter 7 or is Oil exportation a special circumstance?
captaincaveman ] Jeff I'm not sure on that
[captaincaveman ] Gonna be a great week. Hopefully the best week of our lives. :cheers: to New beginnings
[captaincaveman ] Parliament is supposed to vote on the infrastructure bill today. Also supposed to sign the HCL today. Talabani back in Iraq. Maliki leaving for UN meetings. Barazani touring Europe with no details given on what his meetings entail. Sounds good to me
Asells: Dollar no longer primary oil currency as China begins to sell oil using Yuan . Very interesting articles ! http://www.examiner.com/article/dollar-no-longer-primary-oil-currency-as-china-begins-to-sell-oil-using-yuan
highlander65] from justaguy-...parliamentary sources said that a high-level Iraqi delegation will attend a conference on investment in the banking sector and banks in Iraq to be held in the British capital London. Sources indicate that the conference will make Iraq a bank to finance the rescue bankrupt economies and banks in Europe and the United States, as is the case with the GCC banking sector. The sources also indicated that if this plan has, will make the Baghdad market securities exposed, and infiltrated by foreign companies, in return for a scenario that occurred in Southeast Asia in the eighties and caused the bankruptcy of those countries. http://www.almustakbalpaper.net/ArticleShow.aspx?ID=27774
[highlander65] Tenizen how will Iraq bank bail out these countries without an RV??? -- RE-READ THIS PART: Sources indicate that the conference will make Iraq a bank to finance the rescue bankrupt economies and banks in Europe and the United States, as is the case with the GCC banking sector