9-1-2012 Dalite: Unless the exchange rate is increased (by either RV or RD), there is little to no need for coins to be released into the economy. They are most likely to materialize concurrent with, or after any currency reform has started. Iraq can do as they wish, but the coin's introduction at the current rate will play as well as it did when the currency was replaced in 2004.
Notice, I didn't say they can't, only that it makes no sense.
9-1-2012 LoriC: The US delegation arrives on Monday to influence the passage of the reforms, HCL law and encourage stability. The WTO is reiterating the need for the GOI to pass the tarrif act for accession.
The fact that the US delegation chose Monday as the time to arrive makes me believe that President Talabani will have returned by then, if he hasn't already. We are very close to seeing the Ministers announced and a National Meeting. I'm very excited by the trend of the news lately.
Read More Link On Right
9-1-2012 4aprofit: Things that need to be brought out. The most recent G-20 meeting, as well as the IMF have basically said that the Global Economy would be stimulated by the Emerging Market Countries.
I am not into arguing all the schematics of every little detail, or of the purchase of my dinars, or any other emerging market country’s currency. Most know that the majority of many of the wealthy and even politicians, as we’ve seen, have assets offshore.
We know that many of the Trump, Soros, Buffet types, predominantly engage in offshore investing, dividends, etc.; some legal and some maybe not so legal probably. What the bottom line here is many common folks will never be able to do any of this type profiteering from afar, where some of the best gains are.
So, if we read between the lines here, some believe there is a chance that we could have a windfall…however small or large…who knows, but there is a chance.
So if some take it, more power to them. If some want to stay where they are at, more power to them as well but I guess I must repeat myself here.. (((the final bell has not been rung as per the finality of this dinar thing))), nor some other countries and their currencies.
We all wait to see what happens but some see all of it through fog and negativity, while some don't. Should we have a right to feel or be positive? I DO... FOR THOSE THAT DON'T…DO YOUR OWN THING!