Update on the Reforms
We know that parliament was supposed to vote on the National Guard law last Saturday. Then we heard it was postponed indefinitely. We wondered why and when they would continue the voting process.
Well today we finally have word form Iraq as they are telling us in the article below why the law was stalled and when they expect to resolve the differences.
(Thank you George for emailing this to Dinar Recaps.)
UU6802 – “The Reforms Continue – A Critical Period” by Mnt Goat
If you are reading this news letter today for the very first time I welcome you. But I highly recommend you continue to read it since my news letters connect together and they are a continued saga of the Iraqi dinar revaluation story. I bring no hype or rumors. If I am giving you my personal opinion I will tell you it is only my opinion.
My news letters today is brief with only 7 pages….lol…..I am trying to keep them short. But if only want a date and a rate you can get that from somewhere else and they can give you a couple words or else and be done.
I personally do not think that ANY one event is “holding up” the revaluation process but simply Iraq it not yet ready. When will they be ready?
WHEN EVERYTHING IS IN PLACE AND THEY (IRAQ, UN and USA) FEEL COMFORTABLE WITH THEIR SITUATION !
Post From Wealthwatch.world Chat Room 9-2-15
Wealthwatch Afternoon Chat 9-2-15
Tootsie: Wednesday, September 02 2015 16:53 Integrity court issues warrant against bringing in electricity minister on charges of squandering state funds BAGHDAD / Baghdadi News / .. revealed a member of the House of Representatives of the National Coalition MP Kazem al-Shammari, Wednesday, that the court of inquiry Integrity issued a warrant for the introduction of the Right and Electricity Minister Qassim Fahdawi.
Al-Shammari said in a press statement received / Baghdadi News /, a copy of "court of inquiry Integrity issued a warrant for the introduction of the Right and Electricity Minister Qassim Fahdawi in accordance with Article 340 of the Penal Code."
"The charges faced by Fahdawi of squandering state funds related to legal and abuses, including equivalents exchange outside powers and rental of premises to set up and Toc and other illegal means to waste of public money."
Pdids: » September 2nd, 2015, 7:04 pm
Once I wrote earlier today : (See post here: http://www.dinarrecaps.com/our-blog/tidbits-from-ktfa-members-wednesday-afternoon1 )
I decided to go downtown to meet for lunch with two of my close friends who are very active in the Chicago Financial Community who are considered by their peers to be 2 of the most respected Bond Traders around who just happen to also be very large Iraqi Dinar Investors as well.
While I shared with them the 2 articles that I posted of Walkingsticks (See Link above) they were already well aware of them .
In fact one of them will be at the upcoming meetings in London. They were also almost identical in their opinions of their theories of what needs to take place. Please allow me to share with the family.
DinarUpdates.com Round Table Chat (mid-day) 9-02-15
Welcome to dinarupdates.com for Round Table with BGG!!
WELCOME TO ROUNDTABLE AT DINARUPDATES.COM
BGG: OK - rcookie, what do you think is the big news of the day??
Rcookie: Abadi denies claim to "the dissolution of parliament and the announcement of the emergency government." 18:45 02/09/2015 Denied the Information Office of the Prime Minister Haider al-Abadi, on Wednesday, demanding the Prime Minister to dissolve parliament and form an emergency government,
and as pointed out can not be done without the consent of the President of the Republic,
he stressed that the constitutional institutions is the sponsor of the reform and the Constitution is authorized to make any change beyond the pale.
PDids: A little clarity from someone would help as my own notes that I have taken from previous CC state that the RI or RV or some increase in value of the Iraqi Dinar WOULD NEED TO OCCUR PRIOR to any International Bond Sale taking place or why would any Country or large Corporate entity invest in 1186 merely on someone's word who has not been very good at keeping it .
Even Randy in this mornings Summary of his indicates that in his opinion these Bonds mentioned in the article below will be grabbed within moments of being offered this coming weekend.
So my QUESTION IS why in the opinion of DELTA AND FRANK are we waiting until OCTOBER if they have always stated that the RATE WOULD NEED TO PRECEED THE SALE OF THE BOND?