A quick word about information I have been processing for several days now. Some say I will not go out on a limb and name a date. Well quite honestly it is irresponsible to do this not once but day after day and week after week as we do not have that perfect insight to really know the date. I have been told windows that were likely and at times received insight as to events which were relevant to the process. We remain inside the best window as per information Bear and I received in September. We advised that the best timeframe was the end of Oct. into the beginning of Nov. with the possibility that this might take till Thanksgiving or the end of Nov. My dear friends we are still in this window.
Scotti G: Based on information still coming in from numerous contacts and resources inside of the Middle East and Europe, I am looking at a most likely frame of Thursday the 10th or Tues the 15th. Foreign Exchange veterans along with other investment experts agree that the stage is set for the adjustment of rate in the IQD. This does not tell us exactly when but that things are primed and ready. Now one of my contacts last week told me about a meeting where Dr. Shabibi presented a sealed envelope to Mr. Alawi, Mr. Barizani, Mr. Maliki and a few others, which I am told it was specific to the adjustment of the currency. Several of my associates and I have mulled over the activities in and around Iraq over the last few weeks and we agree that everything is done.
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Scotti G: I read this most astute post from Med chat posted by Mailman 17 ACTUALLY THE ONLY THING WE ARE WAITING FOR IS THE RECONVENING OF PARLIAMENT NOV 10th.
THE NEWS IS THEY ARE GEARING UP FOR THE IRAQI INVESTMENT AND THAT REQUIRES A TRADEABLE CURRENCY FOR ASSENTION INTO THE WORLD TRADE ORGANIZATION AS WELL AS FOR THE ISX STOCK EXCHANGE. ADDITIONALLY WE ALSO KNOW DR. SHABIBI WILL NOT WAIT FOR INFLATION TO GO OVER 10%.
I TRULY THINK THAT THIS IS THE ONLY THING HE IS WAITING FOR THEN HE CAN PROCEED WITH THE IMPLEMENTATION. INFLATION WAS AT 8.6% NOT COUNTING OCT AND IS GETTING CLOSE TO 10%. EVEN IF THEY MANAGE A 1% INCREASE FOR THE INFLATION RATE FOR OCT...WHICH THEY MAY NOT…AS IT COULD BE HIGHER…NOVEMBER WILL MOST LIKELY PUT THEM PAST THE 10% INFLATION MARK AND THAT IS UNACCEPATABLE TO DR. SHABIBI
IT IS ALL GOOD…WE ARE LITERALLY IN THE CHILL BACK AND RELAX MODE OF THIS INVESTMENT. THE ONLY THING THEY MAY BE WAITING FOR IS THE PASSAGE OF THE BILL ON NOV 10th WHEN PARLIAMENT RECONVENES.
DR. SHABIBI’S IMMEDIATE RESPONSE AND OR IMPLEMENTATION IS ALL THAT WE ARE WAITING FOR AND I CANNOT SEE HIM DRAGGIN THIS PAST THE END OF THE MONTH.
Scotti G: Indeed it is nerve racking. I tell you this because there is credible information that the parliament needs to vote on what Dr. Shabibi presented to these gentlemen. Now I will not get deep into the politics of the inner government body of Iraq right now except to say that everything is working and hitting on all 8 cylinders! We are in great shape. The Oil deals are done, the stabilization of the Middle East is happening as we speak, the GOI is intact and all appears to be complete in every way.
Scotti G: I do believe that the 15th is not only the beginning of the New Year for Iraq but the beginning of their new budget. It is also the beginning of a 10 +/- day holy period. I am most hopeful that we see the Iraqi people find their wealth by this date. If this is so then we will enjoy our new beginnings as well! I know that so many are looking to find the answer of when but let me ask you this. Do you think for one second that we will have an RV and most everyone not know about it within 30 minutes? Do you think there is one thing you or anyone here can do to make it happen sooner? Then why are so many people stressing about having the rate and the date? My Lord people please relax, exercise some patience and let this investment finish out and come to each of us. It will happen as fast for me as it does for you!
Scotti G: How about them apples?
Scotti G: I have spoken with Bear a couple of times today and he is still fightin the good fight of patience and faith!
Scotti G: Well of course we are in agreement. If I need to twist his arm then I twist it! LOL No we are on the same page. This is not science this is Iraq!
Scotti G: As far as the parliament, I thought that it was not necessary. I have sources that say it is not. I also like the thinking about Shabibi needing to keep things in order per Iraq policies.
Scotti G: In my post I mentioned the 10th and the 15 as likely dates. I am told by many individuals whose guidance I trust that it will happen Tues - Thurs only!
jam777: Scotti .... how can parliament vote on something on the 10th or after .... it takes 3 readings to do anything in parliament
Scotti G: jam777 don't believe every rumor that is in the dinar land!
am777: 3 readings in parliamet Scotti G ... to get anything done in parliament . What are we waiting for a vote on ?
Scotti G: The info is that the parties necessary for approval have vetted this out. They only need a quarum to sign off!
Scotti G: jam777 I know what you are saying. If you want to wait longer you certainly can!
Scotti G: kdes dinar. I have written several post as of late. I spell out all the relevant information as I hear it. Now I do not repeat much of what I hear because the dot's do not connect. I encourage everyone who really wants to understand where we are to read those post in OOM skuttlebutt when they re open it. If you will hold the typing for a minute, I will repost here what I wrote. Hey Shasta ... Indeed it is all done with China, Russia and the other critical elements!
Scotti G: I am very comfortable with the level of information I am getting. My contacts inside of the Parliament have been dark for nearly 7 weeks now