Unitedrich, on 21 December 2012 - 05:30 PM, said:
Been silent for quite a while now, but I too am hopefully optimistic that our roller coaster ride is ending relatively soon. While the articles seem to point to that end, the media cannot be believed in that part of the world. After 7 long years and 7 hopeful Christmases, let us all hope and pray that this time, the fast paced rush to get things accomplished is not for naught, and 7 becomes 6, and they actually step up to the plate and restore the Iraqi currency to some semblance of it's former glory. :)
Yes a long time, but this will be your last one of the past. It will be after Christmas but it is close enough that it should count. I feel we will have this done within the next (less than) two weeks Blessings, Steve1
Would you be willing to share what "information" you have that causes you to push the window out to Jan 13 until Feb 23rd? We appreciate opinions, but it helps our members to know how you reach that opinion. B) Merry Christmas! HAUS
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Sager Said: Absolutely.
I know we can all agree that with Steve, Ray and Ocrush’sinfo, as well as the amazing news, we’re at the end of this thing. With the budget being close to being done, with Chapter 7 about to be lifted, with the new flag and anthem laws passed,with all the economic laws being passed, with the IPO’s starting shortly, all the contracts being signed, and I’m definitely missing some stuff here, it’s clear that Iraq is on an unstoppable path to become international again, and is about to have a strong currency.
I believe that we can see the RV anytime from now until February 23rd. The February23rd date is because of the SBA (Stand-By Agreement). I don’t believe it’ll be extended based on what I read, which is awesome! IMO, this is the end of the spectrum of when the we’ll see the new rate.
One thing I’m sure we realize is that this isn’t only about Iraq. Also, this isn’t only about the US. Many countries are part of this RV. With that said, I am hearing that not all banks will be open during the holidays and that some may be closed up until around the second week of January.
I’m not talking about the US here, but an entirely other region. If that’s the case, I’m not sure the RV would happen while some of the banks are closed on holidays, although I could definitely be wrong. This is where I’m getting my Jan 13th onwards date.
Lastly, I’m hearing there is a law that is absolutely required in order for the RV to happen, and should be passed in very short order. I will not go into specifics here, sorry.
The person who shared this with me is someone I trust, and it would definitely make sense to have this law in place PRIOR to the RV.
I believe that Ocrush will become aware of this, if not already, so we’re in great hands folks.
In the end, all is good imo. :) We are extremely close I feel, and as Steve said, we are landing on the Tarmac :)