Post From Peoples Dinar By Steve1
The only thing Ray and I can say is that there is a lot of confusing and conflicting information regarding this investment. We do both have many sources that are saying the same thing regarding the progress.
There was a recent video regarding a new gold discovery south of Baghdad and it was one of the largest in the world. In a very short summary, yes they can revalue their currency and support it.
Now moving forward to some great news regarding this investment, you need to really follow not only the articles but the ISX and the money.
This information is from our team and I was allowed to share this by permission.
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I wanted to confirm some REAL activity that is taking place on the ISX that is new. Starting on February 2nd, we started seeing some International Cross Transactions taking place.
These were foreign investors buying shares on the ISX through local Iraqi brokers. All of these trades were done after hours instead of during normal trading times.
One of the trades on 2/2/14 was for 172 billion shares of AsiaCell. That is approximately $17million USD.
Today (2/6/14) I see large bank stock purchases ($1 billion in size) taking place and dividends being paid.
All of this information is available on the ISX home page, if you know how to find it.
My personal opinion about all of this is that big players are jumping in now by buying shares on the ISX as a way to take advantage of the very cheap stock price and the currency change that is coming.
Something else that amazes me about this is that even after these large stock purchases……..the share prices and the values on the ISX barely move. It’s almost like they are waiting on something before they will release the real values.
Execute International Cross to Dar es salam Inve. Bank on Thursday Feb 6 2014
AL-Kassab Brokerage Firms (buy) & (sell) executed International Cross to Dar es salam Investment Bank on Thursday Feb 6 2014, in traded shares (1) billion shares in additional session time after 12 o'clock.
My reply is not only are these real and viable facts, but this is also very positive regarding our investment. These are facts we can prove and will prove.
The last topic I would like to share is very important. I want you all to follow the news regarding the Iraq Budget of 2014. I want to see it officially posted. Please keep an eye on this topic.
From what we are reading, things are getting worked out or they have been worked out.
Here is the million dollar question, when will this happen? This month? --> Very good chance. This quarter --> Great chance. Second Quarter of this year? --> Awesome chance. This year --> Absolutely beyond any reasonable doubt.
The news has been so good and the the future results of Iraq achieving their goal is one of a life time. Please let this happen and keep a positive attitude.
Because we are getting so close, I am reconsidering having some sort of event to celebrate the success of this investment. The only purpose would be for all of the members that care to meet and welcome this team that has been there for you all.
There will be no sales agenda, no promotions, no nothing, just a several day event for my wife and I, Ray and the mods to say thank you for supporting this forum.
Once this is over, most will not care one way or another about anything but themselves. This event is not for you. Let's end this in style.