This was posted in the chat as a post from Texasred but was a post by ScottiG and posted it the forum by Rcsugar Dinar Recaps apologize for the confusion
texasred: Are we there yet?
First let me say to Sambo and Miskebam how much we value your integrity and diligence. I know that Bear and I are grateful to have an online family such as is found at OOM. I am also most appreciative of the wonderful sentiments and requests for me to make an appearance in the forums or chat rooms at Okie’s house. Honestly, we have been at the threshold of this monetary blessing for several weeks now and I felt we would have cashed in already. As I stated, I will be back to do a final post and conference call upon the completion of this process.
So where are we right now? There are so many things that have happened over the last few weeks that it is hard to keep up with all the misdirection and smoke which greatly abounds. You might ask why we have come up to the door so many times only to be turned away. I do not have that answer. I do know we have been within hours of the release numerous times over the last six months. Could the RV have taken place before now? Maybe so and maybe no. I know some experts at the Chicago Board Of Trade were counting on this with 100% anticipation a few weeks ago. We do not have the luxury of an “all things dinar crystal ball”.
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If you remember back in June there were several telling events that occurred with Iraq and the UN. On the 15th, the UN adopted 3 RESOLUTIONS (not sanctions) relevant to Iraq. On the 22nd, Dr. Shabibi revealed the plan to lift the three 0s by the end of the year.(Yes the entire process will take to 2013) On June 30th, Chapter 7 was removed/lifted and an agreement was made with the GOI and UN that they would complete their process of bringing their currency to a tradable state.
Now here we are at the end of 2011 with only a few days left in the year. We know the parliament has reviewed and approved the lifting of the three zeros. Let me say for any of our newer dinar friends that this is NOT a LOP. I won’t even address all the data that supports this. If you doubt it then do your own research.
OK let’s look at some specific current events. There is a lot of clamoring about the UN sanctions. My well informed friend, xxxxx xxx xxxxx called me yesterday about this very subject. He had spoken with an insider of the UN who is the go-to guy on all things Iraq. This gentleman was adamant that Chapter 7 was not relevant to the RV and the RV was not relevant to Chapter 7. He also advised that there are no specific sanctions on the GOI from Chapter 7. Now I know a lot of people who will fight over this because they are adamant that they are right about the International Trade sanction…..It is not there! It is not relevant to the RV! Fifteen minutes after I received the call from xxxxx I received a call from xxxx who had just gotten off of a three way call with a UN source specific to Chapter 7 and sanctions. The information shared was exactly as xxx had just stated.
The ISX has closed…….until Jan 3! The timing for this is exceptional. I know numerous individuals were stating