Hame55: Iraqi oil is very high grade and easy (cheap) to extract. Needs less refining. Oil will be used for the next century, in many ways other than transportation, such as petrochemical, plastics, etc. The US will not be energy independent - that's a Republican myth.
We use too much, #1, and there is too much, justified, environmental opposition. There is a century's worth of oil in Iraq and their currency will someday be on par with Kuwait's. Certainly if there's a free float it could rise significantly.
PluMmet (Dinar Vets): This is a great series of reasons why Iraq is THE PLACE to invest so I place it here. He mentions gold in the end but he makes it clear that long term it's third world countries that have no debt that will be the winners.
Read More Link On Right
PluMmet Continues: Of all of those we Iraq researchers know that Iraq has the best position in the world. This is why Iraq is the best long term investment available
Doug Casey: There Will Be Panic Into Gold
Vaquero (Dinar Recaps Commentary): I am following CBI and CBI is not there to lose money. As we wait for the rv they (CBI) are making money. Iraq will raise their money value eventually. In 2007 by word of mouth we were waiting for it to be the year Iraq to increase the value.
I personally didn't expect more than 10 cents. CBI will do what they have to do. Ch 7 will be stuck to them until they get it right. I will be happy for my grandchildren to be financailly blessed. I do enjoy all the predictions you guys make. Keep up the good work one day somebody will be right and then who is going to care laughing at the bank. It will happen......It is all good.
SUNDOG: If the Erbil agreement is signed then there will be no dictator. The agreement sets term limits for all 3 presidencies. The UN would not release Iraq from Chapter7 to a dictator.
They - we- have spent too much money and lives to just turn everything back over to a dictator. Maliki does not have control over the RV - he does not decide the value. That's like saying every time someone gets elected they can change the value of their currency.
Think about it. All currencies would be changing all the time. This is in Iraq's hands and the UN. Iraq has to have a tradable recognized currency to be released from Chapter 7 - it can be done at the same time but one will not happen without the other.
They can RV without being lifted from 7 but they can't be lifted from 7 without a value to their currency.
RILEY239: Central Government: The CG has no right to announce war against KR since Iraq under 7th Chapter. Ismaeel Shukur, member of the Patriotic Union of Kurdistan, headed by the President, Jalal Talabani, stressed "The Central Government can not announce war against Kurdistani Region since Iraq is still under the 7th Chapter of the UN Charter.
Speaking to AIN, he expected "Settling the crisis between the Central Government and Kurdistani Regional Government due to Talabani's efforts conducted with the heads of the political blocs."
"Talabani's meetings with the heads of the blocs come to find the best solutions for the crisis to preserve the Iraqi sovereignty," he added.
"All the political sides realize that the internal conflicts are against the Iraqi and the Governmental interests since some sides attempt to topple the regime in the country," he concluded. LINK