11-10-12 Mike: Article: "Claims the exit of Iraq from Chapter VII" I think to date this is the strongest article we have seen that tells us that there is a direction the US wants to go and they are willing to get them out of Chapter 7.
Chapter 7 is directly tied to the formation of their government so basically what this article says is form your government and you are out of Chapter 7.
We are also going to enforce the Strategic Framework Agreement we have for your government and move things along. Remember there is a plan.
11-10-12 Mountainman: Just a reminder to everyone, Saleh said last month that in November they would begin to replace "damaged currency" with new lower denoms, even though that's just 1% of the Iraqi currency used.
In actuality, it's far less of a percentage because the USD is used for transations in the market place. So, here we are in November. Keep an eye on the CBI and a release of new 250 and 1000 dinars.
You would think the higher notes that get used more would have a great need to be replaced for damage. Makes me wonder if this is a cover for a rate change and LD release in Nov, which is only 2 months longer than the original plan.