PDids: » September 3rd, 2015, Just my opinion.....however, it would appear to me that if the translation is correct and that Iraq has suspended the sale and use of USA Dollars.....then that is Good as they are then using the value of their own money and that is exactly what we are all looking for . Does that make sense and can Delta, Frank, Pappa J , Backdoc and others chime in with their opinions?
walkingstick » September 3rd, 2015, CBI News & Announcements
To / all licensed banks and money transfer companies approved all and exchange companies approved all (to suspend trading in dollars) 03/09/2015
The central bank acknowledged on 01/09/2015 conduct a public auction auction (C144) for the sale of the bank for their remittances (91) days
Zerb: Franky Franky I don't believe we seen such immense pressure as we do now I know other times felt like we were close but this looks like in my opinion. Logically speaking we need to see a international rate (2+) either before or right after they go to United States and United Kingdom before initiating the Bond Sale. They really need to make this sweet and juicy!
Frank26: ZERB......... Who has the GREEN LIGHT from the IMF to lift the three zeros?
DRS. So IMO .......... No RI until he returns.
Guess what. He is.
IOO.......... Just after ALACKOFBRAINS leaves. Lol KTFA Frank
Alan » September 3rd, 2015,
With the pressure of the Iran deal looming on Iraq we could very well see Iraq put them in position to take advantage of the situation.
If Iraq waits too long they could lose a lot of contracts and oil sales.
If Iran RVS before Iraq then Iran IMO will steal a lot of business from Iraq.
Iraq does not want to lose money or Iran.
If you have a neighbor that you dislike and you know he's about to start selling popcorn but you were fixing to start selling popcorn wouldn't you speed up your popping?
Lexi: Thanks Alan that's what I was trying to say the other day that it would make sense to get out in front of them so they don't lose out on all these things that might backseat Iraq a bit if they keep dragging on and Iran beats them to the punch.
Then Backdoc got me thinking maybe they need to go together so one doesn't exploit the other since they are so close proximity to one another.
Like I said before I think we need to start talking and focusing more on the timing of these Iran sanctions coming off they may end up being the key after all in the end of this long thing. IMO
Zochowski: AFTERNOON "ALAN" HERES SOMETHING TO CONSIDER.......IF YOU CHOOSE.........
IN THE BRIEF NOTES I SAW THIS MORNING, IT CAME TO MIND ABOUT 3 PHASES OF MR REFORM.........THAT WAS MENTIONED EARLY IN 2014/LATE IN 2013????
THAT WAS BROUGHT TO LIGHT AND TAKING ROUGHLY 18 MONTHS TO 2 YRS.........
CORRECT IF WRONG, MY BIRD STYLE BRAIN IS TINY BUT DOES WORK MOST OF THE TIME, LOL LOL, AND WHO EVER THOUGHT IT WOULD TAKE US INTO LATE 2015????
1ST PHASE WAS STARTED EARLY IN THE YR 2014......WENT TO BOUT FALL OF 2014???
2ND PHASE WAS INTIATED AROUND THE FALL OF 2014.....WENT TO SPRING OF 2015??
3RD PHASE SEEMS TO HAVE BEEN INITIATED AROUND "MARCH" OF THIS YR, 2015.......
STARTED WITH THE "GREEN LIGHT" GIVEN IN MARCH???
IF THE THEORY IS SOUND, IT DOES SEEM TO APPEAR WE ARE ON TRACK WITH THIS.....
AND ALSO FOLLOWS WITHIN THE PARAMETERS OF THOSE WONDERFUL CALENDARS I HAVE BEEN TALKING ABOUT, LOL LOL.........AND OTHER MEMBERS THAT HAVE BROUGHT FORWARD EVEN MORE CALENDARS.....
ANYWAY, MAYBE F26 CAN ENLIGHTEN US WITH THIS THOERY MORE BEFORE HIS NEXT CONFERENCE CALL OR GO THRU THOSE STAGES AGAIN????????
JUST THOUGHT I WOULD BRING SOMETHING FROM THE PAST TO CONSIDER, MIGHT NOT EVEN B WORTH MENTIONING, SO HANDLE ACCORDINGLY.........G/B M/Z
Alan: Hi yea ZOCHOWSKI,
From what I got from the CC the first phase was 2006 when they sold bonds. The second could be 2012 when S was going to raise the value. Now again here in 2015, phase 3 iraq wants to sell bonds again.
I might be off base in my response but that's what I kinda got out of it referring to the bonds.
I just don't see the international community putting any faith in this stage of bonds unless Iraq can entice them with something better than 1166..
Ahh I totally misinterpreted your post which was not about bonds but rather the phases the IQD is going through and has gone through.
So it seems like each stage is lasting about a year. Hmmm could it be something in 2015.
Time will tell.
Sydneysam2: I am still trying to understand the order of things we are looking for, according to the cc last night.
1. Sept. 11-17; looking for a change of wording for Iraq's credit rating
2. Iraq gets a better credit rating than a 'B'.
3. Prayerfully as the guest said on the cc, M will have a warrant out for his arrest ... AND ACTUALLY BE ARRESTED!!
4. The international bonds will be sold (which I still do not understand who will buy them at a low rate of even 1095).
5. Shabibi will come back to Iraq.
6. Shabibi will fix problems with the CBI, and hopefully soon after his return to Iraq the ri will happen.
AM I UNDERSTANDING THIS CORRECTLY?
IMO, this is going to take some time for all this to happen ... so just praying it can all get done by the end of the year. Guess we will see.
Alan: In order of your questions based on the CC
1. 11- 17 iraqi delegations to work with US in meetings for bonds and how to deal with terrosm.
2. They'll have to bring good news to the table to get better credit rating. Selling bonds at 1166 won't get a better rating. ri/ RV could though. Show security.
3. It's in an opinion that Ms cousin has charges against him which could be a way to get to M. Bluestar referenced Al Capone in the CC.was it Ms cousin? Anyway he's related to M.
4. No one will buy bonds at 1166 the second time around just like 5 hey didn't the first time. Reference answer #1. A reason Iraq delegation is coming to US. 5 million in bonds is nothing to Iraq they use that up in one month.
5.not sure. Delta stated some concerns such as how old S is and may not want to come back. But might since him and A are good friends.
6. IF S comes back he will clean up the CBI and hopefully we'll see a new rate.
But they need to move at lightning speed now that Iran is in the picture.
Hope this helps
Also I think all this will flow rather quickly if Iraq brings something juicy NOT 1166 to the USA table on the 11th. Alan
Sydneysam2: Yes, let's pray that things will move much quicker now that Iran is an issue.
Backdoc: A WAY TO GO YET!
LOOK FOR THE END OF THE MARKET ROUT TO CONCLUDE ON MONDAY THE 14TH!
THAT'S WHEN I PLAN TO TAKE MY PROFIT SINCE I'M SHORT THIS MARKET! LOL
INTERESTING THE DOW JONES LOW SO FAR IS ON 8/24/15. THE DATE OF EXPIRATION.
NOT SAYING THE MARKET LOW HAS BEEN ESTABLISHED, BUT THE DATE OF 8/24/15 EQUALED THE LARGEST STOCK MARKET CRASH IN 4 YEARS. DOC IMO
Lexi: Indeed that IS the way it is looking, a way to go yet! I'm convinced in my own mind after all these years that they will be forced hand to do this and not solely by their own accord alone.
May God help us and their poor people. I don't understand why it seems they are going kicking and screaming on this just seems like a little bit of madness imo.
They have all the help and best that the world has to offer behind them but they still manage to still be here and resist to raise that rate
I just can only shake my head and hope something drastic changes