Post From Peoples Dinar
DCMJ: Just wanted to know if O'Crush is ok. Have not heard from him for some time here on PD.
Hopes maybe you can shed some light! Concerned that he is ok! DCMJ
Hopesway: He is doing GREAT! He had to set aside the dinar and focus on his life. I get that! :blink: :rolleyes: :P
He is thinking an outside chance of a late March RV but is of the opinion we are looking at the beginning of the 3rd quarter, June.
Read More Link On Right
In his opinion the most important thing they are looking for is a change in the border law. Specifically he said the CPA Order 16 MUST be passed before it can RV. I looked it up and here is the link:
Stevel: I hope it does not take that long because they are out of money and need to get the budget done so projects can start. It is what it is, a long term investment and I for sure will wait. Have a safe week. Steve
A-Rak-i, on 13 Feb 2014 - 2:41 PM, said: No way... I don't think they can wait that long. Just my opinion.
Stevel: We are hearing that once the budget for 2014 gets passed and the budget law passed, things will probably move along quite quickly.
Anyway, this is what we are hearing. Ray was telling me that even the government agencies are tired of the old currency because it is cumbersome and hard to work with. We all know how to solve this one. :)
We will keep you posted if we hear anything new. We have not posted because we have been told nothing significant.
Look forward and stay positive because this investment will in the long run pay off very well for those whom stick it out. Later. Steve
Fastdriver: Good afternoon fellow Pders
I do not agree with OC on the need to pass the CPA law. Granted the law is important but the RV of the currency is more important and should come first.
How can you expect countries, and companies to conduct business with IRaq when the current rate is not at an acceptable level. We have all read about selling of gold and bonds beginning on a date not too far in the future. Are they going to wait until this law is passed?
Why would Iraq be courting countries(Canada) for investment, why would the London Stock Exchange accept Iraqs stock market, why would the WTO be on the verge of accepting Iraq if the CPA needed to be agreed to first.
Then you read about the banks having no money for the citizens and some of the GOI wanting the rate to be published. I had not heard of the CPA law until OC's post.
Does not mean it has not been mentioned but I read a lot of stuff on this dinar and have numerous discussions with seasoned dinarians and not once did the CPA law come up.
Have a nice Valentine's day fellow PDERs. hug the one you love and be happy you have someone to hug. Fast
Stevel: I approve your post as you are quite spot on!
They need money and they need it now. The northern region already borrowed 100 Billion to pay for wages and so on because the budget has not been passed.
They seem to be on a mission now to get it done. Steve