_WAIT.., DON'T PANIC!!!
Before you go to yell at your Guru or sell back your IQD at a loss because of the harsh news and rumors that has flooded the boards over the last few days, read this first!
Lets be Students of History – Kuwait's RV!
When Kuwait RV'd their currency about 5 years ago, did you know that they had all kinds of propaganda in the news – including stating that their leader had died!
Kuwait's Central Bank held a Currency Auction the day before Kuwait RV'd their currency!
Kuwait's News Media said it would be months before there would be any chance for a RV! - Then it RV'd the next day!
As I had just said, Kuwait's Leader was reported to have supposedly died – then, three days later he made the RV announcement!
So, what does this Teach Us?
Think about it, even back then when there was much less anticipation to what we have going with IRAQ's IQD – they felt it necessary to mislead their people and possibly the world of the timing of their Dinar.
Read More Link on Right
About two months ago an intelligent man, Vic (from The IQD Team) said on one of their Conference Calls in response to a question: (paraphrased) “Iraq will RV their currency when we least expect it!”
Those wise words stuck with me, and should be of consequence to you as well.
Think about it, What is Going on Right Now?
It looks like the wheels are coming off the cart, everything is going to hell in a hand-basket over there in Iraq with Maliki and the whole Parliament – right???!!!
Don't Panic - It IS “SMOKE”!!!!
Today the Washington Post reported that a $640 Million Oil Contract was issued!!! What??? – I thought they were “falling apart”??? NOPE!
Today we are hearing “Intel” (how reliable, I cannot confirm that) that many Contractors have been told by the GOI to get to IRAQ and start their Contracts ASAP!!! If true, then how can that be if the GOI is coming “unglued”???
You've heard it a million times.... “FOLLOW THE MONEY”!!!! Iraq would not be issuing huge mega million dollar contracts and telling other contractors to get over to Iraq if the place was falling apart like so many rumor mills and boards have been indicating!
I hope this little walk through of logic has helped you my fellow Dinarian Friends! :-)