8-28-2012 Keylime: It only takes a few swipes of the pen to catapult Iraq right back to prominence. In fact the 1980's are going to pale in comparison to the near future of Iraq. The PTB are fast tracking, streamlining, and hand massaging this well thought out "PLAN" into existence.
We are truly on the tunnel light side of this ride. We don't even know the half of what is going on in the back rooms of this adventure but we certainly stand to reap the rewards when it does.
8-28-2012 Hame55: A RI (reinstatement) scenario seems most likely for a large, quick RV. If not, then a continuation of the long upward climb we have already experienced from 4000 to 1165 dinar to dollar could very well go to 1000 per dollar.
Then 500, then 100, then a dime...I'm starting to sweat. But seriously I would be happy with the Saudi rate around a quarter - that would be a great profit.
8-28-2012 LoriC: The wonderful news continues. The ministers are being chosen, the National Meeting is about to happen, HCL is going to be approved and DMCC, New York Post etc. are all talking about the Iraqi Dinar.
New banking legislation is being passed and the Banking Finance Summit is coming up in a couple weeks. Wow what an exciting time!!