Militia Man We don’t put our head in the sand but the bottom line is everything we’re seeing for the last two years should have everybody excited...
RayRen98 3 LETTERS ARE “TALKIN” BUT I AIN’T “LISNIN” UNTIL I SEE SOME RESULTS! LOL THEY ARE LOOKING AT TONIGHT.
Jeff Iraq has to tell you they don’t have plans to revalue the currency this year because they’re getting closer to the finish line. They have to show news that suggests they won’t be revaluing their currency...
Clare Article: “Officially.. Al-Hassan succeeds Plasschaert in Iraq” Quote: “the appointment of Mohammed Al-Hassan from the Sultanate of Oman as his new Special Representative in Iraq and Head of the United Nations Assistance Mission for Iraq (UNAMI), replacing Jeanine Hennis-Plasschaert.”
MarkZ [via PDK] …this week has been great. There have been a number of key pieces come out of Iraq that made me feel warm and fuzzy.
Frank26 Article: “Alia Nassif: The Central Bank’s policy is pushing Iraqi banks towards execution!” What would the central bank’s policy be? The monetary reform…The Central Bank of Iraq is telling the Iraqi citizens that we are in favor of removing certain banks from our country. Why? Because they don’t want to go along with a monetary reform because they keep delaying the process of Sudani bringing out the new exchange rate and lower notes.
Militia Man Article quote: “Prime Minister advisor for financial affairs Dr Muhammad believes in the midst of the changes in the international commercial and financial space Iraq has moved to important organization levels in the transition to a market economy…which allows foreign banks to operate in Iraq and allows the transfer of capital and currency.” That statement right there to me is massive.
Samson Article: “PARLIAMENTARY TRANSPORT : EUROPEAN EMBARGO ON IRAQ STILL IN PLACE”
Wolverine [via Judy Byington] Everything is go, go, go, green, green, green…Get ready. Get ready for the biggest transfer of wealth in history.
Breitling Brutally honest, I give you my honest opinion. Here’s where I’m at personally right now. I’m not getting out. I’m neutral. This doesn’t look good [Some Iraqi support for Hezbollah HQ in Baghdad]. Actually makes me sick to my stomach. I don’t feel good about it at all because I’m looking at the Middle East. I‘m looking at the influence and proxy wars coming from Iran…Here’s the reality…they [Iraqis] were trying to upgrade their financial system and make sure they were compliant and be on the world stage with the currency again. They’ve always been on it but this is a different ball game. Here’s the thing, they are following law…to be able to trade again…but the road they’re going down now, they’re going to be sanctioned…That’s not good…It’s bad for us if they go down that road.
Mnt Goat …recent articles from Iraq tells us the Iraqi government is taking steps to correct…issues and what needed reforms are still necessary… The nature of the reforms tells us they would have to be already started…Don’t think this is going to be a long, long process but certainly not days, maybe more like months…We must not discount all the reforms already accomplished…the Feds are now stepping in and trying to move the country steps further. Yes, they are shaking it up…So, this is all VERY good news and we should be happy to see it playing out…Everything is going to come together and it will happen suddenly.
MarkZ [via PDK] “Government Advisor; Budget Implementation Instructions (Procedural Issue)“ They reiterated that the budget tables do not need to be posted in the Gazette. The budget has already been approved for 3 years. It is perfectly legal and they have worked through the implementation thereof. So why are they not posting budget tables in the Gazette? I think there is an important reason – like a different value on the dinar.
