Strongcbm: Frank Great CC Bro……Thank you for all you do \m/…..Also … After the CC I got to thinking…..The Department of State and The Department of Treasury imposed and lifted the sanctions on Iran…Right?….
So I would think that they would have very smart people working for and with them on this deal….. I believe they KNOW AND KNEW what Iran would and will do after the sanctions ……I also believe that the USA has TOO MUCH INVESTED in Iraq for Iran to devalue the dinar in any way…. or they would have waited to lift their sanctions until after Iraq’s MR….
I think this whole thing is like trying to solve a Rubik’s Cube….It take many moving parts, skill and much patience …….again just some of my thoughts
Frank26: CBM ……………. I did not want to say it this way but IOO :
There is a fierce race where Iraq walks and Iran RUNS.
Iran has made a RABBIT out of the turtle.
C U TONIGHT……. Small Kind ………… \m/ KTFA Frank
Rual12: Hello KTFA, I have collected a few excerpts from walkingsticks posts that IMO are pertinent to our investment. So here goes, the release of Chapter 8 requires a currency revaluation equal to the value of the resources of Iraq.
I try to understand but with so many posts, well just say I try. I would appreciate any and all comments, pro and cons
Aggiedad77: I applaud your effort here and assure you that as this is your opinion it is well stated and understandable. I think it shows that you are probably a better student than maybe you give credit to yourself…and I would expect that…..your first point really hits home and makes ponder….just what its the value of Iraq’s resources…..
I seriously think they may not know…..as for the oil, I have said for a number of years, their seismic information is or has been very old and outdated….unless they have paid for new surveys I doubt there have been any updates….and it’s my opinion that they have hardly scratched the surface to know what their true reserves might be…..
Thanks for putting a great effort out. Aloha Randy
Walkingstick: Iran Is Back in Business
By Robin Wright
Ostracized as a pariah for almost four decades, Iran is back in business in a mere ten days—and with both East and West. On Saturday, the Islamic Republic welcomed Chinese President Xi Jinping—and a delegation of three deputy premiers, six cabinet ministers, and a planeload of business executives—with much pomp and publicity.
The two countries announced plans to resurrect the ancient Silk Road that once defined trade across Asia, this time with high-speed trains. They also agreed to increase trade to six hundred billion dollars over the next decade.
Xi, on his first trip to the Middle East, said the deals marked a “new chapter” in relations. “China and Iran are two important developing countries that must continue regional and international coöperation,” he said. The leader of the largest atheist nation was even afforded a rare audience with Iran’s top theocrat, Supreme Leader Ayatollah Khamenei.
Then, on Monday, Iranian President Hassan Rouhani arrived in Europe, for four days of talks with his Italian and French counterparts, as well as Pope Francis. “Landed in #Rome. Looking forward to deepening bilateral ties & exploring opportunities for #ConstructiveEngagement,” Rouhani tweeted. At Quirinale, the Presidential Palace, he was greeted by an honor guard, and the Iranian national anthem was performed—in a country where, less than two weeks earlier, business dealings with Iran had been a crime.
The Great Race—for what a Western ambassador in Tehran described as “the last gold mine on Earth”—has begun.
With eighty million people, Iran is the largest economy to return to the global marketplace since the Soviet Union’s demise, a quarter century ago. It urgently needs to refurbish its crumbling infrastructure. Unlike Eastern Europe, however, Iran is flush with cash, after gaining access to a hundred billion dollars in oil revenues that had been locked in foreign banks during sanctions.
“The legs of Iran’s economy are now free of the chains of sanctions, and it’s time to build and grow,” President Rouhani tweeted on January 17th, a day after international sanctions were lifted.
Read more: http://www.newyorker.com/news/news-desk … mod-latest