3-13-2013 *Adam Montana

[Vixen]

3-13-2013 *Adam Montana ~This week I would like to *attempt* to explain some things about Kurdistan... the "devil is in the details", as they say, and the more you know about a subject the easier it is to understand the news surrounding it. When we as Iraqi Dinar speculators talk about "Kurdistan" or the HCL, we are actually referring to "Iraqi Kurdistan". Kurdistan itself, however, is actually more of a "region" than a defined country. Kurdistan extends into Turkey and Iran, and is defined more by culture than by actual "lines on a map". This is where it gets tricky....The Kurdistan area in Iraq has constitutional authority to have their own government, and to make their own laws. BUT the authority stops when it comes to International matters... that authority, even over the Kurdish region in Iraq, is left to Baghdad. Now since "Kurdistan" is actually a region that expands into multiple countries, and the "line on the map" is not exactly defined... obviously the Kurds want to push the line out and the other countries want to push the line in. Herein lies half of the issues that make up our famous "HCL"... depending on where that line is drawn, the Kurds should be entitled to more or less oil revenues. Now that we understand that Iraqi Kurdistan is it's own region, but still part of Iraq, we can address the real issue... who is in charge of the rate of the Iraqi Dinar? IF it was up to the Kurds, or if they even had an equal say in the matter, then we would be in trouble. This is not the case.At the end of the day, the fight for more territory will continue probably forever. But while Iraqi Kurdistan is using the Iraqi Dinar, and while the Central Government in Baghdad has the final say on international matters... "Kurdistan" will be forced to go along with the rate set by the CBI. And that is good for us. ok, hopefully that helps everyone understand how "Kurdistan" works and how the HCL is tied to this in so many ways.