4-3-2013 *Adam Montana ~As you know...things are picking back up! I said last week that the lull in news was nothing to worry about, and I'm glad to see they didn't make us wait too long for some action...unfortunately, no significant SOLID news at this time, but the momentum is picking up, so I am hopeful to be reporting big stuff soon.
4-3-2012 *Adam Montana ~[Several counties we are familiar with purposely keep their currency value low for competitive reasons. Concerning Iraq we are told their reason is to facilitate the rebuilding of the infrastructure more cheaply. What is the incentive in Iraq to changing this policy any time soon?] ...The answer is... NOTHING. There is really no reason for Iraq to keep it's currency falsely low... which is why I still believe in the investment. When they are ready to raise the value, they definitely have more reason to raise it than to keep it low
4-3-2013 *Adam Montana ~[I have always thought that Maliki was a hurdle for the RV for various reasons. His last term is supposed to be up soon (I thought in April)... Could you fill us in as to where Iraq stands regarding the PM and elections?] At this time, it's a bit tough to say how Maliki's term will.... or WONT... end. With all of the changes taking place in the country, I believe it depends on who has the tightest grip on the purse strings. If Maliki is someone's "man", I wouldn't be surprised to see him take another term, in spite of the current "law". The ending remains to be seen for us and for Iraqis. [A Jordanian friend...suggested the worst thing Iraq could do to us is re-print the currency, making all we have bought obsolete. The possibility has not been mentiuoned in some time, and so I thought I'd ask ... again] I still don't see it happening. For starters, it would be nearly impossible to have an "in country" reprint, instantly making all outside currency obsolete. The logistics are just too crazy. But I would agree... that probably would be the worst thing that could happen to us.

