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4-10-2013 *Adam Montana

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4-10-2013 *Adam Montana

Unread postby Vixen » Thu Apr 11, 2013 9:14 am

4-10-2013 *Adam Montana ~Another week has gone by with no RV, but no l0p either so we keep hanging in there. ...here is a quick summary: Maliki has decided to stop attending meetings, Parliament asked for 2 months off and it looks like they got one month off, Shabibi is still yapping about his innocence but is probably not going to ever get back into his former spot, Kuwait still wants Iraq out of Chapter 7 (but Iraq isn't going to push too hard until there's a good reason, like an RV), and the CBI announced that they are setting up "outlets" to sell hard currency. Now... I know that's a lot to absorb, so here's a few thoughts on it: first, I LOVE the news about the CBI setting up more "outlets" - they will definitely need those outlets to handle exchanging large denominations for lower denominations in the event of a major rate change! We don't expect Maliki to "conform" to anyone's expectations, so his absence does not concern me in the least - in fact, I WANT him to be a bit rebelious. He needs to get his "maverick" hat on in order to make a major rate change successful and finally, the fact that Kuwait is consistently pushing for a removal of Chapter 7 lately is very comforting.

4-10-2013 *Adam Montana ~[do you still feel as confident that Iraq will be released from Ch 7 soon, will they RV soon, will M get his 3rd term because he has more money?] This has been a long time in the making and we don't have any guarantee that it will end tomorrow, next week, or even next year. However, as you can see - there is definitely positive things happening and every day does bring us closer. I still see a very positive future for Iraq, so I'm sticking with it.

4-10-2013 *Adam Montana ~[1. Maliki...good or bad for us in this investment? If he has to go how long before an RV after he is replaced? 2. Is it Iraq or the IMF who is controlling the RV or someone else?? 3. Shabbibi was he good or bad for us was his goal to bunny-ear the currency?] 1. Good or bad, he's the guy who will get the job done at this time. If he gets replaced, then the next "talking head" will do the job. I don't care who does it, as long as it gets done! 2. Iraq is in control of the rate, not the IMF. 3. Shabibi was bad for the potential to RV, which in my opinion has a LOT to do with his removal.
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