by Vixen » Wed Jul 29, 2015 9:44 am
7-28-2015 *Frank26 [via FrostyTheSnowman] ~the main thing that we have been concerned about in the IQD investment is the SECURITY in Iraq. The SECURITY that we want is growing rapidly. The Iraqi Army is kicking butt...removing ISIS...capturing cities, ground, banks, etc. The IMF watches all of this and says on their website that the IQD is 1166...but 2 days AFTER this military action...the IMF removes the rate of the IQD and puts up there...“HOLDING”. What are they holding? Not much...you know the IMF already gave Iraq the green-light. We believe that the info coming out right now is so concentrated towards the monetary reform of the IQD that it is very clear. I think the conditions are now good to raise the value of the IQD. The environment of Iraq is good for the IQD to reinstate it’s value...just like Dr. Shabibi wants. We are almost there...I don’t know WHEN...we offer no date here. You can’t raise the value of the IQD if the GOI and the CBI are fighting – and there is none! Maliki...is the reason why we don’t have a monetary reform yet. Maliki sees his loyal followers dwindling in front of him. His time is measured. Maliki even tried to give problems to the Kurds. Normally they would have come out after him – but they did nothing. They don’t care about Maliki! The Kurds are the primer of the monetary reform of the IQD currency. They are the ones who will trigger everything for the funding. The GOI said that the investment law is being passed and IMO is being done for Kurdistan. The INVESTMENT LAW was passed a long time ago. It was amended 3 times. Why? To “SUIT” the conditions for the Investment Law...to grow the private sector and their economy. They have to get this done by October. The Kurds said that the HCL...they got no problems with it and they’ve been saying that for a long time. The HCL is being used with the Kurds right now to deal with the extra oil that they are shipping out...100% of it. If we see the taxes and tariffs...then we’re off to the races man! If we see the bonds are we off to the races? No. Actually the bonds are a mechanism of the monetary reform. That is the TARGET DATE of AUGUST 1st. We think in our hearts that the $3 to $4 range is ridiculous...the 1 - to -1 rate would be ideal. Then Forex can take that 1- to -1 and put it into warp-speed to $3, $4 or whatever they want to do. In my opinion the IQD will have got from a RI rate to an RV rate...something much more valuable. The international bond is the starting point to adding value... Article 8 compliant...from RI...to RV...to Forex. The monetary reform is right in front of your eyes!