Millionday thinks Feb 1 will bring on an RV

1-25-2015   Intel Guru Mnt Goat   I am bringing you very good news and very optimistic news...I am now hearing from all channels of my sources from the CBI, IMF and from my contacts in the USA. They tell me now the RV is strictly in the hands of the Iraq government and the CBI is simply waiting for the final go –ahead from them. All agreements have been signed and Iraq has stated that they want to RV to happen on their time schedule and not be forced into a date. The agreement contains a window from yesterday to Jan 31st. There is also a debate about the rate but I am hearing they have settled this now too.  

Iraq announced on Saturday they would have the final budget, with any corrections, to the council of representatives (parliament) by Tuesday 1/27 and that parliament is expected to hold the final vote on Wednesday 1/28.  ... follow the 2015 budget final voting session. From this you will know how close we are to the RV.  Does Iraq technically need the RV to open their budget and spend it? ...NO! However they would like to align the budget with many of their new laws that mandate and legalize the spending of the budget money.  This is why I am now hearing too that there is a very high probability that Feb 1st will not come and go without an RV.

1-25-15 Millionday: THERE WAS A HUGE ECONOMIC FORUM IN IRAQ TODAY [SATURDAY] THAT WAS TO ACTIVATE THE PRIVATE SECTOR AND THE LAWS PERTAINING ... APPLICATION OF ALL OF THESE LAWS INCLUDING THE HCL ... ALL AT THE SAME TIME. THEY NEED TO MOVE FUNDS IN AND OUT OF IRAQ FOR THIS TO ALL WORK SO THEY ARE FACILITATING THAT. IN ORDER TO MOVE FUNDS IN SIDE AND OUT AND FACILITATE THAT -- IT HAS TO BE INTERNATIONALLY RECOGNIZED

Activate the private sector?  WTH?  HCL?  (barely have the HCA in the budget and you think it's the whole shebang?)

Ahhhh... the ole dinar being 'internationally recognized.'  As if it hasn't been said enough, you are wrong on this one.  It is internationally recognized.  Turkey takes it.  The US has to have some for exchange with US dollars considering we have 3000 troops back incountry.  Other countries also accept dinar.  

It is internationally recognized.  Nations other than Iraq have taken, exchanged, used and given dinar for various reasons.  

Just because it's not on Forex doesn't mean that it's not recognized.  

Nice try.