* Rays update by SteveI – Some very good news – January 24, 2012 posted at Peoples Dinar: Dinar Recaps 01/25/2012
With that being said, Ray as you may or may not be aware, has built up many contacts here that have families still living in Iraq, (various regions) and he along with my business partner in Iraq have a great opportunity to get first hand news articles that they see and read along with TV and other media sources.
As you can see from Ray’s email to me a few minutes ago, we have some very interesting things going on.
I just cannot thank Ray enough for all he brings to us via his contacts.
I can assure you that all of the Okie’s, Tony’s, Dan’s, Adam’s (not his real name) and many others will twist this a bit and claim it as theirs, so be it. So for all of you that want to bash our efforts and make negative and nasty comments I guess we all will have to pray extra hard for you.
Mr. Steve, Just got off the phone with one of my Iraqi contacts here in town and got this latest news that I wanted to share with you. He said it came out in three newspapers over in Iraq that Shabibi is going to hold a press conference one day next week. Didn’t say what day. He is going to talk about the dinar, the revalue of the dinar, it’s affect on the economy, how it is going to be the strongest currency in the region, and also the positive effect it will have on the people of Iraq. The papers also stated that if he gets tied up in a meeting or something, that Saleh will take his place and hold the press conference
Also, he just saw on Iraqi Tv about an hour ago that the Iraqi List(Allawis party) have agreed to attend the Parliament meeting with a positive attitude and vote on the 2012 Budget. They stated that they are going to work for change within the government the right way instead of boycotting. I believe the meeting is to be Thursday but not sure.
I feel this is very positive news and the RV is right around the corner now. I see no other reason for Shabibi holding a news conference to explain this to the people unless he knows the RV is about to happen. Just my opinion. Will update more later as I get it. Take care.
Blessings,
Ray
On the comment about “Iraqi List(Allawis party) have agreed to attend the Parliament”, here is an article that is putting the pressure on the Iraqiya bloc. LINK
Related Article about the Iraqi 2012 Budget LINK
Related Article about the Banking Tech Summit. Link
*************************************************************************** Here was a great question by AZMike:
Just a question, does it make sense that Shabibi would discuss the RV with the citizens of Iraq prior to the RV? I would think that discussing it in the detail described in Ray’s message would be a signal to “speculators” that would swoop down on Iraq and buy up the currency. So perhaps the strategy is for Shabibi to have his little “fireside chat” with the citizens of Iraq immediately following the RV, not preceding it.
Ray’s Answer:
NO NEED TO WORRY ABOUT THAT. IRAQ HAS PLACED A 10,000 USD LIMIT ON HOW MUCH DINAR CAN LEAVE THE COUNTRY. INVESTORS ARE WELCOME TO BUY WHATEVER DINAR THERE IS OUTSIDE OF THE COUNTRY BUT THEY ARE LIMITED TO WHAT IS INSIDE THE COUNTRY. HOPE THIS HELPS.
*************************************************************** Remember on January 11, 2012 we posted this:
********************************************************* You are absolutely correct, we are closer than that. Now this is my opinion but it is based on many facts. If Iraq were to give a specific month or time frame, every country and investor in the would would eat up Iraq in the purchase of the IQD. There is no way that will be allowed. If you discourage investors, then they will back off until a later date as not to tie up there working capital or investors funds.
The * Rays update by SteveI – Some very good news – January 24, 2012 posted at Peoples Dinar: Dinar Recaps 01/25/2012 by Dinar Daddy's Tidbits, unless otherwise expressly stated, is licensed under a Creative Commons Attribution-ShareAlike 3.0 Unported License.
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