Thread: Rates, Dates, & Fates.

Originally Posted by oldskiier

LOL.......anyway I have a rumor to share .....All hear say a genuine rumor !!!!


My banker buddy is 1 of 4 asisstant directors for a banking firm with 2 people over him in his region.

1) he says chase has connection through JP Morgan who already has permission to operate in Iraq. I don't personaly know if this is true or how to validate the relationship. Anyway all other banking firms would have to get permission to operate there and it would be expensive so all other banks will likely wait til there is an open market on IQD.

2) His bosses and he doesn't work at a bank per say (corperate office) They Say certain criteria if met IQD will pay off down the line. The problem isn't getting things passed (we know it is) but implemented and functioning with a profit margin (economy). As far as he knows there isn't insider info on this just hearsay as everything else but he said you never know.

3) The directors he spoke with alledgly told him he knows enough; buy or don't just be wary it is a risk.

4) I requested to say who/and where he works but he declined and said if I want to know stuff that he hears on it I will keep it to myself. I agreed because I want to know more if he hears anything. He checked out the IIF said he might join and post what he hears because as far as he knows its not top secret stuff on the IQD even bankers are just speculating. Thats somethen important to know, if executives of firms knew what was goin to happen with the IQD.

Ok, I have read this twice and I still can't figure out what the rumor is. Can you help me out Oldskiier?

Originally Posted by 2shoes

Ok, I have read this twice and I still can't figure out what the rumor is. Can you help me out Oldskiier?

about all i can gather from it, is that somehow foreign investment has kicked in? If true, does this mean isx is also going into affect, or is there no connection

ChiefWealth53 intended for this thread to be for Rates, Dates and Fates. Let's not get another thread closed over Debates and News. Two pennines worth.

I like the way things are shaking out. The latest news with all of the laws being read before parliament is very encouraging IMO. I just hope a quorum is obtained to vote these laws into passage and that some of these so called sectarian blocs don't hinder the process. Having said that, I think July 2nd looks good as an RV date and I'm leaning toward a $3.00 plus rate. Just hoping and above all praying that the common people of Iraq receive some just compensation for their sacrifices. IMO it is shameful that the Parliament members and their so called leadership (perhaps shieks?) enjoy the GOOD LIFE while others are suffering. Again, IMO.

Originally Posted by 2shoes

Ok, I have read this twice and I still can't figure out what the rumor is. Can you help me out Oldskiier?

What he is saying is that Chase has a connection through J P Morgan and the dinar might pay off down the line. Now you can have another cup of coffee.

Hope to see a 1.26 by the end of Jun.
Going here with all the articles posted about getting it done by end of June.
LIT

Thanks rvalreadydang.
Maddawg, I heard on Fox News this morning that Sadr was telling his people in the parliament to boycott. So if they do then this will probably cause further delays.

2shoes

Originally Posted by 2shoes

Thanks rvalreadydang.
Maddawg, I heard on Fox News this morning that Sadr was telling his people in the parliament to boycott. So if they do then this will probably cause further delays.

2shoes

Boycott what?

Originally Posted by ChiefWealth53

Boycott what?

Sorry, Dr. Mike, was right I need more coffee!

Boycott the Parliament.

Originally Posted by shotgunsusie

theres your promise to withdrawl support if they dont carp or get offa the pot. we are going to see the revalued dinar rate BEFORE JUNE 30TH.

heres another one of those DONE DEALS everybody is disgusted with and its not even me writing the article. (notice that i made a comment AFTER i posted the article. the article states that we will have the hcl done by june 30th or the usa pulls out. you can bet maliki will get it done by that date.)

Susie if al-Maliki doesnt carp and get of the pot can we go and oust him ourselves? I would love to have a hand in that. And then get credit for the RV ourselves! Why not live on the edge a little!