I'm sure you have all heard this latest rumor that Iraq is not going to let big oil get in the mix and if you haven't heard it then you're one of the lucky ones.
If any of this had just one ounce of truth then what do you think Iraq will do to the speculators? If they screw big oil then we are definately out of luck no questions about it.
I don't want to cause panic with this thread and I hope it doesn't, simply because the OP of this rumor is not considered very credible in my eyes but I would like to see other opinions on the matter.
Please let's not bring the name or names of the rumor creators into the thread.
Looking forward to the input of all, especially some of the 171 lurkers who are not logged in. Log in and voice your opinion.
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08-08-2007, 01:53 AM #1
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That latest rumor of oil independence.
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08-08-2007, 02:38 AM #2
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I'm sure we all know who it is. It is the same 2 that are, IMO, responsible for banning people that didn't go along with their agenda. If you read who the sources of one of these individuals are, you will know it is bs, if you're not a blind follower of this person. Thank You Ins for what you said & I have no idea how people get sucked into the 8 times the rate nonsense that is being pushed. Even though the number of people on this forum has gone down, it is a much better place with out all the lies, yes lies, from these people. How could anyone believe 8 x $3.?? being the rate? Unreal.
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08-08-2007, 03:00 AM #3
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Thanks for leaving out the names, we all know who we speak of. Soon the other intelligent posters who use to post here will open their eyes and return to RC.
I don't believe they have all left, they just don't log in so their activity on the forum doesn't show up. That should all change soon though when Admin disables guest viewing and they have no choice but to log in.
I am thinking that maybe they were being fed information about the Kurds having an independant oil law and assumed it was the federal HCL. I don't see Iraq screwing Bush and Co.
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08-08-2007, 03:16 AM #4
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I hope the good people do come back. Most of us were sucked into the hype about this investment by the fab 5 but there are always people that are just finding about it & now is their turn to get the "rush". I was never out of line on this forum but I did question the rumors buy these people & that is what got me banned. If you want to ban me again that's ok, I was the originator of the "carp"....FHM.
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08-08-2007, 03:25 AM #5
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And just for the record, I am in sales & I deal with sales people all day at work. When I have a question I will ask it & if they dance around it I know something isn't as they say. I asked questions that weren't answered so I asked more & that's when I was labeled trouble by these folks. My questions had nothing to do with national security & didn't break any TOS rules, it was just that some people that made this stuff couldn't answer them & that was it for me because I wasn't a blind follower.
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08-08-2007, 03:41 AM #6
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Maybe the admin would consider unbanning those that were banned during the "I don't agree with rumors" reign, unless of course they were spamming or causing a bad effect on RC. I don't see how disagreeing should have gotten anyone banned. I personally kept my opinion in check when the Super Mod was here because of the trigger ban mentality.
I'll bet alot of the members who appear to have abandon RC are just lurking in fear of being banned at the other place if they post here. Use your free will people. Speak up.
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08-08-2007, 03:49 AM #7
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Been away for awhile. Where did everybody go(the fab 5)? What have I missed? Did SGS and her followers go to another site? Would love to lurk in on them to hear more of their BS. Did Neno go with them?
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08-08-2007, 03:58 AM #8
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08-08-2007, 04:09 AM #9
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If there was a question if I was bashing anyone in my previous posts I would say no. The person that claims to have contact with a person that talks to Maliki & Talibani (SP on both but I'm OK with it) says that that contact has never been wrong when in fact the poster has never been correct. I hope people don't fall for this bs for too long & end up getting in over their heads. I hate liars, & that's not bashing, that's calling a spade a spade if you will.
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08-08-2007, 04:18 AM #10
If Iraq has decided they need a "bigger cut" so be it. Something tells me that the current HCL gives more to the big oil than Iraq is a liberal generated spin. This is intended to make it appear that the United States and Big Oil are "stealing" oil from Iraq. I simply don't believe it until it is outlined clearly from the official HCL.
The part that is disturbing about the rumour (and pretty much proves it is fake) is that Iraq is considering a Re-Val at a multiplier of Kuwaits Exchange rate. Since Kuwait is around $3 that would mean Iraq is considering a Re-Val to the $6, $9, or $12 level. Absolutely absurd with ZERO probability of happening. Bottom line is the CBI and IMF have both said in the last Letter of Intent that the value of IQD will be through a Gradual Growth method.Munny Model IQD Value Projections
Range 1345 IQD/1 USD to 1 IQD/.27 USD:
1345 Target ACHIEVED!!!
1260 Target ACHIEVED!!!
1100 IQD/1 USD by Jan. 5, 2008
810 IQD/1 USD by July 5, 2008
500 IQD/1 USD by Jan. 3, 2009
300 IQD/1 USD by Apr. 18, 09
1 IQD/.01 USD by Aug. 8, 09
1 IQD/.27 USD by Sept. 12, 09
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