"RV UPDATE" BY MARKZ, 12 SEPT

 MarkZ

   [via PDK] 

 Question:   "Why does the US have any say in Iraq’s revaluation?"  MarkZ:  Because of the Iraqi war and the rebuild Iraq money and part of the surrender agreement with Sadaam Hussein when they pulled out of Kuwait.

 That is it in a nutshell…so the US can recoup the cost of the war.  Question:  "Will the US get in the way of the RV again?"  I can tell you they are caving and cannot get in the way now.

We have been seeing all kinds of bank rates on currency calculators. My bankers believe they are priming the pump for the system and punching in different values to test things. I really think this may be the last week we have to deal with all of this. 

My Iraqi contacts believe it will be here from yesterday up through the 20th…tops. Most of my sources over here believe this is it!!! Don’t be upset if it’s not quite that quick as there are a lot of moving pieces behind the curtain...    

...We are so close…coming right from Sudani...it is time to address the exchange rate…BAM.  They have been in many meetings…we have had people here from Iraq for the last few weeks. Folks from our Us Fed Reserve and Treasury have been over there.

  I totally agree that it is done…. We are just waiting for some reason.  Waiting for when that trigger is flipped.

 What I am hearing from a number of my group contacts  is that money will be moving on or by Tuesday.  Some indicators are expected tomorrow or Monday to let us know if we are on target for that... chatter has been off the hook for the last 72 hours or so that they 24 hours or so for things to really launch.

  I think my groups and bankers are probably accurate and we are possibly this close to finally having this thing nailed down with their expectations for Tuesday. They are overall just down right excited. Reminder - None of us know the timing…we just know what we expect according to the news a chatter.