"RV UPDATE" BY MARKZ, 23 OCT

 MarkZ 

  [via PDK]

   Comment:   lot of rumors about dinar going to 1000?  

MarkZ:  The 1000 to 1 always made sense to me…then they quickly pull the big revaluation right after…but there are rumors around the streets…even though its been very quiet in Iraq. 

Right now getting any news over there is like pulling teeth from a grizzly bear with no anesthesia…but it is pointing toward they already did that his weekend in Iraq. We are watching for that. If its accurate…then BAM.

There are some interesting articles from Iraq. “Teachers in Iraqi Kurdistan strike over delayed salaries” 

 This is all part of the HCL stuff and the money that is supposed to be flowing to the Kurdish region. They have an urgent need to get this thing done so they can meet their obligations and take care of their people. This new government over there does care about their people and they are working hard to fix things …

 There is still lots of chatter out of Iraq…there is a huge project that is underway right now as they look to fix their housing crisis. “Bismayah New City”  This is part of the national housing program …

massive new city about 10 miles north of Baghdad. Huge project and they have already broken ground. 

Where is this money coming from? How are they planning the potential 600,000 population city with houses, high rises, entertainment…you name it?

 It’s clear Iraq is planning for prosperity. They are going to need a new exchange rate to justify this city…imo.