EXCERPTS FROM MARKZ
MZ: I have not seen anything on the dong recently. My bank people are still telling me its fluctuating from $2.16 to over $3 on screens. They say to not put too much faith in those yet as it is probably just a testing of the system.
Member: We may need a show on how to diversify and protect our exchanges if we get paid Fiat?
Member: Iraq has completed WTO requirements according to articles
Member: What did the Kuwaiti dinar go for when they RV’d?
MZ: I believe it was about $3+ and fluctuating….It went up to about $9.88 within days on that crazy float…..Then it came down to the $4’s and settled in the mid $3’s where is has pretty much stayed for more than 20 years….. …It was not pegged. That is why I think we will not see the same crazy float with Iraq.