EXCERPTS FROM MARKZ
Member: there are a lot of rumors floating around.
MZ: As for rumors- they are definitely out there. I am hearing rumors from groups attached to Indian Nations that they are being told to prep for imminent release. It could be within days….. Similar mechanism are being re-enacted to when Kuwait RV’d. Some Indian Nations did very well when Kuwait revalued. This has me really excited.
MZ: “Iraqi Dinar falls a week before dollar selling platform closes” So auctions have not yet closed…but seems people are starting to panic. Many believe though that the dinar rate will increase to become more than a dollar …so they need to get through a little turbulence on the dinar RV stream
MZ: “Within days: business confused with the dollar exchange rates expected to rise in parallel market” Businesses are trying to figure out how to price things. The government created a committee to address how to reprice things for sudden value changes.
MZ: “Calls for Re-Evaluation on the cost of oil production in Kurdistan under the supervision of an international audit firm” Finally on the HCL….they are bringing an outside audit firm to determine the actual price of getting oil out. This has been a major sticking point keeping HCL from being settled. This should speed things up.
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