Well, today I have mixed feelings about the GREAT news from the UN Secruity Council lifting the Chapter 7 from Iraq today.
(Reuters) – The U.N. Security Council brought Iraq one step closer on Thursday to ending United Nations sanctions imposed on Baghdad more than two decades ago after former President Saddam Hussein invaded Kuwait In 1990.
The 15-member council unanimously agreed that the issue of missing Kuwaiti people, property and archives should be dealt with under Chapter 6 of the U.N. Charter – which urges… CONTINUE @ REUTERS
Here is why I have “mixed feelings” about this great news:
The “hack Gurus” will use this as an opportunity to spew their “BS” garbage “intel” on our great community with the primary purpose (IMO) to get people to rush out and buy more IQD Dinar that they really cannot afford!
Also, these “hack gurus” want to get people to buy in to Reserves and Lay-A-Way programs which you may not be able to afford. A word of caution, not all Dinar Brokers are “created equal” and many out there (IMO) will not have the scrupels or the financial strength to honor a “reserve” after the IQD does revalue, so shop wisely if you feel you can afford a “reserve”.
And lastly, don’t rush out to buy in to any financial products, any “group” programs, any schemes, trusts, corporations, etc. Friends, there will be plenty of time to do this AFTER the actual revaluation of the IQD, so don’t get burnt buying a financial product now, and especially DO NOT give your IQD to ANYONE TO “HOLD” FOR YOU!!!
Now, on to why Ch. 7 will not cause the IQD to “RV” by the end of the month, or tomorrow, or what other garbage the Hack Gurus are telling you today:
1) Maliki is still in power!
2) Shabibi (or a suitable, qualified replacement) is still NOT in control of the CBI.
The lifting of Chapter 7 was meerly a “Next Step” as LJ on the IQD Team likes to say, or part of an ongoing “process” as Straight Talking Mike likes to remind people.
So, please don’t get caught up in the hype, and please don’t let your dinarian friends fall for it either.
Yes, today’s even was GREAT, and I actually do have a small smile on my face, but I have to remind myself, that several times over these many years that I had been convinced it was going to “RV”, only to be disappointed, so please remember, today is a very positive day, but only a step in the right direction!
Next I’m looking for the castration of Maliki, or total removal of him – i.e. calls for an Early Parliamentary Elections – not waiting for March 2014. Also, look for that Turki to be extracted from the CBI.
Have an EXCELLENT day friends!
~ Mr. IQD