Political and military turmoil, oh no!
(Actually – this is nothing new. Business as usual in Iraq! The Dinar Speculation beat goes on, chug – chug – chug…)
BAGHDAD, May 20 (UPI) — U.S. officials warn that firebrand Shiite leader Moqtada Sadr, a key player in Iraq’s political crisis as rival leaders struggle to form a coalition government, is reviving his Mehdi Army militia in the south.There have been reports that the militia, which has close links with neighboring Iran, may have been involved in a recent surge of violence following the inconclusive March 7 parliamentary elections
And also:
Iraq coalitions meeting turns successful
Friday, May 21, 2010 12:46 GMT
The meeting between heads of political coalitions at Al Salam Palace was successful, sources from the meeting said.Iraqi President Jalal Talabani was able to break the ice among electoral entities by gathering them over lunch feast.
President Talabani urged all participants to accelerate the formation of the next national unity government, Mohammed Allawi, a senior official from Al Iraqiya List said.
Hat tip to Newshound Extroardinaire, Mr Woody. Thanks bud!
In other news – I know I said I’d be mostly out of touch for a couple weeks, but that’s going to change – I miss you guys too much! So, I’m going to make a point to hop in the chat room more often.
See you there, and keep an eye out for some BIG stuff soon – I have good reason to believe this ride is over in a GOOD way by the end of summer!
- Adam Montana
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Ok Adam, I have to ask. End of summer is September. What happended to June?
Parker1978
The IQD RV is like the dog chasing his tail. We know the dog will never catch his tail. THe IQD RV will also be some future date.
Thanks for your good job & hard working regarding Dinar
Hope RV soon… pray for it.
Like Adam said, this is Iraq. Things will happen when they want it to. Sit back and relax…. All good things come to those who wait! And I have been waiting for 3 yrs or so… I know there are peeps that have been in this a lot longer than me
. Thanks Adam for the update and thx Woody for being the reporter!! See ya’ll in chat at the one and only DinarVets!
Oh yeah, hey Parker…. He never specified what year, only June (mid summer) lol
.. Sorry Adam, i had to throw this in
Thanks for your hard work and updates Adam!
For all those who think you’re going to get answers to your questions here, you are sorely mistaken…and mis-guided. Yes, this site is indeed good for “speculation”….a repository of ideas, thoughts and assumptions…but if you’re seeking answers to good questions….well then you can ask away….and in return…..NOTHING…unless of course you accept flippant responses, void of substance AND humor….If you’re OK with a condescending tone, along with a shallow, meangless response, well then this is the site for you. I enjoy coming here for the entertaining value I gain by reading the futile attempt to actually answer questions from the good people who ask them. For the ill-informed to say that if you gain a penny on your investment, then you’re lucky is absolutely asinine…and you know who you are. We invested in the IQD with hopes of realizing a generous return. A return that many of the “brokers” used as part of their sales pitch…so yes, we are disappointed to hear talk about the LOP and the potential of reducing our 25k notes to a fraction of what we’d all hoped would be considerable gains….I’m disappointed with the chatter, but remain positive about my investment…in the words of the immortal Paul Harvey…Good Day.
rra, you’re right about the responses – this is a blog and not a discussion board. It’s also not a support system, it’s a free site.
People are more than welcome to posts comments, but my time is mostly devoted to researching and posting news – not responding to questions on this blog.
For discussion, it’s a great idea to join the message board at http://www.dinarvets.com
So, out of all of these news items, what timeframe do you see for the dinar to reval? Any good idea of the rate?
We were all anticipating something happening – first with the Vietnam dong that was supposed to be this weekend – nada – and the Iraqi dinar to reval within a couple days after that.
What is your opinion, now, of where both revals stand????
squaredaway, whoever is telling you the Dong is supposed to RV soon is trying to cross-captialize on the excitement of the Dinar. There is no reason for the Dong to RV soon, and the people telling you that should be avoided.
The Dong is devaluing right now and is probably 2 years away from moving up.