[daz] 13303 renewed . http://www.whitehouse.gov/the-press-office/2014/05/19/letter-congress-continuation-national-emergency-respect-stabilization-ir
daz :IT WAS ALWAYS A NON ISSUE. EITHER WAY IT IS A BENEFIT TO US
[daz] IF IT WAS NOT RENEWED IT WOULD OR COULD HAVE STIMULATED A RELEASE BUT WE WOULD LIKELY HAVE LOST ANY OPTIONS AT LAYAWAYS OR ROLLOVERS TOTALLY UNTL ROLLOUT AND THAT MAY HAVE BEEN EXTENDED UNTIL THE LAYAWAY SYSTEM CLEANSED ITSELF OF INVESTORS ALTOGETHER. WITH THE RESIGNING IT STILL PROVIDES THE PURCHASE OPPORTUNITY FOR US UNTIL ROLLOUT..AND IRAQS ASSETS AND RESERVES ARE SAFE
Dallassinger: EO13303 gives American citizens the right to invest in the country of Iraq, like real estate...Iraqi stock market... just as if we were citizens of Iraq...the only place where we are involved in the order is one line..." or any other financial instrument" ...currency is a financial instrument.
Trapdoor: re: 13303 This certainly means they want to protect the DFI funds and believe they could be vulnerable after the 22nd without this protection. This could mean a lot of things.
Trapdoor: Good: the Dinar will RV around or soon after this date and the sovereigns looking to sue Iraq for what they owe them will be able to use their dinar instead and not go after the DFI funds, creating confusion and litigation that could delay any roll out……Bad: Iraq is nowhere near ready to RV and have a lot of things to do to get this ready to release and they need the protection so as not to lose the funds.
Trapdoor: The CBI has already stated that there will be no use of DFI funds to support or pay for government operation and that a budget needs to be passed before the GOI will have access to them. Tis budget must be able to be supported and funded completely separated from the influx of DFI funds.
Revectors: Trapdoor it's probably a good thing and it will continue to be signed yearly until OFAC is completely done with the Iraqi government.
Trapdoor: I also believe they HAVE to RV in order to protect the DFI funds to move forward on the projects. Otherwise, there will be action taken by many countries to get repaid debts out of those funds. This is why 13303 was extended IMHO. A temporary shield while they get the rest in place On e they RV, those countries holding dinar will not need to go after the DFI funds. There are a lot of things at the snapping point worldwide. I can't see how they have held it off this long!
BSquared: Okie said: "I AM STILL CONFIDENT IN MY TIMING PROJECTION POSTED LAST WEEK,----" What was his projection???
Zzzzzzzzz: Okie said any time on or before the 22nd
Tannergirl: i think Okie was betting on the 13303
Mackaronni: It's amazing to me that Maliki is being indicted for war crimes, then elected for a third term...? What a world…….
OneVoice: Mackaronni that's right what a world .....
Praga: They had to RENEW this thing can only mean, they are NOT ready, and we are at the exact same spot as we were last year. DAZ, that is very depressing. And the fact I can buy more DINAR tomorrow, is not making me happy
Wrench - No it does not mean that. It means that the DFI funds are still to be protected by the USA so other countries cannot swoop in and claim them. It does not postpone the RV
Wango1: OK Before everyone starts Executive Order 13303 being extended is a good thing!!! It allows Americans to own Iraqi Dinar among other things. Now if everyone watches the same people who were stressed last week because the anniversary was coming up will be the same fools that are stressed because it was extended. On the plus side Obama is thinking about Iraq today and that is the proof!