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ISX Opened Today 10/09/11

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ISX Opened Today 10/09/11

Post by MichaelG on Sun Oct 09, 2011 7:03 pm

Some good news today, the ISX (Iraqi Stock Exchange) went live and international this morning while we slept (for those of us who sleep when it is dark outside). It is being said that the word is moving through the international community that they are to post the new rate of exchange tonight (RUMOR until it is confirmed) and yes I am a little excited. If you want to know why, read the banking info section of our forum. study

Also, something noteworthy from the ISX. PepsiCo shares were being sold for D1.94 (1.94 dinars) a share (that is $0.002 per share or 5 shares to a penny at the old rate). Now think of this, if that is the artificial program rate which we bought them at, then for just over $200,000 I could become the new owner of Pepsi if i bought through the ISX. Can you say bank loan? LOL I do not think that Pepsi would allow that (I really don't like Pepsi anyway), so that means the IQD must have a new exchange rate compared to the USD. Interesting, is it not. Question

This news along with the news of the Currency Departments at Chase Bank being open on a federal holiday means something. It means that Chase Bank has been told by the UST that they can expect a change in the exchange rate for the IQD along with the other 157 other countries that are either going to RV or DV (re-value or de-value). Shocked

Am I calling the RV? No I am not. What I am saying is that things are happening in favor of a cash-in soon and Iraq is going international finally. It is a process as all the dominos must fall for the process to be complete. Then this ride is over. Folks, this is the most positive global action that can be seen internationally with our investment. This is an out there, in your face, BOO! here I come, statement, that cannot be hidden by any media or government. cheers

Only thing left to say is be in prayer. I know there are some in our group that need this more than others. My prayers are with you and my heart goes out to you. Prayer and faith are our part, God takes care of the rest. All He wants is our love, a true love only a child can have for Daddy. Very Happy

More as it comes in.

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Re: ISX Opened Today 10/09/11

Post by Mlowe on Tue Oct 11, 2011 10:47 am

What affect, if any, do you see with the anarchist protesting in New York on the RV?

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Re: ISX Opened Today 10/09/11

Post by MichaelG on Tue Oct 11, 2011 3:20 pm

As long as they don't blow up Wall Street we should be ok. I really don't see them affecting this going down. This is so much bigger then NY and once it goes global for cash-in i bet they snap those heads around and go, "Say What?!?" I think even Gomer will say "Shazam!"

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Re: ISX Opened Today 10/09/11

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