Friday, September 6, 2013

Tonys Call

 - a lot of you had questions about the post I put up yesterday - "don't worry, be happy." The rates are "live" and we're looking good for today. What does "live" rates mean? I'm talking with three different banks and they can see the rate. The rates are going up/down for IQN & IQD match like their being traded on Forex. There are not administrative holds. It hasn't come to the public and can be changed. They call it "live" and it's their business, so I think I should call it "live" as well.

T - The day before they called everybody in at one time (multiple banks) with the most personnel in at one time. They verified the rates and dispatched to their call centers. Yesterday they didn't do all that because they were kind of mad. There was a timer - a countdown clock for 2 nights ago. It ticked down to zero and it didn't happen (the timer timed out). The discussed it and decided now there is no timer - it can go at anytime, can go any moment.

T - I thought it would be the same time as usual, but here we go again. This morning everybody is totally upset and mad. The agencies in DC were given permission to talk to each other about it, unlike ever before. It's getting ready to go so there's no reason not to talk. We're going thru this process hour by hour. This morning the rates had gone to 3.87 & .98 - you know what that means? They got ticked off and the rates dropped. An hour or 2 later, we were back to the double-digits.

T - once again, today, as we speak, they're going thru that final process again! They have vowed if it doesn't happen today they're not doing it again. But we heard that before. They keep being people in and sending them home, and it doesn't make sense. They're wearing their people out and tired of doing that. There is no political football going on, but I'm not sure I can honestly believe that. But that's what they're telling me. In the months and years from now, we can talk about it, especially what is happening this weekend leading up to Tuesday. But the day isn't over - it can be 2PM or 5PM this evening - they're still bringing in personnel.

 T - Like any other job, where you are involved in a project and can't get part, meet deadline. This is our plan but on the way to the zoo we got a flat tire and so can't get to lion cage at 11 and therefore can't be .... for lunch. If you can't handle it because of the stree in your life now, then don't listen and just wait for somebody to call you when it RVs. You're in the best position of all: you bought your IQD. We are not in the Board Room - all we're hearing from the highest levels we have access to that it's a "go". But we won't know the details of when and how much when it actually happens.

T - I'm still excited and looking for it at any time now. There is no longer a timer involved. Yesterday it was pushed to teller screens and they could see. No, you're not going to walk into any bank and they'll show you. Each bank has folks to confirm it's working and they can see it. Yesterday is was there. This morning it wasn't. Now it is again. What does that mean?

T - Regarding Iraq, earlier it was in their news. Today they're telling their people the IQD has to go international in order for companies to come into Iraq and operate. They're posting that on their TVs today - not saying it won't happen until 2014. They've done their part and are ready for this. They're not waiting to pass new laws, not arguing in Parliament, not coming out in the news everyday that Maliki and others are fighting.

1 comment:

Anonymous said...

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