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Laid Back

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Laid Back last won the day on October 17 2015

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About Laid Back

  • Rank
    Om sai Ram

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  • Gender
    Male
  • Location
    Hanging between trees
  • Interests
    Surf, Yoga, Karate, Meditation, Jogging, Hiking, Camping, Reggae music, Travel, Nature.

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  1. Thank you brother Wiljor ๐Ÿ‘๐Ÿผ๐Ÿ™‚ Agree With you 3n1, We will never really know till itโ€™s past tense. Still hoping for an RV sooner than later Thanks Rochester, I really appreciate your comment.๐Ÿ‘๐Ÿผ
  2. 12 consecutive days without daily auctions. As it is known, the dollar is the main engine of commodity markets in Iraq, as the country imports most of its overseas markets Foreign exchange auctions serve as an intervention instrument for the central bank to smooth exchange rate fluctuations. How they will cover imports without daily auctions? How they prevent the raising of street rate without pumping dollars into the market? How they keep the 2% gap between Official rate and street rate without auctions? How they prevent inflation without pumping dollars into the market? Maybe Iโ€™m wrong but I believe we are witnessing the Sterilization process. Sterilization is a form of monetary action in which a central bank seeks to limit the effect of inflows and outflows of capital on the money supply. Just my opinion.! Go RV Go asap
  3. You got that right my friend ๐Ÿ‘๐Ÿผ Thank you HCR, for your kind words ๐Ÿ™๐Ÿผ Thank you for your comments my friend and also for all the great information you bring to this board. I remember when I wrote โ€œwhy I believe our wait will be longerโ€ I collected some grief for those opinions. But to be honest I didnโ€™t care because I knew what was happening in Iraq. All based in my own research and news articles. like we all know there are many things lining up that appear to point to a big change. Just remember this is iraq and everything is possible. Iโ€™m hoping for the best to all of us. Take care and stay healthy Go RV Go asap
  4. This is very exciting.!!! Looks like April is our month. Go CBI Go April Go RV Thanks Ron๐Ÿ‘๐Ÿผ
  5. $87 billion dollars in reserves.... thatโ€™s HUGE โž• 11 consecutive days without currency auctions. Go CBI Go Reserves Go RV Thanks again yota ๐Ÿ™๐Ÿผ
  6. Agreed HCR, Things are very interesting ๐Ÿค” Stay healthy ๐Ÿ˜ท My brother, You got that right, the current scenario is ripe for an RV๐Ÿ’ฐ๐Ÿ’ต๐Ÿ‘๐Ÿผ๐Ÿ˜Š
  7. I read an article talking about paying all public employees before the end of the year 3/31/2020. Looks like the new fiscal year falls on April 1st. No more than a week, because of holidays. Go RV Go asap
  8. Let it be Universe, please..... GO RV Not CV
  9. In my 11 years on this investment, I have never seen 10 consecutive days with NO daily auctions. All public employees salaries have to be paid by 3/31 Thereโ€™s an article talking about printing currency Not issuing currency. ( maybe they are referring to LD notes) Go RV Go asap..... In April Thanks Ron.!
  10. DT, I like the sound of this. โ€œThe Iraqi economy, as well as the Iraqi market, are witnessing exceptional circumstances that call for adopting alternatives that will make things better and closer than they were before the spread of the Corona virus in recent weeks.โ€ Thanks for all the Articles and comments. Go RV
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