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8-31-2018   Newshound Guru Adam Montana   [...tell me what do you really think the value will be once this is RV... I've been a long time supporter of a .10 RV.

8-31-2018   Intel Gurus Frank26 and Delta   Iraq new 500-dinar note with Kurdish confirmed.  [SO WHY CBI IS GOING TO INTRODUCE MORE 500...IF ALREADY DID A LOT OF THEM ON 2016.] CAUSE THE NEWER ONES HAVE THE SECURITY FEATURES ON THEM VERSES THE OLD ONES AND...TO TRACK EVERY DINAR IN THE WORLD.  (big grin) 

8-31-2018   Newshound Guru Don961   Article: "Advisor To The Prime Minister For Finance To Imn: Iraq's Financial Coffers Increased To $ 58 Billion"   Quote:  "monetary policy more transparent than fiscal policy," noting that "the economy's economy created a convergence between the financial and monetary policies." Hmmm...converging of financial and monetary policies hey Mr. Saleh...what are you trying to tell us...is converging exchange rates next?

8-31-2018   Newshound Guru MilitiaMan   Quote:  "...We welcome the existence of any cooperation between us and neighboring countries in the field of local currencies..."   ...in fact it is a kind gesture to be so considerate at this juncture, as to almost tip his hand on what is effectively going to happen in the short term. If there were not a need to mention currencies, why do so? He wouldn't, he would if there is an all likelihood a big change or differential in currencies to come and soon, that is why.. Imo.. 

8-31-2018   Newshound Guru Adam Montana  [When the elections will be really over? And the new PM will be announce? They are dragging and dragging the process. Actually, they are moving faster than they have in previous situations. I'm optimistic over their constant improvements in their political processes - it would have been nice to cash in already, but it would not be nice to have them not making improvements.  Patience and a little bit of faith... sometimes both come in handy.

8-31-2018   Newshound Guru Don961   Article: "Dagher: $ 58.7 billion in Iraq's hard currency reserves and 89 tons of gold"   Quote:   "...And the deletion of the three zeros of the Iraqi currency, he replied Dagher that "this issue purely technical and has nothing to do with the rise or fall of prices, and we are in the form of coins in our future projects, although it is high cost, but it is longer in circulation..."  cool...telling the citizens and the world , deleting the 3 zeroes ain't no thang...doesn't reduce purchasing power or cause inflation in market prices...merely a technicality just replacing the big notes with more manageable numbers to use in the marketplace...and adding coins ...even though they cost more to mint...they will last longer in circulation...imo.

8-31-2018   Intel Guru Bruce   [via Pinkroses]   ...what is going on in Iraq...there is a super freighter...full of goods from China...They are waiting for the Bill of Lading...in conjunction of payment coming from newly revalued new Iraqi dinar at midnight...Friday night.   The other thing we are hearing that the new Qi cards have been issued throughout the citizens of Iraq.  Those will be activated on Tuesday. They will be available to be utilized and paid the oil revenues that are paid to the citizens, a certain percentage. I believe those payments will be available after those cards are activated which will be September 5th, Wednesday.  ...The 1st is...Saturday and we are hearing we supposed to wrap this thing up at the end of the month which is tomorrow [Friday]. It is still quite possible that will happen... there is an off chance, possibility that we could get started over the weekend. We are right down to the wire.

8-31-2018   Newshound/Intel Guru BGG   Where are we with this investment?  ...Here are some thoughts on the current situation... So many say the politics don’t matter to the currency. This isn’t exactly accurate. The politics impact the economy… Iraq’s currency is, by many astute accounts, “grossly undervalued”.   A basic definition of currency?  It is a promissory note on the underlying economy of the country. I am assuming any governing body with say in this matter is going to refrain until the results are final and a government transition is made or is being made. Just my thinking. How is this formation coming along? There are now two main groups competing for the chance to form the next GOI…

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      Good Evening DV, here's a few opinions & comments that might be of interest to you. Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
       
       
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    • By ronscarpa
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    • By ronscarpa
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    • By ronscarpa
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    • By ronscarpa
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      Taken from another site that follows Adam's Opinions and posts snippets from them. See his whole chat at: Adam Montana Weekly 25 November 2020
       

      Have a Happy Thanksgiving Everyone - GOD is so Good - Blessings..! RON
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