Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Wednesday Midnight Opinions - 14 Nov 2018


Recommended Posts



11-14-2018   Newshound/Intel Guru Mnt Goat   Article:  "IRAN, FEELING SANCTIONS BITE, LOOKS FOR OUTLET IN IRAQ"   So what do we know?  We know that the US does not want Iraq to use USD to trade with Iran. I have always said these Iraqi currency auctions are now just funneling more money to the terrorist in USD and were set up initially to do just the opposite. So why even continue them then? They are part of the problem.  How can this be since they forced Iraq in the past under the sanctions to use only USD thru converting dinar to US dollars thru these currency auctions. Oh – but these sanctions are now lifted and so why does Iraq continue to use these auctions..? "Answer: follows in post 2 below" ...(post 1 of 3....Reposted)... 

11-14-2018   Newshound/Intel Guru Mnt Goat   For only 2 reasons – a. continuance of corruptive banking practices (greed) and corruption and  b. political will to execute the “project to delete the zeros”. Again these same politicians are making a...load of money off these fake banks. This is why Dr Shabibi realized the necessity to end these auctions as soon as possible. But the corruption during the Nori al-Maliki administration put a dead stop to this effort. This was the closest the CBI ever got to completing this project to delete the zeros. It has been an uphill battle ever since to do it...(post 2 of 3)..

11-14-2018   Newshound/Intel Guru Mnt Goat   We know that the new asset backed currency rate calculation system introduced in 2012-2013 is generating periodic rates for many of these underdeveloped countries.These rates are pushed down to the banks through this system. Yes, these are real rates but they are not yet implemented. So why does the Iranian Rial all of a sudden show up again with a rate of about $3.90. WOW! This is remember all calculated based on assets and bumped around with neighboring middle eastern countries. This does NOT mean these rate are imminent or will show up LIVE today or tomorrow...(post 3 of 3)... 

 

 

 

11-14-2018    Newshound Guru Kaperoni   There is no RV or RI...if the dinar appreciates in value it will not happen overnight.  That being said, monetary policy will need to change to accommodate investment and that means they will need to float the dinar.   Floating the dinar allows the CBI to gradually raise the value to counter inflationary pressure created by an influx of investment.  A float can start anytime, but i do not see it rising to equal a dollar for several months if not longer.

 

:salute:

Edited by ronscarpa
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.