ronscarpa Posted November 25, 2018 Report Share Posted November 25, 2018 11-24-2018 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK OF IRAQ- THE VALUE OF THE IRAQI DINAR INCREASED BY 9%" So for Iraq to compete with foreign products it must float the value of the dinar. This article demonstrates why. We know that they will NOT float the program rate as it is fixed and pegged to the US dollar. So something has to change and change VERY soon since Iraq just announced it is going to trade with Iran using solely dinars. Iran of course does not want dinars, as they feel they are not liquid enough and do not have the global purchasing power. 11-24-2018 Newshound/Intel Guru David M. Witty In Iraq, Baghdad's Green Zone to be open to civilian traffic starting tomorrow. First time Green Zone will have been opened since 2003. 11-24-2018 Newshound MilitiaMan [Q? Do you think Iraq has to wait for the other countries that will be in the basket to RI or RV?] No. I do not. 11-24-2018 Newshound Guru Adam Montana Article: "Texas is about to create OPEC's worst nightmare" [Q? How do you think this may affect the RV?] The article seems to indicate that the US is ramping up oil production, which will lower prices globally. Iraq may need to adjust their Budget, and maybe the potential RV amount will be reflected in that. Let's say they were to RV at $1, but oil is 30% lower than the former anticipated price, then the RV could come in at .70 as well. As far as timing of the RV, I see no concerns. 11-24-2018 Newshound/Intel Guru David M. Witty Iraqi Speaker of Parliament says next Parliament meeting on Monday will vote on unfilled cabinet positions. 11-24-2018 Newshound Guru chattels The dinar has the potential for a favorable return on investment. The question is when and or how much. 1 Quote Link to comment Share on other sites More sharing options...
climber7 Posted November 25, 2018 Report Share Posted November 25, 2018 Has anyone else caught on the subtle name of this guru? DAvid M Witty= DM Wit Say it out loud—> Dim Wit The (many) names these guys come out with make me think they turn this dinar venture into a joke and are subliminally making fun of us 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
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.