Sunday Noontime Guru Opinions - 4/21/2019

[ronscarpa]

4-21-2019   Newshound/Intel Guru Mnt Goat   Iraq has been sucking in these large 3 zero  notes “unofficially” when they went to electronic payment system. By means of not redistributing these 3 zero notes over and over again during payrolls, they essentially were able to collect nearly 2/3 of them and get them out of circulation. The remaining 1/3 the CBI says will remain in circulation and “coincide” with the newer smaller category notes. So far they are using three denominations of the lower categories 250, 500 and 1,000...(post 1 of 2)... 

4-21-2019   Newshound/Intel Guru Mnt Goat    We wait for the CBI to make the next move and launch the other needed smaller categories. This is when we go to the bank. They will have to raise the RATE (of exchange).Note I did not say VALUE since we all should know the value is already in the Iraqi dinar. What we want is a reinstatement to the global currency exchanges and with this a justified new rate to coincide and to reflect with its current VALUE...(post 2 of 2)...

 

 

[ronscarpa]

Have a Blessed Resurrection Day or a Blessed Passover Holiday everyone....! RON

[pokerplayer]

Thxs Ron. And the same to you and yours.

 

   pp

[ChuckFinley]

Thanks Ron, joys as well.