ronscarpa Posted September 13, 2019 Report Share Posted September 13, 2019 9-13-2019 Newshound/Intel Guru Mnt Goat Simply put when the time comes the IMF will put the IQD in an SDR basket of currencies including the Yen, Yuan, Pound, Euro, USD and then the IQD. ...What does this do? It creates stability in the marketplace since, if one currency gets too shaky, the others will back it up and support it... How does putting the IQD in this SDR basket effect our exchange? Since the IMF will have to now weight the IQD along with the assets from these other 5 currencies in the basket, it will cause a re-calculation of the IQD rate and drive it higher like the pre-1991 rate plus equity. This is what will be the driving force behind getting more than a 1:1 after deleting the zeros. ...This is what will justify it. 9-12-2019 Newshound Guru Adam Montana It's been some time since this came up in the news, but I believe it was about 5 months ago I made mention of Saudi Arabia working on playing nice with Iraq again... and what they have to gain by doing so. Saudi Arabia couldn't be bothered to give Iraq the time of day 10 years ago... now, they are changing their tune: [Article] "Iraq-Saudi border crossing to reopen after nearly 30 years". ...WTI OIL is currently at 54.94... Other news that's positive - CBI, IMF, GOI are all active. We are not in one of those vacation-day lulls. Overall, it looks like things should start moving... right in time to hit a mid-September spurt. 9-12-2019 Newshound Guru Jeff [Article: Saleh and Abdul Mahdi discuss developments in the political situation and the implementation of the government program] ...the "government program" is everything that exists after the rate change. It's the period after the rate change that gives the citizens a better life. So that's why they're talking about implementing the "government program" now or soon because that's the period after the rate change... ******* 1 1 5 Quote Link to comment Share on other sites More sharing options...
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