Sunday Evening Opinions @ 8:15 PM CDT - 5/31/2020

ronscarpa · June 1, 2020

Good Evening DinarVets, Today is the birthday of Christianity..! Here are a few more opinions & comments from other members of the Dinar community that might be of interest to you. Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what seems to be happening in Iraq. RON

*** Footforward ...all banks will exchange dong. No banks except for Citi Bank exchanges dinar right now because it's not an internationally traded currency. There is the potential for satellite banks from the CBI to be in the US...IMO, the CBI would have the best rates. They are playing with house money. It costs them nothing to cash us out...Hence why there would be no income tax in that case. It literally becomes a currency swap in the truest sense... Between those, our banks and currency dealers, we will have tons of options. No bank in their right mind is going to talk about post RV right now... [Be sure to check with your tax professional at the appropriate time.]

Looking at the Tax Code, my tax attorney says it will bea taxable event...RON

*** Pimpy Article: "Parliamentary Finance: Al-Kazemi has the powers to cancel the currency auction" ...Say what? That's right..! Quote: "members of the parliament finance committee confirms on Saturday that Prime Minister Kazemi owns the powers to cancel the foreign currency auctions at the central bank..." There are a lot of things going on... :twothumbs:

*** Jeff ...this is my opinion. Nothing more. I'm strongly looking to the second half of June for a financial blessing and for Iraq to go international... I hope you're right for once Jeff..! RON