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Saturday Midnight Opinions - 6/13/2020


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Good Evening Dinar Vets, here's several more opinions & comments 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 they perceive to be happening in Iraq.  :twothumbs: RON

 



*** MilitiaMan   Article:  "Foreign Minister: The Kuwaiti Foreign Minister will visit Baghdad tomorrow"   It sure looks like they are signalling inclusiveness and with an urgency!  The Kurdistan high ranking Delegation is coming  to town and may be arriving in conjunction with the Kuwait Foreign Minister. Lets think about that a moment.  Pompeo is the USAs counter part to the Kuwait's Foreign Minister, if I am not mistaken. The USA having had SFA meetings that were well received by all, may not be over just yet. There may be another one or so in the coming days too. I sense signings may be at hand to some very important items! ..(post 1 of 2)... 

 

*** MilitiaMan  The IMF has had recent meetings with the" Crisis" Emergency Cell on currency reforms and the modalities or treatment if you will, to cure the current crisis.  There will be follow up meetings too. Kinda like a doctor to a patient. Take this alternative we have before us (raise the rate, secondary markets, SDR, Bonds, border fees, taxes and tariffs, reduction in refinery costs, etc.) and let it all take a few days/weeks to start working in conjunction and we will set another appointment for to review your progress, as in WORLD BANK management agreement... LOL...IMO...(post 2 of 2)... 

 


*** Pimpy    ...People go, 'What are you looking for?'  ...I'm looking for the UN to go 'okay' and the United States to go look it's Time for Iraq to be moved out of chapter 7 and into chapter 8.  Give them back their sovereignty.  Give them back their internationally recognized currency.  Allow it to be on the Forex and start trading.  That's what we want.  That's what we're looking for.

 

*** Kaperoni  If you want to see the Iraqi dinar go up in value which I assume you do...the only way it's going to go up in value is when Iraq's private sector economy grows. Only then will Iraq get off the peg and float the dinar allowing it to appreciate.

 

:tiphat:

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Kaperoni! Ain't nobody got time for that!  Those salaries are not going to pay themselves and the coffers are empty.  On top of that, no one is lending.  The most logical way to get out of the pickle they are in is to adjust their exchange rate in a favorable way.  Its good for them and... good for us!

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