Thursday Late Morning Opinion @ 11:30 AM CDT - 6/25/2020

[ronscarpa]

Good Morning Dinar Vets, here's other 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.   RON

 

 

*** Pimpy  [IFEX Investors' Question] The question was - if the conversion fees, buying from other countries and bringing it into Iraq it's gonna be very costly, the fees are going to be very high, the conversion fees are gonna be very high...and they're worried about inflation because if they start building in this nation that means you're going to need a lot more currency and if you have to keep pumping out more and more local currency, then that can cause inflation to go up. Of course the response was 'That should not a problem.  We have a solution for that.  Don't worry about that.'  Along those lines.  I don't want to tell you guys that they're talking about changing the rate but it sure the hell sounds like it...never in my life have I felt that we're closer to a rate change...  

 

*** Kaperoni   Does Iraq want to see the dinar go up in value? Of course they do but these conferences are all about inviting foreign investment to rebuild and create a private sector. Only then can the dinar begin to go up in value.