Thursday Night Opinions @ 10:05 PM CDT - 6/25/2020

[ronscarpa]

Good Evening 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

 

 

*** MilitiaMan   Article:  "Mechanism for opening government documentary credits with private banks"   ...A Documentary credit or "Letter of Credit" is to facilitate trade payments internationally. They are used to make sure things are fair and run smooth. Being internationally accepted in the world requires countries to play on a level playing field... They cannot give out the international exchange rate with out properly announcing they are Article 8 compliant by actually raising the value of the exchange rate. So they use the example of the program rate - IMO. Keep in mind they are telling us they are going to use the D/Cs [Documentary credit]. That means they are telling us they are about to change the value of the exchange rate to be internationally accepted and IMO that will cease the Multi Currency Practices (MCPs) they have been using...So, the timing of this is by design...Telling us they are ready to go ...IMO. 

 

*** Mark   [Comment: Trump needs to get the RV done before the election...]  I agree…I am looking at around 120 days before the election…this is before the 4th…which is coming up soon. I believe he will get the RV out before the election...

 

*** Footforward   ...I can't fathom why on Earth somebody in the dinar community would be talking about this going into 2021.  This was in response to a comment made during a conference call.