Tuesday Afternoon Opinions @ 5:45 PM CDT - 6/30/2020

[ronscarpa]

Good Morning Dinar Vets, here's several 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  ...the whole process here is coming to a head...the National Business Council calling for a review of the exchange rate.  And then you have the government close to sending the economic reform law to parliament.  And we had some other things converging that get us to this stage - an ongoing dialogue with the Kurdistan region.  All those things coming together is important because they all will meet and mean one thing and they all support the focus - going to a market economy...the focus of going to a market economy is the purpose and to get to the market economy...you're not going to get to a market economy with a program rate...all these things are coming...around fast and furious right at us...

 

*** Kaperoni  There is so much news happening in Iraq over the past few weeks pertaining to the financial system as well as trying to create a private sector. They have many laws still to pass but things are moving at a very good pace. If things keep going at this rate it's almost as if Iraq is trying to make up for the last 10 years in the next few months. We'll just have to watch and see how it unfolds....Is Kaperoni softening..? Could it be that Iraq might just move faster than he previously thought.  We shall see..!

 

*** Frank26 ...there's a reason they have not paid their salaries yet...there's a reason why they have this economic reform law coming out...there's a reason why the border are being taken care of...why loan are being installed...Dear God, look at what they're doing...the biggest thing is they have no liquidity.  Has anyone lent them any money? No..!  Has any of the investment money come in yet?  No..!  They got no liquidity.  They're barely making it and they have done everything "on this [poker] hand" that was dealt to them.  It's time for them to call, show the cards and raise the value.  Everybody gets paid.  That's why all these countries are sitting there and still coming in.  Still investing...

 

*** Footforward   [Q? : Do you think we will be able to exchange with Canadian Banks?...Once international we should be able to exchange at Canadian Banks I would think?]  I believe we will be able to cash out at banks in Canada.

 

Edited June 30, 2020 by ronscarpa