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Wednesday Afternoon Opinions @ 3:53 PM CDT - 7/01/2020


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Good Afternoon 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.  :twothumbs: RON

 

 

 

*** Frank26  ...the intricacies of what can happen are complex.  We've taken you to the point of where it's at now.  It's coming up to on par 1 to 1 with the American dollar.  They say so.  What happens after that?  ...You think it's been difficult up to this point?  Just sitting having to wait?  That's all you had to do...it's gonna get even harder now.  For you to keep this money when you don't even know how to deal with money - good luck...don't you ever let your dinars out of your sight.  Never. 

 

*** Pimpy   Looks like the dinar rate is in review.  Article:  "The National Business Council calls for a review of the exchange rate based on the impact of the oil price decline".   I told you I seen some minutes between the IMF with the Central Bank of Iraq...the Government of Iraq wanted their exchange rate reinstated at $3.22...the IMF along with the Central Bank of Iraq was saying no that would be too big of a shock to the economy and they wanted something around $1.13 to $1.34.  The reason is they wanted a sweet spot.  They wanted it to be high enough where they had more purchasing power but they wanted it low enough where they could be competitive against other countries importing and exporting...I thought that's what the rate would be...nonetheless it looks like it's going to be reviewed.  This looks like what we were hoping for...

 

*** Adam Montana ***   These Weekly updates are getting more and more fun for me, because Iraq is moving faster and faster. The proof is coming daily, hourly...we are looking at an HCL move soon, and that's about all we need right now! Article quote:  "this week or next week may witness the return of the Kurdish delegation to Baghdad again in order to complete negotiations and dialogues with a view to resolving all outstanding contentious issues between the two sides," noting that "the two sides are still working to solve the oil and customs issue and Kurdistan's share of the federal budget."  That doesn't say "HCL tomorrow, RV by Friday"... but it's pretty darn close..! ...hang tight...we are closing in... Go Iraq, go HCL, GO RV..!!!  This was taken from another site that follows Adam's Opinions and posts snippets from them. You can see Adam's full chat at (link): Adam Montana Weekly 1 July 2020 

 


*** MilitiaMan  ...they don't have any money...But they can get their money if they do what?  If they raise the value of the currency...

 

:flagsmiley:

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Okay, I am convinced..... So go ahead and Revalue or Reinstate already. Anytime is alright as long as it's done by the weekend. (It'd make a really great celebration along with the 4th)

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