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Friday Morning Opinions @ 11:45 AM CDT - 7/03/2020


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Good Mornig 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

 

 

*** Mnt Goat   ...There is now NO sign from the CBI they are doing any actions for a near future RV for the rest of this year. Sorry!   For some time it was looking as though we might have a pretty good chance but that chance was killed this week. Now that the finance committee in conjunction with the CBI has re-issued bonds to cover the 3months beyond July - Sept for the salaries. So the pressure is off and we may have to wait a bit longer to see the reinstatement. Maybe January 2021 is coming back into view? Just saying….:facepalm1:

 



*** Breitling  If the value of their currency is too high regionally...no body is going to want to do business with Iraq because the value of labor is too high.  This is how Iraq is going to look at it.  They are going to look at that.  And they are also going to compare it with them doing business outside of Iraq and they might be able to pull it off.  That's how they're looking at it.  That's why they haven't made the decision yet.  That's why they're taking their time.  You guys are in panic mode because you're waiting for your big payday.  You don't realize how important of a decision this is for Iraq...(Post 1 of 2)... 

*** Breitling   ...They've got to be able to balance...how do they be competitive in the region and also take advantage of the International markets Because if they go too high - regionally they're going to get cut off.  If they go too low they're not going to be able to pay for the local budget...(Post 2 of 2)... 



 

*** Ray   From across the pond...All talk today is the plan to cover the salaries for next 3 months at reduced rates so Iraq can pay salaries. Then after 3 months, the new plans and reforms will assist.  This indicates no rate change for 3 months going into the new fiscal year just like they talked about this morning and now is on Iraqi TV.  (REMEMBER: Watch what they DO... not what they say)..:rolleyes:

 

:salute:

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