Tuesday Morning Opinions @ 9:09 AM CDT - 7/14/2020

[ronscarpa]

Good Morning Dinar Vets, here's more 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

 

 

 

*** Petra  ...I've been consuming a lot of popcorn.  It's because there's so much going on it's kind of like a movie...I'm really focusing on the CBI.  I'm looking at what Parliament is doing...I'm looking at many areas of not only Iraq but globally what's happening macro economically with the price of oil with this pandemic that we're dealing with.  The impact that's having on everywhere is really quite amazing.  What's a particular interest to me this week has been the activities of all these outside sources that are getting engaged with Iraq...we're in a place right now that's very quite quite exciting IMO.  It's exciting to watch.  It truly is a play in progress.  We're getting to that final end game...
 
 

*** Pimpy    I want to make something perfectly clear because people are conflating something I'm saying.  When I say recognize the sovereignty, that's a major step towards them getting the reinstatement or revaluing of their currency.  Their currency must be recognized internationally again and that won't happen until they get their sovereignty again and the restriction on their currencies are removed.  Somebody's telling me 'There is no restrictions.'  Yeah there is.  There's big restriction on the currency.  That's what we're anticipating.  An announcement by Trump that he will recognize and encourage the world to recognize the sovereignty.  It would be a huge step and then we want an announcement about the same time or shortly after that the restriction on Iraq's dinar have been removed and we can start seeing it trade once again on the Forex.  That's what we want to see...I'm expecting these next two weeks to be really big...

 

*** Adam Montana  ...The most important concept to understand today is this: The CBI makes money on every auction, and they will continue to do so forever. When the Dinar changes value, the CBI buys it at a lower rate, and then sells it at a higher rate. The CBI will ALWAYS choose the path that makes them the most money.  I agree that a lower rate than Kuwait will be a blow to the ego’s of the Iraqis. I agree that it should be on par with the USD, or even higher. I agree that the rate WILL get there… eventually.   

 

 

*** Adam Montana   When the Iraqi Dinar is ReValued to a higher rate, it will become more desirable to do business in Iraq. Many people will be less hesitant to sign contracts and invest in Iraq. The current Iraqi Stock Exchange (ISX) should see some major movement… and the CBI (Central Bank of Iraq) is going to make tons of money on the exchanges!  I believe that Iraq can sustain a very stable currency at a rate of $3 or higher, but I don’t think they will immediately jump to that rate even if they ultimately desire it to be so...(post 2 of 2)... These were taken from another site that follows Adam's Opinions and posts snippets from them. His entire chat can be viewed at: (LINK)   

 

*** Pimpy   I would love to see Dr. Shabibi come back.  It's been a rumor.  He's really really super old and I think people that were giving him a lot of hell are no longer really there so it's a possibility. I'm definitely curious about what if he does come back.  It'd be a huge positive step.  I think this man knows what the heck he's doing and I would like to see him get back in control of the Iraqi bank...(From Yesterday)

 

[ronscarpa]

These posts of Adam's above were taken from another site that follows Adam's Opinions and posts snippets from them. His entire chat can be viewed at: (LINK) Adam Montana Weekly 12 July 2020