Sunday Afternoon Opinions @ 5:30 PM CDT - 7/26/2020

[ronscarpa]

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.   RON

 

 

*** Jeff   I've been in this 11 years since '09.  This is the first year that they've never approved an operating budget since I've been in this...what they're telling you is that the rate change is married to the budget.  That's one of the main things you're looking for.  And remember Iraq has to have stability.  Meaning Kurdistan and Baghdad have to reach an agreement...the US requested to have the UN come in and work with both Baghdad and Kurdistan to resolve their differences...they have to reach that agreement in order for the rate change to go international...

 

***  Pimpy  This looks like a huge International movement.  This is what we want.  We know that Iraq is going to be the doorway to do major business over in the Middle East.  There's a lot of business opportunities over there.  They've been war torn for quite some time...a lot of infrastructure needs to be dealt with...

 

*** Militiaman  ...the theory of  [the rate change/RV] being out into September is not being supported yet imo one bit.  If you have links to support the view they will extend reforms out to September with fresh information, then please bring it in. Love to see it. In the mean time, we are imo watching the live progress on many fronts, not just Iraqs...

 

*** Pimpy  Article:   "Ministerial Roundtable discussions express support for Iraqi government economic reforms" ...This article is long but I can tell you this, if they have "white papers" for all these different files, they're going to be all presented in September of this year...There's a lot of discussion about, are the rate changes in this "white paper"?  A lot of people seem to be pointing that direction.  I haven't seen anything that says that the rate change is in the white papers but that doesn't mean it's not in the white papers.  I'm looking for something a little bit different.  I'm looking for the international community to once again...recognize the sovereignty of Iraq.  And as you guys know in order to be a sovereign county you have to have your own currency.  Iraq does have its own currency, I get that but they need the restrictions lifted off it so we can see them on the Forex once again...

 

Edited July 26, 2020 by ronscarpa

[DIAMOND]

Thanks Ron

[ChuckFinley]

Thanks Ron and enjoy the rest of your day.