Tuesday Morning Opinions @ 8:45 AM CDT - 7/28/2020

[ronscarpa]

Good Morning Dinar Vets, here's a few opinions & comments by Petra & Austin 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 *** ...If I was going to use two words today to describe all the articles coming out in the last 72 hours it would be "strategic confusion"...there's some interesting development that I think we need to bring up...they are so desperate for cash they are offering people to deposit their money into the banks...I saw two articles.  One said they are offering double the return and other article said they're offering a 10% interest rate.  The only way I could see them making double the return is if they were given double the purchasing power or triple or quadruple the purchasing power.  The key here is the liquidity factor is still an issue within the country of Iraq...they are essentially borrowing from the people themselves so they can turn around and pay them...(from yesterday).. 
 

 

*** Austin-Powers *** ...Normally I'd say that it is entirely possible they'd kick the can down range another 6 months to a year. They've been doing this for 10+ years and nothing would stop them to do that again. However, now it's different. You have a P.M. who isn't kissing Iran's rear end. You have things blowing up all over Iran and putting things out of commission. You have a President facing re-election who needs something dramatic to get reelected. You have a global cash liquidity crisis that needs to be dealt with NOW! You have IQD prices going through the roof because nobody can get it. Something BIG is going to happen between now and January 2nd, and I believe before then.  I have other reasons that I believe this time somethings in the works, but in any case, the earth is moving. How fast is hard to tell, but believe this is coming.