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ronscarpa

Saturday Morning Opinions @ 9:15 AM CDT - 8/01/2020

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Good Morning Dinar Vets, here's a few 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

 

 

*** Dinar News Update ***  The Central Bank of Iraq has finally updated their market rates for the dinar.  It's been nearly two and a half months since the last update.  Their latest CBI officially reported market rate for the dinar for July 28th is 1238.916.  This is out of the the IMF's 2% rule with the official rate.  It's unknown why the CBI kept the market rate hidden all this time. (Actually it wasn't hidden, only not posted. I was available on their website in the rate in the Gold & Exchange Rates Download link, and you had to dig it out). It's unclear why they've decided to begin publicly updating again.  It's unclear why now...is there something significant about the end of July..? 
 
*** Pimpy *** ...man somebody is trying to score some major major brownie points with the United Nations.  Our boy Al-Kazemi is not playing around...it's nice to see when people actually get in government and care more about the people instead of themselves... Al-Kazemi Speech quote "..we have worked tirelessly to work on a comprehensive reform paper called "the white paper" that will revive the Iraqi economy, solve financial crisis...activate agriculture and industrial production, introduce projects to address these crisis and our unemployed youth, revive the market and put Iraq economy on the right track by stopping the waste and exploitation of the public money..."   Now there are a lot of people who really believe that the rate change is in the white paper.  But my thing is when is this "white paper" going to be implemented if that's the case? ...it looks like things are going in the right direction...

 
*** Adam Montana ***   Article:  "Al-Kazemi's visits to Riyadh and Washington were not canceledQuote:  "...tours of Prime Minister Mustafa Al-Kazemi of the Kingdom of Saudi Arabia, and the United States of America, existed and were not canceled.Taken from another site that ollows Adam's Opinions and posts snippets from them. You can see Adam's whole chat at: Adam Montana Weekly 29 July 2020
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I can think of at least 12 years that were good years to revalue, but, none the less, I'll take this year just the same.

 

GAUX RV !!

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