Friday Night Opinions @ 10:20 PM CDT - 9/25/2020

ronscarpa · September 26, 2020

Good Evening 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're simply stating their opinions based on what they perceive to be happening in Iraq. RON

*** MilitiaMan Article: "KRG FINANCE AND ECONOMY RUNS FIRST CURRENCY EXCHANGE" Quotes: "After announcing plans to do so earlier this month, the Kurdistan Regional Government’s (KRG) Finance and Economy Ministry ran a currency exchange on Wednesday (September 23) in Erbil city."; "$35 million ($41.9 billion Iraqi dinars) was exchanged."; "On September 19, the ministry said it would exert greater control over the exchange of US dollars and Iraqi dinars in the Kurdistan Region, taking over responsibility for currency auctions from the Central Bank of Iraq." A change in pattern... Very good find...Nice to see the change, we know that for the next part of the reforms will require them to do this. The fees and taxation being strictly monitored, sounds like the new system is in place now.

*** Mnt Goat Article: "GOVERNOR OF THE CENTRAL BANK OF IRAQ: DEVELOPING A DELIBERATE BANKING PLAN TO STRENGTHEN THE NATIONAL CURRENCY" I need everyone to pay attention to what the new governor Al-Kitab is saying in this article. He did NOT say he was going to delete the zeros...at least not yet. However...another article from an economist also taking about the currency and he does talk about the project to delete the zeros. Yehhhhh! What does this all mean? This all means they are discussing the possibility and Al-Kitab may in fact also be considering it. This is the important part of today’s news about the currency in that finally once again they are talking about and discussing the timing of the project to delete the zeros. Why else would the economist just come out with a discussion on this topic...Why else would al-Kitab have this conversation? So we can be assured this is FACTUAL and they are planning to do something soon.

*** Pimpy Article: "With documents and names...Nouri al-Maliki's gangs control Iraq's banks and plunder currency auctions to finance Iran and Hezbollah" Whoever did this investigation they laid it out in extreme detail about what these guys did. They used the Central Bank of Iraq and the public currency auctions to funnel money through organizations and to fund money over to Iran...they plundered billions of dinars from these guys and it tells you in step-by-step how it was done...again this is Al-Kazemi putting the beat-down on making sure the corruption is being dealt with...where they go with Maliki is going to be very interesting...Al-Kazemi is the man. He is definitely getting stuff accomplished. It's awesome.