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Monday Night Opinions @ 8:10 PM CDT - 9/28/2020


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

 

 

*** Pimpy ***  ...the last 24 hours have been very interesting...we're still hearing news about the Iraqi dinar exchange rate...We know they're talking about the exchange rate.  Hell they even came out so far as to say they needed to decrease the exchange rate...decreasing the rate helps those individuals who hold on to dinar...they're saying decrease the number of dinars you get for every U.S dollar [Which is good for us]...until they do anything with their rate change we have no idea of what's really going to happen...even if they decrease the rate we don't know about how much...that's why I want people to say grounded.  All of this is good news.  We like it...

 

 


*** MilitiaMan ***  Article:  "The Central Bank: The reform paper for the banking sector will be launched soon" Quote: "The Central Bank of Iraq announced, on Sunday, that the terms of the reform paper will be imminent for the banking sector."  The theme in this imo is the wording “Terms”.  Recall last week...there were two large energy companies working on agreements to provide electricity. Both GE and Siemens were telling us they have projects but they couldn’t yet disclose the terms...  Here...the CBI is gearing to expose the terms of the reforms paper.  Terms are at what rate the banking sector will be using to advance it’s current reality.   Similar to the terms the two companies could talk about!!...(post 1 of 2)... 

*** MilitiaMan ***  If the recent article talking about balancing the banking policy has anything to do with this, which, imo it surely does, it talks about using a balance of payments between the Dinar and the US Dollar...We can see there is an apparent change coming. We are hearing that Media yesterday was telling the citizens a change in rate was to be expected now.   Articles from the banking sector and the GOI support that! In fact economists, the CBI Gov and the PM have piped in on the matter!! Times are looking very good! There are other peripheral things on going that also support that the CBI is about to talk terms!! Imo...(post 2 of 2)... 

 

 

:flagsmiley:Keep the faith everyone, and pray hard ... RON

Edited by ronscarpa
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