Tuesday Early Afternoon Opinions @ 1:45 PM CDT - 10/13/2020

[ronscarpa]

Good Afternoon 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. RON

 

 

*** Pimpy ***  [ Q? : ...what does that mean - Raising the dollar against the dinar?] ...that would be bad for us.  That means they would increase the number of dinars you get against the US dollar.  We don't want that.  We want them to decrease the number of dinars we get for every US dollar to the point where now they increase the number of dollars you get verses dinar.  There was some confusion in here.  When they're saying 'raising a dollar against the dinar' that's devaluing the dinar.  We don't want that...raising the dinar against the dollar is increasing the value of the dinar and devaluing the value of the dollar...don't get them confused...

 

*** Frank26 *** ...IMO we are already there.  Kinda shocking isn't it?  To say something like that...I don't say things lackadaisically.  They have a reason.  They have a purpose.  They also have a lot of time and study behind it.  What they're doing is going about the business of giving it to the citizens... 

 

*** Footforward *** Article: "Parliamentary Finance and the Central Bank Governor discuss the "white paper" and foreign reserves"  Quote:  "the Central Bank foreign currency reserves amount to 52 billion dollars and Iraq will be in danger if it falls to 20 billion."  It's amazing they even have 52 billion left.  [...real close I believe.]  I share that opinion.

 

*** sheila ***  Lot's of articles about White Papers. Good sign.  Don't know exactly what they contain. White Paper is big indicator for economic reforms. Budget figures within. Big question is if the budget figures are in billions or trillions. Billions - new rate. Trillions - program rate.  No access to content. Just know that White Papers mean good business is about to happen...World will know very soon what they contain. When it goes to Parliament, if White Papers are not released, they certainly will be leaked.

 

 

[yendor]

 

*** Frank26 *** ...IMO we are already there.  Kinda shocking isn't it?  To say something like that...I don't say things lackadaisically.  They have a reason.  They have a purpose.  They also have a lot of time and study behind it.  What they're doing is going about the business of giving it to the citizens... 

 

One has to laugh when Frank says  ".... I don't say things lackadaisically." Hell, he has said we are there so many times before........ (sigh)

[trvlr787]

Yeah if I had a handful of Dinar every time Frank erroneously predicted an RV I wouldn't need an RV. I would be rich on the present rate.