Wednesday Noontime Opinions @ 12:45 PM CST - 11/11/2020

[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

 

 

*** Jeff *** Article: "Parliament holds a voting session on the borrowing law"  ...we're looking for two things after this...We're looking for parliament to come out and say that they have finished and completed voting on the Borrowing Law.  We need to see an article that's saying it's fully approved and done by parliament.  And then the second article is we're looking for the law to be passed off to the president.  We need him to sign it.  It needs to be a legal binding law...those are the steps we need to see with the law before you're going to see that rate change...the president most likely is not going to sign it until probably next week sometime...

 

*** Mnt Goat *** ...we, as investors have trillions of this currency [IQD] in our holdings. Don’t hear much about this do you? They must come after our holdings...to get these notes out of circulation. The only way they are going to get mine is for me to exchange them at the banks for substantially more than what I paid for them.