Tuesday Morning Opinions @ 10:44 AM CST - 11/24/2020

[ronscarpa]

Good Morning DV, 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

 

 

*** Petra   BIS is the Bank of International Settlement.  They're the central bank of all central banks.  It is the lead bank in the world.  Their responsibility is to distribute the currency rates around the world to all the central banks...they work very tightly with the IMF and the World Bank.  They are also involved in investing.  I hope you all caught that article from Thursday or Friday highlighting their interest in Iraq.  The big question one has to ask is - Why would the BIS be interested in investing in Iraq that is currency under Article 14 because they have not change their currency rate?

 

*** BGG  ...opinion. Everyone has one. Uhhhhhhh… but did anyone mention to Kaperoni that Iraq is in the news DAILY about “converting” to a “market economy” – they want to be included in the world market.  [Reference Kaperoni 11-23-2020]

 

*** Mnt Goat  Article: "15 countries sign the world's largest trade agreement" Quote: "I am delighted to say that after eight years of hard work, as of today, we have officially reached the Regional Comprehensive Economic Partnership negotiations with a signature conclusion," said Vietnamese Prime Minister Noyn Chuan Phuc."  So, what is the likelihood of the Dong going through a revaluation do to this agreement? Remember it is already trading on FOREX. Pay attention to what is going on and be ready!

 

 

Edited November 24, 2020 by ronscarpa