Sunday Evening Opinions @ 7:05 PM CST - 11/29/2020

[ronscarpa]

Good Evening 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

 

 

*** Austin Powers  Article: "The Iraqi government announces a positive development regarding the 2021 budget" Quote: “The seriousness of the Iraqi government in sending the draft budget bill for 2021 to the Iraqi parliament this week.”  It sounds like they are seriously "On the clock".

 

*** Jeff   This week is when Iraq finally came forward talking about how they really need to do something with the exchange rate.  They just starting this roughly since last weekend.  It's a new patter for about a week now. Article: "Parliamentary Finance issues a package of reforms that include imposing a value-added tax and reviewing the dollar exchange rate"   Here they're talking about deleting the zeros, doing something with the exchange rate and implementing taxes.  Notice how this type information did not come forward until Iraq finished the borrowing law.  Remember I stressed to you the borrowing law was the last step needed before they could change their rate?  There you go.  Now they can change the rate at any point in time.  But they have to do it by the end of March...we're in a great spot right now...

***  Breitling  ...You can't worry about what you can't control...You have a plan for if Trump is going to be in office and you have a plan for if Biden is going to be in office...it doesn't matter who is president.  The thing that disturbs me most about this stuff is the gloom and doom talk.  "If this guy get's in it's all over." "If THIS guy gets in it's all over."  None of it's true.  Never has been.  Never will be...(Post 1 of 2)...

***  Breitling  ...So what does Iraq have to do under a Biden administration?  What do they want to do?  They want to add value to their currency...Trump's plan...is more of a long term steady outlook...Short term - if Biden gets in it's going to be very very good for us.  Long term if Trump gets in then Iraq is going to be part of our market and guess what?  It's a longer road with a higher rate...(Post 2 of 2)...

 

 

Edited November 30, 2020 by ronscarpa

[GregHi]

Jeff kills me.. he is so condescending to his followers who are probably smarter than he is.. 😂 

Edited November 30, 2020 by GregHi

[cranman]

24 minutes ago, GregHi said:

Jeff kills me.. he is so condescending to his followers who are probably smarter than he is.. 😂 

Just states his opinions as facts. Then they become opinions again when he is wrong. Definitely condescending. 

[adhoc10]

1 hour ago, ronscarpa said:

***  Breitling  ...  None of it's true.  Never has been.  Never will be...(

This is the one sure way to add credibility to a GURU opinion.

 

Thanks for the update Ron!!!!  

 

i like the way that things are heating up.  This investment looks to be moving from feasible to probable.

[SabalPalm]

The reality is Trump is talking to Mustafa Al-Kadhimi, and getting progress updates every month.  Trump sent a team to assist him and set a multi step program of progress in place.   He eliminated Isis from Iraq when they asked Trump for help.  Obama sent the Kurds blankets and food rations when Isis was expanding into Iraq under his administration.  Obama wanted to impose a 14-17% additional tax on dinar holders.  After he realized this bill would not pass, the dinar did not revalue in 2012.  If Biden gets into office he will figure some way to impose the most amount of tax possible on dinar and currency holders, while exempting his fellow cronies.  

[Laid Back]

15 hours ago, GregHi said:

Jeff kills me.. he is so condescending to his followers who are probably smarter than he is.. 😂 

The guy is a JOKE 😂😂😂

[NoviceInvestor]

17 hours ago, GregHi said:

Jeff kills me.. he is so condescending to his followers who are probably smarter than he is.. 😂 

True,  but I love the way he keeps moving the date forward 😃-