Popular Post ronscarpa Posted December 26, 2020 Popular Post Report Share Posted December 26, 2020 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 Frank26 ...What's going on right now with this change in rate it's having the effect it's supposed to have. A lot of people are now coming into the banks in Iraq with their mattress money...they are doing exactly what the CBI is telling them to do. They are moving faster than ever before. This rate is not a permanent thing. I've said that over and over again and I will continue say it... Adam Montana With an official announcement of the move to devalue the currency, many people will be running to sell their "now worthless and doomed" currency. Many larger holders will almost have no choice but to take the loss, selling their dinars back. And Iraq will be sucking up currency from the outside, decreasing the external supply, and therefore decreasing their liabilities, which makes it cheaper for them to RV. This is not rocket science, my friends! This is the kind of announcement they can afford to make, because it works in their benefit. They would never announce a future increase in the exchange rate, because investors would do the opposite - rush to buy dinar, which would cost them money. I could go on for hours. Pages and pages could be written on the reasons this is a solid move for them Pre-RV...Be well, Merry Christmas, and GO RRRVVV!!! Taken from another site that follows Adam & posts snippets from his posts. See hid full chat at: Adam Montana Weekly CHRISTMAS EDITION 23 December 2020 Jeff Article: "Unprecedented drop in the Central Bank auctions". This is actually one of the signs we've been looking for is to see the actual amount of money auctioned off or sold through the currency auctions...when they really reduce this figures and numbers that would be one of the signs letting us know that we're actually getting close to the timing of the rate change. Here it is. We wanted to see the overall volume decrease through the currency auctions and that's happened...that's a great sign and exactly what we want to see... Walkingstick This move [devaluation] that you're seeing - it was expected. You should consider expecting another move in the exchange rate of the Iraqi dinar. Not in a downward direction but in an upward direction...these two weeks we feel that they can get it done. But I want you to respect January...before a country adds value to its currency they normally devalue it... Pimpy Article: "The decision to reduce the dinar: To treat treatment or to stop the collapse" ...The choice was to devalue the dinar. Quote: "The Central Bank of Iraq statement regarding the reduction indicates it must be emphasized here that this change in value of the Iraqi dinar will be a one-time event only and will not be repeated." They have devalued the dinar. It's only going to be done once. And will not be repeated. That's a good thing. It means it can only go up from here. Frank26 ...When this [RV] happens there will not be a fan fair. There will not be fireworks all over the place. You think the fake media, ABC, NBC, CBS are going to cover it? ...heck no. You know how good that will make President Trump look? The only place you're going to see it is on the CBI website... That's all there is folks...Blessings...RON 1 8 9 Quote Link to comment Share on other sites More sharing options...
blueskyline Posted December 26, 2020 Report Share Posted December 26, 2020 Thanks and Happy Holidays Ron ! 4 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted December 26, 2020 Report Share Posted December 26, 2020 Thanks Ron and have a Happy New Year. 3 2 1 Quote Link to comment Share on other sites More sharing options...
CSM (R) Thack Posted December 26, 2020 Report Share Posted December 26, 2020 Thx Ron...Happy Holidays!!👍🇺🇸 3 1 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted December 26, 2020 Report Share Posted December 26, 2020 Happy New Year. The clock is ticking down & it looks like nothing will happen until 2021. Not being a party pooper but it's looking more like 2021. 1 1 Quote Link to comment Share on other sites More sharing options...
BKD Posted December 26, 2020 Report Share Posted December 26, 2020 Verifying Adams last post. Good to hear dinars are being turned in. Go RV!!!!!!!!!!!!!!!!!! 2 1 1 Quote Link to comment Share on other sites More sharing options...
cjdavid Posted December 26, 2020 Report Share Posted December 26, 2020 Thanks Ron. Always enjoy your posts. 1 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted December 27, 2020 Author Report Share Posted December 27, 2020 By the way everyone ... the post is Thursday Midnight - 12/25/2020 not Friday ...! 1 2 Quote Link to comment Share on other sites More sharing options...
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