Tuesday Evening Opinions @ 6:55 PM CST - 1/05/2021

[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

 

 

*** Petra  the [last] two, five or six days the auctions have gone from 150-200 million down to a million, down to 350 thousand and I think yesterday was zero.  There's definitely a change going on. 

 

*** Walkingstick & Frank26  IOO at the end of this week by Thursday or Friday and reviewed again at the end of the following week the CBI and all their money exchangers and banks will meet...on the subject of the tally of the 3 zero notes that have been collected.  They want to determine if they have hit the sweet spot that they have agreed upon with them and the IMF. The CBI and IMF have a target in order to release the new small category notes and the next exchange rate change...

 

*** Frank26   ...something is about to happen with the Iraqi dinar on a permanent basis...they are about to introduce a 1 to 1 rate because the American dollar is disappearing [Inside of Iraq]...

 

 

 

[nannab]

Thank you Ron and good evening. 

[kgreen]

Frank, I don't pose to know as much as many on this platform, but when you say something big is about to happen on a permanent basis, how does that translate into a 1 for 1 RV? Why not 2 to 1 or $.50 to 1? Thank you in advance.