ronscarpa Posted January 7, 2021 Report Share Posted January 7, 2021 (edited) 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 *** Mnt Goat ...the CBI is not going to initiate the “project to delete the zeros” until they know they can continue with the process all the way to completion up to the reinstatement including the new IMF basket. They cannot issue lower denominations without a guarantee that the reinstatement at a higher rate will happen, otherwise these notes will be totally worthless and Iraq would jeopardize the economy of Iraq even a worse situation... *** Frank26 ...Iraq has an international rate outside of their country at 1190 to take advantage of their deals. But inside domestically there's a 1 to 1 rate deal they made with the IMF. 1450 was for investment purposes and to help pay the salaries at a lesser cost...Brilliant. 1450 is going to leave IMO in 2 weeks or less because there is another change to their rate coming and this one will add purchasing power to their currency at a 1 to 1 level. *** Walkingstick & Frank26 If we progressively see the auction numbers continue to fall that's another confirmation that the American dollar is about to leave the Iraqi market and very soon to be replaced with a new... denomination and a new exchange rate for these new small category notes. It's that simple. It's not complicated. It's on course. Edited January 7, 2021 by ronscarpa 4 2 Quote Link to comment Share on other sites More sharing options...
cjdavid Posted January 7, 2021 Report Share Posted January 7, 2021 Thanks Ron! Not that I believe any gurus, I have always felt that to get the USD out of Iraq, they would have to make it 1-1 out of the gate. I am on DV because Adam and CO. Have the most logical opinions. 1 5 Quote Link to comment Share on other sites More sharing options...
NWGUY Posted January 8, 2021 Report Share Posted January 8, 2021 As Clint Eastwood would say...."Do you feel lucky?" "YES I DO" It is almost celebration time! Go RV or RI Soon!! 3 Quote Link to comment Share on other sites More sharing options...
JonnyV Posted January 8, 2021 Report Share Posted January 8, 2021 3 hours ago, cjdavid said: Thanks Ron! Not that I believe any gurus, I have always felt that to get the USD out of Iraq, they would have to make it 1-1 out of the gate. I am on DV because Adam and CO. Have the most logical opinions. Or higher IMHO. Outside of Iraq, 3+. 2 1 1 Quote Link to comment Share on other sites More sharing options...
Bob Posted January 8, 2021 Report Share Posted January 8, 2021 As the most interesting man in the world... When the RV happens.....very soon in fact.......I will be headed to Kuwait...to the Hilton on the bay......$600 per night incl breakfast to die for (not literally)..overlooking the sandy beach and the beautiful bay...and bigtime security for our protection. I will be happy to take anyone's Dinar with me and cash it in! (Many money lenders in Kuwait!) I have already talked to Possum and Momma about joining me there for some Hooka and Tequila (I hope they have the tequila!) Let me know if you want me to take your Dinar with me! Stay thirsty my friends! 2 4 Quote Link to comment Share on other sites More sharing options...
fioranosportscars Posted January 8, 2021 Report Share Posted January 8, 2021 4 minutes ago, Bob said: As the most interesting man in the world... When the RV happens.....very soon in fact.......I will be headed to Kuwait...to the Hilton on the bay......$600 per night incl breakfast to die for (not literally)..overlooking the sandy beach and the beautiful bay...and bigtime security for our protection. I will be happy to take anyone's Dinar with me and cash it in! (Many money lenders in Kuwait!) I have already talked to Possum and Momma about joining me there for some Hooka and Tequila (I hope they have the tequila!) Let me know if you want me to take your Dinar with me! Stay thirsty my friends! YOU GOT ANOTHER SEAT AVAILABLE? Quote Link to comment Share on other sites More sharing options...
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