Thursday Evening Opinions @ 4:44 PM CST - 2/04/2021

ronscarpa · February 5, 2021

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

*** Pimpy *** Article: "On Monday, the Central Bank of Iraq's hard currency sales increased by 26 percent" This is good. Where before they were holding U.S. dollars because the Iraqi dinar had devalued and so you know they don't want to part with the US dollar. It's a stronger currency against the dinar...This jacks up the foreign currency they [The CBI] hold so the foreign currency assets are increasing. This is good because what that does then it strengthens the Iraqi dinar. We want to see this happen...this is a good thing to see happen.

*** Jeff *** Iraq is in the news. They're kind of suggesting that Kurdistan and Baghdad still have differences with the figures in the '21 budget...I doubt Kurdistan and Baghdad have many differences...be careful of what information you choose to trust...we're looking really good. Everything in Iraq is moving in the right direction. They have set the stage for the rate change. The IMF and WB are calling the shots. Even oil is moving in the right direction. Right now they have a budget surplus of oil. Everything is looking good...

*** Pimpy *** Erbil and Baghdad still need to come together and come up with an agreement. There's still some disagreements there. As soon as they do and they get that going forward, get that settled then we'll have a the 2021 budget. Truly finalized.

*** Jeff *** Since Iraq devalued their currency who's been in charge? Who instructed Iraq to devalue their currency? The World Bank and the IMF. The WB and the IMF they don't play games. They don't work around a big sloppy mess. They run a tight ship. If you think Iraq is a big sloppy, disorganized mess that doesn't have stability, think about it carefully. The WB would not work with Iraq if they were a big sloppy mess and they didn't have stability. What we've been waiting on this whole time was stability...they're probably much further along than they're telling you and probably much more organized...

*** Mnt Goat *** What we know for FACT is someday very soon the Iraqi dinar reinstatement MUST happen or Iraq cannot become in the long term the great nation it has the potential to be. ...The other FACT that we know is the corruption within Iraq , Iran and the US is holding up the reinstatement of the dinar. This is not my “opinion” but FACT. ...Iraq is ripe with corruption. ...Trump did have a plan to stop the corruption and shut down Iran ’s involvement in Iraq and also the US politicians who are raiding the coffers of Iraqi wealth. His plan was working and Iraq began moving ahead...