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Sunday Night Opinions @ 10:05 PM CDT - 3/14/2021


ronscarpa
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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. :twothumbs:RON
 
*** Dinar Update ***  The CBI has maintained less than 2% spread between the dinar's official rate and the market rate for 84 days.  This means the dinar is within 6 days of fulfilling the IMF's 2% for 90 day rule.  Several Dinar Enthusiasts feel the dinar cannot RV/Increase, graduate to Article 8 and become international until this milestone is met.  If the CBI maintains the market rate at the current rate this rule will be met on March 20th.  You can always see the CBI's official rate and market rate listed on our Dinar Vets  CBI Daily Currency Auction & Currency Exchange Rates  posts.
 
*** MilitiaMan ***...Very important adviser [Salih] stating that the White Papers need activation or nothing will get done. Talk about being open about it!! They have no choice now. They need the rate to be exposed.. Without saying it direcetly, he is saying it.. imo...

 
*** Jeff *** Article: "Political agreement to pass the oil and gas law"  Oil and Gas Law is oil profit sharing for the citizens.  It's still outstanding...Why hasn't it been implemented yet?  It can't be.  It's waiting for the rate change. That's why it's still outstanding...In order to implement it they have to change the rate first.  Then they can amend the constitution and then they can implement it when the budget goes active on April 1st.  Boom!  ...all of this is coming forth now.  You guys are in the best position.  We're golden.  This thing is locked and loaded.  You are right on the cusp of it...

 
*** Mnt Goat *** [Q? When will they vote on the Oil and Gas Law?] They will probably take this up soon too along with the referendum for Article 140. Both of these laws have been ongoing as pieces to the Oil and Gas law have already been voted on and are now effective laws. But the KRG needs to assurances (by legislated law) how this territory in article 140  is to be managed and by whom and will need the funding from the GOI to do it.


*** Mnt Goat *** Article: "INTERNATIONAL MONETARY FUND REVEALS LOAN TERMS, CONFIRMS support FOR WHITE PAPER AND EXCHANGE RATE CHANGE"   I am hearing that Iraq may not be taking this IMF loan after all as oil is rising very quickly. This is a very good sign...

 
*** Jeff *** Article: "Parliament announces the completion of the vote on the draft law of Federal Court in Monday's session The fact that you see them getting this law done now confirms to you that the rate change is here because this law had to be delayed and timed with the rate change.  They could only bring it forward when they're ready to change the rate.  That's what they're doing right before your eyes...more good news walking you into next weekend for a rate change...

 
*** Mnt Goat *** As oil prices rise Iraq is bouncing back. We see them accumulating yet more funds in the CBI reserves. This is all very good..! They will need this to RV. Remember that in 2012 Dr Shabibi has nearly 90 billion in the reserves and kept the provisional rate to 1166.  Remember Dr Shabibi planned to revalue the currency in 2012 and then reinstate it in early 2013. So, in today’s day and age and all that is happening in the USA I would not doubt that an RV could happen before they opened the budget...
 
:tiphat:
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2 hours ago, utah rock said:

Hey Ron, A quick question, did they change the rate before before 84 days ago?


Wtf - So Does ‘Before Before’ Mean After ? :blink: 

 

 

Hmmm ... That’s A Tuffy - Captain Ron May Have To Get Back To U On That One ...

 

 

Give Or Take - About 84 Days ... 

 

image.gif.2329549a1be584d329b722c8433e7b65.gif
 

:D  :D  :D 

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22 minutes ago, utah rock said:

Thank you for helping me be precise with my words 🙏


No Worries ‘U-Rock’ - And No Need To Be ‘Precise’ With What Was A (Captain) Obvious Accidental Double Word Post ! ;) 

 

Just Clowning ...  

 

:D  :D  :D 

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On 3/14/2021 at 10:06 PM, utah rock said:

Hey Ron, thank you for all the options. A quick question, did they change the rate before before 84 days ago?

thank you 🙏 

 

That's when they changed the rate to 1460 IQD/USD on December 20, 2020..! I hope that answers your question...Blessings...RON

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