ronscarpa Posted March 21, 2021 Report Share Posted March 21, 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 *** Jeff *** Back in 1973 the value of the dinar against the dollar was $3.37...Iraq is the wealthiest country in the world...Iraq's worth more money than Kuwait...[The reason] Kuwait has the highest value currency in the world is when they changed their rate they unpegged their currency from the US dollar and re-pegged to the highest valued currency assortment basket...it's called the KUNA basket...the value of their currency against the US dollar is approximately $3.28 today. Iraq has more minerals in their soil. They've got gold, lithium, diamonds, natural gas. They're the wealthiest country in the world. There's a very good chance that when the rate changes Iraq could...do what Kuwait did and unpeg from the US dollar and peg to that same currency assortment basket called the KUNA the highest valued basket in the world... *** Kaperoni *** Truth and facts are what we are all about. We have spent many years researching the dinar investment and talked about how the dinar can appreciate in value. If it goes up it will go up gradually over time as the economy prospers. There are no shortcuts. ..the Parliamentary Finance Committee confirmed today that there is no adjustment to the exchange rate in the budget... 1 2 1 Quote Link to comment Share on other sites More sharing options...
stanleypower Posted March 21, 2021 Report Share Posted March 21, 2021 6 minutes ago, ronscarpa said: the Parliamentary Finance Committee confirmed today that there is no adjustment to the exchange rate in the budget... And they also stated that they have no authority. So how credible is anything that comes from Kaperoni. Just another guru. 1 1 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted March 21, 2021 Author Report Share Posted March 21, 2021 Sorry Everyone, but these are SUNDAY - 3/21 Opinions..!! Following was added at 1:39 PM CDT: *** Walkingstick *** The [Saturday] meetings are concluded...next week they will add more meetings for the next phase. Whatever that is...???..!! 3 1 Quote Link to comment Share on other sites More sharing options...
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