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Saturday Midnight Opinions - 5/08/2021


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 



*** MilitiaMan  Article: "Ports call for accelerating electronic transformation"   This has been a work in progress for years. They have not just started this. They have been hard at this for many years. Now it is effectively go time...We know the IMF, UN, World Bank, Bank of international Settlements, etc have a pulse in the on goings in the monetary reforms and digital transformation that Iraq is presenting to the world now..(post 1 of 2).. 

 

*** MilitiaMan  It is very clear they are gearing to interlink globally via land, sea and air...All borders, ports and airports will have codes for all goods. A requirement for Article 8 and or WTO ascension. imo ~ They are obviously educating everyone in the matter.  The most important at this level are the those 200 banks, as they clear money globally... They all have a need to know and at the same time. They got the message...This is very very very exciting times imo.!..(post 2 of 2).. 

 

 

*** Frank26  We're looking for, what we call 'chatter' from the CBI and the GOI...It's not hard for the IQD to de-peg from the American dollar because the IQD's assets and natural resources simply embarrass the American dollar...

 

*** Mnt Goat  Article: "THE GOVERNOR OF THE CENTRAL BANK DETERMINES THE STEPS FOR DEVELOPING THE FINANCIAL AND BANKING SECTOR"  Quote:  "He also urged banks to digitally transform the services provided by opening accounts remotely, and using applications such as mobile phone applications and internet banking services, in accordance with international best practices.”

 

*** MilitiaMan  Article: "THE ARAB MONETARY FUND (AMF) HOLDS A VIRTUAL WORKSHOP TO DISCUSS BUNA’S COMPLIANCE STANDARDS AND INFORMATION SECURITY CERTIFICATION"  ...The country of Iraq is going smart tech now. Just as the borders are too. They are now already catching the pilfering of funds. That is not going to be allowed anymore. They are to nip that in the bud, pronto...They are going to the internet for international accounts. Article:  "The International Islamic Bank launches a new service They'll need imo an international rate when all is ready, set, go.. imo.  That appears to be underway and on many levels. Even King Salman has granted license for ITB to open branches in the Kingdom...imo.

 

 

:tiphat:That's all Folks - Blessings - Ron 

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Thanks Ron. These RUMOR reports all make sense and shows a path to an increase,  but bottom line is that the Iraqi Dinar is still worth less than a penny and they seem to be happy about it over there.

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