Sunday Afternoon Opinions @ 4:55 PM CDT - 8/22/2021

[ronscarpa]

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 

 

 

*** Breitling  Question: [Will the upcoming [Iraqi] elections or the end of Iraq's fiscal year have any bearing on the revaluation?]  No it will not.  Iraq is strictly looking at the markets.  They're looking at how much they owe.  Remember one of the main principles - they want to get out from under the U.S. dollar.  Do they want the US dollar?  Absolutely they do.  But they want to have control of what they can spend and how they spend it and to do that they're going to have to add value to the Iraqi currency.

 

*** MilitiaMan  ...We all know...that there is to be Monetary and Economic Reforms in tandem that started months ago. This PM is one to make sure everything is in order and timely... The help of the Central Bank and Private Banks is all a part of the implementation of the afore two reform projects. One  of which is money. To get to a market economy a new exchange rate will need to be exposed...(post 1 of 2).. REPOSTED for continuity

*** MilitiaMan  The convergence of the new notes and the exchange rate needs to be quick and imo seamless.  Down to tellers and ATM machines.  The talk of the glorious history and it's ancient glory to become again the beacon of light shown to the world is about to be exposed to the not only higher echelons, but, the citizens next, then to the world... It will also be a digitally transformed currency with all the glory of the past. imo... Lets see what this weekend brings us...(post 2 of 2).. 

 

 

[utah rock]

Thank you Ron, always the first place I check. 
Interesting thing happened last night, hoping it’s related; I was at the gym and tried to buy something to drink but there system was down. I was going to pull some cash but my online banking was also down for maintenance. I thought that was strange and then I talked to a friend who lives in a different state and he had trouble paying for dinner last might with his debit card and had to go to the atm to get cash. I started hoping it all had to do with our Dinar, probably wishful thinking but isn’t that what this darn thing has turned to ( been invested Spence 2004 and not going anywhere till I see how it ends). 
Thought I would share, have a great Sunday and GO RV/RI!!!

[Longtimelurker]

1 hour ago, utah rock said:

Thank you Ron, always the first place I check. 
Interesting thing happened last night, hoping it’s related; I was at the gym and tried to buy something to drink but there system was down. I was going to pull some cash but my online banking was also down for maintenance. I thought that was strange and then I talked to a friend who lives in a different state and he had trouble paying for dinner last might with his debit card and had to go to the atm to get cash. I started hoping it all had to do with our Dinar, probably wishful thinking but isn’t that what this darn thing has turned to ( been invested Spence 2004 and not going anywhere till I see how it ends). 
Thought I would share, have a great Sunday and GO RV/RI!!!

I went to the car wash this morning and our annual membership had to be renewed after only 3 or 4 months.. kinda strange