Thursday Night Opinions @ 8:20 PM CDT - 9/30/2021

[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 

 

 

*** Mnt Goat   Let’s get on with our FACTS for this news period. It is all about the dinar exchange rate and managing it.  This news about the exchange rate has been on going for months now and it is very good news. We have not seen this kind of news EVER since this investment began. I have been in it for 15 years now...we look forward to better days ahead for Iraq...My CBI contact still tells me that January 2022 period is planned for a major change in the exchange rate. I do not believe this major change is back to pre-devaluation Dec 2020 rate but rather a pre-1990’s rate of over $3-$4 and this would have to mean a reinstatement to FOREX.


*** Kaperoni  [Hypothetical Scenario] Iraq is going to go to a 1 to $1 exchange rate...if they do...it will be a LOP not an RV because there's too much currency in circulation for Iraq to ever significantly revalue.

 

 

[yendor]

I don't think that ANY of us care what the rate is or will be, we would just like to see a positive movement. THAT would be a historical change for all of us.