Sunday Evening Opinions @ 6:55 PM CDT - 10/17/2021

[ronscarpa]

 

 

 

** Newshound Desert Advisor  There were the elections.  The guy who was elected he talked about raising the dinar gradually and bonds have now been issued for the government.  Looks like they're continuing to do what they need to...based on the price of the Iraqi dinar today and let's say it takes 5 years to float back up to a dollar, three dollars what it used to be, What kind of rate of return would that be?  What kind of opportunity is that?

 

** Newshound Edu Matrix  Article: "Partial results show pro-Iran groups losing Iraq election"  This is great news.   We now know that the elections had a low turnout rate however the people who did vote voted down the pro-Iran groups.  Meaning people are awake in Iraq.  They know what time it is...we are hoping for a parliament that will supports Iraq's inclusion in the global financial world without going against Iraq's constitution...

 

** Newshound Pimpy  Banking meetings - there's a ton of them going on and it's not just in Iraq.  It seems to be worldwide...bank reforms.  There is a lot of that going on. Here's my theory on this... Article: "The Ministry of Finance announced the restructuring of Al-Rafidain Bank"  We already seen an article similar to this...but this on seems to be a little more in detail...they were going to do an ad campaign on behalf of the dinar to encourage people to start using the dinar and get rid of the U.S. dollars...this new restructuring in banking is meant to try to get people to have more confidence in the dinar...

 

** Newshound Clare  Question: [Has anyone  heard anything  new about  the  lower denomination notes?]  WHEN THE CBI IS READY TO RELEASE THEM ... THEY WILL RELEASE THEM INTERNALLY...THE CBI HAS NOT SAID THE NEW GOI HAS TO BE ANNOUNCED NOR HAVE THEY SAID LAWS HAVE TO BE PASSED FOR THAT TO HAPPEN...THERE IS NO ARTICLE STATING THAT ... AS A MATTER OF FACT MANY ARTICLES STATE THE CBI IS INDEPENDENT AND THE EXCHANGE RATE IS IN THE CBI'S  HANDS...AND WE DO KNOW THE NSCN'S NEED A NEW RATE AT THE ONSET...IMO.

 

** Newshound Mnt Goat  Article: "IRAQI OIL IS HEADING TO APPROVE A “GIANT” EXPLORATION PROJECT IN THE WESTERN DESERT" ...Iraq is floating in oil and is very rich. There is so much wealth yet to be untapped...

 

[yendor]

** Newshound Mnt Goat  Article: "IRAQI OIL IS HEADING TO APPROVE A “GIANT” EXPLORATION PROJECT IN THE WESTERN DESERT" ...Iraq is floating in oil and is very rich. There is so much wealth yet to be untapped..

 

 

Yet, the IQD is worth $0.0006.  Go figure.

[boosterbglee]

Now if they had poppy fields instead of oil…..

they could have a rate like Afghanistan !

[NWGUY]

I am feeling real positive lately.  Everything is looking good right now....

[yendor]

5 hours ago, boosterbglee said:

Now if they had poppy fields instead of oil…..

they could have a rate like Afghanistan !

 

 

Not really..... Remember, this is Iraq we aretalking about.