Wednesday Morning Opinions @ 9:58 AM CST - 11/09/2021

[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   There is some very good news coming out of the Central Bank. I am told they are still working towards the early January 2022 revaluation of the dinar. There is a huge necessity to actually conduct the project to delete the zeros as the first step and this could happen any day now as we move closer to 2022. I do not believe the assassination attempt on al-Kazemi’s life will make any difference as the project is part of the solution not the problem. Everyone should relax and be glad we are entering an ending period to this long-awaited process of currency reform.

 

** Frank26  What you are seeing about the reserves is they're showing you that the monetary reform is more than ready...digital transformations of what they've done internationally under article VIII, oh man that's even more.  I've already told you security, stability, supply and demand, 'glory days', all these things showing the Iraqi citizens that the CBI is ready to raise to raise the value of their currency to do exactly what Sadr...is telling the citizens.


** BobTheTaxMan  Have you heard anything from Warka Bank?  For those of you who may or may not be aware... Warka...opened up it's doors to allow people who were International to open up an account to be able to buy IQD there and store them there  [In Iraq]...About 30 days ago it went completely dark.  Meaning their website...went away.  The source I have...went dark...I sent an email inquiry to the CBI...nothing.  I do know they were insured and the account they've got are protected...the only thought I have is...either they're being absorbed into another bank or they're being overtaken and managed in the future by CBI.  But I don't know exactly.


** Sandy Ingram  Article: "Iraq's oil potential still mainly untapped"  Iraq appears to be slated to continue in the power of oil due to the untapped oil believed to be under Iraq.  Plus, Iraq has a great opportunity to cash in on tourism almost to the same level as Egypt and Jerusalem...

 

[yendor]

It seems like this " I am told they are still working towards the early January 2022 revaluation of the dinar. There is a huge necessity to actually conduct the project to delete the zeros as the first step and this could happen any day now as we move closer to 2022 "  is an annuual rhetoric Gurus like to use at the end of EVERY year.

 

One thing that they are right about is that  WE ARE CLOSER THAN WE HAVE EVER BEEN BEFORE .