Thursday Afternoon Opinions @ 5:38 PM CST - 11/11/2021

[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 

 

 

*** Walkingstick  Article: "Basra University organizes a panel discussion on the project to delete zeros from the Iraqi currency"  This is not the first time...They've been having them at least once a month.  This past month they had a lot of them...they've been educating the citizens of Iraq for a long time about the monetary reform.  No, this hasn't been put in article form...This article...is simply another announcement of the reinstatement of their currency and of a new exchange rate...education of the citizens of Iraq...this is what [we] told you that you would see and you're seeing it now...When have you ever seen the governor of the Central Bank of Iraq come out and tell the Iraqi citizens we're about to give you a new currency and a new exchange rate and these are the reasons why...?

*** Pimpy  Article: "Washington Post writer met Al-Kazemi in the bombed house:  The strike made the second term certain"  The attempt on his life most likely backfired because he has drawn a lotto sentiment from all factions out there...this is good news IMO...4 years with Al-Kazemi is going to be interesting to watch...he has done a lot in such a short period of time.  I'd like to see him continue that...we're going to get to the bottom of things and then we're going to hear the results of the election...next week coming up is going to be a really interesting week in Iraq...

 

*** Frank26   the 'countdown' is not for a liftoff.  That was years ago.  The countdown is what you're witnessing.  They're counting it down every day to a date that they have in mind.  I have a feeling that it's within this year.  And if for some reason it comes out this year the citizens won't be able to use it not until it's officially handed to them.  I told you 2021 is the education.  I pray that they can get them well educated that they can give it to them now this year...

 

 

[ronscarpa]

Wednesday Midnight Opinions - Late Post:

 

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 

 

 

*** Frank26  Question: "Have the Iraq citizens seen the new lower denominations?"  No.  But they have seen the older lower denominations and were told to prepare themselves to go back to the glory days when they used to have lower notes...

 

*** Mnt Goat  Iraq is now pumping over 1/3 more oil. There are also the fertile banks of the Tigris and Euphrates rivers that have been drained and now produce net exports of vegetables and fruits. Then two huge gold mines discovered since and the Central Bank now has more than required gold reserves to back up the dinar, according to Basel requirements. We know this because of the Basel rules currency now enforce asset backed currencies and Iraq has tremendous assets much more “realized” assets then it has even in 1991 when the rate was around $3.22... 

 

*** Kaperoni  The idea of a significant RV of the Iraqi dinar with 100 trillion dinar in circulation when Iraq is only worth $16 trillion dollars including all oil and minerals in the ground is absurd. I find this figure dubious since over 40% of Iraq has not been explored for potential oil fields, and the recent Gold finds haven't been fully explored. JMO..!

Edited November 11, 2021 by ronscarpa

[Half Crazy Runner]

42 minutes ago, ronscarpa said:

 I find this figure dubious since over 40% of Iraq has not been explored for potential oil fields, and the recent Gold finds haven't been fully explored. JMO..!

Totally agree! 👍🏻

[goldwinger57]

Kaperoni (pepperoni) is so up and down why would anyone believe him? One day it's all great and the next " oh no way can this happen". Just another blow hard JMO. And the there is Frank--enough said