Sunday Midnight Opinions - 1/23/2022

[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 

 

 

 

*** MilitiaMan   ...why would they revert back to a program rate that is not nor was ever international? Why would they have destroyed massive amounts a large 000 notes. Many of us watched the video on it specifically. The accounts at the CBI showed they payed for new currency. The obvious take away is that they are doing what they said they were going to do and that is to return to the glory days or in recent terms to the predecessor. 1190 doesn’t support new small category notes. Nor does it show that Iraq will be IMF Article VIII complaint 100%...imo...

 

*** Kaperoni  Those who have purchased dinar in hopes of making a significant amount of money, well it's not going to happen until Iraq builds an economy. Only with the success of Iraq's economy can the dinar go up in value. The dinar is not a lottery ticket.

*** Frank26  The float will go faster than you realize.  Know when to hold them.  Know when to fold them.  Good luck.  Because I truly believe it's going to happen at an extraordinary fast-paced - accelerated by some recent events...they're forming their government ...at the speed of light...

 

[NWGUY]

I am sure that Iraq will come out with a low rate, and float it from there.  Then it will be up to us to decide when to cash in.  Like the old Kenny Rogers song The Gambler.  You got to know when to hold them, and when to fold them!   Who knows, they may come out with the rate, and a window to cash them in.   Either way, I think I will be going bye bye with whatever loot I can get!