ronscarpa Posted February 2, 2022 Report Share Posted February 2, 2022 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 *** Nader From The Mid East If they do that [put it back to 'previous' 1160] ..if they put it back on Forex it will be at like $3.00 in a month... Because right now you cannot exchange it on Forex. You cannot buy it at the banks. You cannot do anything with it in the United States. There's only one or two banks accepting it and it's very small banks...If they put it on the Forex I think we'll reach $3.00 in a month but for now it's not on the Forex and it's not in the banks it's toilet paper like you guys say...for now we wait. We wait. We wait... 2 9 3 Quote Link to comment Share on other sites More sharing options...
Fairways&Greens Posted February 2, 2022 Report Share Posted February 2, 2022 I don’t think it would jump that quickly unless the dollar goes into hyper-inflation (which is a possibility the way the Fed and Biden are bungling things). If they do float, it might take quite some time to get to $3—especially since 1160 is still worthless. Maybe if they RV at close to $1 it might surge up to $3 in a year or so because of speculation and that would depend on their economy, infrastructure, tourism, trade, etc.. I’d be happy with any movement Iraq can muster. 1 1 7 Quote Link to comment Share on other sites More sharing options...
chess Posted February 2, 2022 Report Share Posted February 2, 2022 5 minutes ago, Fairways&Greens said: I don’t think it would jump that quickly unless the dollar goes into hyper-inflation (which is a possibility the way the Fed and Biden are bungling things). If they do float, it might take quite some time to get to $3—especially since 1160 is still worthless. Maybe if they RV at close to $1 it might surge up to $3 in a year or so because of speculation and that would depend on their economy, infrastructure, tourism, trade, etc.. I’d be happy with any movement Iraq can muster. ....BE TICKLED GREEN, IF WENT TO 13 CENTS!! 2 1 5 3 Quote Link to comment Share on other sites More sharing options...
cws Posted February 3, 2022 Report Share Posted February 3, 2022 1 hour ago, Fairways&Greens said: I don’t think it would jump that quickly unless the dollar goes into hyper-inflation (which is a possibility the way the Fed and Biden are bungling things). If they do float, it might take quite some time to get to $3—especially since 1160 is still worthless. Maybe if they RV at close to $1 it might surge up to $3 in a year or so because of speculation and that would depend on their economy, infrastructure, tourism, trade, etc.. I’d be happy with any movement Iraq can muster. Odimwit and the fed aren’t bungling things…..It’s being done on purpose. 1 2 1 Quote Link to comment Share on other sites More sharing options...
Fairways&Greens Posted February 3, 2022 Report Share Posted February 3, 2022 18 minutes ago, cws said: Odimwit and the fed aren’t bungling things…..It’s being done on purpose. Biden is so out of it that his handlers and staff have to clean up his messes; but yeah, the Fed know what printing trillions of dollars and keeping interest rates low this long does to our currency and economy. 3 Quote Link to comment Share on other sites More sharing options...
davis411 Posted February 3, 2022 Report Share Posted February 3, 2022 2 hours ago, Fairways&Greens said: I’d be happy with any movement My wife says that what does it mean? 3 Quote Link to comment Share on other sites More sharing options...
screwball Posted February 3, 2022 Report Share Posted February 3, 2022 12 hours ago, ronscarpa said: 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 *** Nader From The Mid East If they do that [put it back to 'previous' 1160] ..if they put it back on Forex it will be at like $3.00 in a month... Because right now you cannot exchange it on Forex. You cannot buy it at the banks. You cannot do anything with it in the United States. There's only one or two banks accepting it and it's very small banks...If they put it on the Forex I think we'll reach $3.00 in a month but for now it's not on the Forex and it's not in the banks it's toilet paper like you guys say...for now we wait. We wait. We wait... It can jump easily to 3:00 if they choose....it will have to come out par or greater than 1:1 2 Quote Link to comment Share on other sites More sharing options...
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