Saturday Midnight Opinions - CST - 2/18/2022

[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  Article: "After al-Sadr’s tweet, the Iraqi parliament summons the Minister of Finance and the Governor of the Central Bank"  I’ll bet there is nothing in the world now that is going to stop this Man, Sadr.  He has been on fire for months now...He has told the citizens he was pro exchange rate change at the start this year. He is on track for that today, too...The CBI has the rate and the Finance Minister has the laws to allow the money to be spent. This not for later it is now, immediately...

 

 

*** Vital Brad  Was I wrong the other day to say Iraqi dinar was never going to revalue?  I've been in this for 12 years waiting and waiting and waiting for it to revalue - finally I hit rock bottom, readjusted my position on it and what's happening!?!  There's some hot stuff coming out on the Iraqi dinar!  Was I wrong? ...  Article: "Al-Kazemi's advisor:  It is time to address the side effects of changing the exchange rate" ...I still hope it's gonna happen...I'm gonna let it unfold.  I thought it was really cool to actually see the currency rate being talked about on their mainstream news.  It's a big thing.

 

*** Pimpy  Article: "Al-Kazemi's advisor:  It is time to address the side effects of changing the exchange rate"  What do you think it means Pimpy?  I think it means exactly what it says.  They're going to address the exchange rate.  I know what people want my answer to be but I'm not going to make that kind of commitment because there's nothing out there that indicates this [A big RV].  All they're talking about is changing the rate...I'm just gonna go on the assumption that they're going to change it back to the 1190 dinar for every 1 US dollar...if they actually dropped it down 1050 dinars for every 1 dollar you're looking at about a 27.5% increase...

 

 

[pricestar8]

yes they shuld start at 1050 ad let it move up or down on the fortex

[3 bucks new rv rate]

and delete 3 zeros to get closer to 1:1.

[currenzcraze]

Ron your a day ahead again.  Appreciate ya!

 

I would be happy with $.15 after all these years.  

[cjdavid]

Thanks Ron! I appreciate all the time you put in finding these articles. Real or otherwise. Not wanting to sound greedy, I would not be happy and would not cash in @.15. Not when you realize they have to at least match 1:1 to get the USD out of use and circ in Iraq. I would get out of dept at that point but hold some til they go back I. The $3 range that is once was. And Middle East Pride, will get it there shortly after the 1:1 IMO.

[ronscarpa]

12 hours ago, pricestar8 said:

yes they shuld start at 1050 ad let it move up or down on the fortex

 

11 hours ago, 3 bucks new rv rate said:

and delete 3 zeros to get closer to 1:1.

 

5 hours ago, currenzcraze said:

Ron your a day ahead again.  Appreciate ya!

 

I would be happy with $.15 after all these years.  

 

At this point I'll take anything for them to start. I'm with any of you RON 

[NWGUY]

Yes...just start somewhere, or even where we are currently, and let it float.  It would take very long to be in the "money"!