Monday Early Morning Opinions @ 9:50 AM CDT - 4/25/2022

[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 

 

 

*** Mnt Goat  Article: "THE MINISTRY OF FINANCE CLARIFIES ABOUT RESTORING THE DOLLAR PRICE TO 120 THOUSAND (1200) IN THE 2022 BUDGET" - The CBI does not intend to reduce the exchange rate of the dinar, thus raise the value of the dinar back to the pre-December 2020 rate. [Q?: Why would they even do this change back to 120 if they already know of a plan to significantly raise the rate (not the value) of the dinar and conduct the project to delete the zeros?]... We know the VALUE is already in the dinar only they are suppressing the nominal rate and holding back the reinstatement until they can see a stable government.

 

 

Edited April 25, 2022 by ronscarpa

[Luigi1]

here's another article related to the above...

Nader:   In the next few weeks we keep watching.  We hope things gonna happen.  We’re hoping it’s gonna go 1 to 1.  1.20 to 1.  But, we don’t know yet.  We’re not sure because every day they say something else and something new, one day yes, one day no.  They cannot set a government.  They cannot set a president...we are just gonna have to wait and see what’s the game.  Iraq is doing a lot…Iraq in the next 20-25 years is gonna be better than Dubai or better than Saudi or better than anybody else…