Sunday Evening Opinions @ 7:50 PM CDT - 6/26/2022

[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 

 

 

*** Frank26  Question: "Are you thinking Iraq is Article VIII compliant?"  Yeah.  Forward and backward.  Sideways, up and down you name it. Do you see any restrictions on them [Iraq/CBI]?  Do you see any sanctions on them?  Heck no.  Everybody wants to join them.  That alone should be a tell tale sign.

 

*** Pimpy  No, you're not gonna get a special rate...people out there claiming that you're gonna go in together as a team and you're gonna negotiate a better deal.  No you're not.  It's not gonna happen.  Whatever rate is out there is for the globe.  That's for everybody. 

 

*** Nader From The Mid East  Community Comment: "It's 100 trillion dinar out there.  It's hard to change that." That's why they're taking the three zeros off, to have a lot less money.  And it's not 100 trillion, it's 71 trillion and a lot of it's been burned...What are they gonna do? ...I think they're gonna take the 3 zeros, will go down to maybe 40-30 trillion.


*** Petra   I would like to add a few dots to the logic equation as to status:  1. Al-Zamili stated weeks ago...upon passing of the law [ESFL] that the ministries would "immediately" be funded to begin their efforts of the WP's.  Well, yesterday was that 15th day...tick tock!  2. Al-Alawai the Finance Minister has been...stating that basically the reforms are ready to go and his ministry is ready to engage.  Hello CBI....Tick Tock! [Post 1 of 2]
 

***  Petra   3. Today... Article "The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" ...is not only the request of Kathemi to change the rate but also...the signatures of 100 or so Parliament Deputies agreeing...Hey CBI...Tick Tock...THE RATE is now before us on a myriad of levels to engage the new Iraq!! ...IMO what are we waiting for?   Hello CBI....Tick Tock!!! [Post 2 of 2]

 

*** Tivon  Saleh said in Articles: "...the rise in Iraq's hard currency reserves will increase confidence in the Iraqi dinar and will increase its stability," stressing that "the Iraqi dinar is approaching full coverage of hard currency reserves in light of the current exchange rate." He also said that "these reserves maintain the purchasing power" ...if you have 1 million in Dinar. And the rate comes out at 1.162 on the Forex. You divide that by one dollar and it will be .86 cents. Which will net you
860,000.

 

 

[Bob]

Please let me now when this happens because my Bentleys are waiting at the dealership!  i HAVE HAD THEM ON HOLD SINCE 2004 WHEN THE RATE WAS APPROX $400 USD!

[Sage449]

How can they continue to pump this malarkey when Putin is allegedly crashing the petrodollar? He, BRIC and 100 other countries. 

Apologies Ron, not a poke at you. I've been in this 2004 or 2005. Expected it to reval eons ago, guess I'm the jackass for believing this could be something good. That once in life I'd picked something right. 

[rvmydinar]

10 hours ago, ronscarpa said:

*** Tivon  if you have 1 million in Dinar. And the rate comes out at 1.162 on the Forex. You divide that by one dollar and it will be .86 cents. Which will net you
860,000.

0.86 is what dinar investors want. However , we don't know what the CBI wants in their brains.