Monday Afternoon Opinions @ 5:35 PM CDT - 7/18/2022

[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 

 

 

*** Pimpy  They need to form a government.  Right now there's a lot of infighting happening. Any hopes of the Coordinated Framework being able to form any possible government have to include al-Kazemi as prime minister and not allow Maliki in any part of it.  Because if they do and I can promise you this if there's a huge uprising this is going to last months.  It's going to affect the economy.  It's going to effect the security of the country. There's going to be a lot of problems. All this is going to do is delay any possibilities of increasing the rate of the Iraqi dinar...

 

*** Samson  Article: "300 thousand barrels per day .. Iraq is the fourth largest oil exporter to America"

*** Mark  I agree with him [Guru Nader] …things are really heating up! ...When you see Nader excited…I believe there is something to be excited about. [reference Nader's post this morning] 

 

*** Kaperoni  ...A very good article came out tonight by an advisor to the prime minister. He says there is economic vision to restoring the exchange rate of the dinar. Not by decision, but by real economic reforms, increasing investments in the country.  This article confirms what I have been saying...It's always good the hear from officials in Iraq. Having the exchange rate rise based on real reforms and non-oil revenues is how monetary policy should work..  It goes against the idea also of a currency exchange LOP.

 

*** Tivon   Article: "The government is discussing the dollar exchange rate and plans to convert 4 ministries to self-financing". They will by default increase oil revenues once they return the price of the USD.  Especially the French oil deal with "Total, who had signed off on a 40% cut of that revenue with the four projects in development.  1:1 will definitely move numbers for everyone involved in Iraq's private sector. We are entering the final phase. You can tell they have been sitting on this information and couldn't wait to share.

 

 

[Luigi1]

1 hour ago, ronscarpa said:

*** Kaperoni   This article confirms what I have been saying...It's always good the hear from officials in Iraq. Having the exchange rate rise based on real reforms and non-oil revenues is how monetary policy should work..  It goes against the idea also of a currency exchange LOP.

 

 

 

This is my story & I'm sticking to it...

The Kaps still insists it will be either a LOP or a float.

[rvmydinar]

15 hours ago, ronscarpa said:

*** Mark  I agree with him [Guru Nader] …things are really heating up! ...When you see Nader excited…I believe there is something to be excited about. 

Hey mark. Something to be excited? What is excited? Excited about what? Nothing happens. RV isn't happening. Who is excited? Noone, except you and Nader. both of you might be excited because of your BS spreading like covid pandemic.