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Monday Evening Opinions - 6:45 PM CDT - 7/25/2022


ronscarpa
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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... :twothumbs:RON 

 

 

*** Walkingstick [via Frank26] Question: "What if they come out at 1200?That would be better. They could come out at $1.20 to 1 ...Remember, they are going to unpeg from the American dollar.  It won't be 1 to 1.  It won't be $1.20 to 1.  It will be whatever rate they come out at.  And it is going to have to be recalculated on a daily basis...

 

*** Militiaman ...The government in place that is Halabousi, Saleh and Kahdimi can, are and will continue in the present state of affairs.  The back and forth about seating of the government now is looking to be more folly than anything else...The present government is legal and can do day to day business... They have the authority all taken care of or the deals with FRANCE would not have been done..imo.. TIMING..

 

*** Pimpy  What is it, 9 months later and there's still no government.! Nope, not at all. What do we see every week?  We see the same thing - the Coordinating Framework promising what? That they will have a quorum and they will elect the president and the Prime Minister...[new] elections are coming I have a feeling no matter what...

 

*** Nader From The Mid East  The starting point in Europe will be Paris, in the United States we don't know.  Asia, we don't know because they ain't put anywhere...over here [US] I think it's going to be New York or Miami we'll see...you don't have to travel anywhere...you just stay here then you change your dinar...

 

*** Mark ...There is still a tremendous amount of chatter out of Iraq. They are still moving forward with renegotiating rates and contracts...one of the specific contracts of course is the $27 Billion dollar Total Contract from France. They had finished the deal in dollars and now are re-negotiating it to be paid in dinar. ...We know we are watching it roll out.  We know we are seeing rate change conversations in Iraq…We know banks are positioningWhat is the evidence  of the renegotiating contracts Mark..? Give some articles as proof..!

 

*** Clare Article: "Central Bank: Paris will be the starting point of the Iraqi banking sector towards Europe"
 

*** Jeff  Kazemi will be reinstated two terms for Prime Minister.  Look for him to be reinstated on a Saturday.

 

*** Mnt Goat  We already know the VALUE is not reflected in the RATE of the IQD as alone oil revenues
along with the other assets such as minerals, gold, etc, would surely bring the IQD way over $3 never mind the current 1/6 of penny.
 So, if you are still waiting for Iraq to turn totally capitalistic and build an enormous economy don’t hold your breath, this is not how it going to happen.

 

 

:tiphat:

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