Thursday Evening Opinions @ 6:55 PM CDT - 8/11/2022

[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 

*** Tivon  Article: "Government official: Iraq is not thinking of floating the currency at the moment"  The government is not thinking of floating the currency in light of every conceivable reason to do exactly that for the same reasons they said it's not feasible?  ...They [Iraqi citizens] were already told by the CBI and their news media to expect their currency to float soon...

 

*** Clare  Article: "Government official: Iraq is not thinking of floating the currency at the moment"  THIS IS A DISINFORMATION PIECE, IMO ... THE OFFICIAL IS NOT EVEN NAMED... "The official, who asked not to be named,"


*** Pimpy  Article: "Government official:  Iraq is not thinking of floating the currency at the moment" "The official, who asked not to be named," They're sure doing a lot of talking about what they want to do with the Iraq dinar. If I didn't know any better, if we didn't have an issue establishing the government and getting the budget out we'd be a whole lot closer to the rate change happening with the Iraqi dinar...What's going on in Iraq is upsetting.  This deadlock with forming a government is stifling the growth and potential of the Iraqi dinar.  

 

 

 

*** Kaperoni   There is an article that came out today that says Iraq is not planning to float the currency. This title is misleading...When you read the actual article it says that they can't float the currency without diversifying the economy. And the question I ask you is what has Iraq been saying for the past 3 years that they're trying to do? That's correct they're trying to diversify their economy.

 

 

*** Sandy Ingram  Really good news - Article: "Iraq's oil  revenues during the first half of 2022 exceeded $60 bln"  The country expects to increase oil exports by 2 million barrels per day in 2023.  Iraq is doing it's thing when it comes to oil...

 

*** Nader From The Mid East ...Yesterday article where it says there's no plan to float the Iraqi dinar.  I disagree with him... they have no choice...The IMF are not gonna let him do that...These people want some money and for them to make money the dinar have to float or have to change...it's good for the economy...
 

 

*** Mark  More confirmations today that the goal still is to have this in place by the 15th.  Article from the CBI: “This bank will adopt a specialized platform for the purpose of exchanging documents and data with all banks that will allow you to benefit from many services including foreign exchange, and shares trading access with foreign financial markets in order to analyze financial data to benefit from them and raise the level of efficiency of decisions related to investments and others. So your banks must participate on this platform no later than August 15, 2022.”  This is from the CBI. They are giving us every hint we need for their goals at this time. This is huge.

 

 

*** Bruce ...what I'm getting right now is Iraq's thing is done - the government that they're trying to put back in place...I believe is they may still call it the parliament...they're already elected. They're in the wings right now - they're standing by as they assemble and put together this new form of government.