ronscarpa Posted August 13, 2022 Report Share Posted August 13, 2022 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 *** Sandy Ingram Article: "Central Bank of Iraq reserves return to levels before ISIS war" The CBI announced that its cash reserves rose to $82 billion which is the level prior to the ISIS war and advanced 10 ranks in the list of countries with the largest gold reserves in the world with 130 tons. These factors play a huge part in a country's foreign currency exchange rate... *** Tivon I am 100% excited about August 15th. Why? Because for the first time in this investment all banks in Iraq will be ready for the new rate. Al-Kazemi could announce on that date or afterwards...Then the next day the CBI can reinstate the currency...Or it can all happen at once within hours. Regardless the sequence can happen in a consecutive fashion or a concurrent manner. I am good either way... 2 8 1 2 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted August 13, 2022 Report Share Posted August 13, 2022 Exciting times Ron and fellow DV'ers. Thxs for the post. pp 7 1 Quote Link to comment Share on other sites More sharing options...
chris2028 Posted August 13, 2022 Report Share Posted August 13, 2022 I completely forgot about the August 15th bank requirement! Was there ever an article about that posted? With all the chaos and tension over there it's as if it shuffled down the pile. Thanks Ron! 1 2 Quote Link to comment Share on other sites More sharing options...
keylime Posted August 13, 2022 Report Share Posted August 13, 2022 1 hour ago, ronscarpa said: 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 *** Sandy Ingram Article: "Central Bank of Iraq reserves return to levels before ISIS war" The CBI announced that its cash reserves rose to $82 billion which is the level prior to the ISIS war and advanced 10 ranks in the list of countries with the largest gold reserves in the world with 130 tons. These factors play a huge part in a country's foreign currency exchange rate... *** Tivon I am 100% excited about August 15th. Why? Because for the first time in this investment all banks in Iraq will be ready for the new rate. Al-Kazemi could announce on that date or afterwards...Then the next day the CBI can reinstate the currency...Or it can all happen at once within hours. Regardless the sequence can happen in a consecutive fashion or a concurrent manner. I am good either way... I love how he gives himself an Out. "Al Kazemi could announce on that date OR AFTERWARDS" Ha ha ha. Yeah "Afterwards" could be three years from now and he could say, "See. Told you all." LOL! 2 1 1 Quote Link to comment Share on other sites More sharing options...
Artitech Posted August 13, 2022 Report Share Posted August 13, 2022 20 minutes ago, chris2028 said: I completely forgot about the August 15th bank requirement! Was there ever an article about that posted? With all the chaos and tension over there it's as if it shuffled down the pile. Thanks Ron! Not Ron but, the answer is yes! Maybe Yota can find it! 🤠 1 4 Quote Link to comment Share on other sites More sharing options...
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