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Tuesday Evening Opinions @ 6:15 PM CDT - 9/13/2022


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 

 

 

*** Mark  [Q? : Nader said European banks are about to begin receiving and exchanging the dinar…. When will the US start?] [reference  Nader post 9-12-2022]  Remember this does not mean the value has changed yet…just that these are banks that previously would not deal with the Iraqi dinar at all…now will… Which means the dinar is still at the same value it is today…waiting on the rate to change. But, that they are accepting it now is huge progress…but does not mean they are exchanging in Europe for a higher value…yet. They have to be able to accept and exchange it when the time comes…so its still good news.

 

*** Kaperoni  If the Iraqi dinar is ever going to go up in value, it's going to take a lot of work for Iraq. The formation of a government, passing of laws through parliament and encouragement of investment in order to diversify their economy away from oil.

 

*** Sandy Ingram  Article: "Governor of the Central Bank: The value of the dinar is stable and we are in the process or raising Iraq from high-risk countries" This story was on the front page of a major news portal in Iraq...the bank is in the process of raising Iraq from high-risk countries according to the classification or the European Union...I am not sure what that statement means but...it looks like Iraq is sending a message...everything is okay...



*** Pimpy   Until this [Seated government] mess gets cleared up you're not going to see any real changes to the Iraqi dinar.  I know people don't want to hear that...how are you going to change the value of the Iraqi dinar when you're too reliant on oil to provide 95% of your government budget.  That hasn't changed.  They were well on their way of starting to build the private and public sectors until this mess happened.  [Post 1 of 2]

*** Pimpy   Now you can't get a budget. You haven't formed a government. You're on the brink of civil war. Although Iraq is benefiting from high oil prices - They continue to increase their federal reserves at the same time increasing their gold holdings which are both very good but again you still have a major obstacle right here in your way...the government...I know this is a rough ride but it will end one way or the other... [Post 2 of 2]

 

*** Mark  We continue to hear very positive things out of Iraq. Article:The Governor of the Central Bank discusses with the European Union the file of the Iraqi economy”  We continue to see open negotiations with Iraq and many countries around the world about changing that rate value and economic reforms. We don’t know the timing but we are close…on the precipice.

 

 

:tiphat:

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15 hours 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... :twothumbs:RON 

 

 

*** Mark  [Q? : Nader said European banks are about to begin receiving and exchanging the dinar…. When will the US start?] [reference  Nader post 9-12-2022]  Remember this does not mean the value has changed yet…just that these are banks that previously would not deal with the Iraqi dinar at all…now will… Which means the dinar is still at the same value it is today…waiting on the rate to change. But, that they are accepting it now is huge progress…but does not mean they are exchanging in Europe for a higher value…yet. They have to be able to accept and exchange it when the time comes…so its still good news.

 

*** Kaperoni  If the Iraqi dinar is ever going to go up in value, it's going to take a lot of work for Iraq. The formation of a government, passing of laws through parliament and encouragement of investment in order to diversify their economy away from oil.

 

*** Sandy Ingram  Article: "Governor of the Central Bank: The value of the dinar is stable and we are in the process or raising Iraq from high-risk countries" This story was on the front page of a major news portal in Iraq...the bank is in the process of raising Iraq from high-risk countries according to the classification or the European Union...I am not sure what that statement means but...it looks like Iraq is sending a message...everything is okay...



*** Pimpy   Until this [Seated government] mess gets cleared up you're not going to see any real changes to the Iraqi dinar.  I know people don't want to hear that...how are you going to change the value of the Iraqi dinar when you're too reliant on oil to provide 95% of your government budget.  That hasn't changed.  They were well on their way of starting to build the private and public sectors until this mess happened.  [Post 1 of 2]

*** Pimpy   Now you can't get a budget. You haven't formed a government. You're on the brink of civil war. Although Iraq is benefiting from high oil prices - They continue to increase their federal reserves at the same time increasing their gold holdings which are both very good but again you still have a major obstacle right here in your way...the government...I know this is a rough ride but it will end one way or the other... [Post 2 of 2]

 

*** Mark  We continue to hear very positive things out of Iraq. Article:The Governor of the Central Bank discusses with the European Union the file of the Iraqi economy”  We continue to see open negotiations with Iraq and many countries around the world about changing that rate value and economic reforms. We don’t know the timing but we are close…on the precipice.

 

 

:tiphat:

 

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