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Wednesday Night Opinion @ 10:00 PM CST - 11/23/2022


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...so, take everything with a grain of salt... Especially if it comes from Mark ... :twothumbs: RON 



*** Frank26  Article: "A source in the Central Bank: It is too early to trade 20,000 dinars and no old denomination will be withdrawn". THE MONETARY REFORM TEACHING THE IRAQI CITIZENS MUCH MORE!   THE CBI ADMITS THEY ARE GOING TO USE A 20K DINAR...IT'S ALREADY PRINTED...THE MONETARY REFORM EDUCATION AT ITS HIGHEST!

 

*** Mark  Here is the chatter I am hearing. DOD contacts are still very confident that this week that we are in right now is the week it happens. I have heard this from a couple of sources. I know they missed the 36 hour window on Monday Didn't I tell you so..! …but they reassure me they are still working to get it done this week. More hopium, but no substance to it. I am still being told by my banking sources here that they absolutely will not work tomorrow. So realistically I believe we are looking at Friday at the earliest:trash: That's an UNDERSTATEMENT...LOL..!


*** Samson  Article: "Expectations of the dollar exchange rate in the 2023 budget" Quote: "The former director of the Office of Financial Supervision, Salah Nuri...There is no change in the exchange rate of the dollar in the 2023 budget, and this is the opinion of both the Ministry of Finance and the Central Bank."

 


*** Kaperoni  ...Going to a bank to cash out. There will be very little if any banks that exchange the dinar if and when it ever becomes traded amongst banks. The reason is simple, most banks are conservative by nature...If and when Iraq ever diversifies their economy is in a position to float the dinar it will rise gradually over time.  Therefore, you would never want to exchange at a bank you would probably want to engage with some type of currency broker or market maker watching it rise.

 

 

*** Mark  Today the fact that Iraq is cleaning up corruption has now made it to main stream news. On AP (Associated press) Article “Auditors in Iraq uncover a staggering $2.5 billion tax fraud” This is an older story out of Iraq that is suddenly getting international attention. Maybe this is some of the smoke we need…just like we saw in Kuwait before they RV’d…

 

*** Frank26  Banks around the world are getting ready to receive the 3-zero notes.  Private banks around the world are already ready.

 

*** Walkingstick  There was $800 million flowing per week out of Iraq from the CBI banks illegally.  It was being done by the political thieves...money exchangers... Maliki... auctions...fake contacts or directly stealing it and not caring if they were caught.  Only the CBI can supervise their banks and they have done a superior job.  That is why the international world is willing to pour into Iraq with their currency converted into Iraqi dinars.

 

 

:tiphat:

Edited by ronscarpa
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On 11/23/2022 at 10:59 PM, ronscarpa said:

*** Walkingstick  There was $800 million flowing per week out of Iraq from the CBI banks illegally.  It was being done by the political thieves...money exchangers... Maliki... auctions...fake contacts or directly stealing it and not caring if they were caught.  Only the CBI can supervise their banks and they have done a superior job.  That is why the international world is willing to pour into Iraq with their currency converted into Iraqi dinars.:tiphat:

 

The more things change, the more they stay the same.

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