Thursday Afternoon Opinions @ 4:57 PM CST - 2/03/2022

[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... So, take everything with a grain of salt... Especially if it comes from Mark... RON 

 

 

Walkingstick  A pairing is what we now are looking for...because it will start to reveal what the Iraqi dinar is doing is a float...the pairing will lead the Iraqi dinar to an exchange rate equivalence...the IMF and the U.S. treasury...will only allow the float to be a plus or minus 2% to 3%...until they cap it.

 

Frank26  "International". There is no other word for us to be interested in right now...It's so important that you understand Iraq is reaching to the international world.  Their arms are wide open.  They're hugging everybody...international.   This is powerful.

 

Pimpy   With all this speculation going on with the exchange rate you really have to question what is really going on. Are these individuals who are supposedly privy to the truth about the exchange rate and that some change might be taking place, therefore they're starting all kinds of speculator rumors which drives up the value of the dollar against the Iraqi dinar allowing people to buy more dinar for the dollars because they anticipate a change in the rate that would benefit the dinar...?

 

Clare  Article: "The International Monetary Fund: the reserves of the Central Bank of Iraq will rise to 100 billion dollars"

 

Mark  There is a whole lot coming out of Iraq right now and holy smokes it has been an interesting overnight and early morning already.  Things have lit up overnight...We know they have finished all their requirements and now it looks like they are off “stuck” and moving quickly... What I am hearing coming out of the banking side. Meetings started yesterday late in the evening…as they try to prepare for this...I don’t have any timing from bankers yet…they were still in meetings late last night. I cannot wait to get updates today. Just more of Mark's BS - speaking but saying nothing..!

 

Frank26   [Iraq boots-on-the-ground report] FIREFLY:  We were told that the last payment for Kuwait has been made.  It was paid off yesterday... FRANK: To see Kuwait is finally satisfied with the restitution that Iraq needed to do with them because this is one of the precursors of the new exchange rate through the IMF...it is exciting. I can see your excitement.!