Tuesday Late Afternoon Opinions @ 5:33 PM MST - 1/31/2023

[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 ....  RON 

 

 

Sandy Ingram  I remind you once again, you will only need to travel to exchange your IQD only "IF" Iraq prints new money.

 

MarkZ   Article: “Iraq is seeking full membership in the International Financial Action Organization” I think this one is important because they cannot get full membership without a meaningful currency change…according to most experts. And I agree with them.

 

Mnt Goat   WOW! So much news once again about the dinar and... today we are hearing many surprises...The CBI is going to allow any currency to be accepted by the banks in addition to dinar and US dollars. But also to pay for imports and the bills of merchants with other currencies, besides dinar but including dinar. Folks we have been waiting a long time to hear such good news.  ...we are going to get the reinstatement very shortly now. Just hang tight a bit longer.

 

Frank26  [Iraq boots-on-the-ground report] FIREFLY: We see on television news that another delegation from Iraq banks is being told to go to the USA. This will be the 3rd group that goes there and meets again with the feds on why large amounts of dollars is being smuggled to private bank accounts inside of Iraq.

 

Militia Man  The Uproar has been about the exchange rate...the exchange rate in an official capacity is at 1460.  The street rate is about 1600...that may sound like a bad thing but it may not be because what's it's doing is it's going to apply more pressure for the central bank to take action.  And I believe they are taking action.

 

Clare  Article: "The US Federal Reserve will meet tomorrow regarding the dollar in Iraq" Quote: "The US Federal Bank will hold a meeting on Tuesday, in which it will study Iraq's proposals to curb the dollar's rise." Hopefully we will hear something positive tomorrow..! RON 

 

MarkZ  Still hearing from the banking side that there are great  expectations for the next 24 hours...Most of the chatter out there is they are still squarely looking at overnight tonight and into the morning. 

 

Pimpy  It's starting to look like Iraq along with several other countries are in a serious currency crisis...

 

Frank26  Article: "The US Federal Reserve will meet tomorrow regarding the dollar in Iraq" THIS IS A VERY BIG MEETING!  Quote: "The US Federal Bank will hold a meeting on Tuesday, in which it will study Iraq's proposals to curb the dollar's rise." Hopefully we will hear something positive tomorrow..! RON 

 

MarkZ  Article: ”The Governor of the Central Bank presents to Parliament a plan to adjust the dollar exchange rate”  There is a tremendous amount of back and forth going on…. This is the yo-yo. This is the same yo-yo we saw in Kuwait. This is the same yo-yo we saw in china before their revaluation in the late 90’s…. This is the same yo-yo we saw from Germany after WW2...  I thought the roller coaster was interesting before this…but over the last 2-3 days…this yo-yo is strong...Like Nader says…the fundamentals are strong. Things are solid. And they will keep playing this game with us and the whole world until they pull the trigger.

 

 

[cjdavid]

So…tomorrow must be the 29th! 😂😂😂

[screwball]

10 hours ago, ronscarpa said:

Sandy Ingram  I remind you once again, you will only need to travel to exchange your IQD only "IF" Iraq prints new money.

Why print new currency if they are going digital….they will release lower denoms in the short term 

[screwball]

10 hours ago, ronscarpa said:

This is the same yo-yo we saw from Germany after WW2...

This dude must be really old….flog 

[screwball]

10 hours ago, ronscarpa said:

Frank26  Article: "The US Federal Reserve will meet tomorrow regarding the dollar in Iraq" THIS IS A VERY BIG MEETING!  Quote: "The US Federal Bank will hold a meeting on Tuesday, in which it will study Iraq's proposals to curb the dollar's rise." Hopefully we will hear something positive tomorrow..! RON 

Is this in an article…? 

[rvmydinar]

14 hours ago, cjdavid said:

So…tomorrow must be the 29th! 😂😂😂

Does Someone celebrate the birthday on the 29th? Who could that be? The triplets ( Frankie , kaperoni  and markz )?

[rvmydinar]

16 hours ago, ronscarpa said:

Sandy Ingram  you will only need to travel to exchange your IQD only "IF" Iraq prints new money.

Do we have to travel? Do we have another options? Can we exchange to the dinar dealers here in the states "IF" just in case Iraq prints new money?